Syal Foundation Inc

Private foundation · Grantmaker Shoreview, MN EIN: 41-1892773

Syal Foundation Inc is a private foundation focused on Human Services, based in Shoreview, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 9 grants totaling $106K. Net investment income was $167K.

Syal Foundation Inc at a glance

In short: Syal Foundation Inc gave $106K across 9 grants in 2025 (avg $12K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$106,000
+35.0% vs 2024
Grants made (2025)
9
+80.0% vs 2024
Average grant
$11,778
-25.0% vs 2024
Median grant
$5,000
Total assets
$2,324,413
+3.8% vs 2024
Primary geography
Minnesota (53% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

Who Syal Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

45 grants across all recorded years

42<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 45 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

AnokaChamplinCincinnatiEden PrairieHigh RidgeHillsboroHouse SpringsJenkintownLakevilleLouisvilleMaple GroveMinneapolisSaint Paul

How Syal Foundation Inc gives

  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants2020 5 grants2021 18 grants2022 8 grants2023 5 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $11K (2020) to $106K (2025). In 2025 it made 9 grants totaling $106K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
9 grants to individuals Recipients not named —$106,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,324,413$191,510$106,600$106,0009$106,600$166,510$119,376
2024$2,239,503$156,983$91,908$78,5005$91,908$156,983$106,511
2023$2,174,428$170,363$97,182$88,5008$97,182$120,363$102,856
2022$2,101,247$197,904$97,055$84,00018$97,055$96,293$100,055
2021$1,998,398$241,271$16,186$13,5005$16,186$86,198$94,053
2020$1,773,313$306,609$23,365$10,5005—$56,609$77,112

Under IRS private-foundation payout rules, Syal Foundation Inc reported a distributable amount of $119K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Syal Foundation Inc is led by Sanjay Syal, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sanjay Syal

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Devender K. Syal

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Daniel Carl (2020–2022) — Director
  • Former: Naveen Shani (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Syal Foundation Inc

How much does Syal Foundation Inc give each year?

Syal Foundation Inc gave $106K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $79K across 5 grants.

What is Syal Foundation Inc's typical grant size?

Syal Foundation Inc's median grant in 2025 was $5,000, and its average grant was $11,778, across 9 grants on its 2025 IRS Form 990-PF.

Where does Syal Foundation Inc give grants?

Syal Foundation Inc gives mostly in Minnesota: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (47%).

Does Syal Foundation Inc give general operating support?

Yes: 100% of Syal Foundation Inc's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Syal Foundation Inc?

Syal Foundation Inc reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $107K in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Syal Foundation Inc?

Syal Foundation Inc is a private foundation focused on Human Services, based in Shoreview, MN. It holds $2.3M in total assets as of 2025.

What is Syal Foundation Inc's EIN?

Syal Foundation Inc's EIN (Employer Identification Number) is 41-1892773. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 31, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 1, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 3, 2024)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 21, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 26, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Syal Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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