Garipalli Foundation

Private foundation · Grantmaker Colts Neck, NJ EIN: 22-6933049

Garipalli Foundation is a private foundation, 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 grant totaling $23K.

Garipalli Foundation at a glance

In short: Garipalli Foundation gave $23K across 1 grant in 2024 (avg $23K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$23,000
+893.1% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$23,000
+1886.2% vs 2023
Median grant
$23,000
Total assets
$8,569
-5.1% vs 2023
Primary geography
New Jersey (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Garipalli Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Taara Inc: $23KTaara Inc$23K

The largest 2024 recipient was 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+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

PrincetonAmsterdamColts NeckKearnyMonmouth JunctionOak BrookPalisades ParkRiverdaleWoodbridge Twp

How Garipalli Foundation gives

  • Giving grew 2200% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2020 1 grant2021 5 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1K (2020) to $23K (2024). In 2024 it made 1 grant totaling $23K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Taara Inc Palisades Park, NJTo rescue & empower sex-trafiicking survivors to rebuild their lives.$23,000
Your AI grants department

Ready to take the next step with Garipalli Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$8,569$25,000$25,460$23,0001$23,000$474
2023$9,029—$2,376$2,3162$2,316$503
2022$11,405$15,000$9,811$8,7005$8,700$226
2021$6,216$5,000$3,595$1,0001$1,000$301
2020$4,811$5,000$1,000$1,0001—$130

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.

Leadership & Key People

Officers and directors from IRS filings

Garipalli Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lakshmi Garipalli

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Laxmipathi Garipalli

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Garipalli Foundation

How much does Garipalli Foundation give each year?

Garipalli Foundation gave $23K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2K across 2 grants.

How large is Garipalli Foundation?

Garipalli Foundation reported $9K in total assets on its 2024 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $474 (roughly 5% of its investment assets).

Where does Garipalli Foundation operate?

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

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Garipalli Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in New Jersey

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Garipalli Foundation'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.

Garipalli Foundation down — hundreds of funders to go?

Want AI to do this for you?