Lalchandani Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $555K in total assets. In 2024, it awarded 6 grants totaling $28K. Net investment income was $164K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$555K
+33.9% YoY
Annual Giving
$28K
+2.2% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$5K
+2.2% YoY
Under IRS private-foundation payout rules, Lalchandani Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Lalchandani Family Foundation
Based on IRS filings
Lalchandani Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $555K in total assets. In 2024, it awarded 6 grants totaling $28K. Net investment income was $164K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $555,123 | $414,686 | $437,315 |
| Revenue | $170,704 | $10,621 | $457 |
| Expenses | $34,167 | $33,212 | $36,774 |
| Qualifying Distributions | $27,738 | $27,131 | $29,271 |
| Net Investment Income | $164,275 | $9,002 | $6,697 |
| Distributable Amount | $25,970 | $26,133 | $27,430 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stanford Medicine ($15,000), Alma College ($5,000), Lake Tahoe Shakespeare Festival ($4,158).
| Recipient | Purpose | Amount |
|---|---|---|
| Incline Community Hospical Incline Village, NV | Medical Support | $1,000 |
| Lake Tahoe Shakespeare Festival Incline Village, NV | Community Support | $4,158 |
| Stanford Medicine Stanford, CA | Medical Support | $15,000 |
| Various Other Local Charities Reno, NV | Community Support | $80 |
| Alma College Alma, MI | Education Support | $5,000 |
| PBS Reno Reno, NV | Community Support | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Atam Lalchandani | Trustee | 5 | — |
| Margo Lalchandani | Trustee | 5 | — |
| Sonali Lalchandani | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lalchandani Family Foundation?
Lalchandani Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $555K in total assets as of 2024.
How large is Lalchandani Family Foundation?
As of 2024, Lalchandani Family Foundation holds $555K in total assets with $171K in annual revenue. It awarded 6 grants totaling $28K in 2024.
Where does Lalchandani Family Foundation operate?
Lalchandani Family Foundation has awarded grants in California, Michigan, Nevada.
What size grants does Lalchandani Family Foundation award?
In 2024, Lalchandani Family Foundation awarded 6 grants totaling $28K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Lalchandani Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lalchandani Family Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lalchandani Family Foundation's EIN?
Lalchandani Family Foundation's EIN (Employer Identification Number) is 94-3376824. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lalchandani 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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