Pani Foundation Inc 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 $3.3M in total assets. In 2024, it awarded 5 grants totaling $260K. Net investment income was $239K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+1.8% YoY
Annual Giving
$260K
+13.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$52K
+35.7% YoY
Under IRS private-foundation payout rules, Pani Foundation Inc reported a distributable amount of $447K for 2024 — the minimum it must pay out in qualifying distributions.
About Pani Foundation Inc
Based on IRS filings
Pani Foundation Inc 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 $3.3M in total assets. In 2024, it awarded 5 grants totaling $260K. Net investment income was $239K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,269,051 | $3,210,641 | $3,051,488 |
| Revenue | $705,037 | $764,903 | $583,675 |
| Expenses | $358,423 | $317,135 | $298,753 |
| Qualifying Distributions | $340,643 | $303,458 | $277,074 |
| Net Investment Income | $239,424 | $151,515 | $180,265 |
| Distributable Amount | $446,763 | $325,140 | $291,402 |
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
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pratham Usa ($80,000), St Jude India Childcare Centres Usa ($60,000), The Smile Train ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Heart of Hope &El Shaddai Charitable Tr Colorado Springs, CO | CHARITABLE PURPOSES | $30,000 |
| ST JUDE INDIA CHILDCARE CENTRES USA PHOENIX, AZ | CHARITABLE PURPOSES | $60,000 |
| PRATHAM USA HOUSTON, TX | CHARITABLE PURPOSES | $80,000 |
| THE SMILE TRAIN NEW YORK, NY | CHARITABLE PURPOSES | $60,000 |
| THE GOONJ FOUNDATION SANTA BARBARA, CA | CHARITABLE PURPOSES | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| POONAM MITTAL | President | 5 | — |
| AJAI PURI | VP & TREASURER | 5 | — |
| KARISHMA ISHA PURI | MANAGER | 20 | $60,000 |
| MICHELLE BEALE | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pani Foundation Inc?
Pani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $3.3M in total assets as of 2024.
How large is Pani Foundation Inc?
As of 2024, Pani Foundation Inc holds $3.3M in total assets with $705K in annual revenue. It awarded 5 grants totaling $260K in 2024.
Where does Pani Foundation Inc operate?
Pani Foundation Inc has awarded grants in Arizona, California, Colorado, New York, Pennsylvania, Texas, Washington.
What size grants does Pani Foundation Inc award?
In 2024, Pani Foundation Inc awarded 5 grants totaling $260K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Pani Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pani Foundation Inc reported a distributable amount of $447K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pani Foundation Inc's EIN?
Pani Foundation Inc's EIN (Employer Identification Number) is 26-3574876. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pani Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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