Arora Foundation Inc
Arora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwich, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 18 grants totaling $177K. Net investment income was $137K.
Key facts about Arora Foundation Inc
- EIN
- 03-0576552
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $176,966
- Grants made (2024)
- 18
- Average grant
- $9,831
- Median grant
- $5,000
- New grantees (estimate)
- 17% first-time grantees (3 of 18, 2024)
- Total assets
- $2,882,481
- Primary geography
- Connecticut (56% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Arora Foundation Inc funds
By grant dollars, the top recipient states for Arora Foundation Inc's 18 itemized 2024 grants were Connecticut (56%), Massachusetts (14%) and New York (12%). The most frequent recipient cities were New Haven, CT (2 grants), Hartford, CT (2 grants) and Greenwich, CT (2 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Organization" (17 grants).
Is Arora Foundation Inc open to new grantees?
17%
first-time grantees, 2024
In 2024, 3 of 18 grantees (17%) were first-time recipients. First grants averaged $3K; repeat grants $11K. How we count
Medians: $3K first-time, $5K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Arora Foundation Inc
- How to evaluate Arora Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Arora Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+5.4% YoY
Annual Giving
$177K
+16.9% YoY
Grant Count
18
-30.8% YoY
Avg Grant Size
$10K
+68.9% YoY
Under IRS private-foundation payout rules, Arora Foundation Inc reported a distributable amount of $189K for 2024 — the minimum it must pay out in qualifying distributions.
About Arora Foundation Inc
Based on IRS filings
Arora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwich, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 18 grants totaling $177K. Net investment income was $137K.
Focus Areas
Ready to take the next step with Arora Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,882,481 | $2,734,648 | $2,663,840 |
| Revenue | $137,446 | $78,860 | $70,155 |
| Expenses | $194,880 | $163,053 | $152,189 |
| Qualifying Distributions | $176,966 | $151,362 | $133,679 |
| Net Investment Income | $137,446 | $124,999 | $74,892 |
| Distributable Amount | $188,815 | $164,130 | $158,230 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Yale University ($50,000), Guru Tegh Bahadur Foundation ($31,200), Harvard University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Yale University New Haven, CT | CHARITABLE ORGANIZATION | $50,000 |
| Guru Tegh Bahadur Foundation Norwalk, CT | CHARITABLE ORGANIZATION | $31,200 |
| HARVARD UNIVERSITY Cambridge, MA | CHARITABLE ORGANIZATION | $25,000 |
| University of Texas Austin, TX | CHARITABLE ORGANIZATION | $15,000 |
| RYE COUNTRY DAY SCHOOL Rye, NY | CHARITABLE CONTRIBUTION | $12,500 |
| INDIA CULTURAL CENTER OF GREENWICH Bedford Hills, NY | CHARITABLE ORGANIZATION | $7,500 |
| Women on Execs Board Oklahoma City, OK | CHARITABLE ORGANIZATION | $7,032 |
| Citizens Policy Forum Greenwich, CT | CHARITABLE ORGANIZATION | $5,000 |
| CT MIRROR Hartford, CT | CHARITABLE ORGANIZATION | $5,000 |
| CT Museum Hartford, CT | CHARITABLE ORGANIZATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Harpreet Arora | President | — | — |
| Nisha Arora | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Arora Foundation Inc?
Arora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwich, CT. It holds $2.9M in total assets as of 2024.
How large is Arora Foundation Inc?
As of 2024, Arora Foundation Inc holds $2.9M in total assets with $137K in annual revenue. It awarded 18 grants totaling $177K in 2024.
Where does Arora Foundation Inc operate?
Arora Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Iowa, Indiana, Massachusetts, Maryland, New Jersey, New York, Oklahoma, Texas.
What size grants does Arora Foundation Inc award?
In 2024, Arora Foundation Inc awarded 18 grants totaling $177K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Arora Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Arora Foundation Inc reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Arora Foundation Inc's EIN?
Arora Foundation Inc's EIN (Employer Identification Number) is 03-0576552. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Arora Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Fairfield County's Community Foundation
Norwalk, CT
Assets
$291.4M
Grants
448
Total Given
$25.7M
Synchrony Foundation
Stamford, CT
Assets
$72.3M
Grants
394
Total Given
$20.5M
Viking Global Foundation Inc
Stamford, CT
Assets
$7.1M
Grants
423
Total Given
$3.6M
Ge Aerospace Foundation
Norwalk, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
American Savings Foundation Inc
New Britain, CT
Assets
$98.1M
Grants
636
Total Given
$3.2M
Hartford Foundation for Public Giving
Hartford, CT
Assets
$1.2B
Grants
613
Total Given
$51.5M
Eversource Energy Foundation Inc
Hartford, CT
Assets
$12.5M
Grants
606
Total Given
$6.2M
The Community Foundation for Greater New
New Haven, CT
Assets
$627.4M
Grants
505
Total Given
$23.4M
Women's Business Development Council
Stamford, CT
Assets
$12.5M
Grants
470
Total Given
$8.6M
Ion Bank Foundation Inc
Naugatuck, CT
Assets
$14.8M
Grants
408
Total Given
$991K
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in Connecticut
Data last updated September 2026. Sourced from IRS Form 990-PF filings.