Vikalp Foundation Inc
Vikalp Foundation Inc is a private foundation based in Old Brookville, New York. It reported making 10 charitable grants totaling $23,902 in 2024, to organizations and recipients in several states.
Vikalp Foundation Inc at a glance
In short: Vikalp Foundation Inc gave $24K across 10 grants in 2024 (avg $2K), mostly in New York. 70% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $23,902
- +77.5% vs 2023
- Grants made (2024)
- 10
- +0.0% vs 2023
- Average grant
- $2,390
- +77.5% vs 2023
- Median grant
- $751
- Total assets
- $400,887
- +7.7% vs 2023
- New grantees (estimate)
- 70% first-time grantees (7 of 10, 2024; small sample)
- Primary geography
- New York (64% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Vikalp Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. Its filing says to contact Vijaypal Arya with a written request stating the amount paid and purpose needed. It lists no restrictions on awards.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Vijaypal Arya
Mailing address: 12 Ridge Court, Old Brookville, NY 11545
Phone: (718) 326-0400
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Vikalp Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Rome Health Foundation ($10K). Together the top 10 received $24K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 45 grants of 45 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in New York (64%), Pennsylvania (25%), California (6%), New Jersey (2%), and Georgia (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Is Vikalp Foundation Inc open to new grantees?
70%
first-time grantees, 2024
In 2024, 7 of 10 grantees (70%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $2K; repeat grants $3K. How we count
Medians: $500 first-time, $2K repeat.
- 20% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13K (2023) to $36K (2022). In 2024 it made 10 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rome Health Foundation Rome, NY | Charitable | $10,000 |
| Hindu American Foundation Philadelphia, PA | Charitable | $6,000 |
| Rajasthan Association of North Amer Woodbury, NY | Charitable | $3,001 |
| Arya Samaj Hicksville, NY | Charitable | $1,800 |
| Sri Veda Gayatri Temple Lathrop, CA | Charitable | $1,000 |
| Amarjeet Shastri Belleville, NJ | Charitable | $501 |
| Dharmansh USA Alpharetta, GA | Charitable | $500 |
| Sankara Eye Foundation USA Milpitas, CA | Charitable | $500 |
| Rad M Agarwal MD Gastro Education New York, NY | Charitable | $500 |
| Iali India Association of Long Isla Hicksville, NY | Charitable | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $400,887 | $93,548 | $24,880 | $23,902 | 10 | $23,902 | $18,548 | $18,165 |
| 2023 | $372,217 | $69,808 | $14,857 | $13,469 | 10 | $13,469 | $9,808 | $16,843 |
| 2022 | $317,268 | $78,304 | $39,929 | $36,253 | 8 | $36,253 | $6,304 | $14,592 |
| 2021 | $278,893 | $27,357 | $26,008 | $24,751 | 8 | $24,751 | $17,357 | $13,461 |
| 2020 | $277,543 | $41,149 | $23,615 | $22,790 | 9 | — | $11,149 | $2,174 |
Under IRS private-foundation payout rules, Vikalp Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated missions include advancing understanding of Hinduism and protecting Hindu Americans’ rights and dignity (Hindu American Foundation), working to eradicate curable blindness in India (Sankara Eye Foundation USA), and promoting Hinduism’s universal message and Hindu Americans’ civil rights (Dharmansh USA).
Grantmaking
In 2024, the foundation made 10 grants totaling $23,902. Grant amounts ranged from $100 to $10,000, with a median of $750. Notable grants included $10,000 to Rome Health Foundation, $6,000 to Hindu American Foundation, $3,001 to Rajasthan Association of North America, and $1,800 to Arya Samaj.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Vijaypal Arya and Kalpana Arya as officers.
Vikalp Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kalpana Arya
Officer
On filings since 2020
No compensation reported
Vijaypal Arya
Officer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Vikalp Foundation Inc
How much does Vikalp Foundation Inc give each year?
Vikalp Foundation Inc gave $24K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 10 grants.
What is Vikalp Foundation Inc's typical grant size?
Vikalp Foundation Inc's median grant in 2024 was $751, and its average grant was $2,390, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Vikalp Foundation Inc that year got $2K on average.
Where does Vikalp Foundation Inc give grants?
Vikalp Foundation Inc gives mostly in New York: 64% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (25%) and California (6%). The most frequent recipient cities were Hicksville, NY (2 grants).
Does Vikalp Foundation Inc give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Vikalp Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (10 grants).
Who are Vikalp Foundation Inc's largest grantees?
Vikalp Foundation Inc's largest 2024 grantees include Rome Health Foundation ($10,000), Hindu American Foundation ($6,000) and Rajasthan Association of North Amer ($3,001), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is Vikalp Foundation Inc?
Vikalp Foundation Inc reported $401K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
What does Vikalp Foundation Inc fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Vikalp Foundation Inc?
The foundation states that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Vikalp Foundation Inc's EIN?
Vikalp Foundation Inc's EIN (Employer Identification Number) is 38-3667688. IRS Form 990 filing data is available on this page for 2020–2024.
Does Vikalp Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 3, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Vikalp Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Vikalp Foundation Inc's focus areas in our free grants database
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