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Vedant P Patel Foundation Inc. is a private corporation based in RIVIERA BEACH, FL. The foundation received its IRS ruling in 2008. It holds total assets of $1.3M. Annual income is reported at $1.2M. 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 2024. Funding is distributed across 4 states, including New Jersey, Massachusetts, New York. According to available records, Vedant P Patel Foundation Inc. has made 12 grants totaling $167K, with a median grant of $10K. Annual giving has grown from $73K in 2021 to $94K in 2022. Individual grants have ranged from $2K to $37K, with an average award of $14K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New Jersey, New York, California, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$15K
Based on 6 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.
Vedant P Patel Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ, NY, CA.
Vedant P Patel Foundation Inc. has distributed a total of $167K across 12 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $2K to $37K.
Vedant P Patel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Vedant P Patel Foundation Inc. is headquartered in RIVIERA BEACH, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prashant Patel | TRUSTEE | $0 | $0 | N/A |
| Mikhil Patel | TRUSTEE | $0 | $0 | N/A |
| Paresh Patel | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$167K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| BapsCONSTRUCTION OF A RELIGIOUS CENTERROBBINSVILLE NJ | Piscataway, NJ | $37K | 2022 |
| Covenant House Of New JerseyCARING FOR HOMELESS ADOLESCENTS | Newark, NJ | $20K | 2022 |
| Community Food Bank Of New JerseyFOOD BANK | Hillside, NJ | $15K | 2022 |
| Food Bank Of Southern TierFOOD BANK | Elmira, NY | $10K | 2022 |
| Sankara Eye FoundationGRANT FOR EYE SURGERIES IN INDIA | Milpitas, CA | $10K | 2022 |
| Loggerhead Marinelife Center IncCONSERVATION OF OCEAN ECOSYSTEMS | Juno Beach, FL | $2K | 2022 |
| Akshaya Patra Foundation (Usa)FEED SCHOOLCHILDREN IN VADODARA, GUJARAT, INDIA SCHOOL DISTRICT | Stoneham, MA | $5K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL