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Ravi & Lata Hotchandani Foundation Inc. is a private corporation based in POUGHKEEPSIE, NY. The foundation received its IRS ruling in 2011. It holds total assets of $1.3M. Annual income is reported at $122K. Total assets have grown from $398K in 2011 to $1.3M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Ravi & Lata Hotchandani Foundation Inc. has made 16 grants totaling $380K, with a median grant of $7K. Annual giving has grown from $78K in 2020 to $181K in 2022. Individual grants have ranged from $1K to $120K, with an average award of $24K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, California, New Jersey, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ravi & Lata Hotchandani Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, CA, NJ.
Ravi & Lata Hotchandani Foundation Inc. has distributed a total of $380K across 16 grants. The median grant size is $7K, with an average of $24K. Individual grants have ranged from $1K to $120K.
Ravi & Lata Hotchandani Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ravi & Lata Hotchandani Foundation Inc. is headquartered in POUGHKEEPSIE, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lata Hotchandani | DIRECTOR | $0 | $0 | N/A |
| Vishal Hotchandani | DIRECTOR | $0 | $0 | N/A |
| Ravi Hotchandani | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$380K
Average Grant
$24K
Median Grant
$7K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of HvCHARITY | Poughkeepsie, NY | $75K | 2022 |
| Sankara Eye FoundationCHARITY | Milpitas, CA | $10K | 2022 |
| Blue Butterfly FoundationCHARITY | Tillson, NY | $4K | 2022 |
| Dutchess County Pride CenterCHARITY | East Fishhill, NY | $1K | 2022 |
| All For One United We Stand IncCHARITY | Hopewell Junction, NY | $1K | 2022 |
| Hindu SamajCHARITY | Mahwah, NJ | $15K | 2020 |
| American Heart AssociationCHARITY | Dallas, TX | $2K | 2020 |