Global Value Add Foundation
- Assets
- $4.5k
- Revenue
- $3.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-5433735
Organization Overview
Global Value Add Foundation is located in Mckinney, TX. The organization was established in 2015. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Value Add Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Supriya Pai Director | 10 | $0 | |
Sudhir Pai Director | 10 | $0 | |
Sushma Pai Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| 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 | $3,000 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,455 |
| 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 | $0 |
| Total assets | $4,455 |
| 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, Global Value Add Foundation has awarded $7,955 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KARYA SIDDHI HANUMAN TEMPLE PURPOSE: DONATION PUJA SRI LALITHA SAHASRANAMA ARCHANA | $701 |
HIGH OCTAVEZ PURPOSE: FUNDRAISING MUSIC PROGRAM ON 021316 | $250 |
TANTEX PURPOSE: SPONSORSHIP FOR 2015 INV #1415 | $3,000 |
DFW HINDU TEMPLE SOCIETY PURPOSE: 2016 GANESH UTSAV MURTI SPONSORSHIP | $2,501 |
SANATHANA DARME FOUNDATION PURPOSE: SILVER AND DONOR SPONSORSHIP FOR RAGAS CONCERT | $650 |
LALITHA PEETHAM PURPOSE: LAKSHMI KUBERA PUJA | $853 |