Maturi Rammohan Foundation Inc
- Assets
- $499.1k
- Revenue
- $410.3k
- Investments
- $275.3k
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-4190105
Organization Overview
Maturi Rammohan Foundation Inc is located in Carmel, IN. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Maturi Rammohan 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, Maturi Rammohan Foundation Inc generated $410.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $282.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Maturi Rammohan Foundation Inc has awarded 143 individual grants totaling $430,141. 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
ISHA FOUNDATION-ECOLOGICAL HEALTH
WORLD FOOD PROGRAMME-FOOD SECURITY
EAGLE CREEK PARK FOUNDATION-ENHANCE EAGLE CREEK PARK
INDIANA BLIND CHILDREN'S FOUNDATION-BLIND EDUCATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dheepa Maturi President | 3.25 | $0 | |
Raj Maturi Vice Preside | 2.25 | $0 | |
Muthuramalingam Rammohan Treasurer | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $340,000 |
| Interest on Savings | $262 |
| Dividends & Interest | $3,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,128 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $410,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,950 |
| Contributions, gifts, grants paid | $280,027 |
| Total expenses and disbursements | $281,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $223,870 |
| 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 | $499,140 |
| Accounts payable and accrued expenses | $52 |
| 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 | -$298,123 |
| Total liabilities | -$298,071 |
Grants Awarded
Over the last fiscal year, Maturi Rammohan Foundation Inc has awarded $280,027 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL WILDLIFE FEDERATION PURPOSE: LAND CONSERVATION | $515 |
ISHA FOUNDATION PURPOSE: ECOLOGICAL HEALTH | $250,000 |
PANCREATIC CANCER ACTION NETWORK PURPOSE: PANCREATIC CANCER RESEARCH | $100 |
INDIANA HUMANITIES PURPOSE: COMMUNITY ARTS | $106 |
INDEPENDENCE ACADEMY PURPOSE: AUTISM EDUCATIONAL INSTITUTION | $250 |
OCEAN CONSERVANCY PURPOSE: OCEAN CONSERVATION | $100 |