The Rina and Bharat Parikh Foundation Inc
The Rina and Bharat Parikh Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Trinity, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 14 grants totaling $201K. Net investment income was $489K.
Key facts about The Rina and Bharat Parikh Foundation Inc
- EIN
- 81-4791103
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $200,790
- Grants made (2024)
- 14
- Average grant
- $14,342
- Median grant
- $3,656
- New grantees (estimate)
- 50% first-time grantees (7 of 14, 2024)
- Total assets
- $3,698,523
- Primary geography
- California (37% 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 Rina and Bharat Parikh Foundation Inc funds
By grant dollars, the top recipient states for The Rina and Bharat Parikh Foundation Inc's 14 itemized 2024 grants were California (37%), Virginia (25%) and Texas (18%). The most frequent recipient cities were New York, NY (4 grants). 71% of grants with a stated purpose were for general or operating support.
Is The Rina and Bharat Parikh Foundation Inc open to new grantees?
50%
first-time grantees, 2024
In 2024, 7 of 14 grantees (50%) were first-time recipients. First grants averaged $2K; repeat grants $27K. How we count
Medians: $1K first-time, $10K repeat.
- 43% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 Rina and Bharat Parikh Foundation Inc
- How to evaluate The Rina and Bharat Parikh Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+7.9% YoY
Annual Giving
$201K
+9.5% YoY
Grant Count
14
+40.0% YoY
Avg Grant Size
$14K
-21.8% YoY
Under IRS private-foundation payout rules, The Rina and Bharat Parikh Foundation Inc reported a distributable amount of $242K for 2024 — the minimum it must pay out in qualifying distributions.
About The Rina and Bharat Parikh Foundation Inc
Based on IRS filings
The Rina and Bharat Parikh Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Trinity, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 14 grants totaling $201K. Net investment income was $489K.
Focus Areas
Ready to take the next step with The Rina and Bharat Parikh Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,698,523 | $3,426,701 | $3,442,364 |
| Revenue | $490,083 | $199,278 | $78,602 |
| Expenses | $218,261 | $214,941 | $257,548 |
| Qualifying Distributions | $200,790 | $11,097 | $226,009 |
| Net Investment Income | $489,092 | — | $26,233 |
| Distributable Amount | $242,055 | $202,317 | $178,976 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Sankara Eye Foundation ($75,000), Tragedy Assistance Program for Survivors ($50,150), Ekal Vidyalaya Foundation of USA ($36,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SANKARA EYE FOUNDATION Milptas, CA | GENERAL OPERATION | $75,000 |
| TRAGEDY ASSISTANCE PROGRAM FOR SURVIVORS Arlington, VA | SUPPORT FOR TAPSPROGRAM AND RESOURCESFOR FAMILIES OF AMERICAN FALLEN MILITARY HEROES | $50,150 |
| EKAL VIDYALAYA FOUNDATION OF USA Houston, TX | DONATION FOR SCHOOLS IN GUJARAT | $36,500 |
| Sakhi For South Asian Women New York, NY | ANTI VIOLENCE PROGRAM | $10,000 |
| NJ STATE PBA Woodbridge, NJ | GENERAL OPERATION | $10,000 |
| AMER ITAL CANCER FOUND WWW AMERICANI NY New York, NY | GENERAL OPERATION | $6,198 |
| LAD VANIK SAMAJ OF NORTH AMERICA South Plainfield, NJ | GENERAL OPEATION | $4,811 |
| DABHOI SAMAJ OF AMERICA Edison, NJ | GENERAL OPEATION | $2,500 |
| LETSGETREADYORG New York, NY | GENERAL OPEATION | $2,213 |
| EXPERIENCECAMPS ORG West Port, CT | General Opeation | $1,049 |
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 |
|---|---|---|---|
| Bharat Parikh | President | 2 | — |
| Rina Parikh | Vice President | 2 | — |
| Sagar Parikh | Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Rina and Bharat Parikh Foundation Inc?
The Rina and Bharat Parikh Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Trinity, FL. It holds $3.7M in total assets as of 2024.
How large is The Rina and Bharat Parikh Foundation Inc?
As of 2024, The Rina and Bharat Parikh Foundation Inc holds $3.7M in total assets with $490K in annual revenue. It awarded 14 grants totaling $201K in 2024.
Where does The Rina and Bharat Parikh Foundation Inc operate?
The Rina and Bharat Parikh Foundation Inc has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Maine, New Jersey, New York, Texas, Virginia.
What size grants does The Rina and Bharat Parikh Foundation Inc award?
In 2024, The Rina and Bharat Parikh Foundation Inc awarded 14 grants totaling $201K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Rina and Bharat Parikh Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rina and Bharat Parikh Foundation Inc reported a distributable amount of $242K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rina and Bharat Parikh Foundation Inc's EIN?
The Rina and Bharat Parikh Foundation Inc's EIN (Employer Identification Number) is 81-4791103. 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.