Arvind & Chitra Kumar Family Foundation Inc

Organization Overview

Arvind & Chitra Kumar Family Foundation Inc is located in Scotch Plains, NJ. The organization was established in 2006. 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. Arvind & Chitra Kumar 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 12/2021, Arvind & Chitra Kumar Family Foundation Inc generated $9.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $29.2k during the year ending 12/2021. While expenses have increased by 16.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT CHARITABLE, LITERARY AND EDUCATION ACTIVITIES


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Board, Officers & Key Employees

Name (title)Compensation
Arvind Kuamr
Trustee
$0
Chitra Kumar
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $2,272
Net Rental Income$0
Net Gain on Sale of Assets $7,154
Capital Gain Net Income $7,154
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $9,426

Grants Awarded

Over the last fiscal year, Arvind & Chitra Kumar Family Foundation Inc has awarded $27,501 in support to 2 organizations.

Grant RecipientAmount

BIHAR JHARKAHAND ASSOCIATION

PURPOSE: GENERAL SUPPORT

$25,000

BJANA

PURPOSE: GENERAL SUPPORT

$2,501
View Grant Profile

Peer Organizations

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