The Shashi and Pratima Patel
The Shashi and Pratima Patel is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Satellite Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124K in total assets. In 2024, it awarded 7 grants totaling $47K. Net investment income was $4K.
Key facts about The Shashi and Pratima Patel
- EIN
- 20-1961173
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $46,523
- Grants made (2024)
- 7
- Average grant
- $6,646
- Median grant
- $1,001
- Total assets
- $124,495
- Primary geography
- Florida (96% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Shashi and Pratima Patel funds
By grant dollars, the top recipient states for The Shashi and Pratima Patel's 7 itemized 2024 grants were Florida (96%). The most frequent recipient cities were Melbourne, FL (3 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Public Welfare" (4 grants) and "Religious" (3 grants).
How The Shashi and Pratima Patel gives
- Giving grew 329% from 2021 to 2024. Method
- In 2024 it paid out 166% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Shashi and Pratima Patel
- How to evaluate The Shashi and Pratima Patel as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$124K
+18.5% YoY
Annual Giving
$47K
+32.0% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$7K
+13.1% YoY
Under IRS private-foundation payout rules, The Shashi and Pratima Patel reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About The Shashi and Pratima Patel
Based on IRS filings
The Shashi and Pratima Patel is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Satellite Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124K in total assets. In 2024, it awarded 7 grants totaling $47K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $124,495 | $105,023 | $129,516 |
| Revenue | $66,038 | $10,799 | $10,505 |
| Expenses | $46,566 | $35,292 | $12,318 |
| Qualifying Distributions | $46,523 | $35,250 | $12,281 |
| Net Investment Income | $3,816 | $3,105 | $3,005 |
| Distributable Amount | $27,999 | $22,371 | $21,328 |
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 7 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Manav Mandir ($33,071), Brevard Zoo ($10,000), Vraj Temple ($1,001).
| Recipient | Purpose | Amount |
|---|---|---|
| MANAV MANDIR Melbourne, FL | RELIGIOUS | $33,071 |
| BREVARD ZOO Melbourne, FL | PUBLIC WELFARE | $10,000 |
| VRAJ TEMPLE Schuylkill Haven, PA | RELIGIOUS | $1,001 |
| HARE KRISHNA VEDIC ACADEMY E Greenbush, NY | RELIGIOUS | $1,001 |
| MA KRUPA CHARITABLE FOUNDATION Indian Harbour Beach, FL | PUBLIC WELFARE | $1,000 |
| CHABAD OF THE SPACE & TREASURE COAS Satellite Beach, FL | PUBLIC WELFARE | $250 |
| BREVARD SYMPHONY ORCHESTRA Melbourne, FL | PUBLIC WELFARE | $200 |
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 |
|---|---|---|---|
| Shashikant Patel | President/Tr | — | — |
| Samir Patel | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Shashi and Pratima Patel?
The Shashi and Pratima Patel is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Satellite Beach, FL. It holds $124K in total assets as of 2024.
How large is The Shashi and Pratima Patel?
As of 2024, The Shashi and Pratima Patel holds $124K in total assets with $66K in annual revenue. It awarded 7 grants totaling $47K in 2024.
Where does The Shashi and Pratima Patel operate?
The Shashi and Pratima Patel has awarded grants in Florida, Georgia, New Jersey, New York, Pennsylvania, Tennessee.
What size grants does The Shashi and Pratima Patel award?
In 2024, The Shashi and Pratima Patel awarded 7 grants totaling $47K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Shashi and Pratima Patel required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shashi and Pratima Patel reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Shashi and Pratima Patel's EIN?
The Shashi and Pratima Patel's EIN (Employer Identification Number) is 20-1961173. 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.