THE INFINITY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE INFINITY FOUNDATION INC (EIN 22-3339826)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-03-05
- IRS object ID
- 202520649349100322
- Schema version
- 2023v6.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Sales Of Inventory List
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-05T17:39:29-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223299874 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKC CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 39 STATE ROUTE 12 STE 2 | AddressLine1Txt |
| City | FLEMINGTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08822 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223339826 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INFINITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INFI | BusinessNameControlTxt |
| Phone | 6094360311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 174 NASSAU STREET 400 | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08542 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAJIV MALHOTRA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6094360311 | PhoneNum |
| Signature | 2025-02-17 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A HOLK CPA | PreparerPersonNm |
| PTIN | P01315390 | PTIN |
| Phone | 9087827900 | PhoneNum |
| Preparation | 2025-02-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,769,647 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $541,281 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,746 | InterestOnSavRevAndExpnssAmt |
| Interest On Savings Adj Net Incm | $2,746 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $181,854 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $181,854 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $181,854 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$32,039 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $395,748 | GrossSalesPriceAmt |
| Gross Sales Less Ret And Allwnc | $11,313 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $11,313 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $11,313 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $40,981 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $40,981 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $746,136 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $181,854 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $236,894 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $12,519 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,519 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $54,075 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $15,132 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $38,943 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $10,311 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $10,311 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,217 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,217 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $35,863 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,173 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $28,690 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $73,937 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,069 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $42,868 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $25 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $13 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $12 | InterestDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,504 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $2,504 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $12,688 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $12,688 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $11,135 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $259 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,876 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $71,569 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,736 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $63,833 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $285,843 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $65,103 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $220,740 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $72,146 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $72,146 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $357,989 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $65,103 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $292,886 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $388,147 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $116,751 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $236,894 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $246,601 | CashBOYAmt |
| Cash EOY | $194,969 | CashEOYAmt |
