FOUNDATION FOR EXCELLENCE INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR EXCELLENCE INC (EIN 77-0474749)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-11-04
- IRS object ID
- 201523089349302017
- Schema version
- 2014v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-04T15:54:05-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202182392 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SURE TAX CONSULTANTS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1530 MERIDIAN AVE STE 108 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95125 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770474749 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR EXCELLENCE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 4089852001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1270 OAKMEAD PARKWAY STE 111 | AddressLine1Txt |
| City | SUNNYVALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94085 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MINOO GUPTA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4089852001 | PhoneNum |
| Signature | 2015-09-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SUBHASH B DESAI | PreparerPersonNm |
| PTIN | P00105294 | PTIN |
| Phone | 4089787873 | PhoneNum |
| Preparation | 2015-11-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MINOO GUPTA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1270 OAKMEAD PARKWAY | AddressLine1Txt |
| City | SUNNYALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $708,448 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FFE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,323,859 | PYContributionsGrantsAmt |
| CY Contributions Grants | $708,445 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $3 | CYInvestmentIncomeAmt |
| PY Other Revenue | $24,959 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,348,818 | PYTotalRevenueAmt |
| CY Total Revenue | $708,448 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $500,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,184,494 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $134,959 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $107,239 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $50,366 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $48,572 | PYOtherExpensesAmt |
| CY Other Expenses | $193,687 | CYOtherExpensesAmt |
| PY Total Expenses | $683,531 | PYTotalExpensesAmt |
| CY Total Expenses | $1,485,420 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $665,287 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$776,972 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $863,044 | TotalAssetsBOYAmt |
| Total Assets EOY | $83,216 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,701 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $865 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $859,343 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $82,351 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,260,100 | ExpenseAmt |
| Grant | $1,184,494 | GrantAmt |
| Desc | TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINACIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGER PROFESSIONAL EDUCATION IN INDIA. | Desc |
| Total Program Service Expenses | $1,260,100 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | 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 | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | IN | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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 | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MINOO GUPTA | PersonNm |
| Phone | 4089852001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1270 OAKMEAD PKWY 111 | AddressLine1Txt |
| Address Line2 | SUITE 111 | AddressLine2Txt |
| City | SUNNYVALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Institutional TrusteeInstitutionalTrusteeInd |
|---|---|---|---|---|---|---|---|
| NIKHIL BALARAM | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PRABHU GOEL | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MANISH GUPTA | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KAILASH JOSHI | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SUDHA KIDAO | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SANJAY KUMAR | |||||||
| BOARD MEMEBE | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SV MAHADEVAN | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ARVIND PATEL | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| RAM REDDY | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANU SETHURAM | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| RAJ SHAH | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| VENKATESH SHUKLA | |||||||
| BOARD MEMBER | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MINOO GUPTA | |||||||
| PRESIDENT | 20.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $708,445 | AllOtherContributionsAmt |
| Total Contributions | $708,445 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $708,448 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3 | RelatedOrExemptFuncIncomeAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,184,494 | TotalAmt |
| Program Services | $1,184,494 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,294 | TotalAmt |
| Management And General | $98,294 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,945 | TotalAmt |
| Management And General | $8,945 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,073 | TotalAmt |
| Management And General | $14,073 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,013 | TotalAmt |
| Management And General | $4,013 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,526 | TotalAmt |
| Management And General | $11,160 | ManagementAndGeneralAmt |
| Fundraising | $50,366 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445 | TotalAmt |
| Management And General | $445 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,972 | TotalAmt |
| Management And General | $34,972 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $659 | TotalAmt |
