SAXENA FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SAXENA FAMILY FOUNDATION (EIN 27-4196021)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-06-27
- IRS object ID
- 202401799349101400
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-27T21:18:40-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274196021 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Saxena Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SAXE | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAPNA SAXENA | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-06-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SAPNA | PersonFirstNm |
| Person Last | SAXENA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,765,617 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,335 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,335 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $203,027 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $203,027 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $36,290 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,731,141 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $36,290 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $240,652 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $240,652 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $25,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,138 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,138 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $80,596 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $70,596 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $10,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,080 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $180 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $40,296 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $40,291 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $150,110 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $70,781 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $77,429 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $229,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $229,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $379,110 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $70,781 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $306,429 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$138,458 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $169,871 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $296,516 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $147,470 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $147,470 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $6,007 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $6,509,431 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,526,026 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,618,147 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $6,811,954 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,673,496 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,765,617 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,811,954 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,673,496 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,811,954 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,673,496 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,811,954 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,673,496 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,811,954 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$138,458 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,673,496 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,673,496 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $1,731,141 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,694,851 | CostOrOtherBasisAmt |
| Gain Or Loss | $36,290 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $36,290 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $36,290 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,361 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,361 | SubtotalAmt |
| Tax Based On Investment Income | $2,361 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,164 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $5,164 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,803 | OverpaymentAmt |
| Applied To ES Tax | $2,803 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Jitendra Saxena | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| Sapna Saxena | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 5.0 | $25,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UBS Financial Services | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 Park Avenue 25th Fl | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10171 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment MGMT | ServiceTypeTxt |
| Compensation | $70,596 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,988,836 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $128,445 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,218 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,118,499 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,118,499 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $121,777 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,996,722 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $399,836 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $399,836 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,361 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,361 | TotalTaxAmt |
| Distributable Before Adj | $397,475 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $397,475 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $397,475 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $306,429 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $306,429 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $397,475 | DistributableAsAdjustedAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $461,542 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $461,542 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $306,429 | QualifyingDistributionsAmt |
| Applied To Current Year | $306,429 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $91,046 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $91,046 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $370,496 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $370,496 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $370,496 | ExcessFromYear4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jitendra Saxena | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BROOKLINE COMMUNITY MENTAL HEALTH CENTER INC | |||||||
