Gursahaney Family Foundation Inc

BOCA RATON, FL EIN: 47-4257844

Gursahaney Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 21 grants totaling $282K. Net investment income was $633K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+23.7% YoY

Annual Giving

$282K

+87.8% YoY

Grant Count

21

+23.5% YoY

Avg Grant Size

$13K

+52.0% YoY

Under IRS private-foundation payout rules, Gursahaney Family Foundation Inc reported a distributable amount of $137K for 2024 — the minimum it must pay out in qualifying distributions.

About Gursahaney Family Foundation Inc

Based on IRS filings

Gursahaney Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 21 grants totaling $282K. Net investment income was $633K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AtlantaBoca RatonBoynton BeachBridgevilleCharlottesvilleChatlttesvilleChicagoConcordDallasFort LauderdaleFt LauderdaleJacksonvilleLas VegasManalapanMiamiMorristownNew OrleansNorth Palm BeachOak BrookOrlando

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$175K$350K$525K$701K20202021202220232024
Metric202420232022
Total Assets$2,911,366$2,353,507$2,143,618
Revenue$636,865$-921$-14,249
Expenses$287,058$154,336$278,677
Qualifying Distributions$281,850$150,075$261,000
Net Investment Income$633,324$48,366$29,163
Distributable Amount$137,110$100,802$107,125

Giving Over Time

Total grant dollars and number of grants per year

$0$73K$145K$218K$290K23 grants202028 grants202123 grants202217 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PENN STATE -Football$200KBOCA RATON REGIONAL HOSP…$10KLYNN UNIVERSITY$10KPENNSTATE - IST SCHOLARS…$10KUNITED WAY PBC$10KAMERICAN CANCER SOCIETY$5KDarden School Foundation…$5KDARDEN SCHOOL FOUNDATION…$5KLOCKING ARMS MEN$5KPenn State University - …$5K

Grant Size Distribution

112 grants across all recorded years

108<$50K$50–100K4$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 PENN STATE -Football ($200,000), Boca Raton Regional Hospital Foundation ($10,000), Lynn University ($10,000).

RecipientPurposeAmount
AMERICAN CANCER SOCIETY ATLANTA, GAGENERAL SUPPORT$5,000
American Heart Association Fort Lauderdale, FLGENERAL SUPPORT$2,000
BOCA HELPING HANDS BOCA RATON, FLGENERAL SUPPORT$1,500
BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FLGENERAL SUPPORT$10,000
Darden School Foundation - Darden Annual Fund CHARLOTTESVILLE, VAGENERAL SUPPORT$5,000
DARDEN SCHOOL FOUNDATION -REUNION SCHOLARSHIP CHARLOTTESVILLE, VAGENERAL SUPPORT$5,000
Florida Disaster Fund Tallahassee, FLGENERAL SUPPORT$2,000
Hair To Stay San Francisco, CAGENERAL SUPPORT$1,000
Impact 100 Morristown, NJGENERAL SUPPORT$1,100
Kravis Center for Perfroming Arts WEST PALM BEACH, FLGENERAL SUPPORT$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JUDITH GURSAHANEYDIRECTOR, VP, SECRETARY1
NAREN GURSAHANEYDIRECTOR, PRESIDENT, TREASURER1
KAYLA GURSAHANEYDIRECTOR, PRESIDENT, TREASURER0.5
PHILLIP GURSAHANEYDIRECTOR, PRESIDENT, TREASURER0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gursahaney Family Foundation Inc?

Gursahaney Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $2.9M in total assets as of 2024.

How large is Gursahaney Family Foundation Inc?

As of 2024, Gursahaney Family Foundation Inc holds $2.9M in total assets with $637K in annual revenue. It awarded 21 grants totaling $282K in 2024.

Where does Gursahaney Family Foundation Inc operate?

Gursahaney Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Illinois, Louisiana, Massachusetts, New Jersey, Nevada, New York, Pennsylvania, Texas, Virginia.

What size grants does Gursahaney Family Foundation Inc award?

In 2024, Gursahaney Family Foundation Inc awarded 21 grants totaling $282K — an average of about $13K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gursahaney Family Foundation Inc reported a distributable amount of $137K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gursahaney Family Foundation Inc's EIN?

Gursahaney Family Foundation Inc's EIN (Employer Identification Number) is 47-4257844. IRS Form 990 filing data is available on this page for 2020–2024.

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

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