The Bansal Family Foundation Inc

JUPITER, FL EIN: 85-4282043

The Bansal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $562K in total assets. In 2024, it awarded 10 grants totaling $384K. Net investment income was $144K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$562K

-30.9% YoY

Annual Giving

$384K

+2.1% YoY

Grant Count

10

-47.4% YoY

Avg Grant Size

$38K

+93.9% YoY

Under IRS private-foundation payout rules, The Bansal Family Foundation Inc reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About The Bansal Family Foundation Inc

Based on IRS filings

The Bansal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $562K in total assets. In 2024, it awarded 10 grants totaling $384K. Net investment income was $144K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

BloomingdaleBoca RatonBrooklynChevy ChaseDeer ParkFlushingFremontJonesboroJupiterLouisvillePalm Beach GardensPlandomeSalt Lake CityTallahasseeTampaToms RiverWashingtonWellingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$107K$213K$320K$426K20232024
Metric20242023
Total Assets$561,871$812,712
Revenue$144,952$10,650
Expenses$387,653$381,433
Qualifying Distributions$386,370$379,757
Net Investment Income$143,849$8,974
Distributable Amount$67,769$33,412

Giving Over Time

Total grant dollars and number of grants per year

$0$96K$192K$288K$384K19 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RAJASTHAN MEDICAL ALUMNI…$313KAMERICAN RED CROSS$21KJUPITER MEDICAL CENTER F…$14KRAISING AWARENESS OF YOU…$13KAKSHAYA PATRA FOUNDATION…$11KASSOCIATION OF INDIANS I…$5KPALM BEACH INDIA ASSOCIA…$5KINDIAN RELIGIOUS & CULTU…$1KJUPITER TEQUESTA ATHLETI…$1KWELLINGTON COMMUNITY FOU…$1K

Grant Size Distribution

29 grants across all recorded years

27<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rajasthan Medical Alumni Association (rajmaa) ($313,000), American Red Cross ($20,500), Jupiter Medical Center Foundation ($14,000).

RecipientPurposeAmount
AKSHAYA PATRA FOUNDATION USA FREMONT, CAGENERAL SUPPORT$10,571
AMERICAN RED CROSS WASHINGTON, DCGENERAL SUPPORT$20,500
ASSOCIATION OF INDIANS IN AMERICA DEER PARK, NYGENERAL SUPPORT$5,000
INDIAN RELIGIOUS & CULTURE CENTER OF FLORIDA TAMPA, FLGENERAL SUPPORT$1,000
JUPITER MEDICAL CENTER FOUNDATION JUPITER, FLGENERAL SUPPORT$14,000
JUPITER TEQUESTA ATHLETIC ASSOCIATION JUPITER, FLGENERAL SUPPORT$1,000
PALM BEACH INDIA ASSOCIATION INC PALM BEACH GARDENS, FLGENERAL SUPPORT$5,000
RAISING AWARENESS OF YOUNG WOMEN WITH AUTISM INC WELLINGTON, FLGENERAL SUPPORT$12,535
RAJASTHAN MEDICAL ALUMNI ASSOCIATION (RAJMAA) PLANDOME, NYGENERAL SUPPORT$313,000
WELLINGTON COMMUNITY FOUNDATION WELLINGTON, FLGENERAL SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DR RAJENDRA K BANSALDIRECTOR2
DR URMILA MISTRYDIRECTOR2
MR SAMRIT ANISH BANSALDIRECTOR2
MRS NIKITA BANSAL GARBERDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Bansal Family Foundation Inc?

The Bansal Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. It holds $562K in total assets as of 2024.

How large is The Bansal Family Foundation Inc?

As of 2024, The Bansal Family Foundation Inc holds $562K in total assets with $145K in annual revenue. It awarded 10 grants totaling $384K in 2024.

Where does The Bansal Family Foundation Inc operate?

The Bansal Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Georgia, Illinois, Kentucky, Maryland, New Jersey, New York, Utah.

What size grants does The Bansal Family Foundation Inc award?

In 2024, The Bansal Family Foundation Inc awarded 10 grants totaling $384K — an average of about $38K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bansal Family Foundation Inc reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Bansal Family Foundation Inc's EIN?

The Bansal Family Foundation Inc's EIN (Employer Identification Number) is 85-4282043. IRS Form 990 filing data is available on this page for 2023–2024.

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

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