Sahai Family Foundation Inc
- Assets
- $809.6k
- Revenue
- $20.4k
- Investments
- $675.2k
- Employees
- 0
- Location
- Webster City, IA
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 42-1377654
Organization Overview
Sahai Family Foundation Inc is located in Webster City, IA. The organization was established in 1996. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sahai Family 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 12/2022, Sahai Family Foundation Inc generated $20.4k 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 (18.0%) each year. All expenses for the organization totaled $19.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sahai Family Foundation Inc has awarded 58 individual grants totaling $384,521. 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
ASSITANCE FUNDS - KENDALL YOUNG LIBRARY FRIENDS PBS
ASSISTANCE FUNDS - IOWA CENTRAL COMMUNITY COLLEGE
RELIGIOUS CONTRIBUTIONS - HINDU TEMPEL & CULTURAL CENTER IOWA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Subash Sahai Pressectreas | 4 | $0 | |
Rajeev Argarwal Director | 1 | $0 | |
Lalit Goell Director | 1 | $0 | |
Sudeep Gupta Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,389 |
| 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 | $0 |
| Total Revenue | $20,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $599 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $156 |
| Total operating and administrative expenses | $1,605 |
| Contributions, gifts, grants paid | $18,203 |
| Total expenses and disbursements | $19,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,757 |
| 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 | $1,656 |
| Other assets | $0 |
| Total assets | $809,564 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $2,000 |
Grants Awarded
Over the last fiscal year, Sahai Family Foundation Inc has awarded $18,203 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KENDALL YOUNG LIBRARY PURPOSE: ASSISTANCE FUNDS | $1,200 |
HINDU TEMPLE CULTURAL CENTER IOWA PURPOSE: RELIGIOUS | $4,503 |
FRIENDS IOWA PBS FOUNDATION PURPOSE: ASSISTANCE FUNDS | $10,000 |
IOWA CENTRAL COMMUNITY COLLEGE PURPOSE: ASSISTANCE FUNDS | $2,500 |