Sherali Fazal Visram Memorial Foundation Inc
- Assets
- $171.6k
- Revenue
- $49.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Binghamton, NY
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 04-3279667
Organization Overview
Sherali Fazal Visram Memorial Foundation Inc is located in Binghamton, NY. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Sherali Fazal Visram Memorial Foundation Inc 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 12/2022, Sherali Fazal Visram Memorial Foundation Inc generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $3.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amin Sherali Visram President | 0 | $0 | |
Azim Visram Director | 0 | $0 | |
Ally Visram Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,138 |
| Interest on Savings | $15 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $2,550 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $3,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $171,579 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $171,579 |
| 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 |
Grants Awarded
Over the last fiscal year, Sherali Fazal Visram Memorial Foundation Inc has awarded $66,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MISSION SMILE PURPOSE: MEDICAL CHARITABLE TRUST TO PROVIDE FREE LIFE CHANGING CLEFT CARE AND SURGERIES TO CHILDREN BORN WITH CLEFT LIP, CLEFT PALATE AND OTHER FACIAL DEFORMITIES. | $6,750 |
MALEKKHANU SHERALI FAZAL VISRAM MEM PURPOSE: THE CONTRIBUTION WAS PROVIDED TO ASSIST IN THE SUPPORT OF AN ORPHANAGE LOCATED IN INDIA. THE PRIMARY PURPOSE OF SHERALI FAZAL VISRAM MEMORIAL FOUNDATION, INC. IS TO DISTRIBUTE THE DONATIONS RECEIVED TO RECOGNIZED CHILDREN'S CHARITIES PRIMARILY IN INDIA. | $60,000 |