IIT MADRAS FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: IIT MADRAS FOUNDATION (EIN 47-1990700)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201913199349309861
Schema version: 2018v3.1
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
Schedule A
Schedule B
Schedule D
Schedule F
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T10:28:17-08:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	942921824	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Sweeney Kovar LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3800 Blackhawk Road 100	AddressLine1Txt
City	Danville	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94506	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	471990700	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	IIT MADRAS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IITM	BusinessNameControlTxt
Phone	5106735949	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	19925 STEVENS CREEK BLVD 100	AddressLine1Txt
City	CUPERTINO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95014	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PHILIP THACH	PersonNm
Person Title	CFO	PersonTitleTxt
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH C KOVAR CPA	PreparerPersonNm
PTIN	P00641453	PTIN
Phone	9256483660	PhoneNum

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	19925 STEVENS CREEK BLVD 100	AddressLine1Txt
City	CUPERTINO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95014	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$5,618,680	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
All Affiliates Included	false	AllAffiliatesIncludedInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTP://IITMFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2014	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY".	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$2,682,347	PYContributionsGrantsAmt
CY Contributions Grants	$4,018,645	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$51,746	PYInvestmentIncomeAmt
CY Investment Income	$82,802	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,734,093	PYTotalRevenueAmt
CY Total Revenue	$4,101,447	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,099,422	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,041,651	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$40,131	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$150,041	CYTotalFundraisingExpenseAmt
PY Other Expenses	$289,193	PYOtherExpensesAmt
CY Other Expenses	$216,413	CYOtherExpensesAmt
PY Total Expenses	$1,388,615	PYTotalExpensesAmt
CY Total Expenses	$1,298,195	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,345,478	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$2,803,252	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,557,961	TotalAssetsBOYAmt
Total Assets EOY	$7,740,893	TotalAssetsEOYAmt
Total Liabilities BOY	$532,677	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$314,414	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,025,284	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,426,479	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY".	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$1,041,651	ExpenseAmt
Grant	$1,041,651	GrantAmt
Desc	TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY" INCLUDING THE FOLLOWING ACHIEVEMENTS FOR 2018:1) CONTINUATION ON THE CONSTRUCTION OF A NEW TRACK STADIUM AT IIT MADRAS.2) CONTINUATION ON THE CONSTRUCTION OF A NEW BIO SCIENCES BUILDING AT IIT MADRAS.	Desc
Total Program Service Expenses	$1,041,651	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	Yes (true)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	false	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	1	EmployeeCnt
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Org Filed In Lieu Of Form1041	false	OrgFiledInLieuOfForm1041Ind
Licensed More Than One State	false	LicensedMoreThanOneStateInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PHILIP THACH	PersonNm
Phone	5106735949	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	19925 STEVENS CREEK BLVD 100	AddressLine1Txt
City	CUPERTINO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95014	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
SESHAN RAMMOHAN
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
ASHOK SANTHANAM
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
ROHINI CHAKRAVARTHY
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
VIJAY ULLAL
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
GIRISH MUCKAI
President	30.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
KRISHNA KITTU KOLLURI
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
KAMAL DUGGIRALA
BOARD MEMBER	5.00	0.00	Yes (X)	$0	$0	$0
DIWAKAR VISHAKHADATTA
Secretary	5.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
PHILIP THACH
CFO	5.00	0.00	Yes (X)	$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$4,018,645	AllOtherContributionsAmt
