Ricky and Diana Patel Foundation
Ricky and Diana Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$163K
+9.3% YoY
Annual Giving
$5K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5K
+0.0% YoY
Under IRS private-foundation payout rules, Ricky and Diana Patel Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Ricky and Diana Patel Foundation
Based on IRS filings
Ricky and Diana Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $2K.
Focus Areas
Ready to take the next step with Ricky and Diana Patel Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $162,745 | $148,888 | — |
| Revenue | $3,417 | $159,570 | $8,410 |
| Expenses | $10,616 | $11,256 | $8,410 |
| Qualifying Distributions | $10,616 | $5,000 | $500 |
| Net Investment Income | $2,047 | — | — |
| Distributable Amount | $8,024 | $704 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hookuaaina ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Hookuaaina Kailua, HI | Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ricky Patel | President | 3 | — |
| Diana Choi | Vice President | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ricky and Diana Patel Foundation?
Ricky and Diana Patel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds $163K in total assets as of 2024.
How large is Ricky and Diana Patel Foundation?
As of 2024, Ricky and Diana Patel Foundation holds $163K in total assets with $3K in annual revenue. It awarded 1 grants totaling $5K in 2024.
Where does Ricky and Diana Patel Foundation operate?
Ricky and Diana Patel Foundation has awarded grants in Hawaii.
What size grants does Ricky and Diana Patel Foundation award?
In 2024, Ricky and Diana Patel Foundation awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Ricky and Diana Patel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ricky and Diana Patel Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ricky and Diana Patel Foundation's EIN?
Ricky and Diana Patel Foundation's EIN (Employer Identification Number) is 88-2267586. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Ricky and Diana Patel Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Roy and Patricia Disney Family Foundation
BURBANK, CA
Assets
$151.4M
Grants
164
Total Given
$4.9M
Consuelo Zobel Alger Foundation
HONOLULU, HI
Assets
$206.5M
Grants
6
Total Given
$84K
Harold Kl Castle Foundation
KAILUA, HI
Assets
$171.3M
Grants
106
Total Given
$6.9M
Seto Foundation Co Hawaii
HONOLULU, HI
Assets
$2.5M
Grants
14
Total Given
$144K
Trustees of the Estate of Bernice Pauahi
HONOLULU, HI
Assets
$12.2B
Grants
134
Total Given
$45.2M
Donald P King Foundation
ATLANTA, GA
Assets
$395K
Grants
38
Total Given
$63K
The Harry and Jeanette Weinberg
OWINGS MILLS, MD
Assets
$1.8B
Grants
872
Total Given
$127.8M
Mcinerny Foundation--
HONOLULU, HI
Assets
$127.4M
Grants
1
Total Given
$5.8M
Kosasa Foundation
HONOLULU, HI
Assets
$159.4M
Grants
84
Total Given
$5.2M
Ward Village Foundation
THE WOODLANDS, TX
Assets
$21K
Grants
5
Total Given
$60K
Heimbinder Family Foundation
WESTLAKE, OH
Assets
$6.3M
Grants
87
Total Given
$270K
Hau'oli Mau Loa Foundation
HONOLULU, HI
Assets
$155.9M
Grants
28
Total Given
$6.8M
More Funders in Washington
Data last updated April 2026. Sourced from IRS Form 990-PF filings.