OBJECTWIN FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
OBJECTWIN FOUNDATION (EIN 20-3811786)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202543219349102104
Schema version
2024v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T10:25:51-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN473017802PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AH CPA'S PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13050 POST OAK BLVD STE 550AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770566534ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203811786EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KARANDE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKARABusinessNameControlTxt
Phone7133737000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRIVEAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSANTOSH S KARANDEPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7133737000PhoneNum
Signature2025-11-15SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANJALI ARJUNANIPreparerPersonNm
PTINP01398530PTIN
Phone7135529499PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$151,054FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$11,350DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,350DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,350DividendsAdjNetIncmAmt
Total Rev And Expnss$41,350TotalRevAndExpnssAmt
Total Net Invst Incm$11,350TotalNetInvstIncmAmt
Total Adj Net Incm$11,350TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$78TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$626OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,654TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$28,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$28,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$30,154TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$28,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$11,196ExcessRevenueOverExpensesAmt
Net Investment Income$11,350NetInvestmentIncomeAmt
Adjusted Net Income$11,350AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$28,023CashBOYAmt
Cash EOY$18,174CashEOYAmt
Cash EOYFMV$18,174CashEOYFMVAmt
Sav And Temp Cash Invst BOY$23,801SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$35,163SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$35,163SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$2,415,793OtherInvestmentsBOYAmt
Other Investments EOY$2,415,485OtherInvestmentsEOYAmt
Other Investments EOYFMV$97,717OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,467,617TotalAssetsBOYAmt
Total Assets EOY$2,468,822TotalAssetsEOYAmt
Total Assets EOYFMV$151,054TotalAssetsEOYFMVAmt
Other Liabilities BOY$10,095OtherLiabilitiesBOYAmt
Other Liabilities EOY$104OtherLiabilitiesEOYAmt
Total Liabilities BOY$10,095TotalLiabilitiesBOYAmt
Total Liabilities EOY$104TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,457,522NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,468,718NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,457,522TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,468,718TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,467,617TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,468,822TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,457,522TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$11,196ExcessRevenueOverExpensesAmt
Subtotal$2,468,718SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,468,718TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$158InvestmentIncomeExciseTaxAmt
Subtotal$158SubtotalAmt
Tax Based On Investment Income$158TaxBasedOnInvestmentIncomeAmt
Tax Due$158TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SANTOSH S KARANDEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7133737000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12021UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTOSH S KARANDEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
TitleDIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos2.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATIONS TO CHARITABLE ORGANIZATIONSDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$150,569AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$52,050AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$202,619TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$202,619AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,039CashDeemedCharitableAmt
Net Vl Noncharitable Assets$199,580NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,979MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,979MinimumInvestmentReturnAmt
Tax Based On Investment Income$158TaxBasedOnInvestmentIncomeAmt
Total Tax$158TotalTaxAmt
Distributable Before Adj$9,821DistributableBeforeAdjAmt
Distributable Before Ded$9,821DistributableBeforeDedAmt
Distributable As Adjusted$9,821DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$28,500ExpensesAndContributionsAmt
Qualifying Distributions$28,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,821DistributableAsAdjustedAmt
Undistributed Income PY$11,783UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Total For Prior Years$3,081TotalForPriorYearsAmt
Qualifying Distributions$28,500QualifyingDistributionsAmt
Applied To Year1$11,783AppliedToYear1Amt
Applied To Current Year$9,821AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,896RemainingDistriFromCorpusAmt
Total Corpus$6,896TotalCorpusAmt
Prior Year Undistributed Incm$3,081PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$3,081PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$6,896ExcessDistriCyovToNextYrAmt
Excess From Current Year$6,896ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PRATHAM USA
9703 RICHMOND AVESUITE 102HOUSTONTX77042NONE501C3DONATION$27,500
2025 HOUSTON MARATHON
1221 BRICKELL AVEMIAMIFL33131NONE501C3CHARITABLE$500
TEXAS GAUSHALA
20303 KICKAPOO RDCYPRESSTX77484NONE501C3CHARITABLE$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$28,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,350RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,350RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$11,350TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSANTOSH AND SEEMA KARANDEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12815 PINEBEND DRAddressLine1Txt
CityPEARLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77584ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$950Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS - FIDELITYCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$2,415,485BookValueAmt
EOYFMV$97,717EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
AMEX ANNUAL FEE$95
QUICKBOOKS AND INTUIT FEES$1,195
OTHER-$664

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCREDIT CARD PAYABLEDesc
BOY Book Value$10,095BOYBookValueAmt
EOY Book Value$104EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$78Amt

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