Taneja Family Foundation
- Assets
- $2.8m
- Revenue
- $190.7k
- Investments
- $2.5m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-1302502
Organization Overview
Taneja Family Foundation is located in Los Altos, CA. The organization was established in 2014. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taneja Family 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 12/2023, Taneja Family Foundation generated $190.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $540.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Taneja Family Foundation has awarded 93 individual grants totaling $2,288,309. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hemant Taneja Director | 0 | $0 | |
Shiv Taneja Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $726 |
| Dividends & Interest | $92,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $84,119 |
| Capital Gain Net Income | $84,119 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,587 |
| Total Revenue | $190,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,562 |
| Total operating and administrative expenses | $24,563 |
| Contributions, gifts, grants paid | $516,250 |
| Total expenses and disbursements | $540,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,633 |
| Savings and temporary cash investments | $240,503 |
| 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 | $2,543,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,843,587 |
| 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, Taneja Family Foundation has awarded $516,250 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON BHANGRA PURPOSE: GENERAL APPROPRIATION | $10,000 |
MOUNTAIN VIEW LOS ALTOS HIGH SCHOOL FOUNDATION PURPOSE: GENERAL APPROPRIATION | $1,250 |
ALZHEIMERS ASSOCIATION PURPOSE: GENERAL APPROPRIATION | $12,500 |
COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT PURPOSE: GENERAL APPROPRIATION | $12,500 |
JAGADGURU KRIPALUJI YOG PURPOSE: SUPPORTING THE SPIRITUAL ORGANIZATION, JKYOG | $50,000 |
SAN FRANCISCO SPCA PURPOSE: GENERAL APPROPRIATION | $10,000 |