WADHWANI CHARITABLE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WADHWANI CHARITABLE FOUNDATION (EIN 77-0450893)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349106752
- Schema version
- 2023v5.1
- 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
- Accounting Fees Schedule
- Applied To Prior Year Election
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T15:22:32-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 BUSH STREET SUITE 1700 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | 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 | 770450893 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WADHWANI CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WADH | BusinessNameControlTxt |
| Phone | 6509462505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1987 | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94023 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROMESH WADHWANI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 6509462505 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SABRINA A CHIN | PreparerPersonNm |
| PTIN | P00734293 | PTIN |
| Phone | 4157642700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $136,031,626 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,688 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,709 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $83,534 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $83,557 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,063,634 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,063,634 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $740,788 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,275,719 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,890,644 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,361,985 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $275,109 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $13,755 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $261,354 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,822 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $591 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,231 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $52,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $47,700 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $77,190 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $74,689 | OtherProfFeesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $20,643 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $20,643 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $12,557 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,557 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $84,075 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,816 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $79,259 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $534,096 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,162 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $507,433 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,252,138 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,602,138 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,786,234 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,162 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,109,571 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $104,410 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,342,823 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,028,371 | CashBOYAmt |
| Cash EOY | $925,355 | CashEOYAmt |
| Cash EOYFMV | $925,355 | CashEOYFMVAmt |
| Acct Rcvbl | $3,660,768 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,698,307 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $3,660,768 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,660,768 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $69 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $966 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $966 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $132,605,347 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $131,171,267 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $131,171,267 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $42,080 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,552 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $11,063 | LandBOYAmt |
| Land EOY | $3,528 | LandEOYAmt |
| Land EOYFMV | $3,528 | LandEOYFMVAmt |
| Other Assets BOY | $81,898 | OtherAssetsBOYAmt |
| Other Assets EOY | $269,742 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $269,742 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $137,425,055 | TotalAssetsBOYAmt |
| Total Assets EOY | $136,031,626 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $136,031,626 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $141,355 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $174,135 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $943,041 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,545,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,084,396 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,719,135 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $136,340,659 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $134,312,491 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $136,340,659 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $134,312,491 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $137,425,055 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $136,031,626 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $136,340,659 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $104,410 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $136,445,069 | SubtotalAmt |
| Other Decreases | $2,132,578 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $134,312,491 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | REALIZED GAIN/LOSS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2022-12-31 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $3,063,634 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,063,634 | CostOrOtherBasisAmt |
| Gain Or Loss | $0 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $0 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $0 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $60,365 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $60,365 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $60,365 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $103,570 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $103,570 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $43,205 | OverpaymentAmt |
| Applied To ES Tax | $43,205 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://WWW.WFGLOBAL.ORG/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RWX LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6509462505 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 MAIN STREET SUITE 210 | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | IN | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (1) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2022 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (1) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| ROMESH T WADHWANI | ||||||||
| PO BOX 1987 | LOS ALTOS | CA | 94023 | CEO | 0.50 | $0 | $0 | $0 |
| KATHLEEN E WADHWANI | ||||||||
| PO BOX 1987 | LOS ALTOS | CA | 94023 | SECRETARY/CFO | 0.50 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ATUL RAJA | ||||||||
