Kunwarba Vaghani Foundation Inc

Private foundation · Grantmaker Elk Grove Village, IL EIN: 11-3799316

Kunwarba Vaghani Foundation Inc is a private foundation, based in Elk Grove Village, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 2 grants totaling $9K.

Key facts about Kunwarba Vaghani Foundation Inc

In short: Kunwarba Vaghani Foundation Inc gave $9K across 2 grants in 2025 (avg $4K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
11-3799316
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,600
Grants made (2025)
2
Average grant
$4,300
Median grant
$4,300
Total assets
$20,094
Primary geography
Illinois (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$20K

-34.7% YoY

Annual Giving

$9K

+3.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$4K

+3.6% YoY

How Kunwarba Vaghani Foundation Inc gives

  • Giving fell 49% from 2022 to 2025. Method
  • In 2021 it paid out 49% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

HinsdaleChicagoOak BrookWinfield

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $1K (2021) to $17K (2022). In 2025 it made 2 grants totaling $9K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Ignite Asha: $8KIgnite Asha$8KFriends for a Cause Chicago: $500Friends for a Cause Chicago$500

The largest 2025 recipient was Ignite Asha ($8K). Together the top 2 received $9K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ignite Asha Hinsdale, ILAssistance to Women & Children Globally$8,100
Friends for a Cause Chicago Winfield, ILAssistance to Women & Children Globally$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$20,094$30,759$38,728
Revenue$205$336$357
Expenses$10,870$8,305$11,000
Qualifying Distributions$8,600$8,300$11,000
Net Investment Income—$331$357

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 28, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS August 10, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 6, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 21, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 16, 2024)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 16, 2024)

Leadership & Key People

Officers and directors from IRS filings

Kunwarba Vaghani Foundation Inc is led by Veena V. Oza, President & CEO since 2022 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Veena V. Oza

    President & CEO

    President → President & CEO, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bonnie P. Patel

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Savan H. Patel

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Vani V. Oza

    Secretary

    Director → Secretary, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Harkhaji D. Patel (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Kunwarba Vaghani Foundation Inc

How much does Kunwarba Vaghani Foundation Inc give each year?

Kunwarba Vaghani Foundation Inc gave $9K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 2 grants.

How large is Kunwarba Vaghani Foundation Inc?

Kunwarba Vaghani Foundation Inc reported $20K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $205.

Where does Kunwarba Vaghani Foundation Inc operate?

Kunwarba Vaghani Foundation Inc has awarded grants in Illinois.

What is Kunwarba Vaghani Foundation Inc's EIN?

Kunwarba Vaghani Foundation Inc's EIN (Employer Identification Number) is 11-3799316. IRS Form 990 filing data is available on this page for 2019–2025.

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

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