Noncash Contributions	$76,797	NoncashContributionsAmt
Total Contributions	$4,018,645	TotalContributionsAmt
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$107,412	TotalRevenueColumnAmt
Related Or Exempt Func Income	$107,412	RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,492,623	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,517,233	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$24,610	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$24,610	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$24,610	RelatedOrExemptFuncIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,101,447	TotalRevenueColumnAmt
Related Or Exempt Func Income	$82,802	RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$1,041,651	TotalAmt
Program Services	$1,041,651	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$40,131	TotalAmt
Management And General	$20,066	ManagementAndGeneralAmt
Fundraising	$20,065	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,309	TotalAmt
Management And General	$3,309	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$9,033	TotalAmt
Management And General	$9,033	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$126,226	TotalAmt
Management And General	$42,826	ManagementAndGeneralAmt
Fundraising	$83,400	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,517	TotalAmt
Fundraising	$1,517	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$219	TotalAmt
Management And General	$219	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
SHARED PROJECT FUND FEE	$20,000	$20,000
FUNDRAISING	$14,328	$14,328
ADMINISTRATIVE EXPENSES	$13,407		$13,407
SW & COMPUTER	$12,418		$12,418

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$15,956	TotalAmt
Management And General	$5,225	ManagementAndGeneralAmt
Fundraising	$10,731	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,298,195	TotalAmt
Program Services	$1,041,651	ProgramServicesAmt
Management And General	$106,503	ManagementAndGeneralAmt
Fundraising	$150,041	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,728,040	BOYAmt
EOY	$5,731,712	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$750,000	BOYAmt
EOY	$1,699,110	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$76,350	BOYAmt
EOY	$301,300	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,571	BOYAmt
EOY	$7,082	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,908	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$219	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$1,689	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,557,961	BOYAmt
EOY	$7,740,893	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$19,911	BOYAmt
EOY	$7,958	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$512,766	BOYAmt
EOY	$306,456	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$532,677	BOYAmt
EOY	$314,414	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$782,251	BOYAmt
EOY	$3,183,446	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,243,033	BOYAmt
EOY	$4,243,033	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,025,284	BOYAmt
EOY	$7,426,479	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,557,961	BOYAmt
EOY	$7,740,893	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$2,803,252	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$402,058	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$1	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
College Organization	Yes (X)	CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$50,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,794,394	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,777,833	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,682,348	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,018,645	CurrentTaxYearAmt
Total	$12,323,220	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$50,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,794,394	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,777,833	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,682,348	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,018,645	CurrentTaxYearAmt
Total	$12,323,220	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$0	SubstantialContributorsTotAmt
Public Support Total170	$12,323,220	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$2,654	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$51,746	CurrentTaxYearMinus1YearAmt
Current Tax Year	$82,802	CurrentTaxYearAmt
Total	$137,202	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$12,460,422	TotalSupportAmt
Public Support CY170	0.98900	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,908	OtherCostOrOtherBasisAmt
Depreciation	$219	DepreciationAmt
Book Value	$1,689	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,689	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ACCRUED LIABILITIES	Desc
Amt	$306,456	Amt

Field	Value	IRS element (for citing)
Total Liability	$306,456	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$4,101,447	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$4,101,447	RevenueSubtotalAmt
Total Revenue Per Form990	$4,101,447	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,298,195	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$1,298,195	ExpensesSubtotalAmt
Total Expenses Per Form990	$1,298,195	TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Purpose Of Grant	EDUCATIONAL	PurposeOfGrantTxt
Cash Grant	$1,041,651	CashGrantAmt
Manner Of Cash Disbursement	WIRE TRANSFE	MannerOfCashDisbursementTxt

Field	Value	IRS element (for citing)
Total Other Org	1	TotalOtherOrgCnt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION MONITORS USE OF FUNDS THROUGH PERIODIC REPORTS AND REVIEWS. ALL PROJECTS HAVE DETAILED GUIDELINES TO PROVIDE PROGRESS REPORTS. FUNDS ARE RELEASED ONLY WHEN MILESTONES ARE MET. ACTUAL DONORS ARE ALSO SENT COPIES OF SUCH REPORTS. ALL SCHOLARSHIPS, EXCELLENCE AWARDS, AND ENDOWMENT REPORTS ARE PROVIDED ANNUALLY TO THE ORGANIZATION AND ALSO TO THE ACUTAL DONORS OF THE FUNDS.THE ORGANIZATION MEETS WITH THE GRANTEES AT LEAST ONCE A YEAR TO REVIEW USAGE OF ALL GRANTS AND TO DISCUSS STATUS OF PROJECTS AND AWARDS GRANTED. IN ADDITION A CONFERENCE CALL TAKES PLACE AT LEAST ONCE A QUARTER TO OBTAIN STATUS REPORTS AND REVIEW GRANT ADMINISTRATION.THE UTILIZATION OF FUNDS REPORT IS PREPARED BY GRANTEES AND SENT TO THE ORGANIZATION EVERY YEAR WHICH DESCRIBES IN DETAILS HOW THE GRANT FUNDS WERE USED BY THE TRUSTEES. THIS REPORT IS IN TURN CIRCULATED TO THE ENTIRE ORGANIZATIONAL DONOR BASE POPULATION IN THE U.S. ANNUALLY.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Noncash Contributions Rpt F990	$76,797	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review Process	1) THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILTY FOR REVIEWING THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS (INCLUDING ALL PERTINENT SCHEDULES) BEFORE THEY ARE FILED WITH THE APPROPRIATE GOVERNMENT AGENCY.2) A DRAFT OF FORM 990 SHOULD BE READY FOR REVIEW BY THE AUDIT COMMITTEE NO LATER THAN ONE MONTH PRIOR TO FILING DEADLINE. THE AUDITED FINANCIAL STATEMENTS SHOULD BE REVIEWED BEFORE SUBMISSION TO THE TAX PREPARER FOR PURPOSES OF FILING FORM 990 WITH THE INTERNAL REVENUE SERVICE.3) AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE AUDIT COMMITTEE, THEY WILL HAVE NO MORE THAN TWO WEEKS TO COMPLETE THEIR REVIEW.4) IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, IT IS PREFERRED THAT THE AUDIT COMMITTEE DESIRES OR DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY SHOULD CONTACT THE PREPARER OF THE FORM 990 TO REQUEST COPIES OF THE RELEVENT DETAILED TAX RETURN WORKPAPERS WHICH THEY WOULD LIKE TO SEE.5) ONCE THE AUDIT COMMITTEE HAS COMPLETED ITS INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL WILL BE SCHEDULED WITH THE PREPARER OF THE FORM 990 (REGARDLESS OF WHETHER THE FORM 990 IS EXTERNALLY OR INTERNALLY PREPARED) TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE AUDIT COMMITTEE.6) THE PREPARER OF THE FORM 990 SHOULD MAKE ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS.7) ALL QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE AUDIT COMMITTEE SHOULD BE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE.8) AFTER THE FORM 990 HAS BEEN REVIEWED BY THE AUDIT COMMITTEE AND FILED WITH THE INTERNAL REVENUE SERVICE, THE AUDIT COMMITTEE WILL MAKE THE PRESENTATION AT THE NEXT FULL BOARD OF DIRECTORS MEETING TO UPDATE THE FULL BOARD REGARDING ITS REVIEW OF THE FORM 990. AT THIS MEETING WITH THE FULL BOARD OF DIRECTORS, IT IS NOT REQUIRED FOR THE AUDIT COMMITTEE TO REVIEW ALL OF THEIR QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS; A SUMMARY OF THEIR MORE IMPORTANT POINTS WILL BE SUFFICIENT.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	THE ORGANIZATION MONITORS USE OF FUNDS THROUGH PERIODIC REPORTS AND REVIEWS. ALL PROJECTS HAVE DETAILED GUIDELINES TO PROVIDE PROGRESS REPORTS. FUNDS ARE RELEASED ONLY WHEN MILESTONES ARE MET. ACTUAL DONORS ARE ALSO SENT COPIES OF SUCH REPORTS. ALL SCHOLARSHIPS, EXCELLENCE AWARDS, AND ENDOWMENT REPORTS ARE PROVIDED ANNUALLY TO THE ORGANIZATIONS AND ALSO TO THE ACTUAL DONORS OF THE FUND. THE ORGANIZATION MEETS WITH THE GRANTEES AT LEAST ONCE A YEAR TO REVIEW USAGE OF ALL GRANTS AND TO DISCUSS STATUS OF PROJECTS AND AWARDS GRANTED. IN ADDITION, A CONFERENCE CALL TAKES PLACE AT LEAST ONCE A QUARTER TO OBTAIN STATUS REPORTS AND REVIEW GRANT ADMINISTRATION.THE UTILIZATION OF FUNDS REPORT IS PREPARED BY GRANTEES AND SENT TO THE ORGANIZATION EVERY YEAR WHICH DESCRIBES IN DETAILS HOW THE GRANT FUNDS WERE USED BY THE GRANTEES. THIS REPORT IS IN TURN CIRCULATED TO THE ENTIRE ORGANIZATIONAL DONOR BASE POPULATION IN THE U.S. ANNUALLY.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	No documents available to the public.
Other Changes In Net Assets Or Fund Balances - Other Increases	ROUNDING = $1