Thakkar Family Foundation Inc
- Assets
- $4.0m
- Revenue
- -$15.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- Sebring, FL
- Founding
- 11/1993
- Data as of
- 11/2023
- EIN
- 59-3204990
Organization Overview
Thakkar Family Foundation Inc is located in Sebring, FL. The organization was established in 1993. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Thakkar Family 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.
Since 2015, Thakkar Family Foundation Inc has awarded 1,027 individual grants totaling $852,674. 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 |
|---|---|---|---|
Vinod Thakkar President | 0 | $0 | |
Vipul Thakkar Vice Preside | 0 | $0 | |
Radha V Bachman Vice Preside | 0 | $0 | |
Tarlika Thakkar Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,211 |
| Dividends & Interest | $56,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$74,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$14,993 |
| 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 | $45,555 |
| Contributions, gifts, grants paid | $221,428 |
| Total expenses and disbursements | $266,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,401 |
| 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 | $54,390 |
| 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 | $3,962,421 |
| 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, Thakkar Family Foundation Inc has awarded $221,428 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
JASMINE GROOVER PURPOSE: EDUCATION | $100 |
AVA CACERAS PURPOSE: EDUCATION | $100 |
BRAILEY MACIAS PURPOSE: EDUCATION | $100 |
KATELYN FOLLOWELL PURPOSE: EDUCATION | $100 |
DAWN SCHOMMER PURPOSE: EDUCATION | $50 |
SOPHIA MERCADO DAUGHTER JANE B PURPOSE: EDUCATION | $100 |