IMPACT CATALYST FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: IMPACT CATALYST FOUNDATION INC (EIN 88-1869404)
Tax period: 2024-04-01 to 2025-03-31
Filed: 2025-11-12
IRS object ID: 202543169349307989
Schema version: 2024v5.2
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 F
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-12T14:16:33-08:00	ReturnTs
Tax Period End	2025-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	521740178	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Chawla & Chawla PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	438 N Frederick Ave Ste 400	AddressLine1Txt
City	Gaithersburg	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20877	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	881869404	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	IMPACT CATALYST FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IMPA	BusinessNameControlTxt
Phone	5714922491	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	21415 MONT BLANC PLC	AddressLine1Txt
City	BROADLANDS	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	20148	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	APARNA SANJAY	PersonNm
Person Title	Director	PersonTitleTxt
Signature	2025-11-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Arun Chawla	PreparerPersonNm
PTIN	P00223681	PTIN
Phone	3019772481	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Initial Return	Yes (X)	InitialReturnInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	APARNA SANJAY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	21415 MONT BLANC PLC	AddressLine1Txt
City	BROADLANDS	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	20148	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$242,622	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	https://catalysts.global/impact-catalyst-foun	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2021	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	THE MISSION OF IMPACT CATALYST FOUNDATION INC IS TO ACCELERATE INNOVATIONS IN LIFE SCIENCES AND HEALTHCARE, FUNDING COMPANIES THAT ADDRESS UNMET MEDICAL NEEDS. BY EMPLOYING THE DISCIPLINE OF TRADITIONAL VENTURE CAPITAL, WE INVEST PHILANTHROPIC CAPITAL TO SUPPORT COMPANIES WITH TRANSFORMATIVE, LIFE-SUSTAINING TECHNOLOGIES.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	6	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$12,025	PYContributionsGrantsAmt
CY Contributions Grants	$242,622	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$12,025	PYTotalRevenueAmt
CY Total Revenue	$242,622	CYTotalRevenueAmt
CY Grants And Similar Paid	$82,559	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,815	PYOtherExpensesAmt
CY Other Expenses	$2,193	CYOtherExpensesAmt
PY Total Expenses	$1,815	PYTotalExpensesAmt
CY Total Expenses	$84,752	CYTotalExpensesAmt
PY Revenues Less Expenses	$10,210	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$157,870	CYRevenuesLessExpensesAmt
Total Assets BOY	$11,678	TotalAssetsBOYAmt
Total Assets EOY	$169,548	TotalAssetsEOYAmt
Total Liabilities BOY	$8,641	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$8,641	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,037	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$160,907	NetAssetsOrFundBalancesEOYAmt
Mission	THE MISSION OF IMPACT CATALYST FOUNDATION INC IS TO ACCELERATE INNOVATIONS IN LIFE SCIENCES AND HEALTHCARE, FUNDING COMPANIES THAT ADDRESS UNMET MEDICAL NEEDS. BY EMPLOYING THE DISCIPLINE OF TRADITIONAL VENTURE CAPITAL, WE INVEST PHILANTHROPIC CAPITAL TO SUPPORT COMPANIES WITH TRANSFORMATIVE, LIFE-SUSTAINING TECHNOLOGIES.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$82,559	ExpenseAmt
Grant	$239,572	GrantAmt
Desc	A US-BASED PUBLIC CHARITY IMPROVING LIVELIHOOD, HEALTH, AND WELL-BEING FOR THE WORKFORCE. PARTNERS WITH OTHERS TO SCALE IMPACT THROUGH STRATEGIC COLLABORATIONS AND INVESTMENTS.	Desc
Total Program Service Expenses	$82,559	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
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	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
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 With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	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	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
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
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	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	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	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	DE	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd
Other	Yes (X)	OtherInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Krishna Moorthy	PersonNm
Phone	5714922491	PhoneNum

Foreign Address ForeignAddress

Field	Value	IRS element (for citing)
Address Line1	NO25 AECS LAYOUT ASHWATHNAGAR	AddressLine1Txt
City	BENGALURU	CityNm
Province Or State	KIRNATAK	ProvinceOrStateNm
Country	IN	CountryCd
Foreign Postal	560094	ForeignPostalCd

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

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
SHIV KUMAR
President	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
APARNA SANJAY
Director	1.00	0.00	Yes (X)		$0	$0	$0
CATHERINE BALFOUR COVE
Director	2.00	0.00	Yes (X)		$0	$0	$0
ANGELA CHAUDHURI
Director	1.00	0.00	Yes (X)		$0	$0	$0
RAGHUNATHAN NARAYANAN
Director	1.00	0.00	Yes (X)		$0	$0	$0
SHAMA KARKAL
Director	1.00	0.00	Yes (X)		$0	$0	$0

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	$242,622	AllOtherContributionsAmt
Total Contributions	$242,622	TotalContributionsAmt
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

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

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

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

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

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	$242,622	TotalRevenueColumnAmt

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	$82,559	TotalAmt
Program Services	$82,559	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	$0	TotalAmt

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	$1,700	TotalAmt
Management And General	$1,700	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

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

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	$0	TotalAmt

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	$0	TotalAmt

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	$0	TotalAmt

Insurance InsuranceGrp

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

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt
STATE FILING FEES	$333	$333
BANK SERVICE CHARGES	$160	$160

All Other Expenses AllOtherExpensesGrp

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

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$84,752	TotalAmt
Program Services	$82,559	ProgramServicesAmt
Management And General	$2,193	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$11,678	BOYAmt
EOY	$122,107	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)
EOY	$0	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)
EOY	$0	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)
EOY	$47,441	EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$0	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	$11,678	BOYAmt
EOY	$169,548	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,641	BOYAmt
EOY	$8,641	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,641	BOYAmt
EOY	$8,641	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,037	BOYAmt
EOY	$3,893	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
EOY	$157,014	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,037	BOYAmt
EOY	$160,907	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$11,678	BOYAmt
EOY	$169,548	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$157,870	ReconcilationRevenueExpnssAmt
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)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$12,025	CurrentTaxYearMinus1YearAmt
Current Tax Year	$242,622	CurrentTaxYearAmt
Total	$254,647	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

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

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

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

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

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

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

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

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$12,025	CurrentTaxYearMinus1YearAmt
Current Tax Year	$242,622	CurrentTaxYearAmt
Total	$254,647	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

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

Substantial Contributors Amt SubstantialContributorsAmtGrp

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

Field	Value	IRS element (for citing)
Public Support Total509	$254,647	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

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

Post1975 UBTI Post1975UBTIGrp

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

Net Income From Other UBI NetIncomeFromOtherUBIGrp

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

Other Income509 OtherIncome509Grp

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

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$12,025	CurrentTaxYearMinus1YearAmt
Current Tax Year	$242,622	CurrentTaxYearAmt
Total	$254,647	TotalAmt

Field	Value	IRS element (for citing)
First5 Years509	Yes (X)	First5Years509Ind
Public Support CY509	0.00000	PublicSupportCY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct

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 F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	INDIA	RegionTxt
Offices	1	OfficesCnt
Employee	0	EmployeeCnt
Type Of Activities Conducted	GRANT TO VRUTTI	TypeOfActivitiesConductedTxt
Specific Services Provided	TRAIN & HELP SMALL PRODUCERS	SpecificServicesProvidedTxt
Region Total Expenditures	$82,559	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Total Office	1	TotalOfficeCnt
Subtotal Spent	$82,559	SubtotalSpentAmt
Total Spent	$82,559	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	INDIA	RegionTxt
Purpose Of Grant	TO PROVIDE CHARITAB	PurposeOfGrantTxt
Cash Grant	$82,559	CashGrantAmt
Manner Of Cash Disbursement	FUNDS DISBUR	MannerOfCashDisbursementTxt
Valuation Method Used	CASH	ValuationMethodUsedDesc

