Vaishnava Charitable Foundation Inc
- Assets
- $731.2k
- Revenue
- $54.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Alachua, FL
- Founding
- 07/2010
- Data as of
- 12/2023
- EIN
- 26-4427801
Organization Overview
Vaishnava Charitable Foundation Inc is located in Alachua, FL. The organization was established in 2010. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vaishnava Charitable 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 12/2023, Vaishnava Charitable Foundation Inc generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $75.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vaishnava Charitable Foundation Inc has awarded 84 individual grants totaling $188,384. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS ARTS OF VAISHNAVA
TOVP FOUNDATION
SARAGRAHI
ISKCON OF ALACHUA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandeep Mody Director / Pres | 5 | $0 | |
Amrita Mody Director / Sec | 5 | $0 | |
Anila Mody Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $16,313 |
| Dividends & Interest | $1,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,356 |
| Total Revenue | $54,814 |
| 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 | $14,593 |
| Occupancy | $2,070 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,901 |
| Total operating and administrative expenses | $60,772 |
| Contributions, gifts, grants paid | $14,912 |
| Total expenses and disbursements | $75,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,303 |
| 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 | $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 | $0 |
| Net Land, buildings, and equipment | $341,848 |
| Other assets | $56,000 |
| Total assets | $731,151 |
| 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 | $4,504 |
| Total liabilities | $4,504 |
Grants Awarded
Over the last fiscal year, Vaishnava Charitable Foundation Inc has awarded $14,601 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BHAKTIVEDANTA ACADEMY PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $1,020 |
BOYS TOWN PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $50 |
ARTS OF VAISHNAVA PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $2,258 |
ISKCON OF ALACHUA PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $1,293 |
SARAGRAHI PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $2,208 |
INNER VOICE PRODUCTIONS INC PURPOSE: DONATION TO FURTHER MISSION OF ORGANIZATION | $1,008 |