Somaiya Family Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Somaiya Family Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 84-4003529
Foundation Overview
Based in Miami Beach, FL, Somaiya Family Foundation has awarded 56 grants totaling $5,773,986 to organizations in Maryland, Texas and 7 other states across the US. Individual grants range from $1,000 to $776,574, with a median award of $25,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 of 9 recipients (22%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.
Geographic Focus
Grants are geographically diversified with 32% in Maryland and funding distributed across 9 total locations. This foundation values broad geographic impact and diverse community partnerships. Within Maryland, funding concentrates in Bethesda (61%), North Bethesda (22%), Rockville (17%).
Funding Trajectory
Strong 717% growth in annual giving over 4 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (70%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Somaiya Family Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Children's Inn At Nih | $200,000 | Bethesda, MD, US | General Operating Support | 2024 |
| Girls Inc Of New York City | $3,500 | New York, NY, US | General Operating Support | 2024 |
| Schwab Charitable Fund | $338,920 | Orlando, FL, US | General Operating Support | 2024 |
| Schwab Charitable Fund | $89,974 | Orlando, FL, US | General Operating Support | 2024 |
| Schwab Charitable Fund | $138,831 | Orlando, FL, US | General Operating Support | 2024 |
| Schwab Charitable Fund | $114,082 | Orlando, FL, US | General Operating Support | 2024 |
| Schwab Charitable Fund | $141,900 | Orlando, FL, US | General Operating Support | 2024 |
| Ascend Foundation | $3,605 | New York, NY, US | General Operating Support | 2024 |
| Miami University Health System | $100,000 | Miami, FL, US | Desai Sethi Medical Center | 2024 |
| Pratham Usa | $25,000 | Houston, TX, US | General Operating Support | 2023 |
| Schwab Charitable Fund | $460,590 | Orlando, FL, US | General Operating Support3,000 Shares Amazon Common Stock, Gift Date 12/22/23.cost - $276,046; Fair Market Value - $460,590. | 2023 |
| Schwab Charitable Fund | $91,845 | Orlando, FL, US | General Operating Support.650 Shares Alphabet Common Stock, Gift Date 12/22/23.cost - $69,131; Fair Market Value - $91,845. | 2023 |
| Girls Inc Of New York City | $6,582 | New York, NY, US | General Operating Foundation | 2023 |
| Pratham Usa | $25,000 | Houston, TX, US | General Operating Support | 2023 |
| Schwab Charitable Fund | $460,590 | Orlando, FL, US | General Operating Support3,000 Shares Amazon Common Stock, Gift Date 12/22/23.cost - $276,046; Fair Market Value - $460,590. | 2023 |
| Schwab Charitable Fund | $91,845 | Orlando, FL, US | General Operating Support.650 Shares Alphabet Common Stock, Gift Date 12/22/23.cost - $69,131; Fair Market Value - $91,845. | 2023 |
| Girls Inc Of New York City | $6,582 | New York, NY, US | General Operating Foundation | 2023 |
| Friends Of Patients At Nih | $1,000 | Bethesda, MD, US | General Operating Support | 2022 |
| India Development And Relief Fund | $5,000 | North Bethesda, MD, US | General Operating Support | 2022 |
| Pratham Usa | $50,000 | Houston, TX, US | General Operating Support | 2022 |
| Schwab Charitable Fund | $776,574 | Orlando, FL, US | 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. | 2022 |
| Children's Inn At Nih | $25,000 | Bethesda, MD, US | General Operating Support | 2022 |
| University Of Pennsylvania | $1,000 | Philadelphia, PA, US | General Operating Support | 2022 |
| Foundation For Nih | $100,000 | Rockville, MD, US | General Operating Support | 2022 |
| Friends Of Patients At Nih | $1,000 | Bethesda, MD, US | General Operating Support | 2022 |
| India Development And Relief Fund | $5,000 | North Bethesda, MD, US | General Operating Support | 2022 |
| Pratham Usa | $50,000 | Houston, TX, US | General Operating Support | 2022 |
| Schwab Charitable Fund | $776,574 | Orlando, FL, US | 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. | 2022 |
| Children's Inn At Nih | $25,000 | Bethesda, MD, US | General Operating Support | 2022 |
