Narula Foundation Inc

SOMERSET, NJ EIN: 22-3829578

Narula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $427K in total assets. In 2024, it awarded 32 grants totaling $7K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$427K

+1.9% YoY

Annual Giving

$7K

-65.7% YoY

Grant Count

32

+52.4% YoY

Avg Grant Size

$231.656

-77.5% YoY

About Narula Foundation Inc

Based on IRS filings

Narula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $427K in total assets. In 2024, it awarded 32 grants totaling $7K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BabertonBooneGlendaleGlendoraIndiaJacksonvilleJersey CityKnoxvilleLa JollaLos AngelesLynwoodMemphisPlainfieldRiversideSacramentoSan DiegoSanta Fe SpringsSherman OaksSomersetWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$24K$36K$48K20202021202220232024
Metric202420232022
Total Assets$426,769$418,862$441,651
Revenue$22,535$5,206$41,052
Expenses$14,628$27,995$16,137
Qualifying Distributions$7,413$21,610$9,250
Net Investment Income$26,743$8,341$43,265
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K29 grants202021 grants202140 grants202221 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNICEF$500ST JUDES CHILDRENS RESEA…$500UNICEF$500CHILDRENS HOSPITAL OF LA$500MARTHA SALAZAR$500SHRINERS HOSPITAL FOR CH…$500ARYA BAL GREH DARYA$397AMERICAN RED CROSS$300CONVENT HOUSE$300ARMAN ROY FOUNDATION$300

Grant Size Distribution

143 grants across all recorded years

143<$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
VIR NARULAPresident
ANISHA NARULASecretary
RATTAN BAKSHITrustee
VERU NARULATrustee

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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