Kalvi Foundation Inc
- Assets
- $683.4k
- Revenue
- -$119.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 77-0571224
Organization Overview
Kalvi Foundation Inc is located in Saratoga, CA. The organization was established in 2002. 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. Kalvi 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 2014, Kalvi Foundation Inc has awarded 48 individual grants totaling $315,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL RELIEF. THE FOUNDATION SEEKS TO FINANCIALLY ASSIST INDIGENT PERSONS IN SERIOUS NEED OF MEDICAL ATTENTION, SUCH AS ORGAN TRANSPLANTS, SURGERY FOR LIFE-THREATENING ILLNESSES AND OTHER SIMILAR MEDICAL PROBLEMS.
GENERAL WELFARE AND EDUCATIONAL SUPPORT. THE FOUNDATION SEEKS TO PROVIDE FINANCIAL RESOURCES FOR INDIGENT CHILDREN FOR THEIR GENERAL WELFARE, HIGH SCHOOL, COLLEGE AND OTHER TECHNICAL EDUCATIONAL PROGRAMS.
SCHOLARSHIP PROGRAM. THE FOUNDATION SEEKS TO PROVIDE A MERITORIOUS SCHOLARSHIP REWARD PROGRAM FOR STUDENTS, IRRESPECTIVE OF NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alanghat G Karunakaran CEO | 1 | $0 | |
Shanti Subramanyam Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| 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 | -$119,147 |
| Total Revenue | -$119,147 |
| 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 | $43,000 |
| Total expenses and disbursements | $43,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $683,389 |
| 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 | $683,389 |
| 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, Kalvi Foundation Inc has awarded $43,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PRATHAM USA 76-0620808 PURPOSE: COVER EDUCATIONAL AND GENERAL RELIEF EXPENSES FOR DESERVING CHILDREN. | $10,000 |
FAMILIES FOR CHILDREN USA INC 86-04 PURPOSE: COVER EDUCATIONAL AND GENERAL RELIEF EXPENSES FOR DESERVING CHILDREN. | $5,000 |
FOUNDATION FOR EXCELLENCE EIN 77-04 PURPOSE: SUPPORT POOR BUT DESERVING AND TALENTED STUDENTS IN THEIR EDUCATIONAL PURSUIT | $6,000 |
AKSHAYA PATRA FOUNDATION USA PURPOSE: EDUCATIONAL SUPPORT FOR UNDERPRIVILEGED CHILDREN | $6,000 |
INDO-UNIVERSAL COLLABORATION PURPOSE: EDUCATIONAL SUPPORT FOR ENGINEERING COLLEGES | $5,000 |
INDIA LITERACY PROJECT PURPOSE: EDUCATIONAL SUPPORT FOR UNDERPRIVILEGED CHILDREN | $6,000 |