WADHWANI CHARITABLE FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- WADHWANI CHARITABLE FOUNDATION (EIN 77-0450893)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201733199349104603
- 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
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T17:12:43-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941341042 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK RIMERMAN & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770450893 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WADHWANI CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WADH | BusinessNameControlTxt |
| Phone | 6509462549 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1987 | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94023 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROMESH WADHWANI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 6509462549 | PhoneNum |
| Signature | 2017-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A CHOJNACKI | PreparerPersonNm |
| PTIN | P00428607 | PTIN |
| Phone | 6508458100 | PhoneNum |
| Preparation | 2017-11-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.204.21.130 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-13 | IPDt |
| IP Tm | 09:53:07 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A9773DE440AB0478E85C913779B51AA14896A6E4 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $78,751,866 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $8,845,104 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $82 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $467,738 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,555 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $346,754 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,463,405 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,779,570 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,667,207 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,499,852 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,043,628 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,810,998 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,525,327 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $765,653 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $38,283 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $612,522 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $66,032 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,302 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $59,429 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $25,223 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,783 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $20,178 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $68,171 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,226 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $54,537 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $69,463 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $40,600 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $95,104 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $14,266 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $188,422 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $28,084 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $147,398 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $110,549 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $162,998 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $146,698 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $229,085 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,460,766 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $28,148 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,845,633 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,530,626 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,072,661 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,827,013 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,827,013 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,672,646 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,530,626 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,899,674 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,138,352 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,994,701 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,970 | CashBOYAmt |
| Cash EOY | $5,866 | CashEOYAmt |
