The Tarsadia Foundation

The Tarsadia Foundation

B.U. and Pushpa Patel founded the Tarsadia Foundation in 1999, channeling proceeds from their Tarsadia Hotels enterprise into a structured, private family foundation based in Newport Beach, California. The foundation is explicitly multigenerational: Maya Patel serves as Executive Chair and CEO, while her father, founder B.U. Patel, and brother Tushar Patel — Chairman of Tarsadia Investments — operate in related entities, including Interharbour Private Credit and Tarsadia Capital. The foundation makes grants across health, education, and economic empowerment, complementing a broader family investment architecture that spans venture capital, private credit, and a commercial real-estate portfolio anchored by holdings such as the Laguna Brisas Hotel and office space at 520 Newport Center Drive. Its strategy favors direct grantmaking alongside programmatic youth-philanthropy initiatives, with multiple Patel-generation family members participating in funding decisions. The foundation is part of an integrated family-capital system that includes the Diwaliben Trust and Tarsadia Capital, helmed by Vikram Patel. Maya Patel engages actively with the National Center for Family Philanthropy as a speaker and member, signaling a deliberate posture around governance and next-generation donor education. The foundation manages an estimated $232M endowment (Altss estimate). The Tarsadia Foundation's structural differentiator lies in its deliberate youth-philanthropy architecture within an active operating-family context. Rather than function as a passive family-checkbook, it pairs multigenerational grantmaking governance with adjacent investment vehicles — Tarsadia Investments and Tarsadia Capital — that separately manage the commercial wealth, creating a clear boundary between mission-driven spending and return-seeking capital deployment.