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Sarokhan Family Foundation Inc. is a private corporation based in BASKING RIDGE, NJ. The foundation received its IRS ruling in 2018. The principal officer is Alan Sarokhan. It holds total assets of $163K. Annual income is reported at $7K. Total assets have decreased from $208K in 2019 to $164K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in New Jersey, Massachusetts and New York. According to available records, Sarokhan Family Foundation Inc. has made 33 grants totaling $41K, with a median grant of $500. The foundation has distributed between $13K and $14K annually from 2020 to 2023. Individual grants have ranged from $250 to $5K, with an average award of $1K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Massachusetts, New Jersey, New York, which account for 79% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$500
Average Grant
$1K
Largest Grant
$5K
Based on 12 grants from the most recent 990-PF filing.
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.
Sarokhan Family Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MA, NJ, NY.
Sarokhan Family Foundation Inc. has distributed a total of $41K across 33 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from $250 to $5K.
Sarokhan Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sarokhan Family Foundation Inc. is headquartered in BASKING RIDGE, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Sarokhan | Vice President | $0 | $0 | N/A |
| Alan Sarokhan | President | $0 | $0 | N/A |
| Joseph Sarokhan | Treasurer | $0 | $0 | N/A |
| Emily Sarokhan | Co-Secretary | $0 | $0 | N/A |
| Alison Sarokhan | Co-Secretary | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$164K
Fair Market Value
N/A
Net Worth
$164K
Grants Paid
$14K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$8K
Total Grants
33
Total Giving
$41K
Average Grant
$1K
Median Grant
$500
Unique Recipients
14
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Medical SchoolGeneral Operations | Cambridge, MA | $5K | 2023 |
| King Baudouin Foundation United StaGeneral Operations | New York, NY | $3K | 2023 |
| Diocese Of MetuchenGeneral Operations | Metuchen, NJ | $2K | 2023 |
| Holy Family Hospital Of Bethlehem FGeneral Operations | Washington, DC | $1K | 2023 |
| St Judes Children'S Research HospitGeneral Operations | Memphis, TN | $1K | 2023 |
| Brigham And Women'S Hospital FdnGeneral Operations | Boston, MA | $500 | 2023 |
| Community Foodbank Of NjGeneral Operations | Hillside, NJ | $500 | 2023 |
| Stephen Siller Tunnel To Towers FdnGeneral Operations | Staten Island, NY | $500 | 2023 |
| Catholic Relief ServicesGeneral Operations | Baltimore, MD | $500 | 2023 |
| Triad Arts EnsembleGeneral Operations | Maplewood, NJ | $500 | 2023 |
| Market Street MissionGeneral Operations | Morristown, NJ | $500 | 2022 |
| Rutgers Univ FdnGeneral Operations | New Brunswick, NJ | $500 | 2022 |
| Church Of St JamesGeneral Operatrio | Basking Ridge, NJ | $500 | 2020 |
| Michael J Fox FoundationGeneral Operations | New York, NY | $250 | 2020 |