Vivek Garipalli Family Foundation Inc
COLTS NECK, NJ EIN: 61-1578304
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.3M
+3.8% YoY
Annual Giving
$26K
+127.7% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$7K
-43.1% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,307,322 | $1,259,210 | $1,238,724 |
| Revenue | $80,529 | $34,137 | $5,677 |
| Expenses | $27,880 | $13,651 | $210,257 |
| Qualifying Distributions | $26,709 | $12,371 | $210,000 |
| Net Investment Income | $79,819 | $33,186 | $5,677 |
| Distributable Amount | $63,259 | $61,641 | $62,381 |
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
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Vivek Garipalli Family Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIVEK GARIPALLI | PRESIDENT/DIRECTOR | 1 | — |
| LAXMIPATHI GARIPALLI | TREASURER/DIRECTOR | 1 | — |
| LAKSHMI GARIPALLI | SECRETARY/DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
New Jersey $304K (47%)
New York $232K (36%)
Oklahoma $100K (15%)
Georgia $10K (2%)
California $6K (1%)
South Carolina $1K (0%)
North Carolina $250 (0%)
Cities
CarlsbadCashiersCobbtownColts NeckColumbiaFranklin SquareJersey CityNew JerseyNew YorkOklahoma CityPort WashingtonSanta AnaSouthampton
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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