OBJECTWIN FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
OBJECTWIN FOUNDATION (EIN 20-3811786)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349103414
Schema version
2022v5.0
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)
Return2023-11-15T11:47:27-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-11-10SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSANTOSHPersonFirstNm
Person LastKARANDEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANJALI ARJUNANIPreparerPersonNm
PTINP01398530PTIN
Phone7135529499PhoneNum
Preparation2023-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$895,867FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$2,688DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,688DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,688DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$64NetGainSaleAstRevAndExpnssAmt
Total Rev And Expnss$2,624TotalRevAndExpnssAmt
Total Net Invst Incm$2,688TotalNetInvstIncmAmt
Total Adj Net Incm$2,688TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,081AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$86TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,128OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,295TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$28,306ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$28,306ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$30,601TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$28,306TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$27,977ExcessRevenueOverExpensesAmt
Net Investment Income$2,688NetInvestmentIncomeAmt
Adjusted Net Income$2,688AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$42,048CashEOYAmt
Cash EOYFMV$42,048CashEOYFMVAmt
Sav And Temp Cash Invst BOY$261,040SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$13,392SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$13,392SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$2,231,071OtherInvestmentsBOYAmt
Other Investments EOY$2,408,694OtherInvestmentsEOYAmt
Other Investments EOYFMV$840,427OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,492,111TotalAssetsBOYAmt
Total Assets EOY$2,464,134TotalAssetsEOYAmt
Total Assets EOYFMV$895,867TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,492,111NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,464,134NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,492,111TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,464,134TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,492,111TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,464,134TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,492,111TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$27,977ExcessRevenueOverExpensesAmt
Subtotal$2,464,134SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,464,134TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

How AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtPropertyPropertyDesc
P2021-01-142022-01-13$11-$11-$11
P2021-01-122022-01-13$53-$53-$53PROSHARES-LT
FieldValueIRS element (for citing)
Capital Gain Net Income-$64CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$37InvestmentIncomeExciseTaxAmt
Subtotal$37SubtotalAmt
Tax Based On Investment Income$37TaxBasedOnInvestmentIncomeAmt
Tax Due$37TaxDueAmt

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
Expenses1$28,306Expenses1Amt

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$650,692AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$130,164AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$780,856TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$780,856AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,713CashDeemedCharitableAmt
Net Vl Noncharitable Assets$769,143NetVlNoncharitableAssetsAmt
Minimum Investment Return$38,457MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$38,457MinimumInvestmentReturnAmt
Tax Based On Investment Income$37TaxBasedOnInvestmentIncomeAmt
Total Tax$37TotalTaxAmt
Distributable Before Adj$38,420DistributableBeforeAdjAmt
Distributable Before Ded$38,420DistributableBeforeDedAmt
Distributable As Adjusted$38,420DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$28,306ExpensesAndContributionsAmt
Qualifying Distributions$28,306QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$38,420DistributableAsAdjustedAmt
Undistributed Income PY$31,387UndistributedIncomePYAmt
Qualifying Distributions$28,306QualifyingDistributionsAmt
Applied To Year1$28,306AppliedToYear1Amt
Taxable2$3,081Taxable2Amt
Undistributed Income CY$38,420UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PRATHAM USA
9703 RICHMOND AVESUITE 102HOUSTONTX77042NONE501C3DONATION$25,000
INKSHARES
95 LINDEN ST STE 6OAKLANDCA94607NONE501C3DONATION$3,206
ARROYO VISTA PTA
23371 ARROYO VISTA RANCHOSANTA MARGARITACA92688NONE501C3DONATION$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$28,306TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,688RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$64RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,624RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,624TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,081Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS - OTHERCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$2,408,694BookValueAmt
EOYFMV$840,427EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
DUES AND SUBSCRIPTIONS$1,128

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$86Amt

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