Ananda Foundation
- Assets
- $8.9m
- Revenue
- $3.8m
- Investments
- $7.7m
- Employees
- 0
- Location
- Dana Point, CA
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 01-0554858
Organization Overview
Ananda Foundation is located in Dana Point, CA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ananda Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ananda Foundation generated $3.8m in total revenue. All expenses for the organization totaled $167.0k during the year ending 12/2021. While expenses have increased by 41.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION IS COMMITTED TO BRING INNOVATION IN HEALTHCARE MANAGEMENT TO THE LIVES OF PEOPLE BY PROVIDING MEDICAL SERVICES ON LINE (TELEMEDICINE) FOR UNDERPRIVILEGED PATIENTS FROM ALL OVER THE WORLD. THIS INCLUDES CLINICAL KNOWLEDGE EXCHANGE, HEALTH TECHNOLOGY IMPLEMENTATION, AND PATIENT TREATMENT IN COLLABORATION WITH THE AREAS OF TELEMEDICINE, TELE-RADIOLOGY SERVICES, AND REMOTE MEDICAL OPINIONS/SECOND OPINIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohan Ananda President | 1 | $0 | |
Raji Ananda Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $90 |
| Dividends & Interest | $41,675 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,709,439 |
| Capital Gain Net Income | $3,709,156 |
| Net ST Capital Gain | $111,731 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,751,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $492 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $166,480 |
| Total operating and administrative expenses | $166,972 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $166,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,222,444 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,787,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,890,983 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |