The Choksi Family Foundation

Private foundation · Grantmaker Northville, MI EIN: 84-4064450

The Choksi Family Foundation is a private foundation, based in Northville, MI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.8M in total assets. In 2025, it made $6K in qualifying distributions. Net investment income was $1.8M.

Key facts about The Choksi Family Foundation

EIN
84-4064450
Latest 990 filing
Form 990-PF, 2025
Total assets
$7,789,112

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$7.8M

+51.3% YoY

Revenue

$3.7M

+37.2% YoY

Qualifying Distributions

$6K

-95.8% YoY

Expenses

$38K

-73.3% YoY

Under IRS private-foundation payout rules, The Choksi Family Foundation reported a distributable amount of $336K for 2025 — the minimum it must pay out in qualifying distributions.

How The Choksi Family Foundation gives

  • Giving grew 26% from 2021 to 2024. Method
  • In 2025 it paid out 2% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

OaklandDetroitHoustonMuncieOak ParkRoyal OakSan FranciscoSchuylkill Haven

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M4 grants2021 3 grants2022 5 grants2023 1 grant2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $104K (2021) to $1.0M (2023). In 2024 it made 1 grant totaling $130K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

7<$50K$50–100K4$100–250K$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 13 (54%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$7,789,112$5,147,053$3,021,594
Revenue$3,749,056$2,731,914$77,660
Expenses$38,361$143,902$1,016,853
Qualifying Distributions$5,675$134,967$1,009,076
Net Investment Income$1,817,847$805,207$86,298
Distributable Amount$336,407$205,822$172,005

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Choksi Family Foundation is led by Kevin Choksi, President & Director since 2025 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kevin Choksi

    President & Director

    President, Treasurer & Director → President & Director, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nick Choksi

    Secretary & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kris Morris

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Cynthia Choksi (2021–2024) — Director

Data from IRS Form 990 filings, 2021–2025. "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 The Choksi Family Foundation

How large is The Choksi Family Foundation?

The Choksi Family Foundation reported $7.8M in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $336K (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.

Where does The Choksi Family Foundation operate?

The Choksi Family Foundation has awarded grants in California, Indiana, Michigan, Pennsylvania, Texas.

What is The Choksi Family Foundation's EIN?

The Choksi Family Foundation's EIN (Employer Identification Number) is 84-4064450. IRS Form 990 filing data is available on this page for 2021–2025.

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

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