Jaya Charitable Foundation

SOUTHFIELD, MI EIN: 32-0027023

Jaya Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $196K. Net investment income was $81K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+45.9% YoY

Annual Giving

$196K

+57.6% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$25K

+18.2% YoY

Under IRS private-foundation payout rules, Jaya Charitable Foundation reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.

About Jaya Charitable Foundation

Based on IRS filings

Jaya Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $196K. Net investment income was $81K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Bloomfield TownshipCantonCypressEast LansingErieFarmington HillsLivoniaLos AngelesMilpitasMoundsvilleNapervilleNew YorkOkemosPlanoSouthfieldSterling HeightsSugar LandTuckahoeWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$152K$305K$457K$610K20202021202220232024
Metric202420232022
Total Assets$1,106,153$758,009$836,663
Revenue$554,371$53,892$47,574
Expenses$206,227$132,546$176,495
Qualifying Distributions$196,289$124,555$164,166
Net Investment Income$81,220$53,632$32,581
Distributable Amount$104,698$83,122$86,031

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$98K$147K$196K8 grants20209 grants20217 grants20226 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

JAIN SOCIETY OF GREATER …$69KMADHAVAN THAPAR (SCHOLAR…$50KSHRI PRABHAVHEN KAMDHENU…$25KUCLA$25KSHREE BIDADA SARVODAYA T…$21KCOMMMIT 2 CHANGE$5KMAI FAMILY SERVICES$500JADEN DAVIS SCHOLARSHIP$500

Grant Size Distribution

38 grants across all recorded years

33<$50K5$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 Jain Society of Greater Detroit ($69,289), Madhavan Thapar (scholarship Payment) ($50,000), Shri Prabhavhen Kamdhenu Girivhar Trust ($25,000).

RecipientPurposeAmount
COMMMIT 2 CHANGE TUCKAHOE, NYGENERAL OPERATING PURPOSES$5,000
JAIN SOCIETY OF GREATER DETROIT FARMINGTON HILLS, MIGENERAL OPERATING PURPOSES;LISTTOTAL 20909;LISTTOTAL 25644$69,289
MADHAVAN THAPAR (SCHOLARSHIP PAYMENT) GENERAL OPERATING PURPOSES$50,000
MAI FAMILY SERVICES LIVONIA, MIGENERAL OPERATING PURPOSES$500
SHREE BIDADA SARVODAYA TRUST CYPRESS, CAGENERAL OPERATING PURPOSES;LISTTOTAL 9500$21,000
SHRI PRABHAVHEN KAMDHENU GIRIVHAR TRUST GENERAL OPERATING PURPOSES$25,000
UCLA LOS ANGELES, CAGENERAL OPERATING PURPOSES$25,000
JADEN DAVIS SCHOLARSHIP SOUTHFIELD, MIGENERAL OPERATING PURPOSES$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARVIND SHAHPRESIDENT2
JAYSHREE SHAHDIRECTOR1
VRAJESH PATELDIRECTOR1
AKSHAY SHAHDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jaya Charitable Foundation?

Jaya Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. It holds $1.1M in total assets as of 2024.

How large is Jaya Charitable Foundation?

As of 2024, Jaya Charitable Foundation holds $1.1M in total assets with $554K in annual revenue. It awarded 8 grants totaling $196K in 2024.

Where does Jaya Charitable Foundation operate?

Jaya Charitable Foundation has awarded grants in California, Colorado, District of Columbia, Illinois, Michigan, New York, Texas, West Virginia.

What size grants does Jaya Charitable Foundation award?

In 2024, Jaya Charitable Foundation awarded 8 grants totaling $196K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Jaya Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jaya Charitable Foundation reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jaya Charitable Foundation's EIN?

Jaya Charitable Foundation's EIN (Employer Identification Number) is 32-0027023. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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