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Filing year 2023

THE RAINA K PATEL FOUNDATION

Bloomfield Hills, Michigan·EIN 38-3246397·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$513
Total assets
$1.5M
Total expenses
$89k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Manager
Unclassified
$40k
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE RAINA K PATEL FOUNDATION equaled 45% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
45%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$27k

Itemized grants

2

Median grant

$14k

RecipientLocationPurposeAmount
ROTARY EYE INSTITUTENAVSARI, INCHARITABLE & COMMUNITY SERVICES$25k
MAPILATHRUP VILLAGE, MICHARITABLE & COMMUNITY SERVICESCHARITABLE & COMMUNITY SERVICES$2k

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE RAINA K PATEL FOUNDATION

What are THE RAINA K PATEL FOUNDATION's revenue and expenses?

In 2023, THE RAINA K PATEL FOUNDATION reported $513 in total revenue and $89k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.