Khandekar Family Foundation

Foundation · Grantmaker Memphis, TN EIN: 27-1646678

Khandekar Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $9K.

Key facts about Khandekar Family Foundation

In short: Khandekar Family Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
27-1646678
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$205,308
Primary geography
Minnesota (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$205K

+1.1% YoY

Annual Giving

$10K

-76.7% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$10K

+16.3% YoY

Under IRS private-foundation payout rules, Khandekar Family Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

How Khandekar Family Foundation gives

  • Giving fell 67% from 2021 to 2024. Method
  • In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 1 itemized 2024 grant dollars.

Cities

MemphisPotomac FallsBartlettFairfaxGreat FallsHerndonMcleanMinneapolisNashvillPlainfieldSilver SpringUnion CityWashingtionWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K5 grants20203 grants20215 grants20225 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Noor Kids: $10KNoor Kids$10K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NOOR KIDS Minneapolis, MNPROGRAM ASSISTANCE - EDUCATIONAL SERVICES$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K20202021202220232024
Metric202420232022
Total Assets$205,308$202,982$193,256
Revenue$9,499$31,911$32,959
Expenses$10,182$43,166$9,066
Qualifying Distributions$10,182$43,000$8,940
Net Investment Income$9,499$11,511$11,971
Distributable Amount$9,825$9,505$8,179

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Khandekar Family Foundation is led by Alim Khandekar, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alim Khandekar

    President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Naheed Khandekar

    Secretary

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Sofia Khandekar

    Vice President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Khandekar Family Foundation

How much does Khandekar Family Foundation give each year?

Khandekar Family Foundation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $43K across 5 grants.

How large is Khandekar Family Foundation?

Khandekar Family Foundation reported $205K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

What is Khandekar Family Foundation?

Khandekar Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. It holds $205K in total assets as of 2024.

Where does Khandekar Family Foundation operate?

Khandekar Family Foundation has awarded grants in California, District of Columbia, Indiana, Maryland, Minnesota, Tennessee, Virginia.

What is Khandekar Family Foundation's EIN?

Khandekar Family Foundation's EIN (Employer Identification Number) is 27-1646678. IRS Form 990 filing data is available on this page for 2020–2024.

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

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