The Sodhani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.9M in total assets. In 2024, it awarded 25 grants totaling $657K. Net investment income was $143K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
+12.7% YoY
Annual Giving
$657K
+207.7% YoY
Grant Count
25
+19.0% YoY
Avg Grant Size
$26K
+158.4% YoY
Under IRS private-foundation payout rules, The Sodhani Foundation Inc reported a distributable amount of $492K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sodhani Foundation Inc
Based on IRS filings
The Sodhani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.9M in total assets. In 2024, it awarded 25 grants totaling $657K. Net investment income was $143K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,909,535 | $7,908,203 | $7,083,300 |
| Revenue | $1,616,932 | $1,052,284 | $4,626,851 |
| Expenses | $714,949 | $227,381 | $60,849 |
| Qualifying Distributions | $846,035 | $213,555 | $55,260 |
| Net Investment Income | $142,999 | $129,750 | $65,138 |
| Distributable Amount | $491,810 | $318,289 | $216,547 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bharat Kalyan Pratishthan ($327,000), Foundation for Morristown Medical C ($170,500), Maheshwari Mahasabha of Na ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALS ARLINGTON, VA | CHARITABLE | $500 |
| ARSHA-VIDYA-PITHAM SAYLORSBURG, PA | CHARITABLE | $1,001 |
| BAPS BOYTON BEACH, FL | CHARITABLE | $121 |
| BHARAT KALYAN PRATISHTHAN BREA, CA | CHARITABLE | $327,000 |
| EKAL VIDYALAYA FOUNDATION USA HOUSTRON, TX | CHARITABLE | $1,095 |
| EMPLOYMENT HORIZONS INC CEDAR KNOLLS, NJ | CHARITABLE | $2,000 |
| FOUNDATION FOR MORRISTOWN MEDICAL C MORRISTOWN, NJ | CHARITABLE | $170,500 |
| FRANKLIN FOOD BANK SOMERSET, NJ | CHARITABLE | $500 |
| FRANKLIN TOWNSHIP BOARD OF ED SOMERSET, NJ | CHARITABLE | $10,000 |
| PRAYOG GROUP NORTH BRUNSWICK, NJ | CHARITABLE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIMAL SODHANI | PRESIDENT/VI | 5 | — |
| RAMKUNWAR SODHANI | SECRETARY | 5 | $22,100 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sodhani Foundation Inc?
The Sodhani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. It holds $8.9M in total assets as of 2024.
How large is The Sodhani Foundation Inc?
As of 2024, The Sodhani Foundation Inc holds $8.9M in total assets with $1.6M in annual revenue. It awarded 25 grants totaling $657K in 2024.
Where does The Sodhani Foundation Inc operate?
The Sodhani Foundation Inc has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Minnesota, North Carolina, New Jersey, New York, Oregon, Pennsylvania, Texas, Virginia, Washington.
What size grants does The Sodhani Foundation Inc award?
In 2024, The Sodhani Foundation Inc awarded 25 grants totaling $657K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is The Sodhani Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sodhani Foundation Inc reported a distributable amount of $492K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sodhani Foundation Inc's EIN?
The Sodhani Foundation Inc's EIN (Employer Identification Number) is 22-3738920. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sodhani Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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