| Cash EOYFMV | $5,866 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,181,190 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,330,265 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,330,265 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,622,696 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,518,849 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,622,696 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,622,696 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $11,019 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $14,081 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $14,081 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $68,658,961 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $72,391,332 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $72,391,332 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $362,835 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $260,526 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $89,105 | LandBOYAmt |
| Land EOY | $102,309 | LandEOYAmt |
| Land EOYFMV | $102,309 | LandEOYFMVAmt |
| Other Assets BOY | $370,870 | OtherAssetsBOYAmt |
| Other Assets EOY | $285,317 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $285,317 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $72,833,964 | TotalAssetsBOYAmt |
| Total Assets EOY | $78,751,866 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $78,751,866 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $223,201 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $220,419 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $7,250,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $32,332 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,473,201 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $252,751 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $65,360,763 | UnrestrictedBOYAmt |
| Unrestricted EOY | $78,499,115 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $65,360,763 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $78,499,115 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $72,833,964 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $78,751,866 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $65,360,763 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,138,352 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $78,499,115 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $78,499,115 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| UNREALIZED GAIN/LOSS | P | $2,463,405 | $2,463,405 | $0 | $0 |
| SCHF US, LP | P | $639,851 | $639,851 | $639,851 | |
| SCHF US, LP | P | $799,490 | $799,490 | $799,490 | |
| TENNENBAUM OPPORTUNITIES FUND VI, LLC | P | $19,060 | $19,060 | $19,060 | |
| TENNENBAUM OPPORTUNITIES FUND VI, LLC | P | $279,183 | $279,183 | $279,183 | |
| WASPIRE INVESTMENTS LLC | P | $0 | $0 | ||
| WASPIRE INVESTMENTS LLC | P | $1,237,939 | $1,237,939 | $1,237,939 | |
| GUARDIAN POINT, LP | P | $16,518 | -$16,518 | -$16,518 | |
| GUARDIAN POINT, LP | P | $83,540 | $83,540 | $83,540 | |
| ICQ OPPORTUNITIES FUND 2, LP | P | $0 | $0 | ||
| ICQ OPPORTUNITIES FUND 2, LP | P | $0 | $0 | ||
| CORRUM CAPITAL GLOBAL CREDIT OPPORTUNITIES FUND | P | $21,217 | $21,217 | $21,217 | |
| CORRUM CAPITAL GLOBAL CREDIT OPPORTUNITIES FUND | P | $235,885 | $235,885 | $235,885 | |
| LESS: AMOUNT REPORTED ON FORM 990-T AS UBTI | P | $614,821 | -$614,821 | -$614,821 | |
| LESS: AMOUNT REPORTED ON FORM 990-T AS UBTI | P | $17,619 | -$17,619 | -$17,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,667,207 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,627,924 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $69,489,712 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037817 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,389,385 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $65,740,864 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.036346 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,096,491 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $60,324,082 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051331 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,468,484 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $59,418,652 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.024714 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,252,905 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $52,344,145 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.023936 | DistributionYr5Rt |
| Total Distribution | 0.174144 | TotalDistributionRt |
