Motwani Jadeja Family Foundation is located in Lewes, DE. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Motwani Jadeja 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, Motwani Jadeja Family Foundation generated $855.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Motwani Jadeja Family Foundation has awarded 103 individual grants totaling $2,438,543. 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
THE RAJEEV CIRCLE FELLOWSHIP MENTORS AND EMPOWERS YOUNG ENTREPRENEURS FROM THE DEVELOPING WORLD AND LINKS THEM CLOSELY TO SILICON VALLEY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Asha Jadeja President | 1 | $0 | |
Naitra Jadeja Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $813,421 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $41,168 |
Capital Gain Net Income | $41,168 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $738 |
Total Revenue | $855,327 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,041 |
Depreciation | $0 |
Occupancy | $26,585 |
Travel, conferences, and meetings | $51,080 |
Printing and publications | $0 |
Other expenses | $17,420 |
Total operating and administrative expenses | $339,658 |
Contributions, gifts, grants paid | $744,763 |
Total expenses and disbursements | $1,084,421 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,368 |
Savings and temporary cash investments | $78,266 |
Net Accounts receivable | $5 |
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 | $1,452,845 |
Total assets | $2,722,989 |
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, Motwani Jadeja Family Foundation has awarded $741,360 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
HINDU COMMUNITY INSTITUTE PURPOSE: CHARITABLE OPERATIONS | $9,000 |
SREEJIT DATTA PURPOSE: RAJEEV CIRCLE SCHOLARSHIPS 2023 | $3,320 |
TIE SILICON VALLEY PURPOSE: CHARITABLE OPERATIONS | $70,000 |
ARAVINDAN NEELAKANDAN PURPOSE: RAJEEV CIRCLE SCHOLARSHIPS 2023 | $3,320 |
GRADUATE THEOLOGICAL UNION PURPOSE: CHARITABLE OPERATIONS | $21,000 |
AABHAS KUMAR MALDAHIYAR PURPOSE: RAJEEV CIRCLE SCHOLARSHIPS 2023 | $3,320 |