GRO FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GRO FOUNDATION INC (EIN 20-3985154)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349107066
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)
Return2025-11-17T18:01:05-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371452579PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EILEEN P MUELLER CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1161 ROSS AVEAddressLine1Txt
CityHACKENSACKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07601ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203985154EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRO FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O SHIKHA BHAKOOBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGROFBusinessNameControlTxt
Phone2128648959PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 WEST 81ST STREET APT 20AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHIKHA BHAKOOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2025-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEILEEN MUELLERPreparerPersonNm
PTINP00640642PTIN
Phone2013430496PhoneNum
Preparation2025-11-16PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$3,500,965FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$48,042DividendsRevAndExpnssAmt
Dividends Net Invst Incm$48,042DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$78,650NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$94,817GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$78,650CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$126,704TotalRevAndExpnssAmt
Total Net Invst Incm$126,704TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$419LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$419LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$4,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,500AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss$2InterestRevAndExpnssAmt
Interest Net Invst Incm$2InterestNetInvstIncmAmt
Taxes Rev And Expnss$12,051TaxesRevAndExpnssAmt
Taxes Net Invst Incm$12,051TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,342OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,342OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$21,314TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$21,314TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$133,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$133,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$154,314TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$21,314TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$133,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$27,610ExcessRevenueOverExpensesAmt
Net Investment Income$105,390NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$15,200CashBOYAmt
Cash EOY$59,451CashEOYAmt
Cash EOYFMV$59,451CashEOYFMVAmt
Sav And Temp Cash Invst BOY$24,985SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$92,377SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$92,377SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$3,279,929OtherInvestmentsBOYAmt
Other Investments EOY$3,140,676OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,349,137OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,320,114TotalAssetsBOYAmt
Total Assets EOY$3,292,504TotalAssetsEOYAmt
Total Assets EOYFMV$3,500,965TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$3,320,114RetainedEarningBOYAmt
Retained Earning EOY$3,292,504RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,320,114TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,292,504TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,320,114TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,292,504TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,320,114TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$27,610ExcessRevenueOverExpensesAmt
Subtotal$3,292,504SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,292,504TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
ACACIA INSTITUTIONAL PARTNERS, LPP$16,167-$16,167-$16,167
ACACIA INSTITUTIONAL PARTNERS, LPP$94,817$94,817$94,817
FieldValueIRS element (for citing)
Capital Gain Net Income$78,650CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,465InvestmentIncomeExciseTaxAmt
Subtotal$1,465SubtotalAmt
Tax Based On Investment Income$1,465TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,096EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,096TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$2,631OverpaymentAmt
Applied To ES Tax$2,631AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSHIKHA BHAKOOIndividualWithBooksNm
Phone2128648959PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1250 WEST 81ST STREET APT 20AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd
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 PYfalseUndistributedIncomePYInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHIKHA BHAKOO
250 WEST 81ST STREET APT 20NEW YORKNY10024PRESIDENT000.00$0$0$0
EILEEN MUELLER
161 ROSS AVENUEHACKENSACKNJ07601TREASURER000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$119,659AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,505,240FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,624,899TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,624,899AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$54,373CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,570,526NetVlNoncharitableAssetsAmt
Minimum Investment Return$178,526MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$178,526MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,465TaxBasedOnInvestmentIncomeAmt
Total Tax$1,465TotalTaxAmt
Distributable Before Adj$177,061DistributableBeforeAdjAmt
Distributable Before Ded$177,061DistributableBeforeDedAmt
Distributable As Adjusted$177,061DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$133,000ExpensesAndContributionsAmt
Qualifying Distributions$133,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$177,061DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$7,343ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$7,343TotalExcessDistributionCyovAmt
Qualifying Distributions$133,000QualifyingDistributionsAmt
Applied To Current Year$133,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$7,343ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$7,343ExcessDistributionCyovAppCYAmt
Undistributed Income CY$36,718UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE AKANKSHA FUND INC
PO BOX 1714CATHEDRAL STATIONNEW YORKNY10025EDUCATION$33,000
TEACH FOR INDIA
25 BROADWAY12TH FLOORNEW YORKNY10004EDUCATION$40,000
RIVERSIDE PARK CONSERVANCY
475 RIVERSIDE DRIVESUITE 455NEW YORKNY10115EDUCATION$7,500
CENTRAL PARK CONSERVANCY
717 FIFTH AVENUE5TH FLOORNEW YORKNY10022EDUCATION$7,500
FAIRFIELD PREP
1073 NORTH BENSON ROADFAIRFIELDCT068245157EDUCATION$2,500
WILLAMETTE UNIVERSITY
900 STATE STREETSALEMOR97301EDUCATION$2,500
COLORADO COLLEGE
14 E CACHE LA POUDRE STCOLORADO SPRINGSCO80903EDUCATION$10,000
UNIVERSITY OF CHICAGO
5235 S HARPER COURTSUITE 450CHICAGOIL60615EDUCATION$10,000
AVANTI FELLOWS
38350 FREMONT BLVD203FREMONTCA94536EDUCATION$5,000
GREENER BY DEFAULT
1519 W WARREN BLVDUNIT 503 PMB 175CHICAGOIL60607EDUCATION$5,000
SAVE THE CHILDREN
501 KINGS HIGHWAY EASTSUITE 400FAIRFIELDCT06825EDUCATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$133,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
WILLIAMS COLLEGE
75 PARK STREETWILLIAMSTOWNMA01267EDUCATION$5,000
DAKSHANA
1250 S CAPITAL OF TEXASAUSTINTX787466414EDUCATION$15,000HIGHWAY STE 1-520
TEACH FOR ALL
25 BROADWAYNEW YORKNY10004EDUCATION$16,50012TH FLOOR
TEACH FOR INDIA US
25 BROADWAYNEW YORKNY10004EDUCATION$10,00012TH FLOOR
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$46,500TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$48,042RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$78,650RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$126,704RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$126,704TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$4,500Amt
Net Investment Income$4,500NetInvestmentIncomeAmt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationNY - 990PF IS FILED WITH THE STATE ATTORNEY GENERAL DE - 990PF IS NOT REQUIRED TO BE FILED WITH DE WHEN NO ACTIVITIES ARE CONDUCTED IN DELAWARE. GRO FOUNDATION DOES NOT CONDUCT ANY ACTIVITIES IN DELAWARE.ExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemACACIA INSTITUTIONAL PARTNERS, LPCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$3,140,676BookValueAmt
EOYFMV$3,349,137EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryWEBSTER CHAMBERLAIN & BEANCategoryTxt
Legal Fees$419LegalFeesAmt
Net Investment Income$419NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK FEES$175$175
PORTFOLIO EXPENSES$4,167$4,167

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$11,776$11,776
DELAWARE DIV OF CORP$25$25
NEW YORK ANNUAL FILING FEE$250$250

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