| FLAT 4 7TH FLOOR BLOCK 10 PRESTIGE | SHANTINIKET | BANGALORE | IN | EXECUTIVE VP, | 40.00 | $77,881 | $16,481 | $0 |
| SUNITA SINGH | ||||||||
| THAKUR BHAVAN GROUND FLOOR KHAR | WEST | MUMBAI | IN | EXECUTIVE VP, | 40.00 | $74,298 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,501,533 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $136,936,660 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $139,438,193 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $139,438,193 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,091,573 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $137,346,620 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,867,331 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,867,331 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $60,365 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $60,365 | TotalTaxAmt |
| Distributable Before Adj | $6,806,966 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,806,966 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,806,966 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,109,571 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,109,571 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,806,966 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,151,814 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,109,571 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,109,571 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $42,243 | Taxable2Amt |
| Undistributed Income CY | $6,806,966 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROMESH T WADHWANI | ContributingManagerNm |
| Contributing Manager | KATHLEEN E WADHWANI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN INDIA FOUNDATION | |||||||||||||
| 216 E 45TH STREET 7TH FLOOR | NEW YORK | NY | 10017 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $25,000 | ||||||
| FOUNDATION FOR EXCELLENCE | |||||||||||||
| 526 W FREMONT AVE 2920 | SUNNYVALE | CA | 94087 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $64,816 | ||||||
| INDIA COMMUNITY CENTER | |||||||||||||
| 525 LOS COCHES STREET | MILPITAS | CA | 94022 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $25,000 | ||||||
| CENTER FOR STRATEGIC & INTERNATIONAL STUDIES | |||||||||||||
| 1616 RHODE ISLAND AVENUE NW | WASHINGTON DC | DC | 20036 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $1,379,167 | ||||||
| MAITRI FOUNDATION | |||||||||||||
| PO BOX 697 | SANTA CLARA | CA | 95052 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $50,000 | ||||||
| SAN FRANCISCO FOUNDATION | |||||||||||||
| ONE EMBARCADERO CENTER SUITE 1400 | SAN FRANCISCO | CA | 94111 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $1,300,000 | ||||||
| CONQUER CANCER FOUNDATION | |||||||||||||
| 2318 MILL ROAD SUITE 800 | ALEXANDRIA | VA | 22314 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $100,000 | ||||||
| IIT BOMBAY | |||||||||||||
| 21710 STEVENS CREEK BLVD SUITE 115 | CUPERTINO | CA | 95014 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $600,000 | ||||||
| SECOND HARVEST FOODBANK | |||||||||||||
| 750 CURTNER AVENUE | SAN JOSE | CA | 95125 | NONE | PC: 509(A)(1) | GENERAL PUBLIC SUPPORT | $10,001 | ||||||
| KHERWADI SOCIAL WELLWARE ASSOCIATION | |||||||||||||
| NONE | NC - FOREIGN ER | SUPPORT TO PROVIDE A SECOND CHANCE TO LESS EDUCATED DEPRIVED WOMEN AND MOTHERS WHO HAVE DROPPED OUT OF SCHOOL, BY GIVING THEM TRAINING IN EMPLOYABILITY SKILLS AND HELPING THEM FIND LIVELIHOODS. | $48,154 | PARISHRAMALAYA RAM MANDIR RD OPP | KHERWADI MUNICIPAL SCHOOL | KHERWADI BANDRA | MUMBAI | IN | 400 051 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,602,138 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,688 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $83,534 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $740,788 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,063,634 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,890,644 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,890,644 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $52,700 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $47,700 | DisbursementsCharitablePrpsAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE TAXPAYER HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM THE TAX YEAR ENDING DECEMBER 31, 2022 IN THE AMOUNT OF $4,151,814. | ElectionDesc |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KHERWADI SOCIAL WELFARE ASSOCIATION | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PARISHRAMALAYA RAM MANDIR RD OPP | AddressLine1Txt |
| Address Line2 | KHERWADI MUNICIPAL SCHOOL | AddressLine2Txt |
| City | KHERWADI BANDRA | CityNm |
| Province Or State | MUMBAI | ProvinceOrStateNm |
| Country | IN | CountryCd |
| Foreign Postal | 400 051 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2023-04-10 | GrantDt |
| Grant | $48,153 | GrantAmt |
| Purpose Of Grant | TO PROVIDE A SECOND CHANCE TO LESS EDUCATED DEPRIVED WOMEN AND MOTHERS WHO HAVE DROPPED OUT OF SCHOOL, BY GIVING THEM TRAINING IN EMPLOYABILITY SKILLS AND HELPING THEM FIND LIVELIHOODS. | PurposeOfGrantTxt |
| Expended By Grantee | $48,153 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NONE | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 10/10/23 | DatesOfReportsByGranteeTxt |
| Verification | 2023-10-10 | VerificationDt |
| Results Of Verification | THE FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS. | ResultsOfVerificationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CORRUM CAPITAL GLOBAL | FMV | $2,141,755 | $2,141,755 |
| GUARDIAN POINT, LP | FMV | $3,091,338 | $3,091,338 |
| SEQUOIA CAPITAL HERTIAGE FUND | FMV | $71,327,042 | $71,327,042 |
| TENNENBAUM OPPORTUNITIES | FMV | $10,159 | $10,159 |
| THINK INVESTMENTS | FMV | $8,907,679 | $8,907,679 |
| VECTOR CAPITAL | FMV | $6,725,910 | $6,725,910 |
| WASPIRE INVESTMENTS LLC | FMV | $38,095,742 | $38,095,742 |
| CAPRIA FUND | FMV | $871,642 | $871,642 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER ASSETS | $81,898 | $81,898 | $81,898 |
| DEPOSITS | $0 | $14,569 | $14,569 |
| EXCISE TAX RECEIVABLE | $0 | $173,275 | $173,275 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $2,132,578 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $4,816 | $4,816 | $0 |
| PAYROLL SERVICE | $255 | $0 | $255 |
| OFFICE EXPENSE | $7,581 | $0 | $7,581 |
| OTHER EXPENSES - US | $6,501 | $0 | $6,501 |
| OTHER EXPENSES - INDIA | $9,583 | $0 | $9,583 |
| WEBSITE | $55,339 | $0 | $55,339 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CAPRIA FUND, LLC | -$53,757 | -$82,341 | -$53,757 |
| CORRUM CAPITAL GLOBAL CREDIT OPPORTUNITIES FUND | $7,401 | -$30,448 | $7,401 |
| GUARDIAN POINT, LP | $459,307 | $12,718 | $459,307 |
| SCHF US, LP | $615,457 | $3,080,610 | $615,457 |
| TENNENBAUM OPPORTUNITIES FUND VI, LLC | $83,903 | -$183,787 | $83,903 |
| THINK INVESTMENTS | $505,962 | $380,719 | $505,962 |
| VECTOR CAPITAL | $928,852 | $405,907 | $928,852 |
| WASPIRE INVESTMENTS LLC | -$1,800,986 | $636,065 | -$1,800,986 |
| OTHER INVESTMENT INCOME | $74,780 | $0 | $74,780 |
| LESS UBTI REPORTED ON 990-T | $0 | $56,276 | $0 |
| OTHER INVESTMENT INCOME | -$80,131 | $0 | -$80,131 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME TAXES PAYABLE | Desc |
| BOY Book Value | $943,041 | BOYBookValueAmt |
| EOY Book Value | $1,545,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AUDIT FEE | $27,501 | $0 | $25,000 |
| LEGAL & CONSULTING FEES | $49,689 | $0 | $49,689 |
Comments