Adish And Asha Jain Foundation Inc
- Assets
- $4.4m
- Revenue
- $1.4m
- Investments
- $4.1m
- Employees
- 0
- Location
- West Berlin, NJ
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 47-1833801
Organization Overview
Adish And Asha Jain Foundation Inc is located in West Berlin, NJ. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adish And Asha Jain Foundation Inc 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, Adish And Asha Jain Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $578.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adish And Asha Jain Foundation Inc has awarded 58 individual grants totaling $1,328,465. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adish Jain President | 5 | $0 | |
Asha Jain Vice President | 1 | $0 | |
Samir Jain Director | 1 | $0 | |
Sapna Vasisht Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,358,567 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10 |
| Capital Gain Net Income | $10 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,400,746 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,826 |
| Printing and publications | $0 |
| Other expenses | $213 |
| Total operating and administrative expenses | $12,687 |
| Contributions, gifts, grants paid | $565,933 |
| Total expenses and disbursements | $578,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $338,970 |
| 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 | $4,396,772 |
| 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, Adish And Asha Jain Foundation Inc has awarded $565,933 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
EKAL VIDYALAYA FOUNDATION OF USA PURPOSE: DIGITAL LEARNING CTR TO PROVIDE COACHING FOR HIGH SCHOOL STUDENTS IN INDIA | $100,000 |
AKSHAYA PATRA FOUNDATION PURPOSE: CONSTRUCT KITCHEN FACILITIES IN GHAZIABAD, INDIA | $250,000 |
CT VALLEY HINDU TEMPLE SOCIETY PURPOSE: COLLEGE SCHOLARSHIPS | $4,000 |
INDIAN CULTURAL CENTER PURPOSE: FUNDS FOR CONSTRUCTION IMPROVEMENTS AND MORTGAGE PAYDOWN | $100,000 |
SRI RAM GOBURDHUN CHARITABLE TRUST PURPOSE: FUND OPERATIONS FOR A COACHING CENTER THAT BENEFITS CHILDREN IN SOUTH DEHLI, INDIA | $54,200 |
LIONS EYE HOSPITAL PURPOSE: FUNDS TO ACQUIRE A LASER MACHINE FOR EYECARE | $21,732 |