VEDA FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
VEDA FOUNDATION (EIN 33-0859518)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-08
IRS object ID
202541289349304659
Schema version
2024v5.0
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)
Return2025-05-08T18:22:37-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223849373PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAHAJAN & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1471 HOBSON AVENUEAddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330859518EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VEDA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVEDABusinessNameControlTxt
Phone2015561048PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line145801 CENTRAL CAMP ROADAddressLine1Txt
CityDELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32720ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAGDISH C MAHAJANPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9738510166PhoneNum
Signature2025-05-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAGDISH C MAHAJANPreparerPersonNm
PTINP01378968PTIN
Phone9089648348PhoneNum
Preparation2025-05-06PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPRAMOD DAKKAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line145801 CENTRAL CAMP ROADAddressLine1Txt
CityDELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32720ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$293,704GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionTO PUBLISH AND DISTRIBUTE PERIO WRITINGS,VIDEO AND UTILIZE ALL TYPE OF MEDIUM OF COMMUNICATIONS WITH A VIEW TOWARDS ACHEIVING THE SPREADING OF KRISHNA CONSCIOUSActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$223,635PYContributionsGrantsAmt
CY Contributions Grants$293,704CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$223,635PYTotalRevenueAmt
CY Total Revenue$293,704CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$128,613PYOtherExpensesAmt
CY Other Expenses$154,626CYOtherExpensesAmt
PY Total Expenses$128,613PYTotalExpensesAmt
CY Total Expenses$154,626CYTotalExpensesAmt
PY Revenues Less Expenses$95,022PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$139,078CYRevenuesLessExpensesAmt
Total Assets BOY$1,072,968TotalAssetsBOYAmt
Total Assets EOY$1,198,867TotalAssetsEOYAmt
Total Liabilities BOY$147,971TotalLiabilitiesBOYAmt
Total Liabilities EOY$136,835TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$924,997NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,062,032NetAssetsOrFundBalancesEOYAmt
MissionTO PUBLISH AND DISTRIBUTE PERIODICALS,MAGZINES,BOOKS AND OTHER WRITINGS,VIDEO AND UTILIZE ALL TYPE OF MEDIUM OF COMMUNICATIONS WITH A VIEW TOWARDS ACHEIVING THE SPREADING OF KRISHNA CONSCIOUSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTO SPREAD KRISHNA CONSCIOUSNESS USING VARIOUS COMMUNICATION MEDIUMS TODesc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJAGDISH C MAHAJANPersonNm
Phone2015561048PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1471 HOBSON AVEAddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAGDISH MAHAJA
DIRECTOR50Yes (X)$0$0$0
PRAMOD DAKKA
DIRECTOR400Yes (X)$0$0$0
BHARATI SARKAR
DIRECTOR400Yes (X)$0$0$0
KRISHNA BISWAS
DIRECTOR50Yes (X)$0$0$0
RANDALL MEIR
DIRECTOR100Yes (X)$0$0$0
FieldValueIRS element (for citing)
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$293,704AllOtherContributionsAmt
Total Contributions$293,704TotalContributionsAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$293,704TotalRevenueColumnAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$759TotalAmt
Management And General$759ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$928TotalAmt
Management And General$928ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER EXPENSESDesc
Total$152,939TotalAmt
Management And General$152,939ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$154,626TotalAmt
Program Services$0ProgramServicesAmt
Management And General$154,626ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$310,700BOYAmt
EOY$426,975EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,452BOYAmt
EOY$16,892EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$755,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$755,000BOYAmt
EOY$755,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,816BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,072,968BOYAmt
EOY$1,198,867EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$5,663BOYAmt
EOY$2,219EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$142,308BOYAmt
EOY$134,616EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$147,971BOYAmt
EOY$136,835EOYAmt

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$69,160BOYAmt
EOY$69,160EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$755,000BOYAmt
EOY$755,000EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$169,997BOYAmt
EOY$237,872EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$924,997BOYAmt
EOY$1,062,032EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,072,968BOYAmt
EOY$1,198,867EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$139,078ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$429,972CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$225,933CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$202,988CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$223,635CurrentTaxYearMinus1YearAmt
Current Tax Year$293,704CurrentTaxYearAmt
Total$1,376,232TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$429,972CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$225,933CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$202,988CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$223,635CurrentTaxYearMinus1YearAmt
Current Tax Year$293,704CurrentTaxYearAmt
Total$1,376,232TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,376,232PublicSupportTotal170Amt
Total Support$1,376,232TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$755,000InvestmentCostOrOtherBasisAmt
Book Value$755,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$755,000TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, LINE 1TO PUBLISH AND DISTRIBUTE PERIODICALS, MAGZINES, BOOKS AND O WRITINGS, VIDEOS AND UTILIZE ALL OTHER TYPES OF MEDIUM OF CO WITH A VIEW TOWARDS ACHIEVING THE SPREADING OF KRISHNA CONCI OUSNESS.
FORM 990 XII LINE 2-CVEDA FOUNDATION HAS A COMMITTEE THAT ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT,REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS & SELECTION OF AN INDEPENDENT ACCOUNTAN
FORM 990 XII LINE 2-AFINANCIAL STATEMENTS FOR THE YEAR WERE COMPILED OR REVIEWED ON A SEPARATE BASIS

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