LILY FOUNDATION OF AMERICA: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LILY FOUNDATION OF AMERICA (EIN 75-2900313)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202013179349300501
Schema version
2019v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-12T01:16:42-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273482958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SG INC CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1555 REPUBLIC DR STE 500AddressLine1Txt
CityPlanoCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75094ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752900313EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LILY FOUNDATION OF AMERICA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLILYBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 59824AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANIRUDHA MAITRAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2143511231PhoneNum
Signature2020-11-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMUHAMMAD A SHAMIMPreparerPersonNm
PTINP00960798PTIN
Phone2143156392PhoneNum
Preparation2020-11-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address97.99.220.170IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-12IPDt
IP Tm01:18:46IPTm
Federal Original Submission Id7532932020317s1544z2FederalOriginalSubmissionId
Federal Original Submission Id2020-11-12FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id4FB7130E9C3A8865F7B846D51B822616898B46F2AtSubmissionCreationDeviceId
At Submission Filing Device Id4FB7130E9C3A8865F7B846D51B822616898B46F2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$301,508GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE MAIN PURPOSE IS TO PROVIDE EDUCATION GRANTS ASSISTANCE TO POOR STUDENTSActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$298,628CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$2,880CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$301,508CYTotalRevenueAmt
CY Grants And Similar Paid$233,673CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$32,086CYTotalFundraisingExpenseAmt
CY Other Expenses$37,336CYOtherExpensesAmt
CY Total Expenses$271,009CYTotalExpensesAmt
CY Revenues Less Expenses$30,499CYRevenuesLessExpensesAmt
Total Assets BOY$336,560TotalAssetsBOYAmt
Total Assets EOY$366,552TotalAssetsEOYAmt
Total Liabilities BOY$507TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$336,053NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$366,552NetAssetsOrFundBalancesEOYAmt
MissionTHE MAIN PURPOSE IS TO PROVIDE EDUCATION GRANTS ASSISTANCE TO POOR STUDENTSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$233,673ExpenseAmt
DescFREE EDUCATION TO THE POORGRANTEE: THE LILY FOUNDATION, INDIADesc
Total Program Service Expenses$233,673TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
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
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G7IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
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
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOGESWARI P SARKARPersonNm
Phone2143511231PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17109 BETTIS DRAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76133ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANIRUDDHA MAITRA
PRESIDENT12.000.00Yes (X)$0$0$0
AYESHA GANGULY
DIRECTOR8.000.00Yes (X)$0$0$0
RIMA MANNING
SECRETARY5.000.00Yes (X)$0$0$0
MEGHNA SHARMA
TREASURER6.000.00Yes (X)$0$0$0
SHASWATHA BANDOPADHYA
DIRECTOR4.000.00Yes (X)$0$0$0
ANISH RAY
VICE PRESIDENT8.000.00Yes (X)$0$0$0
JOGESWARI P SARKAR
DIRECTOR50.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$298,628AllOtherContributionsAmt
Total Contributions$298,628TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,880TotalRevenueColumnAmt
Exclusion$2,880ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$301,508TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,880ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$673TotalAmt
Program Services$673ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$233,000TotalAmt
Program Services$233,000ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$36,035TotalAmt
Management And General$3,949ManagementAndGeneralAmt
Fundraising$32,086FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,041TotalAmt
Management And General$1,041ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$260TotalAmt
Management And General$260ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$271,009TotalAmt
Program Services$233,673ProgramServicesAmt
Management And General$5,250ManagementAndGeneralAmt
Fundraising$32,086FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$336,560BOYAmt
EOY$366,552EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$336,560BOYAmt
EOY$366,552EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$507BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$507BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$336,053BOYAmt
EOY$366,552EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$336,053BOYAmt
EOY$366,552EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$336,560BOYAmt
EOY$366,552EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$30,499ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$102,647CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$153,035CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$151,149CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$327,954CurrentTaxYearMinus1YearAmt
Current Tax Year$298,628CurrentTaxYearAmt
Total$1,033,413TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$102,647CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$153,035CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$151,149CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$327,954CurrentTaxYearMinus1YearAmt
Current Tax Year$298,628CurrentTaxYearAmt
Total$1,033,413TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,033,413PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$102,647CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$153,035CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$151,149CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$327,954CurrentTaxYearMinus1YearAmt
Current Tax Year$298,628CurrentTaxYearAmt
Total$1,033,413TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5090.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Governing body decisions Part VI line 7bTHERE ARE 7 OFFICERS IN THIS ENTITY. BEFORE MAKING ANY IMPORTANT DECISION BOARD MEMBERS WILL HOLD A MEETING TO DISCUSS ANY POTENTIAL PROJECT. AFTER THE DISCUSSION MEMBERS WILL HAVE THE CHANCE TO VOTE ON THE PROJECT AND DECISIONS WILL BE MADE BASED ON MAJORITY VOTES.
Form 990 governing body review Part VI line 11A COMPLETE COPY OF THIS TAX RETURN WAS PROVIDED TO THE GOVERNING BOARD AND THEY APPROVED IT TO BE FILED.
CEO executive director top management comp Part VI line 15aTHERE IS NO WAGES OR COMPENSATIONS PROVIDED TO ANY OFFICER, DIRECTOR, OR TOP MANAGEMENT AT THIS POINT. THIS ORGANIZATION HAS NO INTENTION TO PROVIDE ANY SALARIES TO ITS OFFICER OR TOP MANAGEMENT ANY TIME IN THE NEAR FUTURE. IN CASE ANY THING CHANGES IN THIS REGARDS, THE BOARD OF DIRECTORS SHOULD REVIEW AND APPROVE ANY WAGES OR COMPENSATION.
Other officer or key employee compensation Part VI line 15bTHERE IS NO WAGES OR SALARIES PROVIDED TO EMPLOYEES OR OFFICERS. THE ORGANIZATION HAS NO INTENTION PROVIDE ANY COMPENSATIONS IN NEAR FUTURE. IF ANYTHING CHANGES IN THIS REGARD, COMPENSATIONS NEEDS TO BE REVIEWED BY BOARD OF DIRECTORS TO INSURE ITS REASONABLE AND RELATED TO THE AVERAGE MARKET STANDARDS.
Governing documents etc available to public Part VI line 19ALL BOOKS AND RECORDS ARE AVAILABLE UPON REQUEST. SOME OF THE GENERAL INFORAMTION IS ALSO AVAILABLE ON OUR WEBSITE
List of other fees for services expenses Part IX line 11g- CREDIT CARD COLLECTION COST $172.00- BANK CHARGES $200.0
List of other expenses Part IX line 24e- ANNUAL FUNDRAISING DINNER $21,511.00- OTHER EVENTS $1,834.00

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