| Cash EOYFMV | $194,969 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,103,154 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,968,175 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,882,991 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,068 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,372 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,068 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,068 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,000 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $5,866 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $5,866 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $1,416,843 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,757,047 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,529,737 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,580,236 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,806,090 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,142,723 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $12,521 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,228 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $10,017 | LandBOYAmt |
| Land EOY | $8,293 | LandEOYAmt |
| Land EOYFMV | $8,293 | LandEOYFMVAmt |
| Total Assets BOY | $5,364,223 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,745,508 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,769,647 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $12,893 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,031 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $12,893 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,031 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,351,330 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,739,477 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,351,330 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,739,477 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,364,223 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,745,508 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,351,330 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $388,147 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,739,477 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,739,477 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES | P | $393,577 | $427,787 | -$34,210 | -$34,210 |
| CLASS ACTION CREDIT | P | $1,027 | $1,027 | $1,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$32,039 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,623 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,623 | SubtotalAmt |
| Tax Based On Investment Income | $1,623 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $99 | EsPenaltyAmt |
| Tax Due | $1,722 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6094360311 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 174 NASSAU STREET 400 | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08542 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| RAJIV MALHOTRA | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | PRESIDENT | 40.00 | $0 | $0 | $0 |
| VIJAYA VISWANATHAN | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | TRUSTEE | 10.00 | $0 | $0 | $0 |
| SASHI KEJRIWAL | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| DEVENDRA SINGH | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SEEMA SINGH | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | TRUSTEE/TREA | 1.00 | $0 | $0 | $0 |
| ASHLEY ADAMS | ||||||||
| 174 NASSAU STREET | PRINCETON | NJ | 08542 | SECRETARY | 10.00 | $12,519 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,814,396 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $488,705 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,303,101 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $8,303,101 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $124,547 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,178,554 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $408,928 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $408,928 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,623 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,623 | TotalTaxAmt |
| Distributable Before Adj | $407,305 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $407,305 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $407,305 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $292,886 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $292,886 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $407,305 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $289,017 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $223,139 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $214,112 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $139,607 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $865,875 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $292,886 | QualifyingDistributionsAmt |
| Applied To Current Year | $292,886 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $114,419 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $114,419 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $751,456 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $174,598 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $576,858 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $223,139 | ExcessFromYear4Amt |
| Excess From Year3 | $214,112 | ExcessFromYear3Amt |
