Palkhiwala Charitable Foundation Inc
Palkhiwala Charitable Foundation Inc is a private foundation, based in Somerset, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $121K in total assets. In 2025, it awarded 5 grants totaling $27K. Net investment income was $12K.
Palkhiwala Charitable Foundation Inc at a glance
In short: Palkhiwala Charitable Foundation Inc gave $27K across 5 grants in 2025 (avg $5K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,003
- +1593.0% vs 2024
- Grants made (2025)
- 5
- +150.0% vs 2024
- Average grant
- $5,401
- +577.2% vs 2024
- Median grant
- $1,000
- Total assets
- $121,313
- -0.0% vs 2024
- Primary geography
- New Jersey (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Palkhiwala Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Life Global Inc ($20K). Together the top 5 received $27K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Palkhiwala Charitable Foundation Inc gives
- Giving grew 771% from 2022 to 2025. Method
- In 2025 it paid out 351% of its IRS minimum distribution (the 5% rule). 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 $2K (2024) to $27K (2025). In 2025 it made 5 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Life Global Inc Paramus, NJ | Unrestricted Grant to Further the Donee's Exempt Purpose. | $20,000 |
| Share and Care Foundation for India Rochelle Park, NJ | Unrestricted Grant to Further the Donee's Exempt Purpose. | $5,000 |
| Jain Center of New Jersey Somerset, NJ | Unrestricted Grant to Further the Donee's Exempt Purpose. | $1,000 |
| Hindu Samaj of Mahwah Mahwah, NJ | Unrestricted Grant to Further the Donee's Exempt Purpose. | $752 |
| Muni Seva Charitable Foundation USA Inc Vandalia, OH | Unrestricted Grant to Further the Donee's Exempt Purpose. | $251 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $121,313 | $29,197 | $29,204 | $27,003 | 5 | $28,043 | $12,286 | $7,995 |
| 2024 | $121,320 | $16,884 | $3,536 | $1,595 | 2 | $2,566 | $3,693 | $7,709 |
| 2023 | $107,985 | $15,983 | $26,553 | $24,903 | 9 | $24,903 | $3,330 | — |
| 2022 | $118,560 | $11,412 | $4,813 | $3,101 | 4 | $3,101 | $2,819 | — |
| 2021 | $111,923 | $29,601 | $1,650 | — | — | — | $2,890 | — |
| 2020 | $94,726 | $12,227 | $25,124 | $23,601 | 4 | — | $2,134 | — |
Under IRS private-foundation payout rules, Palkhiwala Charitable Foundation Inc reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Palkhiwala Charitable Foundation Inc is led by Arun J. Palkhiwala, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Arun J. Palkhiwala
Trustee
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 Palkhiwala Charitable Foundation Inc
How much does Palkhiwala Charitable Foundation Inc give each year?
Palkhiwala Charitable Foundation Inc gave $27K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 2 grants.
What is Palkhiwala Charitable Foundation Inc's typical grant size?
Palkhiwala Charitable Foundation Inc's median grant in 2025 was $1,000, and its average grant was $5,401, across 5 grants on its 2025 IRS Form 990-PF.
Where does Palkhiwala Charitable Foundation Inc give grants?
Palkhiwala Charitable Foundation Inc gives mostly in New Jersey: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Palkhiwala Charitable Foundation Inc give general operating support?
Yes: 100% of Palkhiwala Charitable Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Palkhiwala Charitable Foundation Inc's largest grantees?
Palkhiwala Charitable Foundation Inc's largest 2025 grantees include Life Global Inc ($20,000), Share and Care Foundation for India ($5,000) and Jain Center of New Jersey ($1,000), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.
How large is Palkhiwala Charitable Foundation Inc?
Palkhiwala Charitable Foundation Inc reported $121K in total assets on its 2025 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is Palkhiwala Charitable Foundation Inc's EIN?
Palkhiwala Charitable Foundation Inc's EIN (Employer Identification Number) is 46-4215005. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 21, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
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