Gulati Family Foundation

Organization Overview

Gulati Family Foundation is located in Wilmington, DE. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulati Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Gulati Family Foundation generated $390.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $334.0k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Gulati Family Foundation has awarded 170 individual grants totaling $1,128,190. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $372
Dividends & Interest $44,664
Net Rental Income$0
Net Gain on Sale of Assets $345,822
Capital Gain Net Income $345,822
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $390,858

Grants Awarded

Over the last fiscal year, Gulati Family Foundation has awarded $275,667 in support to 30 organizations.

Grant RecipientAmount

CHESTNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: ENDOWMENT CAMPAIGN

$166,667

Pennsburg, PA

PURPOSE: GENERAL & UNRESTRICTED

$15,000

Bethlehem, PA

PURPOSE: ANNUAL FUND

$10,000

CHESTNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: CHARITABLE EVENT

$10,000

Pottstown, PA

PURPOSE: ANNUAL FUND

$10,000

PENNSYLVANIA STATE UNIVERSITY

PURPOSE: UNDERGRADUATE SCHOLARSHIP FUND

$10,000
View Grant Profile

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