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Sodhani Foundation Inc. is a private corporation based in SOMERSET, NJ. The foundation received its IRS ruling in 2000. It holds total assets of $8.9M. Annual income is reported at $2.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sodhani Foundation Inc. has made 63 grants totaling $482K, with a median grant of $1K. Annual giving has grown from $55K in 2022 to $427K in 2023. Individual grants have ranged from $100 to $172K, with an average award of $8K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New Jersey, New York, California, which account for 63% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Sodhani Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in NJ, NY, CA.
Sodhani Foundation Inc. has distributed a total of $482K across 63 grants. The median grant size is $1K, with an average of $8K. Individual grants have ranged from $100 to $172K.
Sodhani Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sodhani Foundation Inc. is headquartered in SOMERSET, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ramkunwar Sodhani | SECRETARY | $0 | $0 | $0 |
| Vimal Sodhani | PRESIDENT/VI | $0 | $0 | $0 |
Total Giving
$227K
Total Assets
$7.9M
Fair Market Value
$5.5M
Net Worth
$7.9M
Grants Paid
$214K
Contributions
$431K
Net Investment Income
$130K
Distribution Amount
$318K
Total: $7.2M
Total Grants
63
Total Giving
$482K
Average Grant
$8K
Median Grant
$1K
Unique Recipients
28
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| AlsCHARITABLE | Arlington, VA | $201 | 2023 |
| Prayog Arts & CultureCHARITABLE | Edison, NJ | $500 | 2022 |
| Foundation For Morristown Medical CCHARITABLE | Morristown, NJ | $172K | 2023 |
| Rutgers UniversityCHARITABLE | New Brunswick, NJ | $13K | 2023 |
| Franklin Township Board Of EdCHARITABLE |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Somerset, NJ |
| $10K |
| 2023 |
| India Youth FundCHARITABLE | New York, NY | $4K | 2023 |
| Sanskar Tirth Kelavani MandalCHARITABLE | Warren, NJ | $3K | 2023 |
| Yogi Divine SocietyCHARITABLE | Lake Hiawatha, NJ | $2K | 2023 |
| Employment Horizons IncCHARITABLE | Cedar Knolls, NJ | $2K | 2023 |
| Vedic Samaj Nj IncCHARITABLE | Warren, NJ | $1K | 2023 |
| Ekal Vidyalaya Foundation UsaCHARITABLE | Houstron, TX | $1K | 2023 |
| Param Shakti Peeth Of AmericaCHARITABLE | Rancho Palos Verdes, CA | $1K | 2023 |
| Krishna Bhakti Seva SanghCHARITABLE | St Paul, MN | $1K | 2023 |
| Arsha-Vidya-PithamCHARITABLE | Saylorsburg, PA | $1K | 2023 |
| HmecCHARITABLE | Bend, OR | $700 | 2023 |
| Support A ChildCHARITABLE | Federal Way, WA | $500 | 2023 |
| Franklin Food BankCHARITABLE | Somerset, NJ | $251 | 2023 |
| Bharat Sevashram SanghCHARITABLE | Brea, CA | $251 | 2023 |
| Women'S Rehab GroupCHARITABLE | Scotch Plains, NJ | $251 | 2023 |
| SrcfCHARITABLE | Rockaway, NJ | $201 | 2023 |
| BapsCHARITABLE | Boyton Beach, FL | $101 | 2023 |
| ManaviCHARTABLE | New Brunswick, NJ | $100 | 2023 |
| Tribal Educational Rural DevelopmenCHARITABLE | Marlboro, NJ | $2K | 2022 |
| Hindu University Of AmericaCHARITABLE | Orlando, FL | $1K | 2022 |
| Franklin Pto Presients CouncilCHARTABLE | Somerset, NJ | $1K | 2022 |
| Mlpi FoundationCHARITABLE | Atlanta, GA | $500 | 2022 |
| Arsha Bodha CenterCHARITABLE | Somerset, NJ | $101 | 2022 |
| The Breakfast RevolutionCHARITABLE | Boston, MA | $101 | 2022 |
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