Majithia Family Foundation Inc
Majithia Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSLYN HEIGHTS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$270K
+1.4% YoY
Annual Giving
$14K
-9.7% YoY
Grant Count
4
-50.0% YoY
Avg Grant Size
$4K
+80.6% YoY
Under IRS private-foundation payout rules, Majithia Family Foundation Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Majithia Family Foundation Inc
Based on IRS filings
Majithia Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSLYN HEIGHTS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $18K.
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 | $269,912 | $266,274 | $272,849 |
| Revenue | $17,938 | $9,938 | $13,937 |
| Expenses | $14,300 | $16,513 | $17,118 |
| Qualifying Distributions | $14,000 | $15,500 | $16,750 |
| Net Investment Income | $17,638 | $8,925 | $13,569 |
| Distributable Amount | $16,275 | $14,312 | $15,891 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salvation Army ($7,500), Hindu Charity for America ($3,500), Meals on Wheels Central Texas ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HINDU CHARITY FOR AMERICA CEDAR PARK, TX | HEALTH AND EDUCATION | $3,500 |
| MEALS ON WHEELS CENTRAL TEXAS AUSTIN, TX | DISTRIBUTION TO POOR | $1,500 |
| PLUS GROUP HOMES INC WANTAGH, NY | HANDICAPPED SERVICES | $1,500 |
| SALVATION ARMY ALEXANDRIA, VA | DISTRIBUTION TO POOR | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NARENDRA H MAJITHIA | PRESIDENT | — | — |
| MEENAKSHEE N MAJITHIA | VICE PRESIDENT | — | — |
| SNEHAL N MAJITHIA | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Majithia Family Foundation Inc?
Majithia Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSLYN HEIGHTS, NY. It holds $270K in total assets as of 2024.
How large is Majithia Family Foundation Inc?
As of 2024, Majithia Family Foundation Inc holds $270K in total assets with $18K in annual revenue. It awarded 4 grants totaling $14K in 2024.
Where does Majithia Family Foundation Inc operate?
Majithia Family Foundation Inc has awarded grants in Kansas, Massachusetts, Nebraska, New York, Pennsylvania, Texas, Virginia.
What size grants does Majithia Family Foundation Inc award?
In 2024, Majithia Family Foundation Inc awarded 4 grants totaling $14K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Majithia Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Majithia Family Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Majithia Family Foundation Inc's EIN?
Majithia Family Foundation Inc's EIN (Employer Identification Number) is 26-3249181. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Majithia Family Foundation Inc'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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