Jiv Daya Foundation
- Assets
- $79.6m
- Revenue
- $2.0m
- Investments
- $77.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 32-0045123
Organization Overview
Jiv Daya Foundation is located in Dallas, TX. The organization was established in 2003. 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. Jiv Daya 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, Jiv Daya Foundation generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
JIV DAYA IS A PRIVATE FAMILY FOUNDATION STARTED BY DR. VINAY JAIN AND HIS WIFE KANIKA IN 2002. SEE ATTACHMENT FOR MORE DETAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President/director | 5 | $0 | |
Name Not Listed Vp/secretary/director | 0.5 | $0 | |
Name Not Listed Director | 5 | $5,000 | |
Name Not Listed Director | 0.2 | $0 | |
Name Not Listed Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,110,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$152,205 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,781 |
| Total Revenue | $1,966,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $280,579 |
| Pension plans, employee benefits | $789 |
| Interest | $0 |
| Taxes | $38,818 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $42,480 |
| Printing and publications | $0 |
| Other expenses | $28,487 |
| Total operating and administrative expenses | $404,034 |
| Contributions, gifts, grants paid | $4,869,493 |
| Total expenses and disbursements | $5,273,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,866 |
| Savings and temporary cash investments | $1,657,127 |
| 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 | $140,019 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $740,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $379,654 |
| Total assets | $79,626,914 |
| Accounts payable and accrued expenses | $16,110 |
| 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 | $16,110 |