The Nemchand And Shanta Dharawat Charitable Foundation
- Assets
- $231.4k
- Revenue
- $14.2k
- Investments
- $194.1k
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 81-0872267
Organization Overview
The Nemchand And Shanta Dharawat Charitable Foundation is located in Wheeling, WV. The organization was established in 2017. 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. Nemchand And Shanta Dharawat 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.
For the year ending 12/2021, Nemchand And Shanta Dharawat Charitable Foundation generated $14.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $19.3k during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikhil Dharawat Trustee | 0.1 | $0 | |
Madhu Dharawat Trustee | 1 | $0 | |
Ramesh Dharawat Trustee | 0.1 | $0 | |
Vimla Dharawat Trustee | 0.1 | $0 | |
Amy Dharawat Trustee | 1 | $0 | |
Rajesh Dharawat Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $15,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,471 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56 |
| Total operating and administrative expenses | $7,289 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $19,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $37,224 |
| 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 | $231,372 |
| 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, The Nemchand And Shanta Dharawat Charitable Foundation has awarded $12,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DOCTORS WITHOUT BORDERS USA INC PURPOSE: GENERAL PURPOSES | $3,250 |
INDIAN ASSN OF SAN JOAQIN CO PURPOSE: GENERAL PURPOSES | $3,000 |
BMSPURR NURSING SCHOOL PURPOSE: GENERAL PURPOSES | $2,000 |
Wheeling, WV PURPOSE: GENERAL PURPOSIS | $1,500 |
HEIFER INTERNATIONAL PURPOSE: GENERAL PURPOSES | $500 |
UNICEF USA PURPOSE: GENERAL PURPOSES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |