Vikalp Foundation Inc

Foundation · Grantmaker Old Brookville, NY EIN: 38-3667688

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

8states

Share of all 10 itemized 2024 grant dollars.

Cities

New YorkHicksvilleBellevilleWashingtonFreeholdHoustonMiddle VillageSugar LandAlpharettaChappaquaFlushingJamaicaLathropMilpitasNorth BethesdaPearlandPhiladelphiaRancho Palos VerdesRockawayRome

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K9 grants20208 grants20218 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Rome Health Foundation: $10KRome Health Foundation$10KHindu American Foundation: $6KHindu American Foundation$6KRajasthan Association of North Amer: $3KRajasthan Association of NorthAmer$3KArya Samaj: $2KArya Samaj$2KSri Veda Gayatri Temple: $1KSri Veda Gayatri Temple$1KAmarjeet Shastri: $501Amarjeet Shastri$501Dharmansh USA: $500Dharmansh USA$500Sankara Eye Foundation USA: $500Sankara Eye Foundation USA$500Rad M Agarwal MD Gastro Education: $500Rad M Agarwal MD GastroEducation$500Iali India Association of Long Isla: $100Iali India Association of LongIsla$100

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ROME HEALTH FOUNDATION Rome, NYCHARITABLE$10,000
HINDU AMERICAN FOUNDATION Philadelphia, PACHARITABLE$6,000
RAJASTHAN ASSOCIATION OF NORTH AMER Woodbury, NYCHARITABLE$3,001
ARYA SAMAJ Hicksville, NYCHARITABLE$1,800
SRI VEDA GAYATRI TEMPLE Lathrop, CACHARITABLE$1,000
AMARJEET SHASTRI Belleville, NJCHARITABLE$501
DHARMANSH USA Alpharetta, GACHARITABLE$500
SANKARA EYE FOUNDATION USA Milpitas, CACHARITABLE$500
RAD M AGARWAL MD GASTRO EDUCATION New York, NYCHARITABLE$500
IALI INDIA ASSOCIATION OF LONG ISLA Hicksville, NYCHARITABLE$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.5$1$1.520202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. 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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