Prasanthi Trust Inc

Organization Overview

Prasanthi Trust Inc is located in Shelton, CT. The organization was established in 1993. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prasanthi Trust 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 12/2021, Prasanthi Trust Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 13.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE LIVING STANDARDS OF THE DISADVANTAGED BY SUPPORTING MANY WORLDWIDE PROJECTS FOCUSING ON HEALTHCARE, EDUCATION AND SOCIOCARE INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL RESOURCES PROVIDED TO SEVERAL FOREIGN ORGANIZATIONS THAT SERVE THE NEEDY AND DESTITUTE BY PROVIDING FREE MEDICAL CARE AND EDUCATION; ENHANCING THE PUBLIC AND EDUCATING PROFESSIONALS IN INDIA REGARDING HEALTH CONCERNS AND AIDING OTHER ORGANIZATIONS WHOM ENHANCE LIVING CONDITIONS AND THE ENVIRONMENT IN UNDERDEVELOPED VILLAGES OF THE WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
Ramesh Wadhwani
President
$0
Falguni H Desai
Treasurer
$0
Ravi C Dabir DDS
Secretary
$0
Raj Dhawan
Trustee
$0
Sreedhar Ekbote
Trustee
$0
Devdutt Nargarkar
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,116,001
Noncash contributions included in lines 1a–1f $212,767
Total Revenue from Contributions, Gifts, Grants & Similar$2,116,001
Total Program Service Revenue$0
Investment income $40,174
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,206
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,167,381

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Prasanthi Trust Inc has recieved totaling $223,807.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$175,517
National Emphysema Foundation Inc

Norwalk, CT

PURPOSE: DIRECT PATIENT

$12,000
Shunpike Charitable Foundation

Rancho Cucamonga, CA

PURPOSE: General Support

$10,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$6,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$6,000
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$5,500
View Grant Recipient Profile

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