Rakesh & Neelam Gupta Family Foundation is located in San Jacinto, CA. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rakesh & Neelam Gupta 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 12/2022, Rakesh & Neelam Gupta Family Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $216.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rakesh & Neelam Gupta Family Foundation has awarded 47 individual grants totaling $928,624. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rakesh C Gupta President & Director | 1 | $0 | |
Neelam Gupta Secretary & Director | 1 | $0 | |
Rakesh C Gupta Treasurer | 0.3 | $0 | |
Vivek Gupta Director | 0.3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,000,025 |
Interest on Savings | $3,875 |
Dividends & Interest | $83,889 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,299 |
Capital Gain Net Income | $4,299 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $7,244 |
Total Revenue | $1,099,332 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,846 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $16,884 |
Total operating and administrative expenses | $21,980 |
Contributions, gifts, grants paid | $194,428 |
Total expenses and disbursements | $216,408 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,746,895 |
Savings and temporary cash investments | $2,860,419 |
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 | $4,607,314 |
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 |
Over the last fiscal year, Rakesh & Neelam Gupta Family Foundation has awarded $194,428 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
ALL WORLD GAYATRI PARIVAR USA PURPOSE: TO PROMOTE RELIGIOUS & SOCIAL SERVICES | $501 |
AUM SPIRITUAL CENTER INC PURPOSE: TO PROMOTE RELIGIOUS AND HINDU CULTURAL ACTIVITIES AND SERVICES | $180,000 |
BLIND FOUNDATION PURPOSE: TO HELP NEEDY PEOPLE | $51 |
EKAL VIDHYALAYA FOUNDATION USA PURPOSE: TO PROMOTE EDUCATION FOR NEEDY | $365 |
VIVEKANAND INSTITUTE VAYU PURPOSE: TO PROMORE SHCOOL EDUCATION | $11,000 |
HINDU SOCIETY OF INLAND EMPIRE INCSHRI LAKSHMI NARAYAN MANDIR PURPOSE: TO PROMOTE RELIGIOUS & SOCIAL SERVICE | $1,002 |