The Shantilal and Chandrakanta

Private foundation · Grantmaker Satellite Beach, FL EIN: 46-1757445

The Shantilal and Chandrakanta is a private foundation, based in Satellite Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5K in total assets.

Key facts about The Shantilal and Chandrakanta

EIN
46-1757445
Latest 990 filing
Form 990-PF, 2025
Total assets
$4,783

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5K

+17.9% YoY

Revenue

$1K

Expenses

$274

-76.2% YoY

Under IRS private-foundation payout rules, The Shantilal and Chandrakanta reported a distributable amount of $240 for 2025 — the minimum it must pay out in qualifying distributions.

How The Shantilal and Chandrakanta gives

  • Giving fell 99% from 2021 to 2024. Method
  • In 2024 it paid out 17% 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

6states

Cities

West OrangeTemple CityMelbourneAlbanyFlushingLathamNew YorkChicagoElmhurstHaines FallsLoudonvilleNazareth

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K5 grants2019 5 grants2020 8 grants2021 1 grant2022 5 grants2023 1 grant2024 0 grants2025

From 2019 to 2024, annual grant giving ranged from $39 (2024) to $20K (2023). In 2024 it made 1 grant totaling $39.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

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$10K$20K$30K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,783$4,057$5,208
Revenue$1,000—$17,004
Expenses$274$1,151$20,245
Qualifying Distributions—$39$20,241
Net Investment Income——$4
Distributable Amount$240$224$265

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

The Shantilal and Chandrakanta is led by Shantilal Lunia, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Shantilal Lunia

    President

    On filings since 2019

    No compensation reported

  • Anjali Lunia Williamson

    Director

    On filings since 2019

    No compensation reported

  • Chandrakanta Lunia

    Director

    On filings since 2019

    No compensation reported

  • Vikas Lunia

    Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Shantilal and Chandrakanta

How large is The Shantilal and Chandrakanta?

The Shantilal and Chandrakanta reported $5K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1K.

Where does The Shantilal and Chandrakanta operate?

The Shantilal and Chandrakanta has awarded grants in California, Florida, Illinois, New Jersey, New York, Pennsylvania.

How much is The Shantilal and Chandrakanta required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Shantilal and Chandrakanta reported a distributable amount of $240 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shantilal and Chandrakanta's EIN?

The Shantilal and Chandrakanta's EIN (Employer Identification Number) is 46-1757445. IRS Form 990 filing data is available on this page for 2019–2025.

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

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