Mahendra and Jayshree Patel Foundation
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
Under IRS private-foundation payout rules, Mahendra and Jayshree Patel Foundation reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boca Raton Regional Hospital ($30,000), Saint Andrews School ($25,000), Pine Crest School ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ratna Global Foundation East Windsor, NJ | General Use | $6,000 |
| Saint Andrews School Boca Raton, FL | Education | $25,000 |
| Pine Crest School Fort Lauderdale, FL | Educatioin | $25,000 |
| Boca Raton Regional Hospital Boca Raton, FL | General Use | $30,000 |
| Share & Care Foundation Paramus, NJ | General Use | $5,000 |
| Ekal Vidyalaya Foundation Houston, TX | General Use | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nima Patel | Trustee | — | — |
| Laju M Mathew | Trustee | — | — |
| Ripal J Patel | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mahendra and Jayshree Patel Foundation?
Mahendra and Jayshree Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELRAY BEACH, FL. It holds $1.9M in total assets as of 2024.
How large is Mahendra and Jayshree Patel Foundation?
As of 2024, Mahendra and Jayshree Patel Foundation holds $1.9M in total assets with $113K in annual revenue. It awarded 6 grants totaling $92K in 2024.
Where does Mahendra and Jayshree Patel Foundation operate?
Mahendra and Jayshree Patel Foundation has awarded grants in California, District of Columbia, Florida, New Jersey, New York, Texas.
What size grants does Mahendra and Jayshree Patel Foundation award?
In 2024, Mahendra and Jayshree Patel Foundation awarded 6 grants totaling $92K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Mahendra and Jayshree Patel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mahendra and Jayshree Patel Foundation reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mahendra and Jayshree Patel Foundation's EIN?
Mahendra and Jayshree Patel Foundation's EIN (Employer Identification Number) is 22-3696765. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mahendra and Jayshree Patel 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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