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Patel Foundation Inc. is a private corporation based in JACKSON HTS, NY. The foundation received its IRS ruling in 2002. The principal officer is % Patel Brothers. It holds total assets of $16K. Annual income is reported at $70K. The foundation operates in the area of international. According to available records, Patel Foundation Inc. has made 6 grants totaling $60K, with a median grant of $5K. Annual giving has grown from $4K in 2021 to $10K in 2023. Grantmaking activity was highest in 2022 with $46K distributed across 2 grants. Individual grants have ranged from $2K to $23K, with an average award of $10K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Tennessee and New Jersey. Contributions to this foundation are tax-deductible.
Patel Foundation Inc. primarily funds organizations in the area of international. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, TN, NJ.
Patel Foundation Inc. has distributed a total of $60K across 6 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $2K to $23K.
Patel Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (113559705) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Patel Foundation Inc. is headquartered in JACKSON HTS, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deep Patel | SECRETARY | $0 | $0 | $0 |
| Hiran M Patel | TREASURER | $0 | $0 | $0 |
| Mahendra Patel | PRESIDENT | $0 | $0 | $0 |
Total Giving
$11K
Total Assets
$58K
Fair Market Value
$58K
Net Worth
$57K
Grants Paid
$10K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$0
Total Grants
6
Total Giving
$60K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Jude Children HospitalDONATION | Memphis, TN | $5K | 2023 |
| Doctors Without BoardersDONATION | New York, NY | $5K | 2023 |
| New York Presbyterian Office Of DevDONATION | New York, NY | $23K | 2022 |
| Spread The Joy FoundationDONATION | Princeton, NJ | $2K | 2021 |
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