| Average Distribution | 0.034829 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $71,450,901 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,488,563 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $29,947 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,518,510 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,960,986 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $29,947 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $29,947 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $29,947 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $116,380 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $116,380 | TotalPaymentsAndCreditsAmt |
| Overpayment | $86,433 | OverpaymentAmt |
| Applied To ES Tax | $86,433 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://WWW.WFGLOBAL.ORG/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CO WADHWANI FAMILY OFFICE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6509462549 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOUR MAIN STREET SUITE 120 | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | IN | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | Yes (1) | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (1) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROMESH T WADHWANI | ||||||||
| PO BOX 1987 | LOS ALTOS | CA | 94023 | CEO | 0.50 | $0 | $0 | $0 |
| KATHLEEN E WADHWANI | ||||||||
| PO BOX 1987 | LOS ALTOS | CA | 94023 | SECRETARY/CFO | 0.50 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt | Foreign PostalForeignAddress/ForeignPostalCd | Address Line2ForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| SUMAN SASMAL | ||||||||||
| R N MUKHERJEE ROAD | KOLKATA | WEST BENGAL | IN | MD-INDIA AND SOUTH E | 40.00 | $87,516 | $134 | $6,210 | ||
| RAJESH CHAKRABARTI | ||||||||||
| D2/2452 VASANT KUNJ | NEW DELHI | IN | EXECUTIVE DIRECTOR, | 40.00 | $86,211 | $242 | $6,210 | 110070 | ||
| ATUL RAJA | ||||||||||
| FLAT 4 7TH FLOOR BLOCK 10 PRESTIGE | BANGALORE | IN | EXECUTIVE VP, MARKET | 40.00 | $76,979 | $322 | $6,210 | SHANTINIKET | ||
| SUNITA SINGH | ||||||||||
| THAKUR BHAVAN GROUND FLOOR KHAR | MUMBAI | IN | EXECUTIVE VP, GLOBAL | 40.00 | $68,137 | $322 | $6,210 | WEST | ||
| AUSTIN THOMAS | ||||||||||
| 15 WHISPERING WINDS ENCLAVE | BANGALORE | IN | EXECUTIVE VICE-PRESI | 40.00 | $67,526 | $322 | $6,210 | 560066 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| HARMAN CONNECTED SERVICES CORPORATION INDIA PV | ||||||||||
| SUBRAMANYA TECH PARK TOWER B GROUND | FLOOR PLOT | BANGALORE | IN | 560066 | OFFICE RENTAL ,OFFICE MAINTENANCE,ELECTRICITY & OTHER SERVICES | $148,248 | ||||
| RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF | ||||||||||
| DEVELOPING MEDICAL ASSISTANT MODULES | $70,500 | 230 WEST 41ST STREET 7TH FLOOR | NEW YORK | NY | 10036 | |||||
| YESKAY WORLD TOURS BANGALORE PVT LTD | ||||||||||
| NO 5 NEHUR ROAD 1ST FLOOR OPP | SREERAJ LASSI BAR | BANGALORE | IN | 560084 | TRANSPORT AGENT FOR AIR TICKETS, INSURANCE AND VISA | $50,529 | ||||
| ZANELINI LEATHERWEAR | ||||||||||
| 143-145 OAKHLA INDUSTRIAL ESTATE | PHASE 3 | NEW DELHI | IN | OFFICE RENTAL | $50,337 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,009,410 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $70,529,576 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $72,538,986 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $72,538,986 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,088,085 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $71,450,901 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,572,545 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,572,545 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,947 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $182,079 | IncomeTaxAmt |
| Total Tax | $212,026 | TotalTaxAmt |
| Distributable Before Adj | $3,360,519 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,360,519 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,360,519 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,899,674 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $61,312 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $2,960,986 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $29,947 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,931,039 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,360,519 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $145,908 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $145,908 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,960,986 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,960,986 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $145,908 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $145,908 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $253,625 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROMESH T WADHWANI | ContributingManagerNm |
