Somaiya Family Foundation
SOMAIYA FAMILY FOUNDATION is a selective grantmaker that only funds pre-selected organizations, distributing $960K through 7 grants annually.
2023 Summary
$12.82M
Total Assets
$958,574
Funding Awarded
7
Grants Given
$25,000
Median Grant
$776,574
Largest Grant
$1,000
Smallest Grant
2023 Recipients
Recipient | Award | Location | Purpose |
---|---|---|---|
Schwab Charitable Fund | $776,574 | Orlando, FLORIDA | General Operating Support.Regarding The Gift Of Stock, Please See The Attached 8,083 Shares Amazon Common Stock, Gift Date 12/15/22.Cost $743,759; Fair Market Value $776,574. |
Foundation For Nih | $100,000 | Rockville, MARYLAND | General Operating Support |
Pratham Usa | $50,000 | Houston, TEXAS | General Operating Support |
Children's Inn At Nih | $25,000 | Bethesda, MARYLAND | General Operating Support |
India Development And Relief Fund | $5,000 | North Bethesda, MARYLAND | General Operating Support |
Friends Of Patients At Nih | $1,000 | Bethesda, MARYLAND | General Operating Support |
University Of Pennsylvania | $1,000 | Philadelphia, PENNSYLVANIA | General Operating Support |
-
FL
Florida
$776,574 -
MD
Maryland
$131,000 -
TX
Texas
$50,000 -
PA
Pennsylvania
$1,000
Contacts
Name | Phone | Title |
---|---|---|
JOLLY S SOMAIYA | 3057334642 | PRESIDENT |
JOLLY SOMAIYA | Signing Officer |
Historical Financials
Year | Total Assets | Total Giving | Grants | Median Grant | Max Grant | Min Grant |
---|---|---|---|---|---|---|
2023 | $12,819,986 | $958,574 | 7 | $25,000 | $776,574 | $1,000 |
2022 | $13,846,067 | $461,068 | 9 | $10,000 | $248,818 | $1,000 |
2021 | $13,845,804 | $138,350 | 9 | $5,000 | $53,000 | $1,000 |