| University Of Pennsylvania | $1,000 | Philadelphia, PA, US | General Operating Support | 2022 |
| Foundation For Nih | $100,000 | Rockville, MD, US | General Operating Support | 2022 |
| Friends Of Patients At Nih | $1,000 | Bethesda, MD, US | General Operating Support | 2022 |
| India Development And Relief Fund | $5,000 | North Bethesda, MD, US | General Operating Support | 2022 |
| Pratham Usa | $50,000 | Houston, TX, US | General Operating Support | 2022 |
| Schwab Charitable Fund | $776,574 | Orlando, FL, US | 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. | 2022 |
| Children's Inn At Nih | $25,000 | Bethesda, MD, US | General Operating Support | 2022 |
| University Of Pennsylvania | $1,000 | Philadelphia, PA, US | General Operating Support | 2022 |
| Foundation For Nih | $100,000 | Rockville, MD, US | General Operating Support | 2022 |
| American Heart Association | $5,000 | Arlington, VA, US | General Operating Support | 2021 |
| Friends Of Patients At Nih | $1,000 | Bethesda, MD, US | General Operating Support | 2021 |
| Pratham Usa | $75,000 | Houston, TX, US | General Operating Support | 2021 |
| The Children's Inn | $10,000 | Bethesda, MD, US | General Operating Support | 2021 |
| Wheels Global Foundation | $15,000 | Reston, VA, US | General Operating Foundation | 2021 |
| Healthnet Foundation | $5,000 | Indianapolis, IN, US | General Operating Foundation | 2021 |
| Schwab Charitable Fund | $100,250 | Orlando, FL, US | General Operating Support | 2021 |
| Schwab Charitable Fund | $248,818 | Orlando, FL, US | General Operating Support.regarding The Gift Of Stock, Please See The Attached 75 Shares Amazon Common Stock, Gift Date 12/15/21.cost - $153,699; Fair Market Value - $248,818. | 2021 |
| University Of Pennsylvania | $1,000 | Philadelphia, PA, US | General Operating Support | 2021 |
| American Heart Association | $16,000 | Arlington, VA, US | General Operating Support | 2020 |
| Pratham Usa | $52,500 | Houston, TX, US | General Operating Support | 2020 |
| Asha Inc | $5,000 | Portland, OR, US | General Operating Support | 2020 |
| India Development And Relief Fund | $5,150 | North Bethesda, MD, US | General Operating Support | 2020 |
| St Jude Children's Research Hospital | $3,700 | Memphis, TN, US | General Operating Support | 2020 |
| The Children's Inn | $53,000 | Bethesda, MD, US | General Operating Support | 2020 |
| Friends At Nih | $1,000 | Bethesda, MD, US | General Operating Support | 2020 |
| Virginia Tech Foundation | $1,000 | Blacksburg, VA, US | General Operating Support | 2020 |
| Inova Health Foundation | $1,000 | Falls Church, VA, US | General Operating Support | 2020 |
Foundations Similar to Somaiya Family Foundation
Discover 5 foundations with comparable assets ($14,154,465-$14,457,690), similar grant patterns, and geographic focus in FL that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Lewis Family Trust
EIN: 22-6885462 | 263 grants awarded |
$14,318,855
(≈ Similar) |
$20,000
median grant |
Palm Beach, FL
Same state |
|
|
James And Brenda Hoyt Foundation
EIN: 65-0754834 | 35 grants awarded |
$14,457,690
(≈ Similar) |
$20,000
median grant |
Sarasota, FL
Same state |
|
|
The Td & Ma O'malley Foundation Inc
EIN: 06-1157580 | 133 grants awarded |
$14,192,234
(≈ Similar) |
$50,000
median grant |
West Palm Beach, FL
Same state |
|
|
Norcross Foundation Inc
EIN: 46-2442626 | 99 grants awarded |
$14,158,386
(≈ Similar) |
$50,000
median grant |
Jacksonville, FL
Same state |
|
|
Five Stones Fund Inc
EIN: 52-1300277 | 281 grants awarded |
$14,154,465
(≈ Similar) |
$12,500
median grant |
St Petersburg, FL
Same state |
|
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Contact Information
Official contact details for Somaiya Family Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 84-4003529 |
| Website | N/A |
| Address | 102 24TH ST PH 1707 Miami Beach, FL 33139-1770 |
Key People (1)
Board members, trustees, and key staff who oversee Somaiya Family Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President/director | Jolly S Somaiya |
|---|
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Somaiya Family Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
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