Somaiya Family Foundation
Preselected recipients only
Somaiya Family Foundation is a private foundation in Miami Beach, Florida. In tax year 2024 it gave $1.1 million in 9 grants; the typical grant was $114,082 and the largest $338,920. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.1 million
- Number of grants9
- Typical grant$114,082
- Largest grant$338,920
- Assets$15.7 million
- New grantees60%
Giving in 2024 was up from $584,017 the year before.
60% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $584,017 | 4 | $14.4 million |
| 2024 | $1.1 million | 9 | $15.7 million |
How to apply
Somaiya Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Somaiya Family Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 6 | $923,707 |
| Maryland | 1 | $200,000 |
| New York | 2 | $7,105 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Fund | General operating support | $338,920 |
| Children's Inn at Nih | General operating support | $200,000 |
| Schwab Charitable Fund | General operating support | $141,900 |
| Schwab Charitable Fund | General operating support | $138,831 |
| Schwab Charitable Fund | General operating support | $114,082 |
| Miami University Health System | Desai sethi medical center | $100,000 |
| Schwab Charitable Fund | General operating support | $89,974 |
| Ascend Foundation | General operating support | $3,605 |
| Girls Inc of New York City | General operating support | $3,500 |
Officers and trustees
- Jolly S Somaiya
Questions people ask
Does Somaiya Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Somaiya Family Foundation give?
$1.1 million in tax year 2024, across 9 grants, with a typical grant of $114,082.
Who runs Somaiya Family Foundation?
Its 2024 filing lists Jolly S Somaiya (President/Director).
What does Somaiya Family Foundation fund?
Based on its grants, mainly youth programs.