Lata & Vaibhav Goel Foundation
Lata & Vaibhav Goel Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $125K. Net investment income was $41K.
Lata & Vaibhav Goel Foundation at a glance
In short: Lata & Vaibhav Goel Foundation gave $125K across 4 grants in 2024 (avg $31K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $125,000
- +66.7% vs 2023
- Grants made (2024)
- 4
- +100.0% vs 2023
- Average grant
- $31,250
- -16.7% vs 2023
- Median grant
- $25,000
- Total assets
- $1,011,525
- -7.7% vs 2023
- Primary geography
- California (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Lata & Vaibhav Goel Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Stanford University Development Services ($50K). Together the top 4 received $125K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was in the $50–100K range: 10 grants of 21 (48%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Lata & Vaibhav Goel Foundation gives
- Giving fell 53% from 2021 to 2024. Method
- In 2024 it paid out 249% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $75K (2023) to $270K (2020). In 2024 it made 4 grants totaling $125K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Development Services Stanford, CA | Charitable | $50,000 |
| Duke University Concentration Account Durham, NC | Charitable | $25,000 |
| Swarthmore College Swarthmore, PA | Charitable | $25,000 |
| Peninsula Volunteers Inc Menlo Park, CA | Charitable | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,011,525 | $43,576 | $128,040 | $125,000 | 4 | $127,213 | $40,686 | $51,158 |
| 2023 | $1,095,989 | $50,012 | $77,302 | $75,000 | 2 | $76,925 | $47,890 | $56,768 |
| 2022 | $1,123,279 | $16,057 | $176,872 | $175,000 | 4 | $176,625 | $14,185 | $57,710 |
| 2021 | $1,284,094 | $2,267 | $266,783 | $265,000 | 5 | $266,470 | $484 | $71,276 |
| 2020 | $1,548,610 | $7,247 | $272,006 | $270,000 | 6 | — | $5,241 | $85,390 |
Under IRS private-foundation payout rules, Lata & Vaibhav Goel Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lata & Vaibhav Goel Foundation is led by Vaibhav Goel, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Vaibhav Goel
President
On filings since 2020
No compensation reported
Lata Goel
Secretary & Treasurer
On filings since 2020
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 Lata & Vaibhav Goel Foundation
How much does Lata & Vaibhav Goel Foundation give each year?
Lata & Vaibhav Goel Foundation gave $125K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $75K across 2 grants.
What is Lata & Vaibhav Goel Foundation's typical grant size?
Lata & Vaibhav Goel Foundation's median grant in 2024 was $25,000, and its average grant was $31,250, across 4 grants on its 2024 IRS Form 990-PF.
Where does Lata & Vaibhav Goel Foundation give grants?
Lata & Vaibhav Goel Foundation gives mostly in California: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (20%) and Pennsylvania (20%).
Does Lata & Vaibhav Goel Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Lata & Vaibhav Goel Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).
How large is Lata & Vaibhav Goel Foundation?
Lata & Vaibhav Goel Foundation reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $127K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).
What is Lata & Vaibhav Goel Foundation's EIN?
Lata & Vaibhav Goel Foundation's EIN (Employer Identification Number) is 47-3150708. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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