Vijay R Sanghvi Family Foundation
- Assets
- $0.0
- Revenue
- $591.6k
- Investments
- $8.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 10/2020
- EIN
- 46-4108329
Organization Overview
Vijay R Sanghvi Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (G32) the organization is classified as: Breast Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vijay R Sanghvi 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 10/2020, Vijay R Sanghvi Family Foundation generated $591.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (45.7%) each year. All expenses for the organization totaled $534.8k during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vijay R Sanghvi Family Foundation has awarded 30 individual grants totaling $472,900. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rupal Sanghvi Trustee, Pres | 1 | $0 | |
Arun Sanghvi Trustee, Treas | 1 | $0 | |
Sejal Sanghvi Trustee, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,174 |
| Dividends & Interest | $134,974 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,501 |
| Total Revenue | $591,611 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $104,676 |
| Contributions, gifts, grants paid | $430,150 |
| Total expenses and disbursements | $534,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,222 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vijay R Sanghvi Family Foundation has awarded $430,150 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Long Beach, CA PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
Wellesley, MA PURPOSE: ALBERT EINSTEIN INSTITUTION FUND | $50,000 |
New York, NY PURPOSE: THE VOTING RIGHTS PROJECT | $50,000 |
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Oakland, CA PURPOSE: THE BLACKOUT COLLECTIVE PROJECT | $30,000 |
Monroe, LA PURPOSE: ANTI-POLICE TERROR PROJECT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Connections For Cancer Support Inc Bethesda, MD | $6,414,973 | $1,774,554 |
Vijay R Sanghvi Family Foundation Wilmington, DE | $0 | $591,611 |
Chrysalis Initiative Philadelphia, PA | $203 | $201,374 |
Sister2sister Inc Somerset, NJ | $638,205 | $173,319 |
Connect Thru Cancer West Chester, PA | $235,790 | $178,166 |
Frank And Clara Hirsch Foundation Inc Towson, MD | $391,324 | $164,500 |
Tyanna Barre Obrien Breast Cancer Foundation Inc Baltimore, MD | $76,659 | $0 |
Breast Intentions Inc Middletown, NJ | $270,002 | $132,016 |
Linked By Pink Erie, PA | $97,034 | $84,303 |
Girls Night Out Altoona Inc Duncansville, PA | $186,681 | $189,817 |
Centre County Breast Cancer Coalition Boalsburg, PA | $0 | $0 |
Sfk Breast Cancer Awareness Foundation Corp Red Bank, NJ | $38,330 | $0 |