2025-11-12T14:16:33-08:00 2025-03-31 521740178 Chawla & Chawla PC 438 N Frederick Ave Ste 400 Gaithersburg MD 20877 990 2024-04-01 881869404 IMPACT CATALYST FOUNDATION INC IMPA 5714922491 21415 MONT BLANC PLC BROADLANDS VA 20148 APARNA SANJAY Director 2025-11-12 true true Arun Chawla P00223681 3019772481 2024 2025-03-06 01:10:19Z X APARNA SANJAY 21415 MONT BLANC PLC BROADLANDS VA 20148 242622 false X https://catalysts.global/impact-catalyst-foun X 2021 DE 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. 6 6 0 6 0 12025 242622 0 0 0 12025 242622 82559 0 0 0 0 1815 2193 1815 84752 10210 157870 11678 169548 8641 8641 3037 160907 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. false false 82559 239572 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. 82559 true true false false false false false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false true false false false false false false DE X X Krishna Moorthy 5714922491 NO25 AECS LAYOUT ASHWATHNAGAR BENGALURU KIRNATAK IN 560094 X SHIV KUMAR President 2.00 0.00 X X 0 0 0 APARNA SANJAY Director 1.00 0.00 X 0 0 0 CATHERINE BALFOUR COVE Director 2.00 0.00 X 0 0 0 ANGELA CHAUDHURI Director 1.00 0.00 X 0 0 0 RAGHUNATHAN NARAYANAN Director 1.00 0.00 X 0 0 0 SHAMA KARKAL Director 1.00 0.00 X 0 0 0 0 false false false 0 242622 242622 0 0 0 0 0 0 0 0 0 0 242622 0 0 82559 82559 0 0 0 0 0 0 0 0 1700 1700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STATE FILING FEES 333 333 BANK SERVICE CHARGES 160 160 0 84752 82559 2193 0 11678 122107 0 0 0 0 0 0 0 47441 0 0 0 0 0 0 11678 169548 8641 8641 8641 8641 X 3037 3893 157014 3037 160907 11678 169548 157870 X false false false X 12025 242622 254647 0 0 0 0 12025 242622 254647 0 0 254647 0 0 0 0 12025 242622 254647 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true INDIA 1 0 GRANT TO VRUTTI TRAIN & HELP SMALL PRODUCERS 82559 1 1 82559 82559 INDIA TO PROVIDE CHARITAB 82559 FUNDS DISBUR CASH 1 false false false false false false 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 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.