Defries Bajpai Foundation
- Assets
- $415.0k
- Revenue
- $24.0k
- Investments
- $374.4k
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 42-1758084
Organization Overview
Defries Bajpai Foundation is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Defries Bajpai 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, Defries Bajpai Foundation generated $24.0k 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 (15.7%) each year. All expenses for the organization totaled $17.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Defries Bajpai Foundation has awarded 29 individual grants totaling $183,421. 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 |
|---|---|---|---|
Ruth Defries President | 2 | $0 | |
Avinash Bajpai Vice Preside | 0 | $0 | |
Jitendra Bajpai Treasurer | 0 | $0 | |
Triveni Defries Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,938 |
| Capital Gain Net Income | $8,938 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $352 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $537 |
| Total operating and administrative expenses | $4,133 |
| Contributions, gifts, grants paid | $13,498 |
| Total expenses and disbursements | $17,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,542 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $414,987 |
| 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, Defries Bajpai Foundation has awarded $13,498 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TENDRIL PURPOSE: TO FURTHER ITS CHARITABLE PURPOSE | $8,978 |
DHAATRI TRUST PURPOSE: TO FURTHER ITS CHARITABLE PURPOSE | $3,000 |
HUBLIO PURPOSE: TO FURTHER ITS CHARITABLE PURPOSE | $1,520 |
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Pencils Of Promise Incorporated New York, NY | $2,961,527 | $5,028,626 |
American Friends Of Yad Yemin Inc Brooklyn, NY | $2,774,040 | $6,368,858 |
Pivotworks Inc Randolph, MA | $5,227,155 | $6,969,114 |