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Raina K Patel Foundation is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 1995. The principal officer is % Kirit C Patel. It holds total assets of $2.7M. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Raina K Patel Foundation has made 10 grants totaling $198K, with a median grant of $25K. Annual giving has decreased from $60K in 2020 to $27K in 2023. Grantmaking activity was highest in 2022 with $101K distributed across 6 grants. Individual grants have ranged from $250 to $60K, with an average award of $20K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in District of Columbia and Michigan. Contributions to this foundation are tax-deductible.
Raina K Patel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in DC, MI.
Raina K Patel Foundation has distributed a total of $198K across 10 grants. The median grant size is $25K, with an average of $20K. Individual grants have ranged from $250 to $60K.
Raina K Patel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Raina K Patel Foundation is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raina K Patel | MANAGER | $40K | $0 | $40K |
| Kirit C Patel | PRES/TREAS | $0 | $0 | $0 |
| Malti K Patel | SECRETARY | $0 | $0 | $0 |
Total Giving
$89K
Total Assets
$1.5M
Fair Market Value
$1.4M
Net Worth
$1.5M
Grants Paid
$27K
Contributions
$0
Net Investment Income
$35K
Distribution Amount
$69K
Total: $1.1M
Total Grants
10
Total Giving
$198K
Average Grant
$20K
Median Grant
$25K
Unique Recipients
6
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sevak FoundationCHARITABLE & COMMUNITY SERVICES | Banda | $25K | 2022 |
| Satyagraha FoundationCHARITABLE & COMMUNITY SERVICES | Chennai | $10K | 2021 |
| Rotary Eye InstituteCHARITABLE & COMMUNITY SERVICES | Dudhia Talav | $25K | 2023 |
| MapiCHARITABLE & COMMUNITY SERVICESCHARITABLE & COMMUNITY SERVICES | Lathrup Village, MI | $2K | 2023 |
| Impact Guru FoundationCHARITABLE & COMMUNITY SERVICESCHARITABLE & COMMUNITY SERVICES |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Mumbai |
| $250 |
| 2022 |
| World Food Program UsaCHARITABLE & COMMUNITY SERVICES | Washigton, DC | $60K | 2020 |
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