Wadhwani Charitable Foundation is located in Los Altos, CA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Wadhwani Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Wadhwani Charitable Foundation has awarded 105 individual grants totaling $23,820,823. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Romesh T Wadhwani CEO | 0.5 | $0 | |
Kathleen E Wadhwani Secretary/cfo | 0.5 | $0 | |
Atul Raja Executive Vp, | 40 | $92,936 | |
Austin Thomas Executive Vice-Presi | 40 | $89,445 | |
Sunita Singh Executive Vp, | 40 | $58,342 | |
Swati Mittal Financial Controller | 40 | $56,777 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Price Waterhouse Coopers Private Limited | 12/30/19 | $60,168 |
Better Future Consultancy Charges | 12/30/19 | $56,507 |
Cloud Kinetics Technology Solutions (P) Ltd | 12/30/19 | $50,171 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $1,073 |
Dividends & Interest | $90,780 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,017,641 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$14,949,012 |
Total Revenue | -$12,839,518 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $380,689 |
Pension plans, employee benefits | $4,694 |
Interest | $0 |
Taxes | $485,999 |
Depreciation | $0 |
Occupancy | $26,580 |
Travel, conferences, and meetings | $13,727 |
Printing and publications | $0 |
Other expenses | $124,790 |
Total operating and administrative expenses | $1,156,238 |
Contributions, gifts, grants paid | $6,225,001 |
Total expenses and disbursements | $7,381,239 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,028,371 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $3,698,307 |
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 | $69 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $132,605,347 |
Net Land, buildings, and equipment | $11,063 |
Other assets | $81,898 |
Total assets | $137,425,055 |
Accounts payable and accrued expenses | $141,355 |
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 | $943,041 |
Total liabilities | $1,084,396 |
Over the last fiscal year, Wadhwani Charitable Foundation has awarded $6,225,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
FOUNDATION FOR EXCELLENCE PURPOSE: GENERAL PUBLIC SUPPORT | $25,000 |
AMERICAN INDIA FOUNDATION PURPOSE: GENERAL PUBLIC SUPPORT | $25,000 |
INDIASPORA PURPOSE: GENERAL PUBLIC SUPPORT | $25,000 |
INDIA COMMUNITY CENTER PURPOSE: GENERAL PUBLIC SUPPORT | $25,000 |
MAITRI FOUNDATION PURPOSE: GENERAL PUBLIC SUPPORT | $25,000 |
SAN FRANCISCO FOUNDATION PURPOSE: GENERAL PUBLIC SUPPORT | $6,100,000 |