| Management And General | $659 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,393 | TotalAmt |
| Management And General | $2,393 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMIN REMITTANCE INDIA | Desc |
| Total | $75,606 | TotalAmt |
| Program Services | $75,606 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,485,420 | TotalAmt |
| Program Services | $1,260,100 | ProgramServicesAmt |
| Management And General | $174,954 | ManagementAndGeneralAmt |
| Fundraising | $50,366 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,408 | BOYAmt |
| EOY | $77,240 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $843,436 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,200 | BOYAmt |
| EOY | $5,976 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $863,044 | BOYAmt |
| EOY | $83,216 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $865 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,701 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,701 | BOYAmt |
| EOY | $865 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $859,343 | BOYAmt |
| EOY | $82,351 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $859,343 | BOYAmt |
| EOY | $82,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $863,044 | BOYAmt |
| EOY | $83,216 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$776,972 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$20 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $807,864 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $759,221 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $990,377 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,348,818 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $708,445 | CurrentTaxYearAmt |
| Total | $4,614,725 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $807,864 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $759,221 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $990,377 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,348,818 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $708,445 | CurrentTaxYearAmt |
| Total | $4,614,725 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $4,614,725 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,359 | CurrentTaxYearMinus4YearsAmt |
| Total | $2,359 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $64,610 | CurrentTaxYearMinus2YearsAmt |
| Total | $64,610 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,681,694 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98570 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98530 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | 64,610 | ExplanationTxt |
Schedule D IRS990ScheduleD
Other Assets Org OtherAssetsOrgGrp (2 entries)
| Book ValueBookValueAmt | DescDesc |
|---|---|
| $3,100 | |
| $2,876 | SECURITY DEPOSIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,976 | TotalBookValueOtherAssetsAmt |
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 | SOUTH EAST ASIA - INDIA | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 6 | EmployeeCnt |
| Type Of Activities Conducted | GRANTS TO INDIVIDUAL | TypeOfActivitiesConductedTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 6 | TotalEmployeeCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | SCHOARSHIP | TypeOfAssistanceTxt |
| Region | INDIA | RegionTxt |
| Recipient | 3414 | RecipientCnt |
| Cash Grant | $1,184,494 | CashGrantAmt |
| Manner Of Cash Disbursement | CASH | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
|---|---|
| SCHEDULE F, PAGE 1, PART I, LINE 2 | THE FOUNDATION MAINTAINS INDIVIDUAL FILES FOR EACH APPLICANT. EACH STUDENT FILE INCLUDES FOLLOWING RECORDS: - APPLICATION FORM WILL ALL RELEVANT ATTACHMENTS - SUCH AS GRADE, TRANSCRIPTS, MARK SHEET, FAMILY INCOME PARTICULARS, STATEMENT OF ESTIMATED EXPENSE REQUIREMENTS, RECEIPTS OF ACTUAL EXPENSE INCURRED - REQUIRED TO EVALUATE THE APPLICANTS ELEGIBILITY. - THE SCHOLARSHIP REVIEW COMMITTEE'S REVIEW FORM INCLUDING A RECOMMENDATIONFOR THE AWARD OF SCHOLARSHIP OR REJECTION OF THE APPLICANTS REQUEST FOR SCHOLARSHIP. IT ALSO INCLUDES THE AMOUNT OF SCHOLARSHIP APPROVED, AUTHORIZATION AND DISBURSEMENT PARTICULARS AND THE ACKNOWLEDGEMENT FROM THE SCHOLAR OF THE RECEIPT OF THE FUNDS. WHERE APPLICABLE, THE STUDENT FILE ALSO INCLUDES RECORDS OF ANY INVSETIGATION IN TO THE USE OF GRANT AND SUBSEQUENT ACCOUNT. |
| SCHEDULE F, PAGE 1, PART I, LINE 3 | SOUTH EAST ASIA - INDIA 0 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA. |
| FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS ARE FOLKS WHO HELP OUT DURING ANY EVENTS OR ANY SPECIAL PROJECTS. MOST OF THEM VOLUNTEERS ARE EMPLOYED ELSEWHERE OR ARE IN THEIR OWN BUSINESS OR ARE RETIRED INDIVIDUALS. THESE FOLKS BELIEVE IN THE FOUNDATIONS CHARITY MODEL OF EDUCATION BRIGHT STUDENTS WHO ARE UNDR PRIVILEGED AND FINACIALLY CHALLENGED WHO ALSO NEED MORAL AND SOCIAL SUPPORT. |
| FORM 990, PART V, LINE 4B | INDIA |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF COMPLETED FORM 990 IS PROVIDED TO THE GOVERNING BODY AND THEINTERNAL AUDIT COMMITTEE. THE GOVERNING BODY MEETS TO REVIEW THE FORM AND AFTER DETAILED REVIEW PROVIDES APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ENFORCEMENT OF CONFLICTS POLICY THE CONFLICTS OF INTEREST POLICY IS REVIEWED WITH THE GOVERNING BODY, OFFICERS AND KEY EMPLOYEES ONCE EACH YEAR. ALL THE INDIVIDUALS INVOLVED HAVE TO CONFIRMTHEIR ADHERANCE TO THIS POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PRESIDENT AND GOVERNING BODY UNDERTAKE THE SERACH AND APPOINTMENT OF THE EXECUTIVE DIRECTOR OR ANY OTHER OFFICERS OF THE COMPANY AFTER DETAILED STUDY, REVIEW, ANALYSIS AND COMPARISION WITH SIMILAR POSITIONS AT OTHER INSTITUTIONS AND MARKET CONDITIONS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SAME PROCEDURE AS IN PREVIOUS SECTION. |
| FORM 990, PAGE 6, PART VI, LINE 18 | NO DOCUMENTS AVAILABLE TO PUBLIC |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FOUNDATION WILL MAKE ITS GOVERNING DOCUMENTS , CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | STOCK VALUATION 20 |
Comments