The Narula Foundation Inc
The Narula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in West Orange, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 35 grants totaling $156K. Net investment income was $233K.
Key facts about The Narula Foundation Inc
- EIN
- 51-0660270
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $155,975
- Grants made (2024)
- 35
- Average grant
- $4,456
- Median grant
- $1,000
- New grantees (estimate)
- 23% first-time grantees (8 of 35, 2024)
- Total assets
- $1,949,543
- Primary geography
- New Jersey (58% 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 The Narula Foundation Inc funds
By grant dollars, the top recipient states for The Narula Foundation Inc's 35 itemized 2024 grants were New Jersey (58%), California (23%) and New York (10%). The most frequent recipient cities were New York, NY (8 grants), Montclair, NJ (5 grants) and West Orange, NJ (3 grants). None of its 35 grants with a stated purpose were described as general or operating support.
Is The Narula Foundation Inc open to new grantees?
23%
first-time grantees, 2024
In 2024, 8 of 35 grantees (23%) were first-time recipients. First grants averaged $3K; repeat grants $5K. How we count
Medians: $3K first-time, $1K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving grew 127% from 2021 to 2024. Method
- In 2024 it paid out 109% 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.
Next steps with The Narula Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+4.9% YoY
Annual Giving
$156K
-33.4% YoY
Grant Count
35
-14.6% YoY
Avg Grant Size
$4K
-22.0% YoY
Under IRS private-foundation payout rules, The Narula Foundation Inc reported a distributable amount of $146K for 2024 — the minimum it must pay out in qualifying distributions.
About The Narula Foundation Inc
Based on IRS filings
The Narula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in West Orange, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 35 grants totaling $156K. Net investment income was $233K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 35 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,949,543 | $1,858,836 | $2,049,397 |
| Revenue | $54,421 | $47,184 | $41,614 |
| Expenses | $188,146 | $268,332 | $186,420 |
| Qualifying Distributions | $158,875 | $237,025 | $150,700 |
| Net Investment Income | $233,226 | $41,027 | $177,542 |
| Distributable Amount | $145,756 | $133,926 | $152,589 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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
177 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include HMH Foundation ($35,000), Hackensack University Medical Center Foundation ($35,000), Community Food Bank of NJ ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HMH Foundation West Hollywood, CA | To support freespeech and civilliberties | $35,000 |
| Hackensack University Medical Center Foundation Hackensack, NJ | To supportmedical careand improvement | $35,000 |
| Community Food Bank of NJ Hillside, NJ | To supply foodto people inneed | $12,500 |
| Montclair Film Festival Montclair, NJ | To support independentfilm making | $7,500 |
| Toni's Kitchen Montclair, NJ | To supporthunger relief | $6,500 |
| Paper Mill Playhouse Millburn, NJ | To support theperforming arts | $5,500 |
| Ekal Vidyalya Foundation Houston, TX | To bring educationand village developmentto rural India | $5,475 |
| Women's Rugby Coaches & Referees Assoc Tucker, GA | To support womensathletics | $5,000 |
| Mental Health Assoc of NJ Montclair, NJ | To support mental health advocacy | $5,000 |
| The Metropolitan Museum of Art New York, NY | To support theperforming arts | $5,000 |
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 |
|---|---|---|---|
| Sudarshan K Narula | Trustee | 5 | — |
| Ankush Narula | Trustee | 3 | — |
| Ajay Narula | Trustee | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Narula Foundation Inc?
The Narula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in West Orange, NJ. It holds $1.9M in total assets as of 2024.
How large is The Narula Foundation Inc?
As of 2024, The Narula Foundation Inc holds $1.9M in total assets with $54K in annual revenue. It awarded 35 grants totaling $156K in 2024.
Where does The Narula Foundation Inc operate?
The Narula Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Iowa, Indiana, Michigan, New Jersey, New York, Oklahoma, South Dakota, Texas, Virginia.
What size grants does The Narula Foundation Inc award?
In 2024, The Narula Foundation Inc awarded 35 grants totaling $156K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Narula Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Narula Foundation Inc reported a distributable amount of $146K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Narula Foundation Inc's EIN?
The Narula Foundation Inc's EIN (Employer Identification Number) is 51-0660270. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.