The New Jersey State Capitol

Form 990-PFTax year 2024EIN 25-1735900

The Chakrabarti Foundation

A private foundation in Mt Laurel, NJ. Its return for tax year 2024 lists 8 grants and $5,500 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Srimati Chakrabarti
1288 Route 73 South Suite 401
Mt Laurel, NJ 08054
(865) 533-1866
Form and materials
Application form is to be completed and submitted to the foundation's board of trustees. Applicants must submit the name of their high school and their intended or current college / institution and course of study along with their grade point average including an official transcript. Additionally, they must include their community service and extracurricular activities on the application as well as submit a short essay on their personal goals. For a copy of the application please contact the foundation directly.
Deadlines
June 2, annually
Restrictions
Only available to children and step-children of employees of polymer products company, inc., crystal, inc-pmc, lenco, inc-pmc, the PMC group, inc. Or any company acquired by the PMC group or DR. Or MRS. Chakrabarti. Students must be accepted at their choice of qualified educational institution. There is no geographical restriction.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $5,500

    Grants listed
    8
    Assets, end of year
    $176,265
  • Tax year 2023

    $132,250

    Grants listed
    10
    Assets, end of year
    $168,750
  • Tax year 2022

    $2,000

    Grants listed
    4
    Assets, end of year
    $193,226
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $197,892
  • Tax year 2020

    $2,750

    Grants listed
    7
    Assets, end of year
    $200,248
  • Tax year 2019

    $4,750

    Grants listed
    12
    Assets, end of year
    $204,327
  • Tax year 2018

    $4,000

    Grants listed
    10
    Assets, end of year
    $54,167

Grants paid in 2024

8 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    General scholarship

    $1,000
  2. Individual

    General scholarship

    $1,000
  3. Individual

    General scholarship

    $1,000
  4. Individual

    General scholarship

    $1,000
  5. Individual

    General scholarship

    $500
  6. Individual

    General scholarship

    $500
  7. Individual

    General scholarship

    $250
  8. Individual

    General scholarship

    $250

Approved for future payment

1 grant

Approved in 2024 and not yet paid.

  1. Individual

    General scholarship

    $1,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Paritosh ChakrabartiVP/SECRETARY/TRUSTEE Hours 0Pay $0
  • Srimati ChakrabartiPRESIDENT/TRUSTEE Hours 0Pay $0
  • Debtosh ChakrabartiTRUSTEE Hours 0Pay $0
  • Raj ChakrabartiTRUSTEE Hours 0Pay $0

The return

More foundations

Other foundations in New Jersey

  1. Christopher Goodell Memorial Foundation A NJ NonprofitUpper Saddle River, NJ 2 grants Accepts applications $5,500 giving
  2. Robert & Carole Cerasia Foundation IncCaldwell, NJ 11 grants Preselected only $5,490 giving
  3. S & R Tennenhaus Foundation IncPassaic, NJ 5 grants Preselected only $5,565 giving
  4. Whimsical Witches of CrosswicksChesterfield, NJ 2 grants Not stated $5,413 giving
  5. The Joan M and Russell C Jordan FoundationMidland Park, NJ 4 grants Preselected only $5,600 giving