| Contributing Manager | KATHLEEN E WADHWANI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN INDIA FOUNDATION | ||||||||||||
| 2216 E 45TH ST 7TH FLOOR | NEW YORK | NY | 10017 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $23,500 | |||||
| CARNEGIE MELLON | ||||||||||||
| 5000 FORBES AVENUE | PITTSBURGH | PA | 15213 | NONE | PC: 509(A)(1) | FOR EDUCATIONAL PURPOSES | $244,513 | |||||
| CENTER FOR STRATEGIC & INTL STUDIES | ||||||||||||
| 1800 K ST NW 400 | WASHINGTON DC | DC | 20006 | NONE | PC: 509(A)(1) | TO SUPPORT WADHWANI CHAIR IN U.S.-INDIA POLICY STUDIES | $260,000 | |||||
| DOCTORS WITHOUT BORDERS | ||||||||||||
| PO BOX 5030 | HAGERSTOWN | MD | 217415030 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $10,000 | |||||
| EXPLORATORIUM | ||||||||||||
| PIER 15 | SAN FRANCISCO | CA | 94111 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $5,000 | |||||
| FOUNDATION FOR EXCELLENCE | ||||||||||||
| 1270 OAKMEAD PARKWAY SUITE 111 | SUNNYVALE | CA | 94085 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $20,000 | |||||
| FRESH LIFELINES FOR YOUTH | ||||||||||||
| 568 VALLEY WAY | MILPITAS | CA | 95035 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $5,000 | |||||
| IIT BOMBAY HERITAGE FOUNDATION | ||||||||||||
| 21710 STEVENS CREEK BLVD 115 | CUPERTINO | CA | 95014 | NONE | PC: 509(A)(1) | TOWARDS WADHWANI RESEARCH CENTER FOR BIOENGINEERING AT IIT BOMBAY | $500,000 | |||||
| INDIA COMMUNITY CENTER INC | ||||||||||||
| 285 N WOLFE ROAD SUITE 102 | SUNNYVALE | CA | 94085 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $25,000 | |||||
| INSTEM | ||||||||||||
| NONE | NC - FOREIGN ER | CARDIAC AND NEURAL RESEARCH PROJECT | $300,000 | GKVK BELLARY ROAD | GKVK | BANGALORE | IN | 560 065 | ||||
| KENNEDY CENTER | ||||||||||||
| 2700 F ST NW | WASHINGTON DC | DC | 20566 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $400,000 | |||||
| KQED | ||||||||||||
| 2601 MARIPOSA STREET | SAN FRANCISCO | CA | 94110 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $2,000 | |||||
| LUCILE PACKARD CHILDREN'S FUND | ||||||||||||
| 400 HAMILTON AVENUE SUITE 340 | PALO ALTO | CA | 94301 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $2,000 | |||||
| SECOND HARVEST FOOD BANK | ||||||||||||
| 750 CURTNER AVENUE | SAN JOSE | CA | 95125 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $15,000 | |||||
| SILICON VALLEY COMMUNITY FOUNDATION | ||||||||||||
| 2440 WEST EL CAMINO REAL SUITE 300 | MOUNTAIN VIEW | CA | 940401498 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $10,000 | |||||
| TIDES FOUNDATION | ||||||||||||
| 1012 TORNEY AVE | SAN FRANCISCO | CA | 94129 | NONE | PC: 509(A)(1) | GENERAL OPERATING SUPPORT | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,827,013 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $82 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,555 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $5,499,852 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,463,405 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,965,894 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,965,894 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| ROMESH WADHWANI | |||||||
| 1 | PO BOX 1987 | LOS ALTOS | CA | 94023 | $95,104 | Yes (X) | |
| ROMESH WADHWANI | |||||||
| 2 | PO BOX 1987 | LOS ALTOS | CA | 94023 | $7,250,000 | Yes (X) | |
| ROMESH WADHWANI | |||||||
| 3 | PO BOX 1987 | LOS ALTOS | CA | 94023 | $1,500,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | FOREGONE INTEREST | $95,104 | 2016-12-31 |
| 2 | FORGIVEN DEBT | $7,250,000 | 2016-10-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $68,171 | Amt |
| Net Investment Income | $10,226 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $54,537 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTEM | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | GKVK BELLARY ROAD | AddressLine1Txt |
| City | GKVK | CityNm |
| Province Or State | BANGALORE | ProvinceOrStateNm |
| Country | IN | CountryCd |
| Foreign Postal | 560065 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2016-03-04 | GrantDt |
| Grant | $300,000 | GrantAmt |
