Asg Foundation
- Assets
- $19.1k
- Revenue
- $3.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Brook, IL
- Founding
- 02/2006
- Data as of
- 12/2023
- EIN
- 20-1238601
Organization Overview
Asg Foundation is located in Oak Brook, IL. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asg 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 12/2023, Asg Foundation generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Asg Foundation has awarded 146 individual grants totaling $4,235,437. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashutosh Gupta Director | 2 | $0 | |
Sudha Gupta Director | 2 | $0 | |
Shailly Barnes Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,905 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,956 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $479 |
| Total Revenue | $3,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,398 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,275 |
| Total operating and administrative expenses | $14,749 |
| Contributions, gifts, grants paid | $3,378,611 |
| Total expenses and disbursements | $3,393,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,113 |
| 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 | $19,113 |
| 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, Asg Foundation has awarded $3,378,611 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HINDU TEMPLE OF GREATER CHICAGO PURPOSE: CHARITABLE | $501 |
VIVEKANANDA VEDANTA SOCIETY OF CHICAGO PURPOSE: CHARITABLE | $10,000 |
VANGUARD CHARITABLE ENDOWMENT PROGRAM PURPOSE: CHARITABLE | $3,368,110 |