Givelight Foundation
- Assets
- $11.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 3
- Location
- San Jose, CA
- Founding
- 04/2005
- Data as of
- 12/2023
- EIN
- 56-2500794
Organization Overview
Givelight Foundation is located in San Jose, CA. The organization was established in 2005. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Givelight Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Givelight 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, Givelight Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 14.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
GIVELIGHT FOUNDATIONS PRIMARY EXEMPT PURPOSE IS TO PROVIDE SHELTER, CLOTHING AND FOOD TO CHILDREN WHO HAVE BEEN ORPHANED BY A NATURAL DISASTER OR OTHER GLOBAL CRISIS; TO PROVIDE EDUCATIONAL, SPIRITUAL AND SOCIAL SERVICES TO THE CHILDREN RESIDING IN THESE ORPHANAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVELIGHT FOUNDATION MADE STRONG STRIDE IN 2023 WITH THE ULTIMATE GOAL OF INCREASING THE NUMBER OF CHILDREN SERVED EPONENTIALLY BY 2028. THE HIGHLIGHT OF THE YEAR WAS THE OPENING OF THE NEWEST HOME IN MULTAN, PAKISTAN, WITH THE CAPACITY TO CARE FOR 80 CHILDREN, THAT WAS 100% DONOR FUNDED. WITH 7 HOMES IN OPERATION AND APPROACHING ITS 20-YEAR ANNIVERSARY, GIVELIGHT INITIATED A TWO-YEAR PROCESS TO FOCUS ON UPDATING THE INFRASTRUCTURE TO ENSURE THAT OPERATIONS ARE STREAMLINED AND THAT WE ARE PREPARED TO SCALE OUR OPERATIONS OVER THE NEXT 4-5 YEARS. TO DO THIS A FULL-TIME OPERATIONAL LEADER WAS HIRED AND THE OPERATIONS DIRECTOR MOVED TO FULL-TIME, BRINGING GIVELIGHT TO 3FTE WITH WEB AND IT SUPPORT THROUGH CONSULTANTS. GIVELIGHT CONTINUES TO BE SUPPORTED BY AN EXTENSIVE NETWORK OF DEDICATED VOLUNTEERS WHO PLAN AND MANAGE FUNDRAISING AND OUTREACH EVENTS, TUTOR AND MENTOR THE CHILDREN IN GIVELIGHT HOMES, AND ADVISE THE ORGANIZATION. EFFECTIVELY INCORPORATING PASSIONATE VOLUNTEERS HAS BEEN A CORNERSTONE OF GIVELIGHTS SUCCESS SINCE THE BEGINNING THAT, ALONG WITH PRUDENT FISCAL STEWARDSHIP, HAS ALLOWED GIVELIGHT TO MAKE A PROFOUND IMPACT IN THE LIVES OF MORE THAN 1,000 CHILDREN A YEAR. WE LOOK FORWARD WITH EXCITEMENT TO 2024 AS OUR STAFF AND VOLUNTEERS CONTINUE WITH THE PREPARATORY STEPS TO SCALE GIVELIGHTS PROGRAM SIGNIFICANTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dian Alyan President | OfficerTrustee | 40 | $137,082 |
Noshaba Afzal Secretary | OfficerTrustee | 5 | $0 |
Johann Noor Mohamed Treasurer | OfficerTrustee | 5 | $0 |
Firasat Ali Legal | Trustee | 5 | $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 | $2,103,955 |
| Noncash contributions included in lines 1a–1f | $56,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,103,955 |
| Total Program Service Revenue | $0 |
| Investment income | $77,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,025 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,186,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $609,846 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,082 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,771 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,033 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,765 |
| Advertising and promotion | $154 |
| Office expenses | $966 |
| Information technology | $19,030 |
| Royalties | $0 |
| Occupancy | $21,313 |
| Travel | $6,665 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,522 |
| Insurance | $2,297 |
| All other expenses | $28 |
| Total functional expenses | $1,002,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,667 |
| Savings and temporary cash investments | $6,325,500 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $602,315 |
| Investments—publicly traded securities | $4,102,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,280,674 |
| Accounts payable and accrued expenses | $3,305 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,305 |
| Net assets without donor restrictions | $11,277,369 |
| Net assets with donor restrictions | $0 |
| 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 | $11,280,674 |
Grants Awarded
Over the last fiscal year, Givelight Foundation has awarded $23,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CITIZEN FOUNDATION PURPOSE: ORPHAN PROGRAMS | $18,000 |
AVERROES HIGH SCHOOL PURPOSE: ORPHAN EDUCATION PROGRAMS | $5,000 |