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Also known as: FOUNDATION INC
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Vallavbhai And Savitaben Patel Foundation Inc. is a private corporation based in MONTVALE, NJ. The foundation received its IRS ruling in 2000. The principal officer is Yashvant V Patel. It holds total assets of $7.3M. Annual income is reported at $7.2M. Total assets have grown from $6.1M in 2011 to $8.9M 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. Funding is distributed across 6 states, including New York, New Jersey, Illinois. According to available records, Vallavbhai And Savitaben Patel Foundation Inc. has made 33 grants totaling $910K, with a median grant of $7K. The foundation has distributed between $453K and $457K annually from 2022 to 2023. Individual grants have ranged from $501 to $235K, with an average award of $28K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New Jersey, California, New York, which account for 76% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$13K
Average Grant
$38K
Largest Grant
$200K
Based on 10 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.
Vallavbhai And Savitaben Patel Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in NJ, CA, NY.
Vallavbhai And Savitaben Patel Foundation Inc. has distributed a total of $910K across 33 grants. The median grant size is $7K, with an average of $28K. Individual grants have ranged from $501 to $235K.
Vallavbhai And Savitaben Patel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Vallavbhai And Savitaben Patel Foundation Inc. is headquartered in MONTVALE, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kiran Patel | TRUSTEE | $0 | $0 | N/A |
| Paresh Patel | TRUSTEE | $0 | $0 | N/A |
| Yashvant Patel | TRUSTEE | $0 | $0 | N/A |
Total Giving
$481K
Total Assets
$8.9M
Fair Market Value
$8.9M
Net Worth
$8.7M
Grants Paid
$406K
Contributions
N/A
Net Investment Income
$174K
Distribution Amount
$411K
Total: $8.2M
Total Grants
33
Total Giving
$910K
Average Grant
$28K
Median Grant
$7K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share & Care FoundationEDUCATION & HEALTH SUPPORT FOR CHILDREN IN INDIAEDUCATION & HEALTH SUPPORT FOR CHILDREN IN INDIA | Paramus, NJ | $5K | 2022 |
| Baps Endowment IncCONSTRUCTION OF TEMPLE COMPLEX | Windsor, NJ | $206K | 2023 |
| Sankara Eye FoundationBUILDING EYE HOSPITAL IN INDIA | Milpitas, CA | $85K | 2023 |
| Manu FoundationBUILDING CLASSROOMS IN RUEAL ZAMBIA | Irvine, CA | $50K | 2023 |
| The Smile TrainSURGERY ON CHILDREN WITH CLEFT LIPS, WORLDWIDE | New York, NY | $15K | 2023 |
| Spark VenturesSCHOLARSHIPS FOR 72 STUDENTS IN HOPE SCHOOL,NDOLA,ZAMBIA | Chicago, IL | $13K | 2023 |
| Anekant Community CenterFUNDING TOWARDS REPLACEMENT OF AN AIRCRAFT ENGINE USED FOR MEDICAL MISSIONS IN ZAMBIA | Rancho Santa Margarita, CA | $10K | 2023 |
| Zambia'S Scholarship FundPURCHASE OF SOLAR PANELS AT KASAMA ORPHANAGE, ZAMBIA | Brigham City, UT | $10K | 2023 |
| 14 Plus Foundation IncSCHOOL SUPPLIES FOR CHIPAKATA CHILDREN'S ACADEMY, ZAMBIA | New York, NY | $5K | 2023 |
| Homes For Our TroopsBUILD HOMES FOR SEVERELY INJURED SERVICEMEN & WOMEN OF THE US ARMED FORCES | Taunton, MA | $5K | 2023 |
| Injured Marine Semper Fi FundPROVIDE FINANCIAL SUPPORT FOR INJURED & CRITICALLY ILL MEMBERS OF THE US ARMED FORCES & THEIR FAMILIES | Oceanside, CA | $5K | 2023 |
| Masomo Education FoundationSCHOLARSHIPS FOR STUDENTS IN ZAMBIA | Ottawa | $5K | 2023 |
| OrbisMEDICAL SUPPLIES FOR PEDIATRIC HOSPITAL IN KITWE ZAMBIA | New York, NY | $5K | 2023 |
| New Eyes For The NeedyPRESCRIPTION GLASSES FOR FINANCIALLY STRUGGLING CHILDREN & ADULTS | Short Hills, NJ | $3K | 2023 |
| Shiva Shakti CenterRELIGIOUS ACTIVITIES | Garfield, NJ | $501 | 2023 |
| BapsCONSTRUCTION OF A RELIGIOUS CENTER ROBBINSVILLE NJ | Piscataway, NJ | $235K | 2022 |
| Save The ChildrenUKRAINE CRISIS RELIEF AND FIGHTING CHOLERA IN SYRIA | Fairfield, CT | $10K | 2022 |
| Global Alliance Of ZambianMEDICAL EQUIPMENT FOR CANCER DISEASES | Westampton, NJ | $1K | 2022 |