Alpa & Alpesh Chokshi Family Foundation

SHORT HILLS, NJ EIN: 81-4572486

Alpa & Alpesh Chokshi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $331K in total assets. In 2024, it awarded 14 grants totaling $41K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$331K

-26.5% YoY

Annual Giving

$41K

+107.6% YoY

Grant Count

14

+180.0% YoY

Avg Grant Size

$3K

-25.9% YoY

Under IRS private-foundation payout rules, Alpa & Alpesh Chokshi Family Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.

About Alpa & Alpesh Chokshi Family Foundation

Based on IRS filings

Alpa & Alpesh Chokshi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $331K in total assets. In 2024, it awarded 14 grants totaling $41K. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

DallasEast RockawayFremontGilbertHoustonKennesawMilpitasNew HavenNew YorkPhiladelphiaSchuylkill HavenShort HillsSt PetersburgSummitSunnyvaleWashingtonWestfieldWestportWynnewood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$54K$72K20202021202220232024
Metric202420232022
Total Assets$330,959$450,377$443,842
Revenue$20,737$32,924$55,356
Expenses$43,666$26,389$65,189
Qualifying Distributions$42,671$25,922$64,749
Net Investment Income$20,737$32,346$54,778
Distributable Amount$56,519$48,943$33,633

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$43K$57K5 grants20204 grants20216 grants20225 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UPENN$30KPRATHAM USA$5KINDO AMERICAN ARTS COUNCIL$4KGIFT OF VISION$1KWOMEN'S WORLD BANK$500VRAJ HINDU TEMPLE$452SAGE ELDERCARE$206WESTPORT VOLUNTEER EMS$151ASIAN CHAMBER OF COMMERCE$100ALEX'S LEMONADE STAND$50

Grant Size Distribution

34 grants across all recorded years

33<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Upenn ($30,000), Pratham Usa ($5,000), Indo American Arts Council ($3,700).

RecipientPurposeAmount
SAGE ELDERCARE SUMMIT, NJGENERAL PURPOSE$206
ASIAN CHAMBER OF COMMERCE PHILADELPHIA, PAGENERAL PURPOSE$100
UPENN PHILADELPHIA, PAGENERAL PURPOSE$30,000
LITTLE ST NICK FOUNDATION EAST ROCKAWAY, NYGENERAL PURPOSE$26
NYC HALF NEW YORK, NYGENERAL PURPOSE$27
ALEX'S LEMONADE STAND WYNNEWOOD, PAGENERAL PURPOSE$50
VRAJ HINDU TEMPLE SCHUYLKILL HAVEN, PAGENERAL PURPOSE$452
PRATHAM USA HOUSTON, TXGENERAL PURPOSE$5,000
WOMEN'S WORLD BANK NEW YORK, NYGENERAL PURPOSE$500
NEW EYES FOR THE NEEDY SHORT HILLS, NJGENERAL PURPOSE$10

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALPA CHOKSHITRUSTEE5
ALPESH CHOKSHITRUSTEE5
KIRAN CHOKSHITRUSTEE5
ALISA CHOKSHITRUSTEE5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Alpa & Alpesh Chokshi Family Foundation?

Alpa & Alpesh Chokshi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. It holds $331K in total assets as of 2024.

How large is Alpa & Alpesh Chokshi Family Foundation?

As of 2024, Alpa & Alpesh Chokshi Family Foundation holds $331K in total assets with $21K in annual revenue. It awarded 14 grants totaling $41K in 2024.

Where does Alpa & Alpesh Chokshi Family Foundation operate?

Alpa & Alpesh Chokshi Family Foundation has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, New Jersey, New York, Pennsylvania, Texas.

What size grants does Alpa & Alpesh Chokshi Family Foundation award?

In 2024, Alpa & Alpesh Chokshi Family Foundation awarded 14 grants totaling $41K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Alpa & Alpesh Chokshi Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alpa & Alpesh Chokshi Family Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alpa & Alpesh Chokshi Family Foundation's EIN?

Alpa & Alpesh Chokshi Family Foundation's EIN (Employer Identification Number) is 81-4572486. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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