Palkhiwala Charitable Foundation Inc
Palkhiwala Charitable 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 $121K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$121K
+12.3% YoY
Annual Giving
$2K
-93.6% YoY
Grant Count
2
-77.8% YoY
Avg Grant Size
$797.5
-71.2% YoY
About Palkhiwala Charitable Foundation Inc
Based on IRS filings
Palkhiwala Charitable 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 $121K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $4K.
Focus Areas
Ready to take the next step with Palkhiwala Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $121,320 | $107,985 | $118,560 |
| Revenue | $16,884 | $15,983 | $11,412 |
| Expenses | $3,536 | $26,553 | $4,813 |
| Qualifying Distributions | $2,566 | $24,903 | $3,101 |
| Net Investment Income | $3,693 | $3,330 | $2,819 |
| Distributable Amount | $7,709 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARUN J PALKHIWALA | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Palkhiwala Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities