Vattikuti India Relief Foundation
- Assets
- $662.8k
- Revenue
- $17.9k
- Investments
- $465.0k
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-3450613
Organization Overview
Vattikuti India Relief Foundation is located in Southfield, MI. The organization was established in 2009. 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. Vattikuti India Relief 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 12/2022, Vattikuti India Relief Foundation generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.4%) each year. All expenses for the organization totaled $124.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vattikuti India Relief Foundation has awarded 14 individual grants totaling $1,705,193. 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 |
|---|---|---|---|
Raj Vattikuti President/treasurer/direct | 10 | $0 | |
Padma Vattikuti V.p./secretary/director | 10 | $0 | |
Sarang Iyengar Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3 |
| Capital Gain Net Income | $3 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,491 |
| Total operating and administrative expenses | $7,572 |
| Contributions, gifts, grants paid | $116,882 |
| Total expenses and disbursements | $124,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,670 |
| Savings and temporary cash investments | $0 |
| 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 | $1,106 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $662,798 |
| 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, Vattikuti India Relief Foundation has awarded $116,882 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PRARAMBHA PURPOSE: TO SUPPORT PROGRAMS THAT HELP VULNERABLE PEOPLE (INDIVIDUALS, HOUSEHOLDS, GROUPS AND COMMUNITIES) IN KARNATAKA, INDIA | $16,882 |
VATTIKUTI INDIA FOUNDATION PURPOSE: TO SUPPORT A FELLOWSHIP PROGRAM WITH OBJECTIVE TO TRAIN SURGEONS USING ROBOTIC TECHNOLOGY IN INDIA | $100,000 |