Pemmasani Foundation
- Assets
- $7.9k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Coppell, TX
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2282338
Organization Overview
Pemmasani Foundation is located in Coppell, TX. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Pemmasani Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP WATER WELLS WITHIN POOR AND UNDERDEVELOPED VILLAGES IN INDIA
PROVIDE DOMESTIC AND INTERNATIONAL EDUCATIONAL SCHOLARSHIP OPPORTUNITIES FOR TUITION, FEES, AND RELATED EXPENSES
PROVIDE DOMESTIC AND INTERNATIONAL FINANCIAL SUPPORT FOR HEALTHCARE MEDICAL EMERGENCIES, OTHER IDENTIFIED MEDICAL NEEDS, AND BASIC LIVING NECESSITIES
PROVIDE DOMESTIC AND INTERNATIONAL CHARITABLE GIVING TO CULTURAL AND/OR CIVIC ORGANIZATIONS WHOSE EFFORTS ARE CENTERED ON EDUCATION, SOCIO-ECONOMICS, AND COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chandra S Pemmasani President | 1 | $0 | |
Ravi S Pemmasani Treasurer | 1 | $0 | |
Sriratna Koneru Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,323 |
| Total operating and administrative expenses | $1,323 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $81,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,927 |
| 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 | $2,970 |
| Total assets | $7,897 |
| 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, Pemmasani Foundation has awarded $80,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TELEGU ASSOCIATION OF NORTH AMERICA PURPOSE: TO SUPPORT ORGANIZATIONS GOALS OF ADDRESS SOCIAL, CULTURAL AND EDUCATIONAL NEEDS OF THE TELEGU COMMUNITY IN NORTH AMERICA | $25,000 |
AMERICAN ASSOCIATION OF PHYSICIANS OF INDIAN ORIGIN PURPOSE: TO SUPPORT ORGANIZATIONS GOALS INCLUDING SPEARHEADING FREE CLINICS AND HELATH FAIRS IN INDIA. | $15,000 |
NORTH AMERICAN TELEGO ASSOCIATION INC PURPOSE: TO SUPPORT ORGANIZATIONS GOALS OF PROVIDING SUPPORT WITH CULTURAL AND SOCIAL ACTIVITIES IN THE US AS WELL AS IN ANDHRA PRADESH, INDIA | $10,000 |
NTR FOUNDATION PURPOSE: TO SUPPORT ORGANIZATIONS GOALS OF CHILD EDUCATION, PROVIDING MEDICAL TREATMENT THROUGH MEDICAL CAMPS, OUTREACH PROGRAMS, AND HEALTH CENTERS AS WELL AS ENSURING ACCESS TO CLEAN DRINKING WATER FOR COMMUNITIES IN NEED. | $25,000 |
OSMANIA GANDHI KAKATIYA AND TELANGANA MEDICAL ALUMNI ASSOCIATION OF AMERICA PURPOSE: TO SUPPORT ORGANIZATIONS GOALS OF PROVIDING CHARITABLE, EDUCATION AND CULTURAL ACTIVITIES | $5,000 |