Private Foundation

SOMAIYA FAMILY FOUNDATION

SOMAIYA FAMILY FOUNDATION is a private foundation categorized as Private Foundation based in MIAMI BEACH, FL. Its most recent IRS filing (2024) reports revenue of $602K, expenses of $1.2M, total assets of $12.6M. Imperigo tracks 38 reported grants from this foundation totaling approximately $3.3M.

EIN: 844003529 MIAMI BEACH, FL Latest filing: 2024

Total Revenue$602K

Total Expenses$1.2M

Total Assets$12.6M

Grants Given38

Grant Total$3.3M

Filing Years2020–2024

Sample Grants Given

SCHWAB CHARITABLE FUND

ORLANDO, FL · 2024

GENERAL OPERATING SUPPORT

$338,920

CHILDREN'S INN AT NIH

BETHESDA, MD · 2024

GENERAL OPERATING SUPPORT

$200,000

SCHWAB CHARITABLE FUND

ORLANDO, FL · 2024

GENERAL OPERATING SUPPORT

$141,900

SCHWAB CHARITABLE FUND

ORLANDO, FL · 2024

GENERAL OPERATING SUPPORT

$138,831

SCHWAB CHARITABLE FUND

ORLANDO, FL · 2024

GENERAL OPERATING SUPPORT

$114,082

Showing up to 5 of 38 total records — full history available with membership.

Officers & Directors

PRESIDENT/DIRECTOR Jolly S Somaiya

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT

$1,568,412 30 grants

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.

$776,574 1 grant

GENERAL OPERATING SUPPORT3,000 SHARES AMAZON COMMON STOCK, GIFT DATE 12/22/23.COST - $276,046; FAIR MARKET VALUE - $460,590.

$460,590 1 grant

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.

$248,818 1 grant

DESAI SETHI MEDICAL CENTER

$100,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$602K	$1.2M	$12.6M
2023	$526K	$717K	$12.8M
2022	$14K	$1.1M	$12.8M
2021	$460K	$555K	$13.8M
2020	$2.6M	$166K	$13.8M

Between 2020 and 2024, reported annual revenue declined from $2.6M to $602K (-77%), with total assets most recently reported at $12.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, IN, MD, NY, OR, PA, and 3 other states.

FLINMDNYORPATNTXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SOMAIYA FAMILY FOUNDATION

Complete financials, all 38 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports