Mahendra and Jayshree Patel Foundation

DELRAY BEACH, FL EIN: 22-3696765

Mahendra and Jayshree Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELRAY BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $92K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+13.8% YoY

Annual Giving

$92K

+27.8% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$15K

+49.1% YoY

About Mahendra and Jayshree Patel Foundation

Based on IRS filings

Mahendra and Jayshree Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELRAY BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $92K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Boca RatonCranburyEast WindsorFort LauderdaleHoustonMilpitasNew YorkParamusSecaucusWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$60K$119K$179K$238K20202021202220232024
Metric202420232022
Total Assets$1,938,542$1,703,942$1,487,791
Revenue$113,101$42,518$103,527
Expenses$111,634$95,793$112,741
Qualifying Distributions$93,897$73,725$89,815
Net Investment Income$4,484$27,910$80,601
Distributable Amount$94,299$79,684$81,995

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$69K$92K8 grants20208 grants20218 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Boca Raton Regional Hosp…$30KSaint Andrews School$25KPine Crest School$25KRatna Global Foundation$6KShare & Care Foundation$5KEkal Vidyalaya Foundation$1K

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Nima PatelTrustee
Laju M MathewTrustee
Ripal J PatelTrustee

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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