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 operates in the area of philanthropy & grantmaking. 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.
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 | $0 |
| Mikhil Patel | TRUSTEE | $0 | $0 | $0 |
| Paresh Patel | TRUSTEE | $0 | $0 | $0 |
Total Giving
$154K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$140K
Contributions
$0
Net Investment Income
$25K
Distribution Amount
$72K
Total: $1.4M
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 |
| Sankara Eye FoundationGRANT FOR EYE SURGERIES IN INDIA | Milpitas, CA | $10K | 2022 |
| Food Bank Of Southern TierFOOD BANK | Elmira, NY | $10K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 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 |
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