Krupa Family Foundation Inc

WINSTON SALEM, NC EIN: 56-2223942

Krupa Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTON SALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 15 grants totaling $93K. Net investment income was $121K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+2.3% YoY

Annual Giving

$93K

-29.7% YoY

Grant Count

15

+25.0% YoY

Avg Grant Size

$6K

-43.8% YoY

Under IRS private-foundation payout rules, Krupa Family Foundation Inc reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

About Krupa Family Foundation Inc

Based on IRS filings

Krupa Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTON SALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 15 grants totaling $93K. Net investment income was $121K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlamoCaryCharlotteCrossnoreDaytonDurhamFremontHoustonMatthewsMonroe TownshipNew YorkWashingtonWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$221K$442K$663K$884K20202021202220232024
Metric202420232022
Total Assets$1,237,748$1,209,756$1,291,541
Revenue$132,839$60,520$92,891
Expenses$104,847$142,305$30,426
Qualifying Distributions$93,152$132,555$11,158
Net Investment Income$121,144$50,770$73,623
Distributable Amount$79,073$74,483$74,664

Giving Over Time

Total grant dollars and number of grants per year

$0$197K$394K$590K$787K15 grants202012 grants202110 grants202212 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DUKE UNIVERSITY$31KYUVA UNSTOPPABLE USA$25KHUMAN SERVICES FOUNDATION$17KSECOND HARVEST FOOD BANK…$6KWINSTON SALEM FOUNDATION$6KCOMMUNITY CARE CENTER$1KWINSTON SALEM RESCUE MIS…$1KSENIOR SERVICES$1KSALVATION ARMY$1KCRISIS CONTROL MINISTRY$1K

Grant Size Distribution

64 grants across all recorded years

60<$50K2$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duke University ($31,000), Yuva Unstoppable Usa ($25,000), Human Services Foundation ($16,850).

RecipientPurposeAmount
COMMUNITY CARE CENTER WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
WINSTON SALEM RESCUE MISSION WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
SECOND HARVEST FOOD BANK OF NW NC WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$6,000
VALLABH PUSHTI SAMAJ OF CAROLINAS MATTHEWS, NCCONTINUATION OFCHARITYS MISSION$151
SENIOR SERVICES WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
VAISHNAV SAMAJ OF RTP CARY, NCCONTINUATION OFCHARITYS MISSION$151
SALVATION ARMY WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
CRISIS CONTROL MINISTRY WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
SHEPARDS CENTER WINSTON SALEM, NCCONTINUATION OFCHARITYS MISSION$1,000
DUKE UNIVERSITY DAYTON, OHCONTINUATION OFCHARITYS MISSION$31,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BANSI P SHAHPRESIDENT20
SUMATI B SHAHVICE PRESIDENTSECRETARY10
MALAY B SHAHTREASURER20

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Krupa Family Foundation Inc?

Krupa Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTON SALEM, NC. It holds $1.2M in total assets as of 2024.

How large is Krupa Family Foundation Inc?

As of 2024, Krupa Family Foundation Inc holds $1.2M in total assets with $133K in annual revenue. It awarded 15 grants totaling $93K in 2024.

Where does Krupa Family Foundation Inc operate?

Krupa Family Foundation Inc has awarded grants in California, District of Columbia, North Carolina, New Jersey, New York, Ohio, Texas.

What size grants does Krupa Family Foundation Inc award?

In 2024, Krupa Family Foundation Inc awarded 15 grants totaling $93K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Krupa Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Krupa Family Foundation Inc reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Krupa Family Foundation Inc's EIN?

Krupa Family Foundation Inc's EIN (Employer Identification Number) is 56-2223942. IRS Form 990 filing data is available on this page for 2020–2024.

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

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