Mankad Family Foundation

Foundation · Grantmaker HOUSTON, TX EIN: 81-0825971

Mankad Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 5 grants totaling $1K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$155K

+38.4% YoY

Annual Giving

$1K

-58.7% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$289.8

-75.2% YoY

Under IRS private-foundation payout rules, Mankad Family Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Mankad Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Mankad Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $1K (49%)

Texas $638 (31%)

North Carolina $352 (17%)

Delaware $55 (3%)

District of Columbia $15 (1%)

States

District of Columbia Delaware North Carolina New Jersey Texas

Cities

ApexCaryDallasHoustonParamusWashingtonWilmington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$155,318	$112,243	$125,569
Revenue	$45,313	$4,270	$24,430
Expenses	$2,238	$4,537	$5,676
Qualifying Distributions	$3,067	$14,048	$5,676
Net Investment Income	$5,062	—	$2,405
Distributable Amount	$6,519	$5,444	$5,303

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Life Global USA ($1,000), HSPVA Creative Writing ($259), Susan Komen Foundation ($120).

Recipient	Purpose	Amount
GivenGain Foundation Wilmington, DE	Health and education for underserved	$55
HSPVA Creative Writing Houston, TX	Creative Writing Education in Public School in the US	$259
Life Global USA Paramus, NJ	Scholarships to underserved children for education	$1,000
Susan Komen Foundation Dallas, TX	Cure for breast cancer	$120
Wikimedia Foundation Washington, DC	Education available at no cost	$15

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Vipul Mankad	4	4	—
Mehul Mankad	2	2	—
Aparna Mankad	2	2	—
Raj Mankad	2	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mankad Family Foundation?

Mankad Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $155K in total assets as of 2024.

How large is Mankad Family Foundation?

As of 2024, Mankad Family Foundation holds $155K in total assets with $45K in annual revenue. It awarded 5 grants totaling $1K in 2024.

Where does Mankad Family Foundation operate?

Mankad Family Foundation has awarded grants in District of Columbia, Delaware, North Carolina, New Jersey, Texas.

What size grants does Mankad Family Foundation award?

In 2024, Mankad Family Foundation awarded 5 grants totaling $1K — an average of about $289.8 per grant, based on its IRS Form 990 filings.

How much is Mankad Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mankad Family Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.