Garipalli Foundation

COLTS NECK, NJ EIN: 22-6933049

Garipalli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLTS NECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 1 grants totaling $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9K

-5.1% YoY

Annual Giving

$23K

+893.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$23K

+1886.2% YoY

Under IRS private-foundation payout rules, Garipalli Foundation reported a distributable amount of $474 for 2024 — the minimum it must pay out in qualifying distributions.

About Garipalli Foundation

Based on IRS filings

Garipalli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLTS NECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 1 grants totaling $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AmsterdamColts NeckKearnyMonmouth JunctionOak BrookPalisades ParkPrincetonRiverdaleWoodbridge Twp

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K20202021202220232024
Metric202420232022
Total Assets$8,569$9,029$11,405
Revenue$25,000$15,000
Expenses$25,460$2,376$9,811
Qualifying Distributions$23,000$2,316$8,700
Net Investment Income
Distributable Amount$474$503$226

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K1 grants20201 grants20215 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

TAARA INC$23K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Taara Inc ($23,000).

RecipientPurposeAmount
TAARA INC PALISADES PARK, NJTO RESCUE & EMPOWER SEX-TRAFIICKING SURVIVORS TO REBUILD THEIR LIVES.$23,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LAXMIPATHI GARIPALLITRUSTEE1
LAKSHMI GARIPALLITRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Garipalli Foundation?

Garipalli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLTS NECK, NJ. It holds $9K in total assets as of 2024.

How large is Garipalli Foundation?

As of 2024, Garipalli Foundation holds $9K in total assets with $25K in annual revenue. It awarded 1 grants totaling $23K in 2024.

Where does Garipalli Foundation operate?

Garipalli Foundation has awarded grants in Illinois, Maryland, New Jersey, New York.

What size grants does Garipalli Foundation award?

In 2024, Garipalli Foundation awarded 1 grants totaling $23K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Garipalli Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Garipalli Foundation reported a distributable amount of $474 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Garipalli Foundation's EIN?

Garipalli Foundation's EIN (Employer Identification Number) is 22-6933049. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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