Bansal Family Corporation
Bansal Family Corporation is a private foundation based in Birmingham, Alabama. In 2025, it reported 11 grants totaling $75,450 to organizations in Alabama, Tennessee, California, and North Carolina.
Bansal Family Corporation at a glance
In short: Bansal Family Corporation gave $75K across 11 grants in 2025 (avg $7K), top state Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,450
- +0.6% vs 2024
- Grants made (2025)
- 11
- +175.0% vs 2024
- Average grant
- $6,859
- -63.4% vs 2024
- Median grant
- $2,200
- Total assets
- $2,025,934
- +0.2% vs 2024
- Primary geography
- Alabama (44% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Bansal Family Corporation
- How to Apply
-
The filing lists Pooran Chand as the contact. It specifies no particular form or materials and states that grants are limited to Section 501(c)(3) organizations, with no grants allocated to related parties.
- Review Cycle
- None stated on the filing.
- Deadline
- None stated on the filing.
- Contact
Application contact: Pooran Chand
Mailing address: 196 Highland View Drive, Birmingham, AL 35242-6847
Phone: (205) 427-0419
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bansal Family Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Lausanne Collegiate School ($25K). Together the top 10 received $75K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports grant dollars by recipient state as Alabama 44%, Tennessee 41%, California 13%, and North Carolina 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
How Bansal Family Corporation gives
- 27% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $75K (2024) to $75K (2025). In 2025 it made 11 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lausanne Collegiate School Memphis, TN | General Use | $25,000 |
| Chelsea High School Chelsea, AL | General Use | $25,000 |
| Ainak Cupertino, CA | General Use | $10,000 |
| Hindi Pathshala of Birmngham Birmingham, AL | General Use | $5,000 |
| Memphis Child Advocacy Memphis, TN | General Use | $3,500 |
| The Hindu Temple of Birmingham Pelham, AL | General Use | $2,200 |
| St Jude Childrens Research Hospital Memphis, TN | General Use | $2,000 |
| City of Chelsea Chelsea, AL | General Charititable Use | $1,000 |
| Rise Against Hunger Raleigh, NC | General Use | $1,000 |
| Lebonheur Childrens Hospital Fdn Memphis, TN | General Use | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,025,934 | $81,351 | $76,745 | $75,450 | 11 | $75,450 | $81,351 | $98,770 |
| 2024 | $2,021,328 | $102,072 | $80,785 | $75,000 | 4 | $75,000 | $102,072 | $98,793 |
| 2023 | $2,000,041 | $2,000,041 | — | — | — | — | $41 | $585 |
Under IRS private-foundation payout rules, Bansal Family Corporation reported a distributable amount of $99K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for education, health care, hunger relief, and community organizations. For example, Lausanne Collegiate School describes its mission as preparing students for college and life in a global environment; St. Jude Children’s Research Hospital describes its mission as advancing cures and prevention for pediatric catastrophic diseases through research and treatment; Rise Against Hunger describes its mission as ending hunger; and McWane Science Center describes its mission as sparking wonder and curiosity in the community. These are the grantees’ own mission statements.
Grantmaking
In filing year 2025, the foundation reported 11 grants totaling $75,450. Grant amounts ranged from $250 to $25,000, with a median of $2,200. Its largest grants were $25,000 each to Lausanne Collegiate School in Memphis, Tennessee, and Chelsea High School in Chelsea, Alabama. Other reported grants included $10,000 to AINAK in Cupertino, California; $5,000 to Hindi Pathshala of Birmingham; $3,500 to Memphis Child Advocacy; and $2,200 to the Hindu Temple of Birmingham.
The foundation’s 2025 filing states that it does not restrict giving to preselected organizations. It lists Pooran Chand as the contact, says there is no specific application form and no deadline, and limits gifts and grants to Section 501(c)(3) organizations. The filing also states that no gifts or grants are allocated to related parties.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Namita Bansal as Director and Pooran Chand as V P.
Bansal Family Corporation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Namita Bansal
Director
On filings since 2023
3 hrs/week
No compensation reported
Pooran Chand
V P
On filings since 2023
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bansal Family Corporation
How much does Bansal Family Corporation give each year?
Bansal Family Corporation gave $75K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 4 grants.
What is Bansal Family Corporation's typical grant size?
Bansal Family Corporation's median grant in 2025 was $2,200, and its average grant was $6,859, across 11 grants on its 2025 IRS Form 990-PF.
Where does Bansal Family Corporation give grants?
Bansal Family Corporation's top state is Alabama, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (41%) and California (13%). The most frequent recipient cities were Memphis, TN (4 grants), Chelsea, AL (2 grants) and Birmingham, AL (2 grants).
Does Bansal Family Corporation give general operating support?
Yes: 100% of Bansal Family Corporation's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Bansal Family Corporation's largest grantees?
Bansal Family Corporation's largest 2025 grantees include Lausanne Collegiate School ($25,000), Chelsea High School ($25,000) and Ainak ($10,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is Bansal Family Corporation?
Bansal Family Corporation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $99K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Bansal Family Corporation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for education, health care, hunger relief, and community organizations. For example, Lausanne Collegiate School describes its mission as preparing students for college and life in a global environment; St. See mission & focus areas ↑
How do I apply for a grant from Bansal Family Corporation?
The filing lists Pooran Chand as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bansal Family Corporation's EIN?
Bansal Family Corporation's EIN (Employer Identification Number) is 93-4733643. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Bansal Family Corporation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Bansal Family Corporation funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/bansal-family-corporation-morg_fd7a6781b0494d4ba248a9e4152024ac
BibTeX
@misc{grantable_934733643_2026,
author = {{Grantable}},
title = {{Bansal Family Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bansal-family-corporation-morg_fd7a6781b0494d4ba248a9e4152024ac},
note = {Accessed 2026-10-07. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bansal Family Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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