Gulati Family Foundation

Foundation · Grantmaker Jupiter, FL EIN: 82-3637912

Gulati Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jupiter, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $368K in total assets. In 2024, it awarded 3 grants totaling $181K. Net investment income was $210K.

Key facts about Gulati Family Foundation

EIN: 82-3637912
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $180,500
Grants made (2024): 3
Average grant: $60,167
Median grant: $5,000
Total assets: $368,117
Primary geography: Pennsylvania (97% of itemized 2024 grant dollars)

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

Who Gulati Family Foundation funds

By grant dollars, the top recipient states for Gulati Family Foundation's 3 itemized 2024 grants were Pennsylvania (97%). 100% of grants with a stated purpose were for general or operating support.

How Gulati Family Foundation gives

Giving grew 569% 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.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$368K

-28.0% YoY

Annual Giving

$181K

+16.5% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$60K

-22.4% YoY

Under IRS private-foundation payout rules, Gulati Family Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Gulati Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $175K (97%)

Texas $5K (3%)

Massachusetts $500 (0%)

Share of all 3 itemized 2024 grant dollars.

States

District of Columbia Florida Massachusetts New York Pennsylvania Texas

Cities

PhiladelphiaNew YorkFlushingBostonDallasSarasotaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$368,117	$511,451	$496,504
Revenue	$222,958	$182,217	$180,779
Expenses	$201,188	$167,270	$199,366
Qualifying Distributions	$191,938	$158,500	$173,175
Net Investment Income	$210,208	$171,547	$149,261
Distributable Amount	$13,569	$22,664	$20,789

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Pennsylvania ($175,000), HHH ($5,000), Ja Worldwide ($500).

Recipient	Purpose	Amount
UNIVERSITY OF PENNSYLVANIA Philadelphia, PA	GENERAL SUPPORT	$175,000
HHH Dallas, TX	GENERAL SUPPORT	$5,000
JA WORLDWIDE Boston, MA	GENERAL SUPPORT	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Nobel Gulati	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gulati Family Foundation?

Gulati Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jupiter, FL. It holds $368K in total assets as of 2024.

How large is Gulati Family Foundation?

As of 2024, Gulati Family Foundation holds $368K in total assets with $223K in annual revenue. It awarded 3 grants totaling $181K in 2024.

Where does Gulati Family Foundation operate?

Gulati Family Foundation has awarded grants in District of Columbia, Florida, Massachusetts, New York, Pennsylvania, Texas.

What size grants does Gulati Family Foundation award?

In 2024, Gulati Family Foundation awarded 3 grants totaling $181K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is Gulati Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gulati Family Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.