Sarokhan Family Foundation Inc is a private foundation focused on Education, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 6 grants totaling $13K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$163K
-0.9% YoY
Annual Giving
$13K
-10.7% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$2K
+48.8% YoY
Under IRS private-foundation payout rules, Sarokhan Family Foundation Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Sarokhan Family Foundation Inc
Based on IRS filings
Sarokhan Family Foundation Inc is a private foundation focused on Education, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 6 grants totaling $13K. Net investment income was $7K.
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 | $162,661 | $164,087 | $169,681 |
| Revenue | $6,841 | $7,018 | $6,783 |
| Expenses | $13,062 | $14,563 | $14,160 |
| Qualifying Distributions | $12,500 | $14,000 | $13,750 |
| Net Investment Income | $6,801 | $6,959 | $6,783 |
| Distributable Amount | $7,866 | $7,999 | $8,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harvard Medical School ($5,000), Diocese of Metuchen ($2,500), Myraid ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Harvard Medical School Cambridge, MA | General Operations | $5,000 |
| Diocese of Metuchen Metuchen, NJ | General Operations | $2,500 |
| Holy Family Hospital of Bethlehem F Washington, DC | General Operations | $1,000 |
| Triad Arts Ensemble Maplewood, NJ | General Operations | $1,000 |
| Myraid New York, NY | General Operations | $2,500 |
| Liberty Coroner Fire Company Liverty Corner, NJ | Fire Protection | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alan Sarokhan | President | 1 | — |
| Joseph Sarokhan | Treasurer | — | — |
| Emily Sarokhan | Co-Secretary | — | — |
| Alison Sarokhan | Co-Secretary | — | — |
| Carol Sarokhan | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sarokhan Family Foundation Inc?
Sarokhan Family Foundation Inc is a private foundation focused on Education, based in BASKING RIDGE, NJ. It holds $163K in total assets as of 2024.
How large is Sarokhan Family Foundation Inc?
As of 2024, Sarokhan Family Foundation Inc holds $163K in total assets with $7K in annual revenue. It awarded 6 grants totaling $13K in 2024.
Where does Sarokhan Family Foundation Inc operate?
Sarokhan Family Foundation Inc has awarded grants in District of Columbia, Massachusetts, Maryland, New Jersey, New York, Tennessee.
What size grants does Sarokhan Family Foundation Inc award?
In 2024, Sarokhan Family Foundation Inc awarded 6 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Sarokhan Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sarokhan Family Foundation Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sarokhan Family Foundation Inc's EIN?
Sarokhan Family Foundation Inc's EIN (Employer Identification Number) is 83-1451789. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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