T Ramachandra And Niranjini Reddy Foundation Inc
- Assets
- $565.7k
- Revenue
- $202.3k
- Investments
- $205.7k
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 01/2007
- Data as of
- 06/2021
- EIN
- 20-3059092
Organization Overview
T Ramachandra And Niranjini Reddy Foundation Inc is located in Augusta, GA. The organization was established in 2007. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. T Ramachandra And Niranjini Reddy 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 06/2021, T Ramachandra And Niranjini Reddy Foundation Inc generated $202.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.1% each year . All expenses for the organization totaled $83.7k during the year ending 06/2021. While expenses have increased by 40.6% per year over the past 5 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.
Since 2015, T Ramachandra And Niranjini Reddy Foundation Inc has awarded 91 individual grants totaling $185,883. 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 |
|---|---|---|---|
Niranjini Reddy Director | 2 | $0 | |
T R Reddy Director | 5 | $0 | |
John Cates Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $234,279 |
| Interest on Savings | $1 |
| Dividends & Interest | $4,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$44,911 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,771 |
| Total Revenue | $202,280 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,401 |
| Contributions, gifts, grants paid | $77,300 |
| Total expenses and disbursements | $83,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,661 |
| Savings and temporary cash investments | $7,276 |
| 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 | $250,000 |
| Other assets | $0 |
| Total assets | $565,653 |
| 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 | $1,420 |
| Total liabilities | $1,420 |
Grants Awarded
Over the last fiscal year, T Ramachandra And Niranjini Reddy Foundation Inc has awarded $77,300 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MEDICAL COLLEGE OF GEORGIA PURPOSE: SUPPORTING MEDICAL RESEARCH | $50,000 |
UNITED WAY PURPOSE: CHARITY | $10,000 |
APPARO ACADEMY PURPOSE: TO ASSIST CHILDREN AND THEIR FAMILIES WITH NECESSARY SKILLS TO REALIZE THEIR POTENTIAL AND ACHIEVE SUCCESS THROUGH EDUCATIONAL AND THERAPEUTIC SERVICES. | $5,000 |
IACA PURPOSE: CHARITY | $3,000 |
STATES FORT PURPOSE: CHARITY | $2,000 |
Evans, GA PURPOSE: CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Hfsf Grants Management Inc Miami, FL | $164,842,326 | $9,370,110 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
The David Herro Charitable Foundation Palm Beach, FL | $0 | $2,921,972 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
David A Straz Jr Foundation Tampa, FL | $131,621,183 | $77,599,258 |
Stoops Family Foundation Inc Delray Beach, FL | $20,465,985 | $11,384,519 |
Project Akilah Inc Tampa, FL | $3,270,009 | $3,129,345 |
Dadefund Inc Miami, FL | $3,023 | $29,705 |
Educational Facilities Corporationfor Lexington School District No 2 West Columbia, SC | $17,713,387 | $2,158,056 |