Rana Family Foundation Inc
Rana Family Foundation Inc is a private foundation based in HASTINGS HDSN, NY. Its 2024 filing reports 20 grants totaling $129,287, with all listed grant purposes described as charitable.
Key facts about Rana Family Foundation Inc
In short: Rana Family Foundation Inc gave $129K across 20 grants in 2024 (avg $6K), top state New Jersey. 55% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 83-3883588
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $129,287
- Grants made (2024)
- 20
- Average grant
- $6,464
- Median grant
- $500
- New grantees (estimate)
- 55% first-time grantees (11 of 20, 2024)
- Total assets
- $25,819
- Primary geography
- New Jersey (9% of itemized 2024 grant dollars)
- How to apply
- The filing says there is no pre-printed form and no deadline. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26K
+80.5% YoY
Annual Giving
$129K
+157.9% YoY
Grant Count
20
+66.7% YoY
Avg Grant Size
$6K
+54.7% YoY
Under IRS private-foundation payout rules, Rana Family Foundation Inc reported a distributable amount of $785 for 2024 — the minimum it must pay out in qualifying distributions.
Is Rana Family Foundation Inc open to new grantees?
55%
first-time grantees, 2024
In 2024, 11 of 20 grantees (55%) were first-time recipients. First grants averaged $1K; repeat grants $13K. How we count
Medians: $500 first-time, $500 repeat.
- 30% of 2024 grantees were also funded in 2023. Method
- Giving grew 87% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 filing lists grant purposes as “CHARITABLE PURPOSE.” Among its grantees, Khambhati Charity International describes its mission as supporting healthcare, education, food, and shelter for people affected by natural disasters, as well as providing an environmentally friendly crematorium. Feeding America says its mission is to advance change by ensuring equitable access to nutritious food. The Bronx County Medical Society describes its mission as promoting excellence and innovation in clinical care, education, and public policy.
Grantmaking
In 2024, the foundation reported 20 grants totaling $129,287. Grant amounts ranged from $50 to $94,075, with a median of $500. The largest grants included $94,075 to Shri Balashah Bava Sanstha, $11,030 to Khambhati Charity International, $10,000 to Jayesh C Rana, and $5,975 to Tulsi Farm. Other listed awards included $1,500 to ARCH, $1,494 to Janhit Charitable, $1,001 to Durga Temple, and $501 each to Feeding America and Spiritual Development Center Inc. The Bronx County Medical Society received $100 in 2024.
Review Cycle
. It lists Thakor C Rana as the person to contact and states that awards have no restrictions as long as they are for a charitable cause.
Ready to take the next step with Rana Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The 2024 filing’s recipient-state distribution lists New Jersey at 9%, Connecticut at 8%, New York at 3%, and Pennsylvania at 2%; it also shows a 79% share under an unspecified “?” state label. Named grantees in the filing include recipients in New Jersey, Connecticut, New York, Pennsylvania, Illinois, and other locations.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2020) to $129K (2024). In 2024 it made 20 grants totaling $129K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Shri Balashah Bava Sanstha ($94K). Together the top 10 received $127K.
Grant Size Distribution
92 grants across all recorded years
The most common grant size was under $50K: 91 grants of 92 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shri Balashah Bava Sanstha | Charitable Purpose | $94,075 |
| Khambhati Charity International Warren, NJ | Charitable Purpose | $11,030 |
| Jayesh C Rana Milford, CT | Charitable Purpose | $10,000 |
| Tulsi Farm | Charitable Purpose | $5,975 |
| Arch Paoli, PA | Charitable Purpose | $1,500 |
| Janhit Charitable | Charitable Purpose | $1,494 |
| Durga Temple White Plains, NY | Charitable Purpose | $1,001 |
| Feeding America Chicago, IL | Charitable Purpose | $501 |
| Spiritual Development Center Inc Forest Hills, NY | Charitable Purpose | $501 |
| Aarti Foundation Floral Park, NY | Charitable Purpose | $500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $25,819 | $151,108 | $139,597 | $129,287 | 20 |
| 2023 | $14,308 | $43,919 | $53,036 | $50,137 | 12 |
| 2022 | $23,425 | $23,202 | $70,340 | $65,384 | 22 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,819 | $14,308 | $23,425 |
| Revenue | $151,108 | $43,919 | $23,202 |
| Expenses | $139,597 | $53,036 | $70,340 |
| Qualifying Distributions | $129,287 | $50,137 | $65,384 |
| Distributable Amount | $785 | $612 | $1,807 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thakor C Rana as president, Usha T Rana as vice-president, Abhay Rana as secretary, and Akshya Rana as treasurer.
Rana Family Foundation Inc is led by Thakor C. Rana, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thakor C. Rana
President
On filings since 2020
1 hr/week
No compensation reported
Abhay Rana
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Akshya Rana
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Usha T. Rana
Vice President
On filings since 2020
0.5 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.
Contact
Application contact: Thakor C Rana
Mailing address: 50 Donald Dr, Hastings Hdsn, NY 10706
Phone: (718) 584-0555
Email: rana5555@aol.com
Frequently asked questions about Rana Family Foundation Inc
How much does Rana Family Foundation Inc give each year?
Rana Family Foundation Inc gave $129K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 12 grants.
What is Rana Family Foundation Inc's typical grant size?
Rana Family Foundation Inc's median grant in 2024 was $500, and its average grant was $6,464, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Rana Family Foundation Inc that year got $1K on average.
Where does Rana Family Foundation Inc give grants?
Rana Family Foundation Inc's top state is New Jersey, with 9% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Connecticut (8%). The most frequent recipient cities were New York, NY (2 grants).
Who are Rana Family Foundation Inc's largest grantees?
Rana Family Foundation Inc's largest 2024 grantees include Shri Balashah Bava Sanstha ($94,075), Khambhati Charity International ($11,030) and Jayesh C Rana ($10,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is Rana Family Foundation Inc?
Rana Family Foundation Inc reported $26K in total assets on its 2024 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $785 (roughly 5% of its investment assets).
What does Rana Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 filing lists grant purposes as “CHARITABLE PURPOSE.” See mission & focus areas ↑
How do I apply for a grant from Rana Family Foundation Inc?
The filing says there is no pre-printed form and no deadline. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rana Family Foundation Inc's EIN?
Rana Family Foundation Inc's EIN (Employer Identification Number) is 83-3883588. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Rana Family Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Rana Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health-access initiatives for disproportionately affected populations, including cancer, blood disorders, brain health, and clinical-trial participation, in the United States and internationally. In 2024, its median grant was $134,090, though awards varied widely; it says application materials are available upon request and advises organizations to contact it about the process, but does not state whether unsolicited requests are accepted.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Mutual of America Foundation
New York, NY
Assets
$136K
Grants
539
Total Given
$839K
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds nonprofits addressing economic mobility, wealth gaps, and urgent community needs, with priorities including homeownership, small businesses, education, quality jobs, and investment in underinvested communities. Its 2025 itemized grants had a median of $26,500, though awards vary widely; grants generally benefit Chicago-region residents, and the Trust directs applicants to open opportunities but does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds projects in areas including arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with some opportunities elsewhere. Its 2024 median grant was $20,000, though awards varied widely. It accepts applications through its open competitive grants program and selected RFPs or letters of interest; donor-advised funds do not accept proposals.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
More Funders in New York
Rana Family Foundation Inc down — hundreds of funders to go?