Kakani Family Foundation is a private foundation focused on Youth Development, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 17 grants totaling $87K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+15.8% YoY
Annual Giving
$87K
+192.0% YoY
Grant Count
17
+70.0% YoY
Avg Grant Size
$5K
+71.7% YoY
Under IRS private-foundation payout rules, Kakani Family Foundation reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.
About Kakani Family Foundation
Based on IRS filings
Kakani Family Foundation is a private foundation focused on Youth Development, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 17 grants totaling $87K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,786,038 | $1,542,508 | $1,226,171 |
| Revenue | $54,540 | $47,596 | $17,221 |
| Expenses | $98,652 | $30,771 | $40,233 |
| Qualifying Distributions | $87,207 | $29,870 | $39,098 |
| Net Investment Income | $44,478 | $23,884 | $21,483 |
| Distributable Amount | $85,181 | $69,658 | $62,503 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indo American Lions Club ($20,000), University of Louisville ($19,771), Xavier Admissions Llc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AAPIQLI WOODBURY, NY | CHARITABLE PURPOSE | $2,300 |
| ASA MAI TEMPLE HICKSVILLE, NY | CHARITABLE PURPOSE | $1,731 |
| INDO AMERICAN LIONS CLUB WESTBURY, NY | CHARITABLE PURPOSE | $20,000 |
| KANNADA KOOTA NY QUEENS VILLAGE, NY | CHARITABLE PURPOSE | $60 |
| LONG ISLAND INDO AMERICAN LIONS OAK BROOK, IL | CHARITABLE PURPOSE | $275 |
| MAHESHWARI MAHASABHA OF NORTH AMERI HERDON, VA | CHARITABLE PURPOSE | $14,695 |
| MERCY MEDICAL CENTER ROCKVILLE CENTRE, NY | CHARITABLE PURPOSE | $350 |
| MGM MEDICAL COLLEGE | CHARITABLE PURPOSE | $294 |
| MPMAANA SYOSSET, NY | CHARITABLE PURPOSE | $11,550 |
| OM FOUNDATION NEW HYDE PARK, NY | CHARITABLE PURPOSE | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAJESH KAKANI | PRESIDENT | 1 | — |
| SONALI KAKANI | VICE PRESIDE | 0.5 | — |
| PRAGYA KAKANI | SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kakani Family Foundation?
Kakani Family Foundation is a private foundation focused on Youth Development, based in GARDEN CITY, NY. It holds $1.8M in total assets as of 2024.
How large is Kakani Family Foundation?
As of 2024, Kakani Family Foundation holds $1.8M in total assets with $55K in annual revenue. It awarded 17 grants totaling $87K in 2024.
Where does Kakani Family Foundation operate?
Kakani Family Foundation has awarded grants in California, Florida, Illinois, Kentucky, Maryland, New Jersey, New York, Virginia.
What size grants does Kakani Family Foundation award?
In 2024, Kakani Family Foundation awarded 17 grants totaling $87K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Kakani Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kakani Family Foundation reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kakani Family Foundation's EIN?
Kakani Family Foundation's EIN (Employer Identification Number) is 47-5355502. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kakani Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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