India Foundation
- Assets
- $1.2m
- Revenue
- $28.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 11/1979
- Data as of
- 12/2022
- EIN
- 23-7300230
Organization Overview
India Foundation is located in East Lansing, MI. The organization was established in 1979. 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. India Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, India Foundation has awarded 90 individual grants totaling $374,289. 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 |
|---|---|---|---|
Shrikumar Poddar Director | 0 | $0 | |
Mayurika Poddar Director | 0 | $0 | |
Daniel J Warmels Secretary | 0 | $0 | |
Ted Simmons Vice President | 0 | $0 | |
Devesh Poddar President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,526 |
| Dividends & Interest | $12,543 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,142 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,711 |
| Total Revenue | $28,638 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,127 |
| Printing and publications | $30 |
| Other expenses | $83,024 |
| Total operating and administrative expenses | $108,787 |
| Contributions, gifts, grants paid | $53,250 |
| Total expenses and disbursements | $162,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,122 |
| 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 | $1,107,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,837 |
| Total assets | $1,158,020 |
| 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 | $93,395 |
| Total liabilities | $93,395 |
Grants Awarded
Over the last fiscal year, India Foundation has awarded $53,250 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BHARATIYA TEMPLE OF LANSING PURPOSE: RELIGIOUS GRANT | $3,500 |
CITY RESCUE MISSION PURPOSE: HUMANITARIAN | $500 |
DHARMA MEGHA PURPOSE: RELIGIOUS | $19,000 |
HINDU HERITAGE ENDOWMENT-IRAIVAN TEMPLE FUND PURPOSE: RELIGIOUS | $500 |
HUMAN KINDNESS FOUNDATION PURPOSE: HUMANITARIAN | $250 |
LOAVES AND FISHES PURPOSE: RELIGIOUS | $500 |