Nonprofit · EIN 22-3696763
VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC
Tax-exempt · MONTVALE, NJ 07645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $568,796 | $631,518 | -$62,722 | $7,144,307 | $218,889 | $6,925,418 |
| December 31, 2024 | 990-PF | $1,777,488 | $562,205 | $1,215,283 | $7,251,376 | $252,569 | $6,998,807 |
| December 31, 2023 | 990-PF | $240,442 | $480,822 | -$240,380 | $8,866,888 | $155,000 | $8,711,888 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $200,766
- Net gain from sales of assets
- $368,030
Expenses
- Grants and similar amounts paid
- $511,305
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $549,079
- Excise tax on investment income
- $6,619
Balance sheet and other
- Total assets, start of year
- $7,251,376
- Total assets, end of year
- $7,144,307
- Total liabilities, end of year
- $218,889
- Net assets, end of year
- $6,925,418
- Fair market value of assets
- $10,650,444
- Qualifying distributions
- $549,079
- Net investment income
- $568,796
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIRAN PATEL 9 NEWPORT DR, PRINCETON JCT, NJ 08550 | TRUSTEE | 0 | $0 |
| PARESH PATEL 4000 N OCEAN DRIVE 2502ET, SINGER ISLAND, FL 33404 | TRUSTEE | 0 | $0 |
| YASHVANT PATEL 10 HOLLY COURT, WOODCLIFF LAKE, NJ 07677 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIRAN PATEL 9 NEWPORT DR, PRINCETON JCT, NJ 08550 | TRUSTEE | 0 | $0 |
| PARESH PATEL 4000 N OCEAN DRIVE 2502ET, SINGER ISLAND, FL 33404 | TRUSTEE | 0 | $0 |
| YASHVANT PATEL 10 HOLLY COURT, WOODCLIFF LAKE, NJ 07677 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIRAN PATEL 9 NEWPORT DR, PRINCETON JCT, NJ 08550 | TRUSTEE | 0 | $0 |
| PARESH PATEL 4000 N OCEAN DRIVE 2502ET, SINGER ISLAND, FL 33404 | TRUSTEE | 0 | $0 |
| YASHVANT PATEL 10 HOLLY COURT, WOODCLIFF LAKE, NJ 07677 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 CHESTNUT RIDGE RD SUITE 2A, MONTVALE, NJ 07645-1801
- In care of
- % YASHVANT V PATEL
- Signed the 990-PF
- YASHVANT PATEL, TRUSTEE
- Phone
- (201) 573-8888
- Return prepared by
- HILL BARTH & KING LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-3696763
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $7,144,307
- Income (IRS master file)
- $8,099,815
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $568,796 | $631,518 | $7,144,307 | IRS |
| 990-PF | December 2024 | $1,777,488 | $562,205 | $7,251,376 | IRS |
| 990-PF | December 2023 | $240,442 | $480,822 | $8,866,888 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3696763).
Questions about VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC
- What is the EIN of VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC?
- The employer identification number (EIN) of VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC is 22-3696763.
- Is VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $568,796, expenses of $631,518 and total assets of $7,144,307 at year end.
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