DESAI FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: DESAI FOUNDATION (EIN 04-3433749)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2018-05-04
IRS object ID: 201811249349100631
Schema version: 2016v3.0
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-05-04T11:58:51-07:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Goldberg Harder Adelstein & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	132 Lincoln Street	AddressLine1Txt
City	Boston	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021112526	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	043433749	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DESAI FOUNDATION	BusinessNameLine1Txt
Business Name Line2	CO ADITI	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	DESA	BusinessNameControlTxt
Phone	7812703655	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 SUMMIT DRIVE	AddressLine1Txt
City	BURLINGTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01803	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SAMIR DESAI	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2018-05-04	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD BYRNE	PreparerPersonNm
PTIN	P01392195	PTIN
Phone	6174263350	PhoneNum

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,434,862	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$331,740	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$52,807	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$52,807	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$52,807	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$136,536	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$10,199,287	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$136,536	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$91,376	NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss	$521,083	TotalRevAndExpnssAmt
Total Net Invst Incm	$189,343	TotalNetInvstIncmAmt
Total Adj Net Incm	$144,183	TotalAdjNetIncmAmt
Oth Empl Slrs Wgs Rev And Expnss	$501	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$501	OthEmplSlrsWgsDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$5,875	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$5,875	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$53,213	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$22,544	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$30,669	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$144	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$144	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$68,711	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$68,711	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$128,444	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$22,544	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$105,900	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$51,055	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$51,055	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$179,499	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$22,544	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$156,955	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$341,584	ExcessRevenueOverExpensesAmt
Net Investment Income	$166,799	NetInvestmentIncomeAmt
Adjusted Net Income	$144,183	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$541,268	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$223,219	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$223,219	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$8,317	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$8,317	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$8,717	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$2,290,706	CorporateStockBOYAmt
Corporate Stock EOY	$2,941,136	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,202,926	CorporateStockEOYFMVAmt
Total Assets BOY	$2,840,291	TotalAssetsBOYAmt
Total Assets EOY	$3,172,672	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,434,862	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$80,684	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$71,481	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$80,684	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$71,481	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$2,759,607	UnrestrictedBOYAmt
Unrestricted EOY	$3,101,191	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,759,607	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,101,191	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,840,291	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,172,672	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,759,607	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$341,584	ExcessRevenueOverExpensesAmt
Subtotal	$3,101,191	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$3,101,191	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEY	P	2016-07-01	2017-06-30	$9,899,182	$9,807,806	$91,376	$91,376
MORGAN STANLEY	P	2015-07-01	2017-06-30	$300,105	$254,945	$45,160	$45,160