| Purpose Of Grant | THE PURPOSE OF THIS PROJECT IS TO CONDUCT WORLD-CLASS RESEARCH IN KEY TOPIC AREAS IN CARDIAC AND NEURAL REPAIR AND REGENERATION, LEVERAGING STEM CELL BIOLOGY AND TO BRING IN WORLD LEADERS IN STEM CELL BIOLOGY AND CARDIAC RESEARCH UNDER ONE UMBRELLA TO STUDY INHERITED CARDIOMYOPATHIES WITH A VIEW TOWARDS DEVELOPING STRATEGIES FOR TREATMENT. THE DEVELOPMENT OF METHODS TO CREATE CELL-CULTURES OF HUMAN EMBRYONIC STEM CELLS AND MORE RECENTLY, INDUCED PLURIPOTENT (IPS) CELLS ALLOWS THE INVESTIGATIONS OF MANY HUMAN INHERITED DISEASES IN CELL CULTURE. THIS GREATLY ENHANCES THE LIKELY SUCCESS IN OUR SEARCH FOR PATIENT-SPECIFIC THERAPIES AND ONES THAT ARE SPECIFIC TO POPULATION SUBTYPES. ADVANCES IN GENETIC TESTING HAVE REVEALED THAT THE INHERITED CARDIOMYOPATHIES ARE A LARGE PUBLIC HEALTH PROBLEM, BUT THE VAST NUMBER OF MUTATIONS INVOLVED WILL MAKE IT DIFFICULT TO DEVELOP NOVEL THERAPIES. | PurposeOfGrantTxt |
| Expended By Grantee | $300,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NONE | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 12/31/16 | DatesOfReportsByGranteeTxt |
| Results Of Verification | THE FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS. | ResultsOfVerificationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TENNENBAUM OPPORTUNITIES | FMV | $1,578,038 | $1,578,038 |
| KOTAK WM INDIA FUND | FMV | $3,553,118 | $3,553,118 |
| GLOBAL OPPORTUNITIES FUND | FMV | $9,708,382 | $9,708,382 |
| SEQUOIA CAPITAL HERTIAGE FUND | FMV | $31,314,115 | $31,314,115 |
| WASPIRE INVESTMENTS LLC | FMV | $16,069,118 | $16,069,118 |
| THINK INVESTMENTS | FMV | $2,930,738 | $2,930,738 |
| GUARDIAN POINT, LP | FMV | $1,640,634 | $1,640,634 |
| ICQ OPPORTUNITIES FUND | FMV | $379,188 | $379,188 |
| CORRUM CAPITAL GLOBAL | FMV | $5,218,001 | $5,218,001 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & COMPLIANCE | CategoryTxt |
| Legal Fees | $25,223 | LegalFeesAmt |
| Net Investment Income | $3,783 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,178 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSITS | $88,696 | $92,977 | $92,977 |
| RECEIVABLE FROM WADHWANI OPERATING FOUNDATION | $99,912 | $143,286 | $143,286 |
| ADVANCE TO EMPLOYEE | $37 | $84 | $84 |
| EXCISE TAX ASSET | $182,225 | $48,970 | $48,970 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MARKETING EXPENSE | -$57,670 | $0 | $0 |
| BANK CHARGES | $11,069 | $11,069 | $0 |
| OFFICE EXPENSES | $61,483 | $0 | $0 |
| BOOKS | $1,405 | $0 | $703 |
| RECRUITING EXPENSE | $60,528 | $0 | $0 |
| UTILITIES | $70,052 | $0 | $0 |
| COMPUTER MAINTENANCE | $12,839 | $0 | $0 |
| CREATIVE FEES | $20,341 | $0 | $10,171 |
| POSTAGE | $4,385 | $0 | $2,193 |
| WEBSITE DEVELOPMENT EXPENSE | $28,166 | $0 | $0 |
| OTHER EXPENSES | $1,406 | $0 | $0 |
| EVENT EXPENSES | $15,081 | $0 | $15,081 |
| DEDUCTIONS FROM SCHF US, LP | $0 | $1,206,714 | $0 |
| DEDUCTIONS FROM TENNENBAUM OPPORTUNITIES FUND VI, LLC | $0 | $30,975 | $0 |
| DEDUCTIONS FROM WASPIRE INVESTMENTS LLC | $0 | $37,522 | $0 |
| DEDUCTIONS FROM GUARDIAN POINT, LP | $0 | $29,012 | $0 |
| DEDUCTIONS FROM ICQ OPPORTUNITIES FUND 2, LP | $0 | $3,676 | $0 |
| DEDUCTIONS FROM CORRUM CAPITAL GLOBAL CREDIT OPPORTUNITIES FUND | $0 | $145,029 | $0 |
| MANAGEMENT FEE FROM UBS #09921 | $0 | $12 | $0 |
| LESS: AMOUNT REPORTED ON FORM 990-T AS UBTI | $0 | -$3,243 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INVESTMENT INCOME | -$137,601 | $0 | -$137,601 |
| TAX REFUNDS | $49,328 | $0 | $49,328 |
| GAIN/LOSS ON FOREIGN CURRENCY TRANSLATION | -$37,754 | $0 | -$37,754 |
| SCHF US, LP | $1,373,628 | $890,757 | $1,373,628 |
| TENNENBAUM OPPORTUNITIES FUND VI, LLC | -$353,782 | $241 | -$353,782 |
| WASPIRE INVESTMENTS LLC | $3,126,587 | $811 | $3,126,587 |
| GUARDIAN POINT, LP | -$7,373 | -$9,775 | -$7,373 |
| ICQ OPPORTUNITIES FUND 2, LP | -$6,426 | $0 | -$6,426 |
| CORRUM CAPITAL GLOBAL CREDIT OPPORTUNITIES FUND | $446,529 | -$79,303 | $446,529 |
| KOTAK WM INDIA FUND LIMITED - KOTAK INDIA DEBT FUND | $163,362 | $0 | $163,362 |
| GLOBAL OPPORTUNITIES FUND | $1,167,966 | $0 | $1,167,966 |
| THINK INVESTMENTS LTD. | -$284,612 | $0 | -$284,612 |
| SUBPART F INCOME FROM KOTAK WM INDIA FUND LIMITED | $0 | $183,575 | $0 |
| LESS: AMOUNT REPORTED ON FORM 990-T AS UBTI | $0 | $57,322 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| LOAN FROM ROMESH WADHWANI | $7,250,000 | $0 |
| ACCRUED LEAVE GRATUITY LIABILITY | $0 | $32,332 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PR FIRMS | $24,352 | $0 | $0 |
| CONSULTING EXPENSES | $45,111 | $0 | $40,600 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INCOME TAXES | $188,255 | $0 | $0 |
| STATE TAXES | $167 | $0 | $0 |
Comments