T Ramachandra And Niranjini Reddy Foundation Inc
- Assets
- $696.7k
- Revenue
- $173.7k
- Investments
- $218.4k
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 01/2007
- Data as of
- 06/2022
- 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 06/2022, T Ramachandra And Niranjini Reddy Foundation Inc generated $173.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $50.7k during the year ending 06/2022. While expenses have increased by 22.2% per year over the past 6 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 121 individual grants totaling $221,218. 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 |
|---|---|---|---|
T R Reddy Director | 5 | $0 | |
Niranjini Reddy Director | 2 | $0 | |
John Cates Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $158,990 |
| Interest on Savings | $1 |
| Dividends & Interest | $4,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,785 |
| Capital Gain Net Income | $9,785 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $173,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,575 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,277 |
| Total operating and administrative expenses | $12,758 |
| Contributions, gifts, grants paid | $37,910 |
| Total expenses and disbursements | $50,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,932 |
| Savings and temporary cash investments | $7,408 |
| 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 | $696,690 |
| 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 | $9,458 |
| Total liabilities | $9,458 |
Grants Awarded
Over the last fiscal year, T Ramachandra And Niranjini Reddy Foundation Inc has awarded $37,910 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: CHARITY | $2,500 |
AUGUSTA MUSEUM OF HISTORY PURPOSE: THE AUGUSTA MUSEUM OF HISTORY COLLECTS, PRESERVES, AND INTERPRETS HISTORY IN RELATION TO THE PAST OF AUGUSTA AND CENTRAL SAVANNAH RIVER REGION FOR THE EDUCATION AND ENRICHMENT OF PRESENT AND FUTURE GENERATIONS. | $100 |
AUGUSTA SCOTTISH RITE PURPOSE: IT IS THE MISSION OF THE SCOTTISH RITE OF FREEMASONRY, SJ, TO IMPROVE ITS MEMBERS AND ENHANCE THE COMMUNITIES IN WHICH THEY LIVE BY TEACHING AND EMULATING THE PRINCIPLES OF BROTHERLY LOVE, TOLERANCE, CHARITY, AND TRUTH, WHILE ACTIVELY EMBRACING HIGH SOCIAL, MORAL, AND SPIRITUAL VALUES, INCLUDING FELLOWSHIP, COMPASSION. | $1,000 |
AUGUSTA REGIONAL AIRPORT (RUN THE RUNWAY) PURPOSE: TO IMPROVE AUGUSTA AAIRPORT RUNWAY | $250 |
BOY SCOUTS - GEORGIA-CAROLINA COUNCIL PURPOSE: SUPPORTING CHILDREN'S EDUCATION | $190 |
CHINMAYA MISSION ATLANTA PURPOSE: TO PROVIDE TO INDIVIDUALS, FROM ANY BACKGROUND, THE WISDOM OF VEDANTA AND THE PRACTICAL MEANS FOR SPIRITUAL GROWTH AND HAPPINESS, ENABLING THEM TO BECOME POSITIVE CONTRIBUTORS TO SOCIETY. | $1,200 |