Divine Will Foundation
- Assets
- $1.4m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Encinitas, CA
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 46-3820097
Organization Overview
Divine Will Foundation is located in Encinitas, CA. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Divine Will 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, Divine Will Foundation generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $9.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO PROJECTS WORLDWIDE THAT ARE FOCUSED ON ENDING THE CYCLE OF HUMAN SUFFERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRASHANTI BALAMANDIR TRUST NON PROFIT IN INDIA THAT PROVIDES FREE SCHOOLS IN RURUAL INDIA. FUNDS SENT WERE FOR THE SCHOOLS, STUDENTS AND WATER DRINKING PROJECTS.
SRI SATHYA SAI HEALTH AND EDUCATION TRUST NON PROFIT IN INDIA THAT PROVIDES FREE HOSPITALS TO THE POOR. WE SENT MONEY OVER TO SUPPORT THE HOSPITALS.
SAI PREMA FOUNDATION FIJI IS A NON-GOVERNMENT ORGANISATION NGO FOUNDED TO SERVE THE POOR AND UNDERPRIVILEGED PEOPLE OF FIJI THROUGH MEDICARE, EDUCARE AND SOCIOCARE INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cornsweet President | OfficerTrustee | 8 | $0 |
Dr Shaun Setty Treasurer | OfficerTrustee | 4 | $0 |
Vivek Mahadevan Secretary | OfficerTrustee | 4 | $0 |
Bn Narasimha Murthy Member | Trustee | 1 | $0 |
C Sreenivas Member | Trustee | 1 | $0 |
Isaac Tigrett Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,768,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,768,000 |
| Total Program Service Revenue | $0 |
| Investment income | $547,481 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,815,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,663 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,167,702 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,413 |
| Fees for services: Legal | $400 |
| Fees for services: Accounting | $23,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,175 |
| Advertising and promotion | $195,550 |
| Office expenses | $2,965 |
| Information technology | $15,767 |
| Royalties | $0 |
| Occupancy | $2,244 |
| Travel | $741,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $605 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,589 |
| Insurance | $15,064 |
| All other expenses | $8,436 |
| Total functional expenses | $9,415,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $940,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,000 |
| Net Land, buildings, and equipment | $93,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,413 |
| Total assets | $1,393,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $250,000 |
| Other liabilities | $132,413 |
| Total liabilities | $382,413 |
| Net assets without donor restrictions | $1,001,057 |
| Net assets with donor restrictions | $10,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,393,470 |
Grants Awarded
Over the last fiscal year, Divine Will Foundation has awarded $65,571 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAP INTERNATIONAL PURPOSE: TO SUPPORT ORGANIZATION'S MISSION | $12,219 |
SAI GLOBAL MISSION PURPOSE: TO SUPPORT ORGANIZATION'S MISSION | $51,352 |
HOPE COLLABORATIVE PURPOSE: TO SUPPORT ORGANIZATION'S MISSION | $2,000 |