Field	Value	IRS element (for citing)
Capital Gain Net Income	$136,536	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$91,376	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$206,767	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$2,800,182	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.07384	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$151,855	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$2,944,527	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.05157	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$123,767	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$2,399,092	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.05159	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$131,967	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,928,826	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.06842	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$96,064	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$1,849,121	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.05195	DistributionYr5Rt
Total Distribution	0.297371	TotalDistributionRt
Average Distribution	0.059474	AverageDistributionRt
Net Vl Noncharitable Assets	$3,206,633	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$190,711	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$1,668	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$192,379	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$156,955	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,336	InvestmentIncomeExciseTaxAmt
Subtotal	$3,336	SubtotalAmt
Tax Based On Investment Income	$3,336	TaxBasedOnInvestmentIncomeAmt
Tax Due	$3,336	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	MA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SAMIR DESAI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7812703655	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	128 WHEELER ROAD	AddressLine1Txt
City	BURLINGTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01803	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
SAMIR DESAI
62 DAVISION DRIVE	LINCOLN	MA	01773	TRUSTEE	4.00	$0
NILIMA DESAI
62 DAVISON DRIVE	LINCOLN	MA	01773	TRUSTEE	2.00	$0
MOHA DESAI
C/O 62 DAVISON DRIVE	LINCOLN	MA	01773	TRUSTEE	2.00	$0
MEGHA DESAI
62 DAVISON DRIVE	LINCOLN	MA	01773	TRUSTEE	2.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,889,163	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$366,302	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,255,465	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$3,255,465	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$48,832	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,206,633	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$160,332	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$160,332	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,336	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,336	TotalTaxAmt
Distributable Before Adj	$156,996	DistributableBeforeAdjAmt
Distributable Before Ded	$156,996	DistributableBeforeDedAmt
Distributable As Adjusted	$156,996	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$156,955	ExpensesAndContributionsAmt
Qualifying Distributions	$156,955	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$156,955	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$156,996	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$3,209	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$12,129	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$16,244	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$67,214	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$98,796	TotalExcessDistributionCyovAmt
Qualifying Distributions	$156,955	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$156,955	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$41	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$41	ExcessDistributionCyovAppCYAmt
Total Corpus	$98,755	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$98,755	ExcessDistriCyovToNextYrAmt
Excess From Year4	$3,168	ExcessFromYear4Amt
Excess From Year3	$12,129	ExcessFromYear3Amt
Excess From Year2	$16,244	ExcessFromYear2Amt
Excess From Year1	$67,214	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	SAMIR DESAI	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd
UNTDI VIBHAG KELAVNI MANDAL
UNTDI VIA DUNGRI RS	GUJARAT	GUJARAT	IN	396 385	NONE	PC	SCHOOL BLDG	$25,000
GURJAR
					NONE	PC	SUPPORT	$1,280	214 IPSWICH ROAD	BOXFORD	MA	01821
PAN AM CHALLENGE
					NA	PC	GENERAL SUPPORT	$200	77 4TH AVENUE	NEEDHAM	MA	02494
PATIDAR SAMAJ
					NA	PC	DIWALI	$850	1705 MIDDLESEX STREET	LOWELL	MA	01852
COMMUNITY IMPACT
					NONE	PC	SUPPORT	$5,000	211 MAIN ST	MILFORD	MA	01757
MIDDLESEX COMMUNITY COLLEGE FDN
					NONE	PC	SUPPORT	$2,500	PO BOX 716	BEDFORD	MA	01730
AMERICAN INDIA FDN
					NONE	PC	SUPPORT	$2,500	216 E 45TH STREET	NEW YORK	NY	10017
SHREE YOGANAND SARASWATI
ANANT-SMRUTI	TALANGPUR	GUJARAT	IN	394230	NONE	PC	SUPPORT	$7,225
DECORDOVA MUSEUM
						PC	SUPPORT	$2,500	5 SANDY POND RD	LINCOLN	MA	01773
LAHEY PHILANTHROPIC
					NA	PC	SUPPORT	$1,000	41 MALL RD	BURLINGTON	MA	01805
NRITYANJALI PERFORMANCE ENSEMBLE
					NA	PC	SUPPORT	$1,500	18800 CROSS COUNTRY LN	GAITHERSBURG	MD	20879
ASHA FOR EDUCATION
					NA	PC	SUPPORT	$500	PO BOX 398080	SAN FRANCISCO	CA	94139
SAKHI GALA
					NA	PC	SUPPORT	$400	PO BOX 1333	NEW YORK	NY	10008
SUMMER SEARCH
					NA	PC	SUPPORT	$400	3840 WASHINGTON ST	JAMAICA PLAIN	MA	02130
ANURADHA PALAKURTHI FDN
					NA	PC	SUPPORT	$200	BOSTON POST RD	WESTON	MA	02493

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$51,055	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$52,807	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$136,536	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$189,343	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$189,343	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (9 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
SAMIR DESAI
1	62 DAVISON DRIVE	LINCOLN	MA	01773	$177,527	Yes (X)
MORGAN STANLEY
2	125 HIGH STREET	BOSTON	MA	02110	$15,000	Yes (X)
RAJ SHARMA
3	19 BLACK ELK RD	SHARON	MA	02067	$5,000	Yes (X)
BRUCE SCHWARTZMAN
4	175 WASHINGTON ST	WINCHESTER	MA	01890	$5,000	Yes (X)
HARISH KOKILA PATEL
5	22 BRENT RD	LEXINGTON	MA	02420	$5,000	Yes (X)
VENKAT SRINIVASAN
6	11 CUTTERS BLUFF	WESTON	MA	02493	$5,000	Yes (X)
RICHARD BYRNE
7	18 ALBANY RD	WALPOLE	MA	02081	$5,000	Yes (X)
GENNARI ARONSON LLP
8	300 1ST ST	NEEDHAM HEIGHTS	MA	02494	$5,000	Yes (X)
JP MORGAN CHASE BANK
9	1 BEACON ST	BOSTON	MA	02108	$10,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$5,875	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$5,875	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADVERTISING AND PROMOTION	$2,831	$2,831
FUNDRAISING	$27,003	$27,003
OFFICE EXPENSE	$3,908	$3,908
TEMPORARY HELP	$15,043	$15,043
TRAVEL	$19,926	$19,926

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MGMT	$22,544	$22,544	$0	$0
OTHER PROF FEES	$30,669	$0	$0	$30,669

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	PAYROLL TAXES	CategoryTxt
Amt	$144	Amt
Disbursements Charitable Prps	$144	DisbursementsCharitablePrpsAmt

DESAI FOUNDATION: Form 990PF, tax year 2016

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Filer Filer

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Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

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Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

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Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (9 entries)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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