LILY FOUNDATION OF AMERICA: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LILY FOUNDATION OF AMERICA (EIN 75-2900313)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-09-27
IRS object ID
201922709349300842
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-09-27T13:07:24-04:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Line113111 N CENTRAL EXPWAY STE 150AddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75243ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-06-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMUHAMMAD A SHAMIMPreparerPersonNm
PTINP00960798PTIN
Phone2143156392PhoneNum
Preparation2019-09-27PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.183.234.26IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-27IPDt
IP Tm13:09:32IPTm
Federal Original Submission Id7598062019270ps4a3skFederalOriginalSubmissionId
Federal Original Submission Id2019-09-27FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD45E582C93482287D13F6208107BEE305146CCB6AtSubmissionCreationDeviceId
At Submission Filing Device IdD45E582C93482287D13F6208107BEE305146CCB6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$329,311GrossReceiptsAmt
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$327,954CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$1,357CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$329,311CYTotalRevenueAmt
CY Grants And Similar Paid$128,989CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$23,345CYTotalFundraisingExpenseAmt
CY Other Expenses$26,399CYOtherExpensesAmt
CY Total Expenses$155,388CYTotalExpensesAmt
CY Revenues Less Expenses$173,923CYRevenuesLessExpensesAmt
Total Assets BOY$162,130TotalAssetsBOYAmt
Total Assets EOY$336,560TotalAssetsEOYAmt
Total Liabilities EOY$507TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$162,130NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$336,053NetAssetsOrFundBalancesEOYAmt
MissionTHE MAIN PURPOSE IS TO PROVIDE EDUCATION GRANTS ASSISTANCE TO POOR STUDENTSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$128,989ExpenseAmt
DescFREE EDUCATION TO THE POORGRANTEE: THE LILY FOUNDATION, INDIADesc
Total Program Service Expenses$128,989TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
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
TITAS SARKER
PRESIDENT12.000.00Yes (X)$0$0$0
SANTANU BANERJEE
VICE PRESIDENT8.000.00Yes (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
DIRECTOR8.000.00Yes (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$327,954AllOtherContributionsAmt
Total Contributions$327,954TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,357TotalRevenueColumnAmt
Exclusion$1,357ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$329,311TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,357ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$129TotalAmt
Program Services$129ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$885TotalAmt
Program Services$885ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$127,975TotalAmt
Program Services$127,975ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$23,717TotalAmt
Management And General$372ManagementAndGeneralAmt
Fundraising$23,345FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,682TotalAmt
Management And General$2,682ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$155,388TotalAmt
Program Services$128,989ProgramServicesAmt
Management And General$3,054ManagementAndGeneralAmt
Fundraising$23,345FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$162,130BOYAmt
EOY$336,560EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$162,130BOYAmt
EOY$336,560EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$507EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$507EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$162,130BOYAmt
EOY$336,053EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$162,130BOYAmt
EOY$336,053EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$162,130BOYAmt
EOY$336,560EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$173,923ReconcilationRevenueExpnssAmt
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$124,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$102,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$153,035CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,149CurrentTaxYearMinus1YearAmt
Current Tax Year$327,954CurrentTaxYearAmt
Total$859,241TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$102,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$153,035CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,149CurrentTaxYearMinus1YearAmt
Current Tax Year$327,954CurrentTaxYearAmt
Total$859,241TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$859,241PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$102,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$153,035CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,149CurrentTaxYearMinus1YearAmt
Current Tax Year$327,954CurrentTaxYearAmt
Total$859,241TotalAmt
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

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCREDIT CARDSDesc
Amt$507Amt
FieldValueIRS element (for citing)
Total Liability$507TotalLiabilityAmt

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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