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VARUN AND AMEETA GOSAIN FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
VARUN AND AMEETA GOSAIN FOUNDATION (EIN 46-1429291)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-03-25
IRS object ID
202610849349100801
Schema version
2025v4.0
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)
Return2026-03-25T07:05:18-07:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN921356807PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Taxzia PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line133 Wood Avenue South Suite 600-4573AddressLine1Txt
CityIselinCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08830ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461429291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Varun & Ameeta Gosain FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVARUBusinessNameControlTxt
Phone9147255475PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1161 Mamaroneck RdAddressLine1Txt
CityScarsdaleCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10583ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVarun GosainPersonNm
Person TitlePresidentPersonTitleTxt
Signature2026-03-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBaljeet SinghPreparerPersonNm
PTINP01253724PTIN
Phone7325200133PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,754,707FMVAssetsEOYAmt
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$10,147InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$10,147InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$10,147InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$103,109DividendsRevAndExpnssAmt
Dividends Net Invst Incm$103,109DividendsNetInvstIncmAmt
Dividends Adj Net Incm$103,109DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$298,138NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$309,838GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$298,138CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$1NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$411,394TotalRevAndExpnssAmt
Total Net Invst Incm$411,394TotalNetInvstIncmAmt
Total Adj Net Incm$113,257TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$1,395OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$6,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$31OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$7,426TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$112,276ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$112,276ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$119,702TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$112,276TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$291,692ExcessRevenueOverExpensesAmt
Net Investment Income$411,394NetInvestmentIncomeAmt
Adjusted Net Income$113,257AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,098CashBOYAmt
Cash EOY$3,816CashEOYAmt
Cash EOYFMV$3,816CashEOYFMVAmt
Sav And Temp Cash Invst BOY$3,199SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$255,740SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$255,740SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$2,528,471OtherInvestmentsBOYAmt
Other Investments EOY$2,516,904OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,495,151OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,533,768TotalAssetsBOYAmt
Total Assets EOY$2,776,460TotalAssetsEOYAmt
Total Assets EOYFMV$3,754,707TotalAssetsEOYFMVAmt
Loans From Officers BOY$49,000LoansFromOfficersBOYAmt
Other Liabilities BOY$1OtherLiabilitiesBOYAmt
Other Liabilities EOY$1OtherLiabilitiesEOYAmt
Total Liabilities BOY$49,001TotalLiabilitiesBOYAmt
Total Liabilities EOY$1TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,484,767NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,776,459NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,484,767TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,776,459TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,533,768TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,776,460TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,484,767TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$291,692ExcessRevenueOverExpensesAmt
Subtotal$2,776,459SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,776,459TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Argentina EUR GDPP$10,694$5,850$4,844$4,844
REP OF ARGENTINA 29P$10,694$5,850$4,844$4,844
REP OF ARGENTINA 29P$288,449$288,449$288,449
SchwabP$1$1$1
FieldValueIRS element (for citing)
Capital Gain Net Income$298,138CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$1NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,718InvestmentIncomeExciseTaxAmt
Subtotal$5,718SubtotalAmt
Tax Based On Investment Income$5,718TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,723EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,723TotalPaymentsAndCreditsAmt
Tax Due$995TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Varun GosainBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9147255475PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1161 Mamaroneck RdAddressLine1Txt
CityScarsdaleCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10583ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Varun Gosain
161 Mamaroneck RdScarsdaleNY10583President0.50$0
Ameeta Gosain
161 Mamaroneck RdScarsdaleNY10583Secretary0.50$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,249,627AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$269,675AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,519,302TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,519,302AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$52,790CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,466,512NetVlNoncharitableAssetsAmt
Minimum Investment Return$173,326MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$173,326MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,718TaxBasedOnInvestmentIncomeAmt
Total Tax$5,718TotalTaxAmt
Distributable Before Adj$167,608DistributableBeforeAdjAmt
Distributable Before Ded$167,608DistributableBeforeDedAmt
Distributable As Adjusted$167,608DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$112,276ExpensesAndContributionsAmt
Qualifying Distributions$112,276QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$167,608DistributableAsAdjustedAmt
Undistributed Income PY$112,134UndistributedIncomePYAmt
Qualifying Distributions$112,276QualifyingDistributionsAmt
Applied To Year1$112,134AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$142AppliedToCurrentYearAmt
Undistributed Income CY$167,466UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSCHWAB CHARITABLE FUNDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1211 MAIN STREET FLOOR 10AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeSupport worthwhile organizations through the fundGrantOrContributionPurposeTxt
Amt$112,276Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$112,276TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$10,147RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$103,109RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$298,138RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$411,394RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$411,394TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number4LineNumberTxt
Relationship StatementThe objective of investments is to generate income that can be used in the support of worthwhile causes.RelationshipStatementTxt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Delaware Fees$25
Miscellaneous Fees$6

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescRoundingDesc
BOY Book Value$1BOYBookValueAmt
EOY Book Value$1EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryProfessional FeesCategoryTxt
Amt$1,395Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRS TaxCategoryTxt
Amt$6,000Amt

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