The Jai & Somna Gulati Foundation
The Jai & Somna Gulati Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROBBINSVILLE, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 11 grants totaling $58K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29K
+77.6% YoY
Annual Giving
$58K
+1104.6% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$5K
+776.0% YoY
Under IRS private-foundation payout rules, The Jai & Somna Gulati Foundation reported a distributable amount of $830 for 2024 — the minimum it must pay out in qualifying distributions.
About The Jai & Somna Gulati Foundation
Based on IRS filings
The Jai & Somna Gulati Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROBBINSVILLE, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 11 grants totaling $58K.
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 | $28,626 | $16,119 | $16,359 |
| Revenue | $110,047 | $41,828 | $31,919 |
| Expenses | $99,593 | $46,650 | $15,560 |
| Qualifying Distributions | $94,995 | $48,755 | $21,347 |
| Net Investment Income | — | — | — |
| Distributable Amount | $830 | $481 | $261 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nava Narasimha Temple ($21,684), Sri Sai Narayana Organization ($20,400), Robbinsville High School ($5,583).
| Recipient | Purpose | Amount |
|---|---|---|
| BlinkNow Foundation Morristown, NJ | General Purpose | $263 |
| Westhab Inc Yonkers, NY | General Purpose | $251 |
| Robbinsville High School Robbinsville, NJ | General Purpose | $5,583 |
| Robbinsville Police Benevolent Asso Robbinsville, NJ | General Purpose | $259 |
| St Jude Children's Research Hospita New York, NY | General Purpose | $251 |
| Leap to Shine Monmouth Junction, NJ | General Purpose | $3,000 |
| Sri Sai Narayana Organization Manakin Sabot, VA | General Purpose | $20,400 |
| Sree Maha Lakshmi | General Purpose | $4,700 |
| Sri Sai Narayana Organization Manakin Sabot, VA | General Purpose | $1,023 |
| Robbinsville Township CARE Robbinsville, NJ | General Purpose | $875 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jai P Gulati | President | 5 | — |
| Somna J Gulati | VP & Secretary | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Jai & Somna Gulati Foundation?
The Jai & Somna Gulati Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROBBINSVILLE, NJ. It holds $29K in total assets as of 2024.
How large is The Jai & Somna Gulati Foundation?
As of 2024, The Jai & Somna Gulati Foundation holds $29K in total assets with $110K in annual revenue. It awarded 11 grants totaling $58K in 2024.
Where does The Jai & Somna Gulati Foundation operate?
The Jai & Somna Gulati Foundation has awarded grants in California, New Jersey, New York, Virginia.
What size grants does The Jai & Somna Gulati Foundation award?
In 2024, The Jai & Somna Gulati Foundation awarded 11 grants totaling $58K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Jai & Somna Gulati Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jai & Somna Gulati Foundation reported a distributable amount of $830 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jai & Somna Gulati Foundation's EIN?
The Jai & Somna Gulati Foundation's EIN (Employer Identification Number) is 88-1282106. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.