Deshpande Family Foundation Inc

Organization Overview

Deshpande Family Foundation Inc is located in Orlando, FL. The organization was established in 2005. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deshpande Family 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 12/2020, Deshpande Family Foundation Inc generated $196.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $127.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Deshpande Family Foundation Inc has awarded 69 individual grants totaling $1,015,361. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

THERE WERE NO DIRECT CHARITABLE ACTIVITIES PARTICIPATED IN DURING 2021. THE FOUNDATION DID, HOWEVER, MAKE DIRECT CHARITABLE CONTRIBUTIONS TO VARIOUS RECOGNIZED CHARITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,616
Dividends & Interest $215,506
Profit on Inventory Sales $0
Other Income $25,097
Total Revenue $196,301

Grants Awarded

Over the last fiscal year, Deshpande Family Foundation Inc has awarded $165,500 in support to 7 organizations.

Grant RecipientAmount

UNIVERSITY OF CENTRAL FLORIDA

PURPOSE: CHARITABLE/EDUCATIONAL

$102,500

DR PHILLIPS CENTER

PURPOSE: CHARITABLE/EDUCATIONAL

$25,000

BRUHAN MAHARASHTRA MANDAL

PURPOSE: CHARITABLE/EDUCATIONAL

$10,000

HINDU UNIVERSITY OF AMERICA

PURPOSE: CHARITABLE/EDUCATIONAL

$10,000

ORLANDO SCIENCE CENTER

Org PageRecipient Profile

Orlando, FL

PURPOSE: CHARITABLE/EDUCATIONAL

$10,000

HINDU AMERICAN FOUNDATION

PURPOSE: CHARITABLE/EDUCATIONAL

$5,000
View Grant Profile

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