Goyal Family Charitable Foundation
Goyal Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NATICK, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 12 grants totaling $63K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+23.1% YoY
Annual Giving
$63K
-5.1% YoY
Grant Count
12
+33.3% YoY
Avg Grant Size
$5K
-28.8% YoY
Under IRS private-foundation payout rules, Goyal Family Charitable Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Goyal Family Charitable Foundation
Based on IRS filings
Goyal Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NATICK, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 12 grants totaling $63K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,791,721 | $1,455,323 | $1,066,478 |
| Revenue | $148,582 | $24,400 | $20,703 |
| Expenses | $67,741 | $76,281 | $69,248 |
| Qualifying Distributions | $63,000 | $66,393 | $65,420 |
| Net Investment Income | $44,476 | $14,512 | $16,875 |
| Distributable Amount | $81,065 | $62,463 | $60,469 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indian Medical Social ($42,000), American Physiology Society ($5,000), American Pancreatic Association ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SARVA DEV MANDIR OXFORD, MA | RELIGIOUS | $1,000 |
| Ramakrishna Vedanta Society of Mass BOSTON, MA | RELIGIOUS | $1,000 |
| GLOBALCURESORG NEWTON, MA | MEDICAL CARE | $1,000 |
| NATICK SERVICE COUNCIL INC NATICK, MA | COMMUNITY SUPPORT | $300 |
| Hindi Manch LEXINGTON, MA | EDUCATIONAL | $500 |
| Boston Cardiac Foundation Melrose, MA | EDUCATIONAL | $1,000 |
| American Physiology Society ROCKVILLE, MD | EDUCATIONAL | $5,000 |
| American Pancreatic Association PRAIRIE VILLAGE, KS | EDUCATIONAL | $5,000 |
| BAYLOR COLLEGE OF MEDICINE HOUSTON, TX | EDUCATIONAL | $1,000 |
| SALVATION ARMY OF MASS BOSTON, MA | EDUCATIONAL | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAJ K GOYAL | President | — | — |
| RAJ K GOYAL | Treasurer | — | — |
| RAJ K GOYAL | Director | — | — |
| PREM GOYAL | Director | — | — |
| ANISH GOYAL | Treasurer | — | — |
| SUNITA GOYAL | Treasurer | — | — |
| AMAR GUPTA | Secretary | — | — |
| JAG BHAWAN | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Goyal Family Charitable Foundation?
Goyal Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NATICK, MA. It holds $1.8M in total assets as of 2024.
How large is Goyal Family Charitable Foundation?
As of 2024, Goyal Family Charitable Foundation holds $1.8M in total assets with $149K in annual revenue. It awarded 12 grants totaling $63K in 2024.
Where does Goyal Family Charitable Foundation operate?
Goyal Family Charitable Foundation has awarded grants in California, Illinois, Kansas, Massachusetts, Maryland, Texas.
What size grants does Goyal Family Charitable Foundation award?
In 2024, Goyal Family Charitable Foundation awarded 12 grants totaling $63K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Goyal Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Goyal Family Charitable Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Goyal Family Charitable Foundation's EIN?
Goyal Family Charitable Foundation's EIN (Employer Identification Number) is 04-3495952. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Goyal Family Charitable 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.
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