Vaidya Family Foundation Inc

ORADELL, NJ EIN: 82-3554229

Vaidya Family Foundation Inc is a private foundation focused on Youth Development, based in ORADELL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $503K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $95K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$503K

+25.6% YoY

Annual Giving

$14K

-23.9% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$3K

+52.3% YoY

Under IRS private-foundation payout rules, Vaidya Family Foundation Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About Vaidya Family Foundation Inc

Based on IRS filings

Focus Areas

Youth Development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $58K (97%)

Texas $730 (1%)

Ohio $651 (1%)

Pennsylvania $602 (1%)

States

New Jersey Ohio Pennsylvania Texas

Cities

CincinnatiCladwellCliftonDaytonEdisonEnglewoodGarfieldHackensackHoustonKearnyMahwahNew JerseyNorth BergenOradellSchuylkill HavenWarren

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$503,298	$400,748	$293,695
Revenue	$95,440	$-5,075	$-14,593
Expenses	$17,889	$23,489	$18,132
Qualifying Distributions	$13,725	$18,025	$12,242
Net Investment Income	$95,440	$2,972	$3,113
Distributable Amount	$20,935	$17,060	$18,652

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hackensack Meridian Health ($10,000), Dwight Englewood School ($2,500), Bj Medical College Alumni Associati ($1,200).

Recipient	Purpose	Amount
BJ MEDICAL COLLEGE ALUMNI ASSOCIATI NEW JERSEY, NJ	CHARITABLE	$1,200
DWIGHT ENGLEWOOD SCHOOL ENGLEWOOD, NJ	CHARITABLE	$2,500
HACKENSACK MERIDIAN HEALTH EDISON, NJ	CHARITABLE	$10,000
SHIV SHAKTI TEMPLE GARFIELD, NJ	CHARITABLE	$25

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PRANAY VAIDYA	PRESIDENT	2	—
KAMINI VAIDYA	VICE PRESIDE	1	—
AMI VAIDYA	TREASURER	1	—
URMI MATHUR	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Youth Development

Frequently Asked Questions

What is Vaidya Family Foundation Inc?

Vaidya Family Foundation Inc is a private foundation focused on Youth Development, based in ORADELL, NJ. It holds $503K in total assets as of 2024.

How large is Vaidya Family Foundation Inc?

As of 2024, Vaidya Family Foundation Inc holds $503K in total assets with $95K in annual revenue. It awarded 4 grants totaling $14K in 2024.

Where does Vaidya Family Foundation Inc operate?

Vaidya Family Foundation Inc has awarded grants in New Jersey, Ohio, Pennsylvania, Texas.

What size grants does Vaidya Family Foundation Inc award?

In 2024, Vaidya Family Foundation Inc awarded 4 grants totaling $14K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Vaidya Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Vaidya Family Foundation Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.