Anil And Pragati Sharma Family Foundation
- Assets
- $10.1m
- Revenue
- $5.3m
- Investments
- $4.8m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4600520
Organization Overview
Anil And Pragati Sharma Family Foundation is located in Miami Beach, FL. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Anil And Pragati Sharma Family 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, Anil And Pragati Sharma Family Foundation generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.9% each year . All expenses for the organization totaled $276.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Anil And Pragati Sharma Family Foundation has awarded 27 individual grants totaling $823,239. 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 Sharma President | 1 | $0 | |
Pragati Sharma Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $209 |
| Dividends & Interest | $77,941 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,180,100 |
| Capital Gain Net Income | $2,180,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,258,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $39 |
| Taxes | $2,912 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,131 |
| Total operating and administrative expenses | $15,518 |
| Contributions, gifts, grants paid | $261,250 |
| Total expenses and disbursements | $276,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,302,329 |
| 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 | $10,134,501 |
| 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 | $2,374,999 |
| Total liabilities | $2,374,999 |
Grants Awarded
Over the last fiscal year, Anil And Pragati Sharma Family Foundation has awarded $522,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SOCIETY FOR MEDICAL EDUCATION PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
SOCIETY FOR MEDICAL EDUCATION PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
MONMOUTH MED CTR FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
MONMOUTH MED CTR FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
PROJECT WRITE NOW PURPOSE: GENERAL & UNRESTRICTED | $1,250 |
PROJECT WRITE NOW PURPOSE: GENERAL & UNRESTRICTED | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Bankers Association Group Benefits Trust Orlando, FL | $33,617,508 | $79,896,107 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA | $545,577,272 | $201,098,940 |
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
W I H Pitts Charitable Tr Ua 110187 Orlando, FL | $39,439,716 | $4,048,727 |