Assam Foundation Of North America Inc
- Assets
- $148.4k
- Revenue
- $222.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, MI
- Founding
- 02/1982
- Data as of
- 12/2021
- EIN
- 61-0994468
Organization Overview
Assam Foundation Of North America Inc is located in Canton, MI. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Assam Foundation Of North America 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 12/2021, Assam Foundation Of North America Inc generated $222.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $150.9k during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASSAM FOUNDATION OF NORTH AMERICA IS A PUBLICLY SUPPORTED NON-PROFIT ORGANIZATION WITH FOUNDATION STATUS SERVING SINCE 1982 UNDER SECTION 509A OF THE INTERNAL REVENUE CODE WITH TAX EXEMPTION UNDER SECTION 501C3 WITH TAX ID. #: 61-0994468. ASSAM FOUNDATION OF NORTH AMERICA ENCOURAGES AND FACILITATES ORGANIZATIONAL AND INDIVIDUAL EFFORTS TO FURTHER MUTUAL UNDERSTANDING AND COOPERATION BETWEEN ASSAM AND NORTH AMERICA. ASSAM IS A STATE IN THE NORTH-EASTERN PART OF INDIA. THE FOUNDATION SPECIFICALLY SEEKS TO: ASSIST INSTITUTIONS IN PROMOTING SOCIAL CULTURAL TECHNICAL MEDICAL AND EDUCATIONAL EXCHANGES BETWEEN ASSAM AND NORTH AMERICA ENCOURAGE AND RECOGNIZE CONTRIBUTIONS TOWARD THE BETTERMENT OF ASSAM AND TOWARD THE PROMOTION OF GOODWILL AND FRIENDSHIP BETWEEN ASSAM AND NORTH AMERICA -PROVIDE TECHNICAL JOURNALS TEXT BOOKS AND EQUIPMENT TO INSTITUTIONS OF LEARNING HEALTH CARE INSTITUTES AND OTHER ORGANIZATIONS SERVING ASSAM AND NORTH AMERICA AND ACQUIRE ASSAMESE MATERIALS AND MA
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 COVID 19 RELIEF WAS THE BIGGEST EVER RELIEF CAMPAIGN AND FUNDRAISING IN AFNA'S HISTORY TO CONTRIBUTE TOWARDS THE FIGHT AGAINST THE COVID 19 PANDEMIC IN ASSAM AS WELL AS IN THE US. WITH THE HELP OF RVC SENEH AND AKSHAR FOUNDATION AFNA PROVIDED SUPPORT AND CARE IN ASSAM. IN THE US AFNAS CONTRIBUTIONS WERE MADE THROUGH WELL-KNOWN RELIEF ORGANIZATIONS NAMELY CALIFORNIA FIREFIGHTERS FOUNDATION OREGON VOLUNTEER FIREFIGHTERS FOUNDATION AMERICAN RED CROSS FOR WASHINGTON FIRES AND FEEDING AMERICA FOODBANKS.
AFNA AWARDED 40 NEW SCHOLARSHIPS TO THE DESERVING CANDIDATES. THIS IS AN INCREASE FROM THE 30 WE HAVE AWARDED EVERY YEAR SINCE ITS INCEPTION. AMONG THE 40 STUDENTS 22 OF THE AWARDEES ARE PURSUING STEM COURSES AND THE REMAINING ARE FROM NON-STEM STREAMS. THE HIGHLIGHT WAS THAT 24 OF THESE WINNERS ARE GIRLS. THE NUMBER OF RECIPIENTS FOR THIS SCHOLARSHIP THAT ARE BEING SUPPORTED FOR 2020-21 IS AT 75 CURRENTLY.
CONTRIBUTIONS TOWARDS NATURAL DISASTERS GLOBALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anamitra Bhattacharyya Treasurer | Officer | 1 | $0 |
Sarfaraz Taher President | Officer | 2 | $0 |
Enakshi Baruah Gen Secretary | Officer | 1 | $0 |
Chandan Mozumder Vice President | Officer | 1 | $0 |
Lipika Deka Board Of Director | Trustee | 1 | $0 |
Pradip Das Board Of Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $442 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,119 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,561 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,561 |
| 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 | $142,877 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,208 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,848 |
| Total functional expenses | $150,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,356 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,356 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $148,356 |
| 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 | $148,356 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Assam Foundation Of North America Inc has recieved totaling $74,454.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $32,055 |
The Community Foundation For Northern Virginia Inc Oakton, VA PURPOSE: PRIVATE GRANTMAKING FOUNDATIONS | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,000 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: COMMUNITY BLDG, IMPROVEMENT & CAPACITY BUILDING | $8,500 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/09/20 | $500 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 11/03/21 | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |
American Electric Power Foundation Columbus, OH | $61,577,266 | $10,199,855 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Dean & Barbara White Family Foundation Inc Merrillville, IN | $792,865,434 | $81,802,743 |
Wilson Sheehan Foundation Springfield, OH | $57,339,515 | $15,119,930 |