Goyal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITESTONE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $383K in total assets. In 2024, it awarded 10 grants totaling $23K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$383K
-0.8% YoY
Annual Giving
$23K
+131.6% YoY
Grant Count
10
+66.7% YoY
Avg Grant Size
$2K
+39.0% YoY
Under IRS private-foundation payout rules, Goyal Family Foundation Inc reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Goyal Family Foundation Inc
Based on IRS filings
Goyal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITESTONE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $383K in total assets. In 2024, it awarded 10 grants totaling $23K. Net investment income was $21K.
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 | $383,029 | $386,269 | $376,157 |
| Revenue | $21,281 | $21,450 | $15,218 |
| Expenses | $24,517 | $11,331 | $9,997 |
| Qualifying Distributions | $24,230 | $11,086 | $1,948 |
| Net Investment Income | $21,267 | $21,450 | $15,218 |
| Distributable Amount | $40,030 | $38,535 | $32,596 |
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
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yale University ($5,334), Harvard Univ ($5,334), Upenn ($5,334).
| Recipient | Purpose | Amount |
|---|---|---|
| YALE UNIVERSITY NEW HAVEN, CT | CHARITY | $5,334 |
| HARVARD UNIV CAMBRIDGE, MA | CHARITY | $5,334 |
| UPENN Philadelphia, PA | CHARITY | $5,334 |
| INDIA HOME JAMAICA, NY | CHARITY | $1,250 |
| GIRLS SCOUTS OF UNITED NEW YORK, NY | CHARITY | $246 |
| VEGAN VISION PATERSON, NJ | CHARITY | $250 |
| INDIA ASSOCIATION OF LONG ISLAND HICKSVILLE, NY | CHARITY | $1,750 |
| Georgia Institute of Technology ATLANTA, GA | CHARITY | $2,000 |
| COOPER UNION NEW YORK, NY | CHARITY | $1,000 |
| NATIONAL INDO-AMERICAN ASSO FOR OAK GARDENS, NY | CHARITY | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAJANI GOYAL | PRESIDENT | 1 | — |
| NAVEEN GOYAL | TREASURER | 1 | — |
| PRAVEEN GOYAL | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Goyal Family Foundation Inc?
Goyal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITESTONE, NY. It holds $383K in total assets as of 2024.
How large is Goyal Family Foundation Inc?
As of 2024, Goyal Family Foundation Inc holds $383K in total assets with $21K in annual revenue. It awarded 10 grants totaling $23K in 2024.
Where does Goyal Family Foundation Inc operate?
Goyal Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Georgia, Massachusetts, New Jersey, New York, Pennsylvania, Texas.
What size grants does Goyal Family Foundation Inc award?
In 2024, Goyal Family Foundation Inc awarded 10 grants totaling $23K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Goyal Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Goyal Family Foundation Inc reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Goyal Family Foundation Inc's EIN?
Goyal Family Foundation Inc's EIN (Employer Identification Number) is 11-3579353. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Goyal Family Foundation Inc'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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