Guru Krupa Foundation Inc
- Assets
- $61.8m
- Revenue
- $14.2m
- Investments
- $51.7m
- Employees
- 0
- Location
- Jericho, NY
- Founding
- 06/2009
- Data as of
- 06/2022
- EIN
- 26-1900576
Organization Overview
Guru Krupa Foundation Inc is located in Jericho, NY. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guru Krupa 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, Guru Krupa Foundation Inc generated $14.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 15.4% 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.
Since 2015, Guru Krupa Foundation Inc has awarded 411 individual grants totaling $20,588,323. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR ENGINEERING VI BUILDING, AND MILLENNIAL UNDERGRADUATE FELLOWSHIPS.
SETTING UP A GKF FELLOWSHIP AT CSHL IN COMPUTATIONAL NEUROSCIENCE
SUPPORT FOR CONSTRUCTING TEMPLE AND ACQUIRING MATERIALS FOR SAMPROKSHANAM OF PERUMAL TEMPLE IN FRANKLIN TOWNSHIP, NJ
TO SUPPORT VEDA PATASALA CLASSES AT 6 LOCATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mukund Padmanabhan President | 1 | $0 | |
Lalit Bahl Treasurer | 1 | $0 | |
Deepak Nayak Vice President | 1 | $0 | |
Amit Maitra Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,198,712 |
| Interest on Savings | $0 |
| Dividends & Interest | $778,932 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,246,764 |
| Capital Gain Net Income | $6,330,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,224,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121,865 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $181,154 |
| Total operating and administrative expenses | $303,288 |
| Contributions, gifts, grants paid | $3,948,835 |
| Total expenses and disbursements | $4,252,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,710 |
| Savings and temporary cash investments | $10,127,559 |
| 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 | $21,538,463 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $61,797,635 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Guru Krupa Foundation Inc has awarded $3,948,835 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
21 SWP PURPOSE: FUNDING FOR DEVELOPING YOGA BASED PROGRAM FOR SOCIAL WELLNESS | $30,000 |
ACTION FOR INDIA PURPOSE: FUNDING FOR RUNNING RURAL ENTREPRENEUR ADVISOR SERVICES | $30,000 |
AKSHAYA PATRA USA PURPOSE: PROVIDE HAPPINESS BOXES WITH FOOD ITEMS TO CHILDREN IN WARANGAL | $75,000 |
ALL INDIA MOVEMENT FOR SEVA INC PURPOSE: FUNDING FOR MAINTENANCE OF BOYS HOSTEL IN CUMBAUM AND GIRLS HOSTEL IN ELLURU, AND GENERAL OPERATIONS | $80,000 |
AMAR SEVA SANGAM PURPOSE: FUNDING FOR RUNNING VOCATIONAL CENTER FOR DISABLED YOUTH | $20,000 |
AMERICA INDIA FOUNDATION (AIF) PURPOSE: FOR LAMP INFORMAL INSTRUCTION PROGRAM IN KARNATAKA | $25,000 |