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Singhal Family Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is % Foundation Source. It holds total assets of $15.8M. Annual income is reported at $3.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Singhal Family Charitable Foundation has made 6 grants totaling $8.5M, with a median grant of $1.3M. Annual giving has grown from $2.4M in 2020 to $3.5M in 2022. Individual grants have ranged from $1.2M to $1.8M, with an average award of $1.4M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Massachusetts. Contributions to this foundation are tax-deductible.
Singhal Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA, MA.
Singhal Family Charitable Foundation has distributed a total of $8.5M across 6 grants. The median grant size is $1.3M, with an average of $1.4M. Individual grants have ranged from $1.2M to $1.8M.
Singhal Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Singhal Family Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amit Singhal | Pres, Dir, Sec | $0 | $0 | $0 |
| Shilpa Singhal | VP | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$16.2M
Fair Market Value
$30.4M
Net Worth
$15M
Grants Paid
$1.8M
Contributions
$0
Net Investment Income
$173K
Distribution Amount
$1.7M
Total: $5.1M
Total Grants
6
Total Giving
$8.5M
Average Grant
$1.4M
Median Grant
$1.3M
Unique Recipients
2
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sitare FoundationGeneral & Unrestricted (See General Explanation attachment) | Palo Alto, CA | $1.8M | 2022 |
| Fidelity Investments Charitable Gift FundGeneral & Unrestricted (see GENERAL EXPLANATION) | Boston, MA | $1.2M | 2020 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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