Tarandi Foundation

Foundation · Grantmaker New York, NY EIN: 16-1314643

Tarandi Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 11 grants totaling $119K. Net investment income was $53K.

Key facts about Tarandi Foundation

EIN: 16-1314643
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $119,257
Grants made (2024): 11
Average grant: $10,842
Median grant: $2,000
New grantees (estimate): 30% first-time grantees (3 of 10, 2024)
Total assets: $1,308,533
Primary geography: Rhode Island (64% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Tarandi Foundation funds

By grant dollars, the top recipient states for Tarandi Foundation's 11 itemized 2024 grants were Rhode Island (64%) and New York (36%). The most frequent recipient cities were Oswego, NY (3 grants) and Providence, RI (2 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarships" (7 grants).

Is Tarandi Foundation open to new grantees?

30%

first-time grantees, 2024

In 2024, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $9K; repeat grants $13K. How we count

Medians: $6K first-time, $2K repeat.

70% of 2024 grantees were also funded in 2023. Method
Giving grew 73% from 2021 to 2024. Method
In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+0.2% YoY

Annual Giving

$119K

+50.3% YoY

Grant Count

+10.0% YoY

Avg Grant Size

$11K

+36.6% YoY

Under IRS private-foundation payout rules, Tarandi Foundation reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.

About Tarandi Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $77K (64%)

New York $43K (36%)

Share of all 11 itemized 2024 grant dollars.

States

New York Rhode Island

Cities

OswegoProvidenceCatoFultonHannibalMexicoNew YorkSandy CreekParishCincinnatusSyracuse

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,308,533	$1,305,908	$1,395,351
Revenue	$56,851	$52,132	$70,445
Expenses	$123,602	$82,925	$61,440
Qualifying Distributions	$120,335	$80,403	$59,986
Net Investment Income	$52,541	$48,706	$51,064
Distributable Amount	$107,691	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

47 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Brown University ($76,757 across 2 grants), Suny Oswego ($21,000), Fulton Sunrise Rotary Club ($7,000).

Recipient	Purpose	Amount
BROWN UNIVERSITY Providence, RI	EDUCATION SUPPORT	$67,309
SUNY OSWEGO Oswego, NY	SCHOLARSHIPS	$21,000
BROWN UNIVERSITY Providence, RI	EDUCATION SUPPORT	$9,448
FULTON SUNRISE ROTARY CLUB Fulton, NY	SCHOLARSHIPS	$7,000
APW CENTRAL SCHOOL DISTRICT Parish, NY	SCHOLARSHIPS	$6,000
HANNIBAL CENTRAL SCHOOL DISTRICT Hannibal, NY	SCHOLARSHIPS	$2,000
SANDY CREEK CENTRAL SCHOOL DISTRICT Sandy Creek, NY	SCHOLARSHIPS	$1,750
MEXICO CENTRAL SCHOOL DISTRICT Mexico, NY	SCHOLARSHIPS	$1,500
CATO MERIDIAN CENTRAL SCHOOL Cato, NY	SCHOLARSHIPS	$1,250
MINETTO ELEMENTARY SCHOOL Oswego, NY	PUBLIC SCHOOL SUPPORT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Neelesh R Shah	Trustee	2	—
Monica R Shah	Trustee	2	—

Frequently Asked Questions

How large is Tarandi Foundation?

As of 2024, Tarandi Foundation holds $1.3M in total assets with $57K in annual revenue. It awarded 11 grants totaling $119K in 2024.

Where does Tarandi Foundation operate?

Tarandi Foundation has awarded grants in New York, Rhode Island.

What size grants does Tarandi Foundation award?

In 2024, Tarandi Foundation awarded 11 grants totaling $119K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Tarandi Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tarandi Foundation reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.