Saripalli Family Foundation Inc

LAWRENCE, KS EIN: 20-5868532

Saripalli Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAWRENCE, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $322K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$322K

+0.0% YoY

Annual Giving

$2K

Grant Count

Avg Grant Size

$603.333

Under IRS private-foundation payout rules, Saripalli Family Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Saripalli Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $3K (87%)

Kansas $500 (13%)

States

Alabama Kansas

Cities

LawrenceLewisville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$321,761	$321,761	$316,493
Revenue	$8,818	$8,361	$8,058
Expenses	$5,090	$2,837	$6,691
Qualifying Distributions	$1,810	—	$1,768
Net Investment Income	$4,068	$3,861	$4,058
Distributable Amount	$3,703	$3,641	$15,428

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Christ Community Church ($1,000), Hosa Kirana Karunya Care and Support Center ($585), Lawrence Community Shelter ($225).

Recipient	Purpose	Amount
Hosa Kirana Karunya Care and Support Center	Support for hostel for HIV-affected individuals	$585
Lawrence Community Shelter Lawrence, AL	Supplies for distribution during weather emergency	$225
Christ Community Church Lawrence, AL	General support Donation	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Suman Saripalli	Director	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Saripalli Family Foundation Inc?

Saripalli Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAWRENCE, KS. It holds $322K in total assets as of 2024.

How large is Saripalli Family Foundation Inc?

As of 2024, Saripalli Family Foundation Inc holds $322K in total assets with $9K in annual revenue. It awarded 3 grants totaling $2K in 2024.

Where does Saripalli Family Foundation Inc operate?

Saripalli Family Foundation Inc has awarded grants in Alabama, Kansas.

What size grants does Saripalli Family Foundation Inc award?

In 2024, Saripalli Family Foundation Inc awarded 3 grants totaling $2K — an average of about $603.333 per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Saripalli Family Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Saripalli Family Foundation Inc's EIN?

Saripalli Family Foundation Inc's EIN (Employer Identification Number) is 20-5868532. IRS Form 990 filing data is available on this page for 2020–2024.