| Excess From Year2 | $139,607 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RAJIV MALHOTRA | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | RAJIV MALHOTRA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 174 NASSAU STREET | AddressLine1Txt |
| Address Line2 | SUITE 400 | AddressLine2Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08542 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6094360311 | RecipientPhoneNum |
| Form And Info And Materials | SEE WWW.INFINITYFOUNDATION.COM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | WWW.INFINITYFOUNDATION.COM | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Address Line2RecipientForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TUNNEL TO TOWERS | |||||||||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | CHARITY | $500 | ||||||||
| FREE HEARTS FREE MINDS | |||||||||||||
| 2010 EL CAMINO REAL | SANTA CLARA | CA | 95050 | CHARITY | $5,000 | PMB 3098 | |||||||
| GURUJI SANGAT FOUNDATION INC | |||||||||||||
| 3 GRAMERCY RD | MONMOUTH JCT | NJ | 088522746 | CHARITY | $20,000 | ||||||||
| TIBET HOUSE US INC | |||||||||||||
| 22 W 15TH ST | NEW YORK | NY | 10011 | CHARITY | $4,000 | ||||||||
| ARSHA VIDYA GURUKULAM | |||||||||||||
| PO BOX 1059 | SAYLORSBURG | PA | 18353 | CHARITY | $1,000 | NONE | I | ||||||
| SHALINI PUTHIYEDAM | |||||||||||||
| RESEARCH ASSISTANT | $10,765 | NONE | I | FLAT 4F BLK 3 | VELACHERRY | CHENNAI | IN | ||||||
| SUMESH SHARMA | |||||||||||||
| RESEARCH SCHOLAR & EDITOR | $14,100 | NONE | I | 6058 145TH STREET | SURREY | BRITISH COLUMBIA | CA | ||||||
| SUBHODEEP MUKHOPADHYAY | |||||||||||||
| RESEARCH SCHOLAR & EDITOR | $4,314 | NONE | I | BJ-336 | SALTLAKE | KOLKATA | IN | SECTOR II | |||||
| GIULIANO DIAS DE MORAIS | |||||||||||||
| RESEARCH ASSISTANT - TRANSCRIPTIONS | $3,000 | NONE | I | QR 214 | SANTA MARIA | DF | BR | CON J CASA 23 | |||||
| SEJUTI BANERJEA GHOSAL | |||||||||||||
| RESEARCH SCHOLAR & EDITOR | $7,367 | NONE | I | 67 SN ROY ROAD | SAHAPUR | KOLKATA | IN | FLAT 3E | |||||
| ANAGHA HESARAGHATTA | |||||||||||||
| 2246 LANDSIDE DR | VALRICO | FL | 33594 | RESEARCH SCHOLAR & EDITOR | $2,100 | NONE | I | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $72,146 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROYALTY INCOME | Desc |
| Exclusion | 15 | ExclusionCd |
| Exclusion | $22,591 | ExclusionAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,746 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $181,854 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$32,039 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $11,313 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SALES&SOCIAL - YOUTUBE INCO | 15 | $8,013 |
| MISC INCOME | 15 | $2,306 |
| FACEBOOK DONATIONS | 15 | $571 |
| TAX REFUND | 25 | $7,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $204,855 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $204,855 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | INFINITY FOUNDATION RESEARCHES AND PUBLISHES WORKS IN ITS SPECIFIC AREA OF WORK, AS PART OF DEVELOPING EXPERT KNOWLEDGE AND DISSEMINATING IT. THESE BOOKS AND DVDS ARE SOLD AS WELL AS GIVEN AWAY FOR FREE, THE GOAL BEING TO MAXIMIZE THE DISSEMINATION IN THE MOST EFFECTIVE MANNER. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (15 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Address Line1ContributorForeignAddress/AddressLine1Txt | Address Line2ContributorForeignAddress/AddressLine2Txt | CityContributorForeignAddress/CityNm | Province Or StateContributorForeignAddress/ProvinceOrStateNm | CountryContributorForeignAddress/CountryCd | Address Line2ContributorUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SASHI KEJRIWAL | ||||||||||||
| 1 | 18712 WAINSBOROUGH LANE | DALLAS | TX | 75287 | $150,000 | Yes (X) | ||||||
| ASHA JADEJA | ||||||||||||
| 7 | 221 KIPLING ST | PALO ALTO | CA | 94027 | $14,000 | Yes (X) | ||||||
| PRAYES MAJUMDAR | ||||||||||||
| 13 | 1677 HILTON HEAD LN | FRISCO | TX | 75034 | $5,001 | Yes (X) | ||||||
| SHRITA CHARITABLE FOUNDATION | ||||||||||||
| 2 | 49 BLUE SKY DRIVE | SAINT JOHNS | FL | 32259 | $110,520 | Yes (X) | ||||||
| RAKESH BHANDARI | ||||||||||||
| 8 | $10,000 | Yes (X) | 18 CADEAU TERRIS | UNIT 51 | LONDON | ONTARIO | CA | |||||
| BHAGWAN SAMYAL | ||||||||||||
| 14 | 20 AMERICAN AVENUE | SANTA BARBARA | CA | 93105 | $5,000 | Yes (X) | ||||||
| AMERICA ONLINE GIVING FOUNDATION IN | ||||||||||||
| 3 | 40 EAST MAIN STREET | NEWARK | DE | 19711 | $37,691 | Yes (X) | SUITE 887 | |||||
| RAJ BOMMAKANTI | ||||||||||||
| 9 | 16402 SIGNATURE COURT | ROCKVILLE | MD | 20853 | $10,000 | Yes (X) | ||||||
| HITESH VASHISHTHA | ||||||||||||
| 15 | 1817 ROCKFORD COURT | ALLEN | TX | 75013 | $5,000 | Yes (X) | ||||||
| MAHESH KRISHNAMURTHY | ||||||||||||
| 4 | 36 COACHSIDE LANE | PITTSFORD | NY | 14534 | $25,000 | Yes (X) | ||||||
| MONICA VAZIRANI | ||||||||||||
| 10 | 1243 VALEROSA WAY | DAVIS | CA | 95618 | $10,000 | Yes (X) | ||||||
| PIYUSH DESAI | ||||||||||||
| 5 | 10601 CANNON MARK WAY | AUSTIN | TX | 78717 | $10,000 | Yes (X) | ||||||
| SUMANA DAMERY | ||||||||||||
| 11 | 2544 CLINTON AVE | MINNEAPOLIS | MN | 55404 | $10,000 | Yes (X) | ||||||
| GIRIJA VIJAI TRUSTEE | ||||||||||||
| 6 | 9713 GAVIN STONE AVE | LAS VEGAS | NV | 891458609 | $20,000 | Yes (X) | ||||||
| SRINIVAS YALALA | ||||||||||||
| 12 | 136 SILVERSTONE LN | SHENANDOAH | TX | 75034 | $6,160 | Yes (X) | ||||||
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND AUDITING | CategoryTxt |
| Amt | $35,863 | Amt |
| Net Investment Income | $7,173 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $28,690 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2022-10-22 | $9,517 | $1,348 | STRAIGHT LINE | 5.0000 | $1,903 | $1,903 |
| EQUIPMENT | 2022-11-08 | $3,004 | $376 | STRAIGHT LINE | 5.0000 | $601 | $601 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (46 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES (ABT) 725 SHRS | $75,619 | $75,335 |
| ACCENTURE PLC (ACN) 290 SH | $99,412 | $87,989 |
| ADOBE INC (ADBE) 230 SHRS | $109,549 | $127,774 |
| ALPHABET INC CAP STK CL A ( GOOGL) | $38,922 | $357,014 |
| AMAZON.COM INC (AMZN) 264 SHRS | $64,304 | $76,141 |
| APPLE INC.(AAPL) 2608 SHRS | $4,599 | $549,297 |
| APPLIED MATERIALS INC (AMAT) 1008 SH | $40,438 | $237,878 |
| BLACKROCK INC (BLK) 87 SHRS | $47,921 | $68,497 |
| BOEING CO. (BA) 249 SHRS | ||
| BOOKING HOLDING INC (BKNG) 26 SHRS | $34,369 | $102,999 |
| BRISTOL MYERS SQUIBB CO (BMY) 931 SH | ||
| CHARLES SCHWAB CORP (SCHW) 1120 SHRS | $53,255 | $82,533 |
| CHEVRON CORP (CVX) 871 SHRS | $70,361 | $136,242 |
| CHUBB LIMITED (CB) 297 SHRS | $33,450 | $75,759 |
| CISCO SYSTEMS (CSCO) 1117 SHRS | $24,231 | $53,069 |
| COLGATE PALMOLIVE CO (CL) 748 SHRS | $18,710 | $72,586 |
| COMCAST CORP-CL A (CMCSA) 906 SHRS | $34,338 | $35,479 |
| COSTCO WHOLESALE CORP (COST) 227 SHR | $34,218 | $192,948 |
| CUMMINS INC (CMI) 264 SHRS | $37,485 | $73,110 |
| CVS CORP (CVS) 1114 SHRS | $69,038 | $65,793 |
| EDWARDS LIFESCIENCES CP (EW) 749 SHR | $24,554 | $69,185 |
| ESTEE LAUDER COMPANIES CL A | ||
| HOME DEPOT INC (HD) 372 SHRS | $33,256 | $128,057 |
| HONEYWELL INTERNATIONAL INC (HON) 26 | $11,521 | $55,520 |
| JOHNSON & JOHNSON (JNJ) 372 SHRS | $25,467 | $54,371 |
| JPMORGAN CHASE & CO (JPM) 596 SHRS | $46,596 | $120,547 |
| LABORATORY CORP OF AMERICA HOLDING | $39,827 | $55,355 |
| MARTIN MARIETTA MATERIALS INC 104 SH | $39,491 | $56,347 |
| MASTERCARD INC-CL A (MA) 297 SHRS | $24,375 | $131,025 |
| META PLATFORMS INC (META) 188 SHRS | $41,264 | $104,878 |
| MICROSOFT CORP (MSFT) 670 SHRS | $16,963 | $299,457 |
| NEXTERA ENERGY INC (NEE) 958 SHRS | $73,654 | $67,836 |
| ORACLE CORP (ORCL) 538 SHRS | $28,778 | $75,966 |
| PAYPAL HOLDINGS INC (PYPL) 904 SHRS | $33,349 | $52,459 |
| PEPSICO INC.(PEP) 521 SHRS | $27,701 | $85,929 |
| PNC FINANCIAL SERVICES (PNC) 521 SHR | $37,996 | $81,005 |
| PROCTER & GAMBLE CO (PG) 487 SHRS | $26,516 | $80,316 |
| RAYTHEON TECHNOLOGIES CORP (RTX) 484 | ||
| RTX CORPORATION (RTX) 984 SH | $66,819 | $98,784 |
| SHERWIN WILLIAMS CO (SHW) 252 SHRS | $25,974 | $75,204 |
| SKYWORKS SOLUTIONS INC (SWKS) 220 SH | $29,704 | $23,448 |
| TARGET CORP (TGT) 227 SHRS | $64,964 | $76,685 |
| TJX COS INC (TJX) 1073 SHRS | $38,618 | $118,137 |
| UNION PACIFIC CORP (UNP) 437 SHRS | $65,200 | $98,876 |
| UNITEDHEALTH GROUP INC 98 SHRS | $44,241 | $49,907 |
| WALT DISNEY CO (DIS) 595 SHRS |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AB SMALL CAP VALUE PORTFOLIO 15697 | $185,684 | $228,614 |
| DFA INTERNATIONAL CORE 7531.537 SHRS | $178,253 | $195,860 |
| FIRST TR NORTH AMERICAN ENERGY INFRA | $126,267 | $172,982 |
| GQG EMERGING MARKETS 15875.796 SHRS | $242,666 | $291,956 |
| HARTFORD SCHRODERS INTL 23747.241 | $307,556 | $344,552 |
| ISHARES S & P SMALLCAP 60/GRO 117 SH | $10,728 | $15,026 |
| ISHARES S & P SMALLCAP 600 5540 SHRS | $473,848 | $590,896 |
| JCF INVESTMENTS | $13,305 | $12,228 |
| MATTHEWS JAPAN FUND INST 4889.189 SH | ||
| MATTHEWS PACIFIC TIGER FD 7256.119 S | ||
| WCM FOCUSED INTERNATIONAL GROWTH FU | $185,834 | $194,391 |
| ISHARES MSCI JAPAN IND (EWJ) | $81,949 | $96,218 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $12,521 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $4,228 | AccumulatedDepreciationAmt |
| Book Value | $8,293 | BookValueAmt |
| EOYFMV | $8,293 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,217 | LegalFeesAmt |
| Net Investment Income | $1,217 | NetInvestmentIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| INSURANCE | $5,983 | $2,806 | $3,177 |
| OFFICE EXPENSE | $46,237 | $2,843 | $43,394 |
| COMMUNICATION EXPENSE | $9,783 | $2,021 | $7,762 |
| HIRING EXPENSES | $114 | $66 | $48 |
| ADVERTISING | $5,399 | $5,399 | |
| PROCESSING FEES | $4,043 | $4,043 | |
| GIFTS | $10 | $10 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ROYALTY INCOME | $22,591 | $22,591 |
| SALES&SOCIAL - YOUTUBE INCOME | $8,013 | $8,013 |
| MISC INCOME | $2,306 | $2,306 |
| FACEBOOK DONATIONS | $571 | $571 |
| TAX REFUND | $7,500 | $7,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| COMPENSATION - PROFESSIONAL CONT | $54,370 | $21,285 | $33,085 |
| INVESTMENT MANAGEMENT FEES | $19,567 | $9,784 | $9,783 |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BOOK SALES | CategoryTxt |
| Gross Sales | $11,313 | GrossSalesAmt |
| Net | $11,313 | NetAmt |
Comments