OBJECTWIN FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
OBJECTWIN FOUNDATION (EIN 20-3811786)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-01-23
IRS object ID
202540239349100309
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-23T13:08:54-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN473017802PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AH CPA'S PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13050 POST OAK BLVD STE 550AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770566534ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203811786EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KARANDE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKARABusinessNameControlTxt
Phone7133737000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRIVEAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSANTOSH S KARANDEPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7133737000PhoneNum
Signature2024-12-10SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANJALI ARJUNANIPreparerPersonNm
PTINP01398530PTIN
Phone7135529499PhoneNum
Preparation2025-01-23PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$262,881FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$17,507DividendsRevAndExpnssAmt
Dividends Net Invst Incm$17,507DividendsNetInvstIncmAmt
Dividends Adj Net Incm$17,507DividendsAdjNetIncmAmt
Total Rev And Expnss$42,507TotalRevAndExpnssAmt
Total Net Invst Incm$17,507TotalNetInvstIncmAmt
Total Adj Net Incm$17,507TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$924TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,244OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,118TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$46,001ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$46,001ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$49,119TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$46,001TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,612ExcessRevenueOverExpensesAmt
Net Investment Income$17,507NetInvestmentIncomeAmt
Adjusted Net Income$17,507AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$42,048CashBOYAmt
Cash EOY$28,023CashEOYAmt
Cash EOYFMV$28,023CashEOYFMVAmt
Sav And Temp Cash Invst BOY$13,392SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$23,801SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$23,801SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$2,408,694OtherInvestmentsBOYAmt
Other Investments EOY$2,415,793OtherInvestmentsEOYAmt
Other Investments EOYFMV$211,057OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,464,134TotalAssetsBOYAmt
Total Assets EOY$2,467,617TotalAssetsEOYAmt
Total Assets EOYFMV$262,881TotalAssetsEOYFMVAmt
Other Liabilities EOY$10,095OtherLiabilitiesEOYAmt
Total Liabilities EOY$10,095TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,464,134NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,457,522NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,464,134TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,457,522TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,464,134TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,467,617TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,464,134TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,612ExcessRevenueOverExpensesAmt
Subtotal$2,457,522SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,457,522TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$243InvestmentIncomeExciseTaxAmt
Subtotal$243SubtotalAmt
Tax Based On Investment Income$243TaxBasedOnInvestmentIncomeAmt
Tax Due$243TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SANTOSH S KARANDEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7133737000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12021UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTOSH S KARANDEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
TitleDIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATIONS TO CHARITABLE ORGANIZATIONSDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$374,761AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,342AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$398,103TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$398,103AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,972CashDeemedCharitableAmt
Net Vl Noncharitable Assets$392,131NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,607MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,607MinimumInvestmentReturnAmt
Tax Based On Investment Income$243TaxBasedOnInvestmentIncomeAmt
Total Tax$243TotalTaxAmt
Distributable Before Adj$19,364DistributableBeforeAdjAmt
Distributable Before Ded$19,364DistributableBeforeDedAmt
Distributable As Adjusted$19,364DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$46,001ExpensesAndContributionsAmt
Qualifying Distributions$46,001QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,364DistributableAsAdjustedAmt
Undistributed Income PY$38,420UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Total For Prior Years$3,081TotalForPriorYearsAmt
Qualifying Distributions$46,001QualifyingDistributionsAmt
Applied To Year1$38,420AppliedToYear1Amt
Applied To Current Year$7,581AppliedToCurrentYearAmt
Prior Year Undistributed Incm$3,081PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$3,081PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$11,783UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PRATHAM USA
9703 RICHMOND AVESUITE 102HOUSTONTX77042NONE501C3DONATION$25,000
DAYA FOUNDATION
3050 POST OAKHOUSTONTX77056NONE501C3CHARITABLE$5,000
AMERICAN NATIONAL RED CROSS
2700 SW FWYHOUSTONTX77098NONE501C3CHARITABLE$5,000
EKAL VIDLAYA FOUNDATION
100 WEST OAKS MALLHOUSTONTX77082NONE501C3CHARITABLE$5,000
CRY AMERICA
P O BOX 850948BRAINTREEMA02185NONE501C3CHARITABLE$2,500
SRI SATYANARANA SWAMY TEMPLE
11 TRAINING HILL RDMIDDLETOWNCT06457NONE501C3CHARIYABLE$2,501
ACCESS LIFE AMERICA
P O BOX 2534ALPHARETTAGA30023NONE501C3CHARITABLE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$46,001TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,507RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,507RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,507TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSANTOSH AND SEEMA KARANDEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
Total Contributions$25,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$950Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS - OTHERCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$2,415,793BookValueAmt
EOYFMV$211,057EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
DUES AND SUBSCRIPTIONS$1,244

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCREDIT CARD PAYABLEDesc
EOY Book Value$10,095EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$924Amt

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