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The Narula Foundation Inc. is a private corporation based in WEST ORANGE, NJ. The foundation received its IRS ruling in 2008. The principal officer is Sudarshan K Narula. It holds total assets of $1.9M. Annual income is reported at $54K. Total assets have grown from $753K in 2011 to $1.9M in 2023. 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 2016 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, The Narula Foundation Inc. has made 148 grants totaling $599K, with a median grant of $2K. Annual giving has grown from $69K in 2021 to $234K in 2023. Grantmaking activity was highest in 2022 with $296K distributed across 78 grants. Individual grants have ranged from $200 to $45K, with an average award of $4K. The foundation has supported 56 unique organizations. The foundation primarily supports organizations in New Jersey, New York, California, which account for 76% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$4K
Largest Grant
$50K
Based on 33 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.
The Narula Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 148 grants. Its grantmaking reaches organizations primarily in NJ, NY, CA.
The Narula Foundation Inc. has distributed a total of $599K across 148 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $200 to $45K.
The Narula Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Narula Foundation Inc. is headquartered in WEST ORANGE, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sudarshan K Narula | Trustee | $0 | $0 | N/A |
| Ankush Narula | Trustee | $0 | $0 | N/A |
| Ajay Narula | Trustee | $0 | $0 | N/A |
Total Giving
$268K
Total Assets
$1.9M
Fair Market Value
$2.9M
Net Worth
$1.9M
Grants Paid
$234K
Contributions
$9K
Net Investment Income
$41K
Distribution Amount
$134K
Total Grants
148
Total Giving
$599K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
56
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hackensack University Medical Center FoundationTo supportmedical careand improvement | Hackensack, NJ | $45K | 2023 |
| Cooperman Barnabas Medical Center (Cbmc)To supporthospital care forpeople in need | Livingston, NJ | $34K | 2023 |
| Hmh FoundationTo support freespeech and civilliberties | West Hollywood, CA | $30K | 2023 |
| Paper Mill PlayhouseTo support theperforming arts | Millburn, NJ | $10K | 2023 |
| The Robinhood FoundationTo help fightpoverty | New York, NY | $10K | 2023 |
| Luna StageTo supportlocal theater | West Orange, NJ | $10K | 2023 |
| Community Food Bank Of NjTo supply foodto people inneed | Hillside, NJ | $10K | 2023 |
| Memorial Sloan Kettering Cancer CenterTo supportcancer research | New York, NY | $10K | 2023 |
| Montclair Art MuseumTo support the arts | Montclair, NJ | $6K | 2023 |
| Ekal Vidyalya FoundationTo bring educationand village developmentto rural India | Houston, TX | $5K | 2023 |
| Toni'S KitchenTo supporthunger relief | Montclair, NJ | $5K | 2023 |
| Montclair Film FestivalTo support independentfilm making | Montclair, NJ | $5K | 2023 |
| Givebutter MontclairTo supporteducationalexcellence | Montclair, NJ | $5K | 2023 |
| Planned ParenthoodTo support reproductiverights | Washington, DC | $5K | 2023 |
| Wounded Warrior ProjectTo support warveterans | New York, NY | $5K | 2023 |
| Montclair Kimberley AcademyTo supportchildhood education | Montclair, NJ | $5K | 2023 |
| Ny Public RadioTo supportfree public radio | New York, NY | $5K | 2023 |
| Doctors Without BordersTo supportmedical aidworldwide | New York, NY | $4K | 2023 |
| University Of MichiganTo supporthigher education | Ann Arbor, MI | $3K | 2023 |
| Habitat For HumanityTo buildhousing for the needy | Atlanta, GA | $3K | 2023 |
| Arya Samaji TempleTo supportReligion | Jersey City, NJ | $2K | 2023 |
| Usa For UnichrTo help aid refugees | Washington, DC | $2K | 2023 |
| Verona Rescue SquadTo supportvolunteer emergencysquad | Verona, NJ | $2K | 2023 |
| Feed The ChildrenTo help fight childhood hunger | Matawan, NJ | $2K | 2023 |
| The Metropolitan Museum Of AtTo support theperforming arts | New York, NY | $1K | 2023 |
| Alzheimers AssociationTo support researchto eliminateAlzheimer's disease | New York, NY | $1K | 2023 |
| Human Needs Food PantryTo supply foodto people inneed | Montclair, NJ | $1K | 2023 |
| American Red CrossTo supportpeople in needin emergencies | New York, NY | $1K | 2023 |
| Autism SpeaksTo bring awarenessof autism | Boone, IA | $1K | 2023 |
| AspcaTo support thecare and protection of animals | New York, NY | $1K | 2023 |
| Us Fund For UnicefTo support the children in need | New York, NY | $1K | 2023 |
| Officer Down MemorialTo honor officerskilled in the lineof duty | Washington, DC | $1K | 2023 |
| Shriners Hospital For ChildrenTo support childrenin need | Tampa, FL | $1K | 2023 |
| West Orange Pba Local 25To supportpolice officers | West Orange, NJ | $500 | 2023 |
| A Childhood For ChildrenTo supportchildren in need | Gotha, FL | $500 | 2023 |
| Coalition For The HomelessTo supportthe homelesscommunity | New York, NY | $500 | 2023 |
| St Judes Research HospitalTo support children in need | New York, NY | $500 | 2023 |
| Fiscal Sponsorship AlliesTo supportcharitable giving | Indianapolis, IN | $500 | 2023 |
| WikipediaTo supportpublicinformation | San Francisco, CA | $500 | 2023 |
| West Orange PalTo supportsports programs forunderpriveleged youths | West Orange, NJ | $500 | 2023 |
| West Orange Fire DepartmentTo supportlocalfirefighters | West Orange, NJ | $250 | 2023 |
| Sbmc - Saint Barnabas Medical CenterTo supporthospital care forpeople in need | Livingston, NJ | $15K | 2022 |
| Humc FoundationTo support local medical facility | Hackensack, NJ | $10K | 2022 |