Patel Family Foundation

WILMINGTON, DE EIN: 87-3741492

Patel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $237K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$237K

Annual Giving

$10K

Grant Count

2

Avg Grant Size

$5K

Under IRS private-foundation payout rules, Patel Family Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Patel Family Foundation

Based on IRS filings

Patel Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $237K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $24K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AthertonOwatonna

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$72K$143K$215K$286K202120222024
Metric202420222021
Total Assets$236,908$238,557$260,001
Revenue$26,221$-5,233$260,001
Expenses$20,881$16,211
Qualifying Distributions$18,557$14,185
Net Investment Income$23,897$1,612$1
Distributable Amount$12,506$11,617$342

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$10K0 grants20211 grants20222 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

MAJI WELLS$9KSACRED HEART SCHOOLS ATH…$1K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maji Wells ($9,000), Sacred Heart Schools Atherton ($1,001).

RecipientPurposeAmount
MAJI WELLS OWATONNA, MNGeneral & Unrestricted$9,000
SACRED HEART SCHOOLS ATHERTON ATHERTON, CASHS Annual Fund$1,001

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Diixa PatelDir, Sec, Treas1
Harit PatelDir, Pres1

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 WILMINGTON, DE. It holds $237K in total assets as of 2024.

How large is Patel Family Foundation?

As of 2024, Patel Family Foundation holds $237K in total assets with $26K in annual revenue. It awarded 2 grants totaling $10K in 2024.

Where does Patel Family Foundation operate?

Patel Family Foundation has awarded grants in California, Minnesota.

What size grants does Patel Family Foundation award?

In 2024, Patel Family Foundation awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Patel Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Patel Family Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Patel Family Foundation's EIN?

Patel Family Foundation's EIN (Employer Identification Number) is 87-3741492. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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