Hiralal Agarwal Foundation Inc

Foundation · Grantmaker Bethesda, MD EIN: 26-1517000

Hiralal Agarwal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bethesda, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $842K in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $163K.

Key facts about Hiralal Agarwal Foundation Inc

EIN: 26-1517000
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $63,471
Grants made (2024): 3
Average grant: $21,157
Median grant: $7,000
Total assets: $841,872
Primary geography: Texas (84% of itemized 2024 grant dollars)

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

Who Hiralal Agarwal Foundation Inc funds

By grant dollars, the top recipient states for Hiralal Agarwal Foundation Inc's 3 itemized 2024 grants were Texas (84%) and Ohio (11%). None of its 3 grants with a stated purpose were described as general or operating support.

How Hiralal Agarwal Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (−12%). Method
In 2024 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Hiralal Agarwal Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$842K

+13.3% YoY

Annual Giving

$63K

+13.3% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$21K

-24.4% YoY

Under IRS private-foundation payout rules, Hiralal Agarwal Foundation Inc reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Hiralal Agarwal Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $53K (84%)

Ohio $7K (11%)

All other $3K (5%)

Share of all 3 itemized 2024 grant dollars.

States

Maryland Ohio Texas

Cities

CincinnatiHoustonNorth Potomac

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$841,872	$743,197	$810,676
Revenue	$164,014	$-9,528	$205,125
Expenses	$65,339	$57,951	$92,808
Qualifying Distributions	$63,471	$56,000	$85,000
Net Investment Income	$163,080	$11,405	$201,221
Distributable Amount	$89,992	$62,691	$67,537

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

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pratham ($53,471), Fidelity Charitable Donor Advised Gift Fund ($7,000), People's Action for National Integration ($3,000).

Recipient	Purpose	Amount
PRATHAM Houston, TX	CHARITABLE CONTRIBUTION FOR QUALIFIED IRC SEC 501(C)(3) ORAGANIZATIONS	$53,471
FIDELITY CHARITABLE DONOR ADVISED GIFT FUND Cincinnati, OH	CHARITABLE CONTRIBUTION FOR QUALIFIED IRC SEC 501(C)(3) ORGANIZATIONS	$7,000
PEOPLE'S ACTION FOR NATIONAL INTEGRATION	CHARITABLE CONTRIBUTION TO A FOREIGN EXEMPT ORGANIZATION	$3,000

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
Bhasker Agarwal	President/ Director	6	—
Sarla Bhaskar	Treasurer/ Secretary/ Director	4	—
Rajan Bhaskar	Director	1	—
Anurag Bhaskar	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hiralal Agarwal Foundation Inc?

Hiralal Agarwal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bethesda, MD. It holds $842K in total assets as of 2024.

How large is Hiralal Agarwal Foundation Inc?

As of 2024, Hiralal Agarwal Foundation Inc holds $842K in total assets with $164K in annual revenue. It awarded 3 grants totaling $63K in 2024.

Where does Hiralal Agarwal Foundation Inc operate?

Hiralal Agarwal Foundation Inc has awarded grants in Maryland, Ohio, Texas.

What size grants does Hiralal Agarwal Foundation Inc award?

In 2024, Hiralal Agarwal Foundation Inc awarded 3 grants totaling $63K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Hiralal Agarwal Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hiralal Agarwal Foundation Inc reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hiralal Agarwal Foundation Inc's EIN?

Hiralal Agarwal Foundation Inc's EIN (Employer Identification Number) is 26-1517000. IRS Form 990 filing data is available on this page for 2020–2024.