Modi Family Foundation Inc
Modi Family Foundation Inc is a private foundation based in Monmouth Junction, New Jersey. Its 2025 filing describes a scholarship application process for students and says preference is given to students from the South Brunswick, New Jersey area.
Modi Family Foundation Inc at a glance
In short: Modi Family Foundation Inc gave $24K across 14 grants in 2025 (avg $2K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,613
- +108.1% vs 2024
- Grants made (2025)
- 14
- +75.0% vs 2024
- Average grant
- $1,687
- +18.9% vs 2024
- Median grant
- $2,000
- Total assets
- $257,456
- -14.0% vs 2024
- Primary geography
- New Jersey (89% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Modi Family Foundation Inc
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Its filing says a scholarship application should include the applicant’s name, address, email, and telephone number; proof of enrollment at an educational institution; transcripts; family financial information; two letters of recommendation; and information about community service. Applicants must have a minimum GPA of 3.70. Grants are paid directly to educational institutions. Preference is given to students from the South Brunswick, New Jersey area.
- Review Cycle
- April 30. The filing does not specify a year for this deadline.
- Deadline
- April 30.
- Contact
Application contact: Sandeep P Modi
Mailing address: 14 Joseph Ct, Monmouth Junction, NJ 08852
Phone: (732) 674-1564
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Modi Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Kiran Sharma ($1K across 2 grants). Together the top 4 received $2K.
Organizations only. It also paid 9 individual scholarships ($21,229), which are not listed by name.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 89% of grant dollars went to recipients in New Jersey. It also states that preference is given to students from the South Brunswick, New Jersey area.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
How Modi Family Foundation Inc gives
- Giving grew 276% from 2022 to 2025. 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 2025, annual grant giving ranged from $4K (2023) to $24K (2025). In 2025 it made 14 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 9 individual scholarships Recipients not named | — | $21,229 |
| Yeshvi Tushar Mody | Household Help | $693 |
| Kiran Sharma | Housing Assistance | $688 |
| Kiran Sharma | Hospital Expenses | $560 |
| Ragani Rajendra Mestry | Housing Assistance | $343 |
| Special Olympics Austin, TX | Promoting Sports | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $257,456 | $104,576 | $24,791 | $23,613 | 14 | $103,647 | $13,334 |
| 2024 | $299,217 | $10,613 | $12,726 | $11,345 | 8 | $10,373 | $15,222 |
| 2023 | $257,431 | $10,138 | $9,086 | $4,036 | 4 | — | $15,317 |
| 2022 | $309,383 | $9,021 | $6,616 | $6,282 | 4 | — | $25,841 |
| 2021 | $264,877 | $8,088 | $14,276 | $13,857 | 11 | $8,088 | $25,163 |
| 2020 | $271,065 | $7,772 | $17,815 | $17,726 | 11 | $7,772 | $12,706 |
Under IRS private-foundation payout rules, Modi Family Foundation Inc reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation gave 14 grants totaling $23,613. Grant amounts ranged from $100 to $4,000, with a median of $2,000. The largest awards included individual scholarships of $4,000 for the University of Pennsylvania and $4,000 for American University, plus $3,000 for Rutgers University. Other reported scholarship awards went to the University of Michigan, NJIT, Brown University, and Rutgers University. The filing also lists smaller grants for household help, housing assistance, and hospital expenses.
Leadership & Key People
Leadership team and compensation from IRS filings
Sandeep Modi is listed as president on the 2025 filing.
Modi Family Foundation Inc is led by Sandeep P. Modi, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Sandeep P. Modi
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Modi Family Foundation Inc
How much does Modi Family Foundation Inc give each year?
Modi Family Foundation Inc gave $24K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 8 grants.
What is Modi Family Foundation Inc's typical grant size?
Modi Family Foundation Inc's median grant in 2025 was $2,000, and its average grant was $1,687, across 14 grants on its 2025 IRS Form 990-PF.
Where does Modi Family Foundation Inc give grants?
Modi Family Foundation Inc gives mostly in New Jersey: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Modi Family Foundation Inc give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Modi Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Modi Family Foundation Inc's largest grantees?
Modi Family Foundation Inc's largest 2025 grantees include Kiran Sharma ($1,248 across 2 grants), Yeshvi Tushar Mody ($693) and Ragani Rajendra Mestry ($343), according to its 2025 IRS Form 990-PF. It also paid 9 individual scholarships ($21,229), which are not listed by name. Together they received 10% of its itemized 2025 grant dollars.
How large is Modi Family Foundation Inc?
Modi Family Foundation Inc reported $257K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $105K.
How do I apply for a grant from Modi Family Foundation Inc?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Modi Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Modi Family Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Modi Family Foundation Inc's EIN?
Modi Family Foundation Inc's EIN (Employer Identification Number) is 47-2444815. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Modi Family Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Modi Family Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Modi Family Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/modi-family-foundation-inc-morg_293037b1a87c47d5ae1d569b68415bcd
BibTeX
@misc{grantable_472444815_2026,
author = {{Grantable}},
title = {{Modi Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/modi-family-foundation-inc-morg_293037b1a87c47d5ae1d569b68415bcd},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Modi Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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