Tara and Jay Panara Family Foundation
Tara and Jay Panara Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $660K in total assets. In 2024, it awarded 3 grants totaling $31K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$660K
-13.3% YoY
Annual Giving
$31K
+1.6% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$10K
-32.2% YoY
Under IRS private-foundation payout rules, Tara and Jay Panara Family Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Tara and Jay Panara Family Foundation
Based on IRS filings
Tara and Jay Panara Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $660K in total assets. In 2024, it awarded 3 grants totaling $31K. Net investment income was $21K.
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 | $660,057 | $761,113 | $667,822 |
| Revenue | $103,236 | $41,297 | $55,571 |
| Expenses | $45,168 | $42,364 | $44,667 |
| Qualifying Distributions | $45,168 | $42,364 | $43,845 |
| Net Investment Income | $21,115 | $19,798 | $18,580 |
| Distributable Amount | $32,215 | $37,210 | $33,120 |
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
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shree Uma Charitable ($30,000), Devotional Assoc of Yogeshwar ($500), Muni Seva Charitable Foundation Usa ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| DEVOTIONAL ASSOC OF YOGESHWAR ADDISON, IL | GIFT | $500 |
| SHREE UMA CHARITABLE | GIFT | $30,000 |
| MUNI SEVA CHARITABLE FOUNDATION USA DAYTON, OH | GIFT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jaysukhlal V Panara | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tara and Jay Panara Family Foundation?
Tara and Jay Panara Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. It holds $660K in total assets as of 2024.
How large is Tara and Jay Panara Family Foundation?
As of 2024, Tara and Jay Panara Family Foundation holds $660K in total assets with $103K in annual revenue. It awarded 3 grants totaling $31K in 2024.
Where does Tara and Jay Panara Family Foundation operate?
Tara and Jay Panara Family Foundation has awarded grants in Florida, Illinois, Ohio, Texas.
What size grants does Tara and Jay Panara Family Foundation award?
In 2024, Tara and Jay Panara Family Foundation awarded 3 grants totaling $31K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Tara and Jay Panara Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tara and Jay Panara Family Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tara and Jay Panara Family Foundation's EIN?
Tara and Jay Panara Family Foundation's EIN (Employer Identification Number) is 83-6562434. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Tara and Jay Panara Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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