Trivedi Family Foundation
- Assets
- $25.9m
- Revenue
- $1.8m
- Investments
- $22.6m
- Employees
- 0
- Location
- Bridgeville, PA
- Founding
- 05/2015
- Data as of
- 12/2020
- EIN
- 47-3402778
Organization Overview
Trivedi Family Foundation is located in Bridgeville, PA. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Trivedi 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 12/2020, Trivedi Family Foundation generated $1.8m 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 (63.8%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Trivedi Family Foundation has awarded 12 individual grants totaling $3,523,960. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Ashok K Trivedi President/treasurer | 1 | $0 | |
Anjana Trivedi Chairperson | 1 | $0 | |
Shivani Trivedi Vice President/asst. Treasurer | 1 | $0 | |
Sheena Trivedi Patni Vice President | 1 | $0 | |
Shelly Trivedi Vice President | 1 | $0 | |
Joseph Lloyd Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,980 |
| Dividends & Interest | $702,553 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,026,382 |
| Capital Gain Net Income | $1,026,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,369 |
| Total Revenue | $1,760,284 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10,330 |
| Taxes | $29,954 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55 |
| Total operating and administrative expenses | $172,995 |
| Contributions, gifts, grants paid | $1,703,960 |
| Total expenses and disbursements | $1,876,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,875 |
| Savings and temporary cash investments | $3,227,831 |
| 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 | $3,962,217 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $23,933 |
| Total assets | $25,910,614 |
| Accounts payable and accrued expenses | $906 |
| 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 | $906 |
Grants Awarded
Over the last fiscal year, Trivedi Family Foundation has awarded $1,820,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL FOUNDATION FOR RESEARCH & EDUCATION PURPOSE: ASHOKA UNIVERSITY TRIVEDI SCHOOL OF BIOSCIENCESCAPITAL AND OPERATING EXPENDITURES | $1,500,000 |
Pittsburgh, PA PURPOSE: YEAR 3 OPERATIONAL BUDGET | $100,000 |
Hollywood, FL PURPOSE: PSYCHIATRIC TREATMENT ENRICHMENT PROGRAM PHASE I: SUICIDE PREVENTION AND TREATMENT YEAR 3 | $70,000 |
Hollywood, FL PURPOSE: PSYCHIATRIC TREATMENT ENRICHMENT PROGRAM PHASE I: SUICIDE PREVENTION AND TREATMENT YEAR 3 | $70,000 |
Hollywood, FL PURPOSE: PSYCHIATRIC TREATMENT ENRICHMENT PROGRAM PHASE I: SUICIDE PREVENTION AND TREATMENT YEAR 2 | $55,000 |
PROJECTART PURPOSE: YEAR 5 OPERATIONAL BUDGET | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |