Parikh Foundation Inc
Parikh Foundation Inc is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 3 grants totaling $166K. Net investment income was $873K.
Parikh Foundation Inc at a glance
In short: Parikh Foundation Inc gave $166K across 3 grants in 2024 (avg $55K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $165,780
- -15.4% vs 2023
- Grants made (2024)
- 3
- -50.0% vs 2023
- Average grant
- $55,260
- +69.1% vs 2023
- Median grant
- $65,000
- Total assets
- $3,261,115
- +58.6% vs 2023
- Primary geography
- Georgia (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Parikh Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was The Westminster Schools ($100K). Together the top 3 received $166K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 15 grants of 20 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Parikh Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2024, annual grant giving ranged from $90K (2020) to $196K (2023). In 2024 it made 3 grants totaling $166K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Westminster Schools Atlanta, GA | General Operating | $100,000 |
| University of Notre Dame Notre Dame, IN | General Operating | $65,000 |
| Start with One International Inc Hartford, AL | General Operating | $780 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,261,115 | $1,140,754 | $433,770 | $165,780 | 3 | $165,780 | $872,764 | $182,827 |
| 2023 | $2,056,526 | $557,194 | $197,723 | $196,030 | 6 | $196,030 | $555,501 | $147,052 |
| 2022 | $1,803,399 | $-1,801,703 | $1,236 | — | — | — | $34,534 | $153,272 |
| 2021 | $3,587,628 | $289,123 | $179,585 | $160,050 | 7 | $160,050 | $283,588 | $206,725 |
| 2020 | $3,479,020 | $717,911 | $113,009 | $90,000 | 4 | — | $701,909 | $157,112 |
Under IRS private-foundation payout rules, Parikh Foundation Inc reported a distributable amount of $183K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Parikh Foundation Inc is led by Ashi Parikh, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ashi Parikh
Director & President
On filings since 2020
2 hrs/week
No compensation reported
Tejal Parikh
Director, Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Parikh Foundation Inc
How much does Parikh Foundation Inc give each year?
Parikh Foundation Inc gave $166K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $196K across 6 grants.
What is Parikh Foundation Inc's typical grant size?
Parikh Foundation Inc's median grant in 2024 was $65,000, and its average grant was $55,260, across 3 grants on its 2024 IRS Form 990-PF.
Where does Parikh Foundation Inc give grants?
Parikh Foundation Inc gives mostly in Georgia: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Indiana (39%).
Does Parikh Foundation Inc give general operating support?
Yes: 100% of Parikh Foundation Inc's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Parikh Foundation Inc?
Parikh Foundation Inc reported $3.3M in total assets on its 2024 IRS Form 990-PF. It paid out $166K in qualifying distributions that year, against a required minimum of $183K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Parikh Foundation Inc's EIN?
Parikh Foundation Inc's EIN (Employer Identification Number) is 47-2576775. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 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 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 November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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