D R Desai Family Foundation

PHILADELPHIA, PA EIN: 88-3228352

D R Desai Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $57K. Net investment income was $65K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+0.5% YoY

Annual Giving

$57K

+540.5% YoY

Grant Count

+400.0% YoY

Avg Grant Size

$11K

+28.1% YoY

Under IRS private-foundation payout rules, D R Desai Family Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.

About D R Desai Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $44K (67%)

New Jersey $10K (15%)

Texas $10K (15%)

Illinois $2K (3%)

States

California Illinois New Jersey Texas

Cities

CupertinoEvanstonHoustonMoorestownSanta Monica

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,280,509	$1,273,513	$1,254,750
Revenue	$65,179	$59,808	$1,254,750
Expenses	$58,174	$41,045	—
Qualifying Distributions	$57,000	$8,899	—
Net Investment Income	$64,895	$59,712	$1,112,207
Distributable Amount	$55,329	$56,243	$8,899

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Santa Monica Rotary Foundation ($25,000), Iit Bombay Heritage Foundation ($10,000), Moorestown Friends School ($10,000).

Recipient	Purpose	Amount
IIT BOMBAY HERITAGE FOUNDATION CUPERTINO, CA	UNRESTRICTED	$10,000
MOORESTOWN FRIENDS SCHOOL MOORESTOWN, NJ	UNRESTRICTED	$10,000
PRATHAM USA HOUSTON, TX	UNRESTRICTED	$10,000
SANTA MONICA ROTARY FOUNDATION SANTA MONICA, CA	UNRESTRICTED	$25,000
ASPIRITECH NFP EVANSTON, IL	UNRESTRICTED	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SUNIL MISRA	PRESIDENT	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is D R Desai Family Foundation?

D R Desai Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $1.3M in total assets as of 2024.

How large is D R Desai Family Foundation?

As of 2024, D R Desai Family Foundation holds $1.3M in total assets with $65K in annual revenue. It awarded 5 grants totaling $57K in 2024.

Where does D R Desai Family Foundation operate?

D R Desai Family Foundation has awarded grants in California, Illinois, New Jersey, Texas.

What size grants does D R Desai Family Foundation award?

In 2024, D R Desai Family Foundation awarded 5 grants totaling $57K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is D R Desai Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, D R Desai Family Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.