Goyal Family Foundation Inc

WHITESTONE, NY EIN: 11-3579353

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AtlantaBostonCambridgeFarmingvilleFlushingForest HillsHicksvilleHoustonJamaicaNew HavenNew YorkOak GardensPatersonPhiladelphiaWashingtonWhitestone

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$45K$67K$89K20202021202220232024
Metric202420232022
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

$0$6K$11K$17K$23K5 grants20202 grants20217 grants20226 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YALE UNIVERSITY$5KHARVARD UNIV$5KUPENN$5KGeorgia Institute of Tec…$2KINDIA ASSOCIATION OF LON…$2KINDIA HOME$1KCOOPER UNION$1KVEGAN VISION$250GIRLS SCOUTS OF UNITED$246NATIONAL INDO-AMERICAN A…$200

Grant Size Distribution

30 grants across all recorded years

30<$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 Yale University ($5,334), Harvard Univ ($5,334), Upenn ($5,334).

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RAJANI GOYALPRESIDENT1
NAVEEN GOYALTREASURER1
PRAVEEN GOYALSECRETARY1

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.

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Related Funders

Similar funders by location and focus area

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

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