Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
P A N I Foundation Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2009. The principal officer is Ah Cpas Pllc. It holds total assets of $3.3M. Annual income is reported at $1.5M. Total assets have grown from $941K in 2011 to $3.3M in 2024. The foundation is governed by 4 officers and trustees. (06) CONTRIBUTIONS TO 501(c)(3)CHARITABLE ORGANIZATIONS. Tax records are available from 2016 to 2024. Funding is distributed across 6 states, including Texas, Pennsylvania, Arizona. According to available records, P A N I Foundation Inc. has made 33 grants totaling $1.3M, with a median grant of $41K. Annual giving has decreased from $320K in 2020 to $230K in 2023. Grantmaking activity was highest in 2022 with $440K distributed across 12 grants. Individual grants have ranged from $10K to $70K, with an average award of $40K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Texas, New York, Arizona, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$50K
Average Grant
$46K
Largest Grant
$70K
Based on 7 grants from the most recent 990-PF filing.
(9) CONTRIBUTIONS TO 501(c)(3)CHARITABLE ORGANIZATIONS
Expenses: $320K
(06) CONTRIBUTIONS TO 501(c)(3)CHARITABLE ORGANIZATIONS. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in TX, NY, AZ.
P A N I Foundation Inc. has distributed a total of $1.3M across 33 grants. The median grant size is $41K, with an average of $40K. Individual grants have ranged from $10K to $70K.
No restrictions.
P A N I Foundation Inc. is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karishma Isha Puri | MANAGER | $49K | $0 | $58K |
| Ajai Puri | VP & TREASURER | $0 | $0 | N/A |
| Michelle Beale | Secretary | $0 | $0 | N/A |
| Poonam Mittal | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.3M
Fair Market Value
N/A
Net Worth
$3.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
33
Total Giving
$1.3M
Average Grant
$40K
Median Grant
$41K
Unique Recipients
11
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Jude India Childcare Centres UsaCHARITABLE PURPOSES | Phoenix, AZ | $50K | 2023 |
| The Smile TrainCHARITABLE PURPOSES | New York, NY | $50K | 2023 |
| Pratham UsaCHARITABLE PURPOSES | Houston, TX | $50K | 2023 |
| Save The Child FoundationCHARITABLE PURPOSES | Frisco, TX | $40K | 2023 |
| The Gooji FoundationCHARITABLE PURPOSES | Santa Barbara, CA | $20K | 2023 |
| El Shaddai Child RescueCHARITABLE PURPOSES | Westford, PA | $20K | 2023 |
| SightlifeCHARITABLE PURPOSES | Seattle, WA | $20K | 2022 |
| American Friends Of Edelgive FoundationCHARITABLE PURPOSES | New York, NY | $20K | 2021 |
| American India FoundationCHARITABLE PURPOSES | New York, NY | $10K | 2021 |
| St Jude India ChildcareCHARITABLE PURPOSES | Phoenix, AZ | $65K | 2020 |
| Indian For Collective ActionCHARITABLE PURPOSES | Palp Alto, CA | $20K | 2020 |