Jaya Charitable Foundation
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.
Key facts about Jaya Charitable Foundation
- EIN
- 32-0027023
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $196,289
- Grants made (2024)
- 8
- Average grant
- $24,536
- Median grant
- $23,000
- Total assets
- $1,106,153
- Primary geography
- Michigan (36% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Jaya Charitable Foundation funds
By grant dollars, the top recipient states for Jaya Charitable Foundation's 8 itemized 2024 grants were Michigan (36%) and California (23%). 100% of grants with a stated purpose were for general or operating support.
How Jaya Charitable Foundation gives
- Giving grew 79% from 2021 to 2024. Method
- In 2024 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Jaya Charitable Foundation
- How to evaluate Jaya Charitable Foundation as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Jain Society of Greater Detroit ($69,289), Madhavan Thapar (Scholarship Payment) ($50,000), Shri Prabhavhen Kamdhenu Girivhar Trust ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JAIN SOCIETY OF GREATER DETROIT Farmington Hills, MI | GENERAL OPERATING PURPOSES;LISTTOTAL 20909;LISTTOTAL 25644 | $69,289 |
| MADHAVAN THAPAR (SCHOLARSHIP PAYMENT) | GENERAL OPERATING PURPOSES | $50,000 |
| SHRI PRABHAVHEN KAMDHENU GIRIVHAR TRUST | GENERAL OPERATING PURPOSES | $25,000 |
| UCLA Los Angeles, CA | GENERAL OPERATING PURPOSES | $25,000 |
| SHREE BIDADA SARVODAYA TRUST Cypress, CA | GENERAL OPERATING PURPOSES;LISTTOTAL 9500 | $21,000 |
| COMMMIT 2 CHANGE Tuckahoe, NY | GENERAL OPERATING PURPOSES | $5,000 |
| MAI FAMILY SERVICES Livonia, MI | GENERAL OPERATING PURPOSES | $500 |
| JADEN DAVIS SCHOLARSHIP Southfield, MI | GENERAL OPERATING PURPOSES | $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 |
|---|---|---|---|
| Arvind Shah | President | 2 | — |
| Jayshree Shah | Director | 1 | — |
| Vrajesh Patel | Director | 1 | — |
| Akshay Shah | Director | 1 | — |
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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Data last updated September 2026. Sourced from IRS Form 990-PF filings.