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US

THE ORGANIZATION HAS ESTABLISHED PROCEDURES TO MONITOR THE USE OF GRANT FUNDS PROVIDED TO FOREIGN GRANTEES. THESE INCLUDE:A FORMAL GRANT AGREEMENT IS EXECUTED WITH THE GRANTEE, DETAILING THE PROJECT OBJECTIVES, EXPECTED OUTCOMES, TIMELINE, AND TERMS OF USE OF THE GRANT FUNDS.USE OF FUNDS IS RESTRICTED TO SPECIFIC ACTIVITIES AS OUTLINED IN THE AGREEMENT (ANNEXURE A), ALIGNED WITH THE PROJECTS PURPOSEIN THIS CASE, A CAPACITY-BUILDING INITIATIVE.ALL DISBURSEMENTS ARE MADE IN ACCORDANCE WITH APPLICABLE LEGAL AND REGULATORY REQUIREMENTS, SPECIFICALLY THE FOREIGN CONTRIBUTION (REGULATION) ACT, 2010 (FCRA), IN INDIA.FUNDS ARE TRANSFERRED ONLY TO THE GRANTEES DESIGNATED FCRA ACCOUNT AT THE STATE BANK OF INDIA, SANSAD MARG BRANCH, TO ENSURE COMPLIANCE AND TRACEABILITY.THE AGREEMENT DEFINES THE PROJECTS MILESTONES AND DELIVERABLES, WHICH SERVE AS THE BASIS FOR PERFORMANCE MONITORING AND EVALUATION.THE ORGANIZATION MAY REQUIRE PROGRESS AND FINANCIAL REPORTS, REGULAR CHECK-INS, OR UPDATES TO ENSURE THAT THE GRANT IS BEING USED APPROPRIATELY, AS IMPLIED BY THE CONTROL LANGUAGE IN THE AGREEMENT.

Part I, Line 3f - Investments and Expenditures

DURING THE TAX YEAR, IMPACT CATALYST FOUNDATION INC. PROVIDED A PROGRAMMATIC GRANT TO VRUTTI, A NON-GOVERNMENTAL ORGANIZATION REGISTERED UNDER THE KARNATAKA STATE SOCIETIES REGISTRATION ACT, 1960, AND RECOGNIZED UNDER SECTIONS 12A AND 80G OF THE INCOME TAX ACT, 1961, IN INDIA. VRUTTI, LOCATED AT NO. 25, SRI RAGHAVENDRA NILAYA, 2ND FLOOR, AECS LAYOUT, ASHWATH NAGAR, BENGALURU 560094, OPERATES TO ENHANCE PEOPLES WELL-BEING THROUGH KNOWLEDGE, INNOVATION, AND TRANSFORMATIVE ACTIONS. THE GRANT SUPPORTED A COHORT-BASED CAPACITY-BUILDING PROJECT AIMED AT STRENGTHENING DEVELOPMENT PARTNERS, AS OUTLINED IN ANNEXURE A OF THE GRANT AGREEMENT DATED AUGUST 1, 2024. FUNDS WERE DISBURSED IN ACCORDANCE WITH THE FOREIGN CONTRIBUTION (REGULATION) ACT, 2010 (FCRA), AND WERE TRANSFERRED ONLY TO VRUTTIS DESIGNATED FCRA ACCOUNT AT THE STATE BANK OF INDIA, SANSAD MARG BRANCH. EXPENDITURES WERE MONITORED THROUGH FORMAL REPORTING, PROJECT MILESTONES, AND COMPLIANCE PROVISIONS INCLUDED IN THE AGREEMENT. NO CAPITAL INVESTMENTS WERE MADE; THE GRANT WAS USED EXCLUSIVELY FOR CHARITABLE PURPOSES IN LINE WITH SECTION 501(C)(3) REQUIREMENTS.Ask ChatGPT

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	ACCOUNTANT SUBMITS THE COPY TO THE MANAGEMENT. IT IS CIRCULATED INTERNALLY FOR COMMENTS.
Form 990, Part VI, Section C, Line 18	ON SUBMISSION OF FORM 990, IT IS MADE PUBLIC ON IRS WEBSITE.
Form 990, Part VI, Section C, Line 19	No documents available to the public.