Indu Foundation

Organization Overview

Indu Foundation is located in North Andover, MA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Indu Foundation 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, Indu Foundation generated $5.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.0%) each year. All expenses for the organization totaled $10.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Indu S Javeri
Trustee
$0
Joshua M Isaacs
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,023
Net Rental Income$0
Net Gain on Sale of Assets $4,307
Capital Gain Net Income $4,307
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,330

Grants Awarded

Over the last fiscal year, Indu Foundation has awarded $9,500 in support to 4 organizations.

Grant RecipientAmount

AMERICAN CANCER SOCIETY

PURPOSE: GENERAL SUPPORT

$2,500

ST JUDE CHILDREN'S RESEARCH HOSPITAL

Org PageRecipient Profile

Memphis, TN

PURPOSE: GENERAL SUPPORT

$2,500

MUSEUM OF SCIENCE

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL SUPPORT

$2,500

Walpole, MA

PURPOSE: GENERAL SUPPORT

$2,000
View Grant Profile

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