| 41 GARRISON RD | BROOKLINE | MA | 02445 | N/A | PC | General & Unrestricted | $1,000 |
| EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC | |||||||
| PO BOX 3886 | NEW YORK | NY | 10163 | N/A | PC | General & Unrestricted | $2,500 |
| FRIENDS OF TEACH FOR INDIA INC | |||||||
| TFA25 BROADWAY 12FL | NEW YORK | NY | 10004 | N/A | PC | General & Unrestricted | $10,000 |
| HELPING FRIENDLY FARM INC | |||||||
| 3240 CREAMERY RD | NEW HOPE | PA | 18938 | N/A | PC | General & Unrestricted | $10,000 |
| HOPE FOR HALLIE | |||||||
| 528 BRYN MAWR AVE | SWARTHMORE | PA | 19081 | N/A | PC | General & Unrestricted | $250 |
| INTERNATIONAL FOUNDATION FOR SOCIAL IMPACT INC | |||||||
| 250 W 55TH ST 25TH FL 25B | NEW YORK | NY | 10019 | N/A | PC | General & Unrestricted | $60,000 |
| INDIAN AMERICAN IMPACT PROJECT | |||||||
| 122 C ST NW | WASHINGTON | DC | 20001 | N/A | PC | General & Unrestricted | $25,000 |
| NEO PHILANTHROPY INC | |||||||
| 1001 AVE OF THE AMERICAS 12TH FL | NEW YORK | NY | 10018 | N/A | PC | ArtChangeUs fund | $2,500 |
| PAN-MASSACHUSETTS CHALLENGE INC | |||||||
| 77 4TH AVENUE | NEEDHAM | MA | 02494 | N/A | PC | General & Unrestricted | $1,250 |
| PEABODY ESSEX MUSEUM INC | |||||||
| 161 ESSEX ST | SALEM | MA | 01970 | N/A | PC | Charitable Event | $5,000 |
| SAKHI FOR SOUTH ASIAN WOMEN | |||||||
| PO BOX 1333 | NEW YORK | NY | 10008 | N/A | PC | General & Unrestricted | $5,000 |
| SPECIAL OLYMPICS MASSACHUSETTS INC | |||||||
| 512 FOREST ST | MALBOROUGH | MA | 01752 | N/A | PC | General & Unrestricted | $5,000 |
| SWIMMING WITH A MISSION INC | |||||||
| 1 HARDY RD 127 | BEDFORD | NH | 03110 | N/A | PC | General & Unrestricted | $500 |
| THE CHARLES LEA CENTER FOUNDATION INC | |||||||
| 195 BURDETTE ST | SPARTANBURG | SC | 29307 | N/A | PC | Charitable Event | $1,000 |
| VISHWA HINDU PARISHAD OF AMERICA | |||||||
| 200 NEW BOND ST | SUGAR GROVE | IL | 60554 | N/A | PC | OM Hindu Community Center, Billerica, MA | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $229,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,335 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $203,027 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $36,290 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $240,652 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $240,652 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sapna Saxena | PersonNm |
| Short Explanation | *SAPNA SAXENA, DIRECTOR AND TREASURER OF SAXENA FAMILY FOUNDATION (THE "FOUNDATION"), IS THE CEO AT THE ADVISORY FIRM OF NEEL CAPITAL MANAGEMENT LLC, A DISQUALIFIED PERSON WHICH PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2023, THE FOUNDATION PAID $10,000 FOR ADMINISTRATIVE SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH ADVISORY FIRM BILLED THE FOUNDATION AT OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (74 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $98,159 | $103,356 |
| ABBVIE INC | $73,521 | $77,175 |
| ACCENTURE PLC | $88,468 | $166,682 |
| ADVANCED MICRO DEVICES INC | $29,219 | $44,076 |
| ALPHABET INC CL A | $99,934 | $133,404 |
| AMAZON COM | $165,174 | $158,018 |
| AMERICAN ELECTRIC POWER INC | $16,484 | $17,706 |
| AMERICAN TOWER REIT INC | $44,413 | $41,017 |
| AMERIPRISE FINANCIAL INC | $16,768 | $30,386 |
| ANALOG DEVICES INC | $32,564 | $40,705 |
| APPLE INC | $190,140 | $664,806 |
| APPLIED MATERIALS INC | $29,984 | $39,221 |
| ASML HOLDING NV NY REG SHS | $17,941 | $21,951 |
| AUTOMATIC DATA PROCESSING INC | $48,450 | $49,157 |
| BLACKROCK INC | $59,704 | $95,792 |
| BOSTON SCIENTIFIC | $19,997 | $29,194 |
| BROADCOM INC | $92,644 | $186,414 |
| CHEVRON CORP | $13,439 | $17,303 |
| CHIPOTLE MEX GRILL | $28,674 | $34,304 |
| CHUBB LIMITED | $55,355 | $91,304 |
| CITIGROUP INC | $445,761 | $380,244 |
| COLGATE-PALMOLIVE COMPANY | $18,183 | $20,167 |
| COSTCO WHOLESALE CORPORATION | $28,106 | $42,905 |
| DANAHER CORP | $15,621 | $17,351 |
| ELI LILLY & CO | $40,772 | $69,950 |
| EOG RESOURCES INC | $35,701 | $41,002 |
| EXXON MOBIL CORP | $68,433 | $62,687 |
| GEN DYNAMICS CP | $19,351 | $49,078 |
| HOME DEPOT INC | $38,845 | $91,836 |
| HONEYWELL INTL | $46,407 | $125,197 |
| INTUIT | $34,080 | $49,377 |
| INTUITIVE SURGICAL | $25,132 | $29,013 |
| JOHNSON & JOHNSON | $52,527 | $95,768 |
| JP MORGAN CHASE | $81,208 | $115,668 |
| JP MORGAN STRATEGIC INCOME OPP | $637,513 | $637,865 |
| LINDE PLC COM | $63,872 | $91,588 |
| MARSH AND MCLENNAN COMPANIES I | $49,667 | $59,115 |
| MASTERCARD INC | $39,385 | $44,357 |
| MATTHEWS INDIA FUND | $610,453 | $612,292 |
| MCDONALD'S CORP | $56,942 | $87,174 |
| META PLATFORMS INC | $81,350 | $96,277 |
| MICROSOFT CORP | $464,444 | $1,076,227 |
| MORGAN STANLEY | $48,898 | $53,526 |
| NEXTERA ENERGY, INC | $49,940 | $51,022 |
| NIKE INC-CL B | $43,749 | $34,417 |
| NOVARTIS AG ADR | $7,985 | $9,592 |
| O'REILLY AUTOMOTIVE INC | $15,526 | $29,452 |
| ORACLE CORP | $73,328 | $96,890 |
| PALO ALTO NETWORKS INC | $15,938 | $29,783 |
| PARKER HANNIFIN CP | $17,929 | $26,260 |
| PEPSICO INC | $29,764 | $60,973 |
| PHILLIPS 66 | $29,343 | $64,040 |
| PROCTER GAMBLE CO | $52,168 | $66,383 |
| PROLOGIS | $59,643 | $60,518 |
| PUTNAM SHORT DURATION INCOME F | $511,085 | $513,606 |
| REPUBLIC SVCS INC | $33,249 | $38,424 |
| ROCKWELL AUTOMATION INC | $17,882 | $27,633 |
| S&P GLOBAL INC COM | $24,405 | $29,074 |
| SALESFORCE.COM | $42,718 | $54,207 |
| SCHLUMBERGER LTD | $16,297 | $23,522 |
| SEMPRA ENERGY COM | $15,754 | $29,444 |
| SHERWIN-WILLIAMS CO | $29,642 | $38,988 |
| STARBUCKS CORP COM | $70,177 | $78,824 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $97,644 | $109,928 |
| TEXAS INSTRUMENTS INC | $18,864 | $62,729 |
| THE COCA-COLA CO | $74,549 | $74,664 |
| THERMO FISHER SCIENTIFIC INC | $26,444 | $29,193 |
| TJX COMPANIES INC | $30,649 | $45,029 |
| TRANE TECHNOLOGIES PLC | $19,270 | $23,414 |
| UBS ULTRA SHORT INCOME FUND CL | $515,292 | $512,645 |
| UNION PACIFIC | $104,527 | $121,336 |
| UNITED PARCEL SERVICE | $44,752 | $47,012 |
| UNITEDHEALTH GROUP INC | $158,568 | $168,997 |
| VISA INC | $55,262 | $69,513 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $40,266 | $40,266 | |
| Bank Charges | $5 | $5 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administration of Foundation | $10,000 | $10,000 | |
| Investment Management Services | $70,596 | $70,596 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2023 | $1,900 | |
| Foreign Tax Paid | $180 | $180 |