Khatri Family Foundation Inc
- Assets
- $332.0k
- Revenue
- $3.1k
- Investments
- $324.4k
- Employees
- 0
- Location
- Modesto, CA
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 81-0950887
Organization Overview
Khatri Family Foundation Inc is located in Modesto, CA. The organization was established in 2016. 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. Khatri 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.
For the year ending 12/2022, Khatri Family Foundation Inc generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (41.1%) each year.
Since 2017, Khatri Family Foundation Inc has awarded 28 individual grants totaling $116,220. 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 |
|---|---|---|---|
Anil Khatri President/di | 0 | $0 | |
Narendra Khatri Treasurer/di | 0 | $0 | |
Jawahar Khatri Secretary/di | 0 | $0 | |
Sajit Khatri Director | 0 | $0 | |
Pranil Khatri Director | 0 | $0 | |
Pranita Khatri Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,661 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$572 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,319 |
| Total operating and administrative expenses | $1,369 |
| Contributions, gifts, grants paid | $31,065 |
| Total expenses and disbursements | $32,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,644 |
| 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 | $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 | $332,047 |
| 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, Khatri Family Foundation Inc has awarded $31,065 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
STANISLAUS OPPORTUNITY CENTER PURPOSE: DONATION | $5,000 |
MEMORIAL HOSPITAL FOUNDATION PURPOSE: TO IMPROVE IMPACT OF HEALTHCARE | $1,000 |
ASSYRIAN CHURCH OF THE EAST PURPOSE: DONATION | $800 |
AMERICAN RED CROSS PURPOSE: DONATION | $5,000 |
DEL RIO COUNTRY CLUB PURPOSE: DONATION | $15,000 |
STANISLAUS COUNTY SHERIF K9 ASSOCIA PURPOSE: DONATION | $1,000 |