Patel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 8 grants totaling $107K. Net investment income was $74K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-26.2% YoY
Annual Giving
$107K
-4.5% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$13K
-52.2% YoY
About Patel Family Foundation
Based on IRS filings
Patel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 8 grants totaling $107K. Net investment income was $74K.
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 | $2,092,637 | $2,833,782 | $1,434,159 |
| Revenue | $561,916 | $542,933 | $563,876 |
| Expenses | $107,807 | $112,361 | $103,250 |
| Qualifying Distributions | $107,000 | $112,000 | $102,000 |
| Net Investment Income | $73,963 | $56,450 | $25,938 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Share and Care Foundation ($50,000), Share and Care Foundation ($20,000), Ase Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SHARE AND CARE FOUNDATION ROCHELLE PARK, NJ | GENERAL SUPPORT | $50,000 |
| ASE FOUNDATION LEESBURG, VA | GENERAL SUPPORT | $10,000 |
| RIKER HILL HSA LIVINGSTON, NJ | GENERAL SUPPORT | $2,000 |
| LIVINGSTON NEIGHBORS HELPING NEIGHBORS ROSELAND, NJ | GENERAL SUPPORT | $5,000 |
| ACLD FOUNDATION BETHPAGE, NY | GENERAL SUPPORT | $5,000 |
| THE VISHAL RAJU BHAGAT FOUNDATION KINGVILLE, TX | GENERAL SUPPORT | $5,000 |
| LEVA PATIDAR SAMAJ SCHOLARSHIP FOUNDATION BRENTWOOD, TN | GENERAL SUPPORT | $10,000 |
| SHARE AND CARE FOUNDATION ROCHELLE PARK, NJ | GENRAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BHARATBHUSAN PATEL | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Patel Family Foundation?
Patel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $2.1M in total assets as of 2024.
How large is Patel Family Foundation?
As of 2024, Patel Family Foundation holds $2.1M in total assets with $562K in annual revenue. It awarded 8 grants totaling $107K in 2024.
Where does Patel Family Foundation operate?
Patel Family Foundation has awarded grants in California, Florida, Illinois, North Carolina, New Jersey, New York, Tennessee, Texas, Virginia.
What size grants does Patel Family Foundation award?
In 2024, Patel Family Foundation awarded 8 grants totaling $107K — an average of about $13K per grant, based on its IRS Form 990 filings.
What is Patel Family Foundation's EIN?
Patel Family Foundation's EIN (Employer Identification Number) is 22-6731069. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Patel Family Foundation'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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