Doshi Family Foundation Inc
- Assets
- $3.4m
- Revenue
- $541.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Hicksville, NY
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 11-3088579
The information for Doshi Family Foundation Inc is as of the organization's most recent filing in December '21. This organization is located in Hicksville, NY. It has been in existence for 27 years, following its founding in 1994.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Doshi Family Foundation Inc's NTEE code is T20. This means that it falls under the classification of Philanthropy, Voluntarism & Grantmaking Foundations. As a Private Grantmaking Foundation, the organization is a nongovernmental, nonprofit organization with funds and programs managed by its own trustees or directors. Its main purpose is to maintain or aid social, educational, religious, or other charitable activities serving the common welfare, primarily through grantmaking. Additionally, the organization is classified under Section 3 of the Internal Revenue Code, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.
Grant History
Our dataset includes eight years of grant history for the Doshi Family Foundation Inc. Over the course of these eight years, they have awarded a total of 49 grants, with an average check size of $22,299. On average, the organization awards six grants each year. The grants awarded by the Doshi Family Foundation Inc. cover a range of NTEE sectors, including International, Foreign Affairs & National Security (7), Religion-Related (2), and Education (2). In terms of geographical distribution, the organization has awarded grants in multiple states, with the highest number of grants awarded in New York (33). Other states where grants have been awarded include New Jersey (5), California (4), Missouri (1), Connecticut (1), Georgia (1), Vermont (1), Texas (1), North Carolina (1), and Washington D.C. (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neely Doshi-Cather Director | 0 | $0 | |
Leena Doshi Director | 0 | $0 | |
Nishat Doshi Director | 0 | $0 | |
Anish Berry Director | 0 | $0 | |
Nitin Doshi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $245,583 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $49,436 |
| 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 | $541,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $43,421 |
| Taxes | $142,436 |
| Depreciation | $39,407 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,434 |
| Total operating and administrative expenses | $247,523 |
| Contributions, gifts, grants paid | $241,783 |
| Total expenses and disbursements | $489,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,022 |
| 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 | $2,000,000 |
| Net Land, buildings, and equipment | $1,302,848 |
| Other assets | $0 |
| Total assets | $3,403,870 |
| 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 | $2,923,571 |
| Total liabilities | $2,923,571 |
Grants Awarded
Over the last fiscal year, Doshi Family Foundation Inc has awarded $241,783 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KOJAIN PURPOSE: DONATION | $100,000 |
Oakland, CA PURPOSE: DONATION | $60,000 |
PRATHAM USA PURPOSE: DONATION | $33,333 |
SUNRISE ASSOCIATION PURPOSE: DONATION | $26,250 |
NASSAU COMMUNITY COLLEGE PURPOSE: DONATION | $17,200 |
BORDERLESS CHARITY INC PURPOSE: DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |