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DESAI FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
DESAI FOUNDATION (EIN 20-5845478)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-04
IRS object ID
202601249349101035
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)
Return2026-05-04T14:29:55-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN364267168PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KOLODZIEJ EISEN & FEYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110061 W LINCOLN HWYAddressLine1Txt
CityFRANKFORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP60423ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205845478EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE DESAI FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDESABusinessNameControlTxt
Phone8157689104PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111055 VENEZIA DRIVEAddressLine1Txt
CityFRANKFORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP60423ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTEJAL HARSHAD DESAIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2484707207PhoneNum
Signature2026-05-04SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKATHLEEN S KOLODZIEJPreparerPersonNm
PTINP00915461PTIN
Phone8154691361PhoneNum
Preparation2026-05-04PreparationDt
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$2,567,886FMVAssetsEOYAmt
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$3,512InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,512InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$45,196DividendsRevAndExpnssAmt
Dividends Net Invst Incm$45,196DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$71,830NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$105,775GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$20,775CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$120,538TotalRevAndExpnssAmt
Total Net Invst Incm$69,483TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$16,791OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$16,791OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,854TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,124TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$730TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$18,645TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$17,915TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$730TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$106,505ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$106,505ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$125,150TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$17,915TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$107,235TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,612ExcessRevenueOverExpensesAmt
Net Investment Income$51,568NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$32,956CashBOYAmt
Cash EOY$35,728CashEOYAmt
Cash EOYFMV$35,728CashEOYFMVAmt
Corporate Stock BOY$1,409,156CorporateStockBOYAmt
Corporate Stock EOY$1,401,772CorporateStockEOYAmt
Corporate Stock EOYFMV$2,532,158CorporateStockEOYFMVAmt
Total Assets BOY$1,442,112TotalAssetsBOYAmt
Total Assets EOY$1,437,500TotalAssetsEOYAmt
Total Assets EOYFMV$2,567,886TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,442,112NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,437,500NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,442,112TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,437,500TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,442,112TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,437,500TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,442,112TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,612ExcessRevenueOverExpensesAmt
Subtotal$1,437,500SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,437,500TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$20,775CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$717InvestmentIncomeExciseTaxAmt
Subtotal$717SubtotalAmt
Tax Based On Investment Income$717TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$32EsPenaltyAmt
Tax Due$749TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTEJAL H DESAIIndividualWithBooksNm
Phone8159330900PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111055 VENEZIA DRIVEAddressLine1Txt
CityFRANKFORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP60423ZIPCd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TEJAL HARSHAD DESAI
11055 VENEZIA DRIVEFRANKFORTIL60423PRESIDENT000.00$0$0$0
RUPAL DESAI
151 HEMISPHEREIRVINECA92620TREASURER000.00$0$0$0
SAROJINI DESAI
101 HOLLY SPRINGSIRVINECA92618SECRETARY000.00$0$0$0
SAROJINI DESAI
101 HOLLY SPRINGSIRVINECA92618DIRECTOR000.00$0$0$0
RUPAL DESAI
151 HEMISPHEREIRVINECA92620DIRECTOR000.00$0$0$0
HARSHAD DESAI
101 HOLLY SPRINGSIRVINECA92618DIRECTOR000.00$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$2,399,225AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$34,342AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,433,567TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,433,567AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$36,504CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,397,063NetVlNoncharitableAssetsAmt
Minimum Investment Return$119,853MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$119,853MinimumInvestmentReturnAmt
Tax Based On Investment Income$717TaxBasedOnInvestmentIncomeAmt
Total Tax$717TotalTaxAmt
Distributable Before Adj$119,136DistributableBeforeAdjAmt
Distributable Before Ded$119,136DistributableBeforeDedAmt
Distributable As Adjusted$119,136DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$107,235ExpensesAndContributionsAmt
Qualifying Distributions$107,235QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$119,136DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$39,702ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov$39,702TotalExcessDistributionCyovAmt
Qualifying Distributions$107,235QualifyingDistributionsAmt
Applied To Current Year$107,235AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$11,901ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$11,901ExcessDistributionCyovAppCYAmt
Total Corpus$27,801TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$27,801ExcessDistriCyovFromYr5Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DIVINE SHAKTI FOUNDATION
14403 MCKINLEY RIDGELOUISVILLEKY40245NONENCCHARITY$45,501
EKTA CENTER
2691 RICHTER AVE 105IRVINECA92606NONENCCHARITY$201
MANDIR - ISKCON DETROIT
383 LENOX STDETROITMI48215NONENCCHARITY$501
HINDU TEMPLE - CANTON
44955 CHERRY HILL RDCANTON TOWNSHIPMI48188NONENCCHARITY$101
AMERICAN HEART ASSOCIATION
300 S RIVERSIDE PLAZACHICAGOIL60606NONENCCHARITY$100
HARINAM SANKIRTAN MADAL
8182 TRAFFORD CTCANTONMI48187NONENCCHARITY$101
DARTMOUTH COLLEGE
6016 MCNUTT HALLHANOVERNH03755NONENCCHARITY$30,000
EDWARD FOUNDATION
801 S WASHINGTON STREETELMHURSTIL60126NONENCCHARITY$10,000
UNICEF USA
125 MAIDEN LANENEW YORKNY10038NONENCCHARITY$10,000
DOCTORS WITHOUT BORDERS
40 RECTOR ST 16TH FLOORNEW YORKNY10006NONENCCHARITY$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$106,505TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,512ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$45,196ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20,775ExclusionAmt
Related Or Exempt Function Incm$51,055RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$69,483ExclusionAmt
Related Or Exempt Function Incm$51,055RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$120,538TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetDFA US COR EQ 21AssetDesc
Acquired2015-01AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2025-11SoldDt

Purchaser Name PurchaserNameGrp

FieldValueIRS element (for citing)
PersonDFA US COR EQ 21PersonNm
FieldValueIRS element (for citing)
Gross Sales Price$85,000GrossSalesPriceAmt
Basis$33,945BasisAmt
Total Net$51,055TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockLPL FINANCIAL 6525StockNm
EOY Book Value$1,401,772EOYBookValueAmt
EOYFMV$2,532,158EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMANAGEMENT FEESCategoryTxt
Amt$16,791Amt
Net Investment Income$16,791NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX PAID$1,124$1,124
990-PF TAXES$730$730

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