Vikalp Foundation Inc
Vikalp Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Old Brookville, NY. IRS filing data is available from 2020 through 2024. In 2024, it awarded 10 grants totaling $24K.
Key facts about Vikalp Foundation Inc
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 filing.
- EIN
- 38-3667688
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $23,902
- Grants made (2024)
- 10
- Average grant
- $2,390
- Median grant
- $751
- New grantees (estimate)
- 70% first-time grantees (7 of 10, 2024)
- Primary geography
- New York (64% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
—
Annual Giving
$24K
+77.5% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$2K
+77.5% YoY
Is Vikalp Foundation Inc open to new grantees?
70%
first-time grantees, 2024
In 2024, 7 of 10 grantees (70%) were first-time recipients. 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
Estimate from itemized grant lists in IRS Form 990 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
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
45 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
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 filing. 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 filing. 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 filing 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 filing 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 filing. Together they received 79% of its itemized 2024 grant dollars.
What is Vikalp Foundation Inc?
Vikalp Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Old Brookville, NY. It holds — in total assets as of 2024.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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