Baru and Prem Goyal Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $522K in total assets. In 2024, it awarded 5 grants totaling $26K.
Key facts about Baru and Prem Goyal Foundation
- EIN
- 85-3519544
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $26,318
- Grants made (2024)
- 5
- Average grant
- $5,264
- Median grant
- $4,344
- Total assets
- $521,777
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Baru and Prem Goyal Foundation funds
By grant dollars, the top recipient states for Baru and Prem Goyal Foundation's 5 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Houston, TX (5 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Religiouscharity" (3 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$522K
+162.7% YoY
Annual Giving
$26K
+14.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$5K
+14.5% YoY
Under IRS private-foundation payout rules, Baru and Prem Goyal Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About Baru and Prem Goyal Foundation
Based on IRS filings
Baru and Prem Goyal Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $522K in total assets. In 2024, it awarded 5 grants totaling $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $521,777 | $198,633 | $210,776 |
| Revenue | $357,028 | $739 | $684 |
| Expenses | $33,884 | $22,982 | $52,355 |
| Qualifying Distributions | $33,884 | $22,882 | $52,355 |
| Net Investment Income | — | $739 | $684 |
| Distributable Amount | $43,192 | $29,689 | $10,791 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Hindu Worship Society ($14,352 across 2 grants), Ut Md Anderson ($8,100), Ekal Vidyalay ($3,650).
| Recipient | Purpose | Amount |
|---|---|---|
| HINDU WORSHIP SOCIETY Houston, TX | RELIGIOUSCHARITY | $10,008 |
| UT MD ANDERSON Houston, TX | HOSPITALCHARITY | $8,100 |
| HINDU WORSHIP SOCIETY Houston, TX | RELIGIOUSCHARITY | $4,344 |
| EKAL VIDYALAY Houston, TX | SOCIALCHARITABLE | $3,650 |
| ISKCON Houston, TX | RELIGIOUSCHARITY | $216 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARU GOYAL DIRECTOR | PRESIDENT | — | — |
| PREM GOYAL DIRECTOR | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Baru and Prem Goyal Foundation?
Baru and Prem Goyal Foundation is a private foundation focused on Human Services, based in HOUSTON, TX. It holds $522K in total assets as of 2024.
How large is Baru and Prem Goyal Foundation?
As of 2024, Baru and Prem Goyal Foundation holds $522K in total assets with $357K in annual revenue. It awarded 5 grants totaling $26K in 2024.
Where does Baru and Prem Goyal Foundation operate?
Baru and Prem Goyal Foundation has awarded grants in New Jersey, Texas.
What size grants does Baru and Prem Goyal Foundation award?
In 2024, Baru and Prem Goyal Foundation awarded 5 grants totaling $26K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Baru and Prem Goyal Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Baru and Prem Goyal Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Baru and Prem Goyal Foundation's EIN?
Baru and Prem Goyal Foundation's EIN (Employer Identification Number) is 85-3519544. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Baru and Prem Goyal Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.