Vishal Foundation Inc

Organization Overview

Vishal Foundation Inc is located in New Vernon, NJ. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Vishal 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 12/2021, Vishal Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $210.1k during the year ending 12/2021. While expenses have increased by 11.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Vishal Foundation Inc has awarded 85 individual grants totaling $825,005. 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)Compensation
Prathibha Reddy
Trustee
$0
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $17
Dividends & Interest $53,758
Net Rental Income$0
Net Gain on Sale of Assets $1,025,279
Capital Gain Net Income $1,025,279
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,079,054

Grants Awarded

Over the last fiscal year, Vishal Foundation Inc has awarded $199,591 in support to 24 organizations.

Grant RecipientAmount

BROWN UNIVERSITY

PURPOSE: GENERAL SUPPORT

$75,000

TECHNOLOGY AGAINST ALS FOUNDATION INC

Org PageRecipient Profile

Parsippany, NJ

PURPOSE: GENERAL PURPOSE

$50,000

GIVEWELL

PURPOSE: GENERAL SUPPORT

$20,000

NJ COMMUNITY FOOD BANK

PURPOSE: GENERAL SUPPORT

$12,091

NAACP LEGAL DEFENSE FUND (LDF)

PURPOSE: GENERAL PURPOSE

$10,000

SANKARA EYE FOUNDATION USA

Org PageRecipient Profile

Milpitas, CA

PURPOSE: GENERAL PURPOSE

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Kendeda Fund
Wilmington, DE
$29,360,526
General Professional Liability Lass Fund Trust Agreement
Pittsburgh, PA
$37,293,555
Jader Trust 4
New York, NY
$157,383,970
Rockefeller Family Fund Inc
New York, NY
$43,772,368
Shapiro-Silverberg Foundation
New York, NY
$24,069,378
Hess Philanthropic Fund
New York, NY
$32,591,174
Edith L Trees Charitable Trust
Pittsburgh, PA
$23,983,044
Natural Heritage Trust
Albany, NY
$23,861,363
Hollow Metal Trust Fund
New York, NY
$12,661,866
Adp Foundation
Roseland, NJ
$20,725,290
Foundation Berma
New York, NY
$33,382,644
Bam Endowment Trust
Brooklyn, NY
$5,566,840

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