Friends of Purna Vidya Foundation Inc is a private foundation focused on Education, based in STATEN ISLAND, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15K
+107.7% YoY
Annual Giving
$18K
+600.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$18K
+600.0% YoY
Under IRS private-foundation payout rules, Friends of Purna Vidya Foundation Inc reported a distributable amount of $560 for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of Purna Vidya Foundation Inc
Based on IRS filings
Friends of Purna Vidya Foundation Inc is a private foundation focused on Education, based in STATEN ISLAND, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $18K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,357 | $7,393 | $471 |
| Revenue | $16,558 | $9,958 | $501 |
| Expenses | $17,575 | $3,036 | $30 |
| Qualifying Distributions | $17,500 | $2,500 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $560 | $194 | $21 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purna Vidya Foundation ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PURNA VIDYA FOUNDATION | EDUCATIONAL ACTIVITY | $17,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YOGENDRA PATEL | PRESIDENT | 3 | — |
| DEVENDRA PATEL | SECRETARY | 3 | — |
| SURENDRA PATEL | TRUSTEE | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Purna Vidya Foundation Inc?
Friends of Purna Vidya Foundation Inc is a private foundation focused on Education, based in STATEN ISLAND, NY. It holds $15K in total assets as of 2024.
How large is Friends of Purna Vidya Foundation Inc?
As of 2024, Friends of Purna Vidya Foundation Inc holds $15K in total assets with $17K in annual revenue. It awarded 1 grants totaling $18K in 2024.
What size grants does Friends of Purna Vidya Foundation Inc award?
In 2024, Friends of Purna Vidya Foundation Inc awarded 1 grants totaling $18K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Friends of Purna Vidya Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of Purna Vidya Foundation Inc reported a distributable amount of $560 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Purna Vidya Foundation Inc's EIN?
Friends of Purna Vidya Foundation Inc's EIN (Employer Identification Number) is 87-3733698. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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