Chandna Family Foundation
- Assets
- $24.8m
- Revenue
- $9.9m
- Investments
- $11.5m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/2018
- Data as of
- 12/2020
- EIN
- 81-4705920
Organization Overview
Chandna Family Foundation is located in Menlo Park, CA. The organization was established in 2018. 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. Chandna 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 12/2020, Chandna Family Foundation generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $1.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Chandna Family Foundation has awarded 50 individual grants totaling $3,056,084. 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 |
|---|---|---|---|
Aarti Chandna President | 20 | $0 | |
Asheem Chandna Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,532,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $78,513 |
| Net Rental Income | -$104,107 |
| Net Gain on Sale of Assets | $5,015,432 |
| Capital Gain Net Income | $5,015,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,754 |
| Total Revenue | $9,889,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $652 |
| Taxes | $105,314 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,083 |
| Printing and publications | $0 |
| Other expenses | $376,922 |
| Total operating and administrative expenses | $488,317 |
| Contributions, gifts, grants paid | $1,029,000 |
| Total expenses and disbursements | $1,517,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,321,955 |
| 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 | $4,603,056 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,812,411 |
| 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, Chandna Family Foundation has awarded $920,329 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHANDNA FAMILY CHARITABLE TRUST DAF PURPOSE: COMMUNITY SUPPORT | $454,000 |
Atherton, CA PURPOSE: EDUCATION | $210,000 |
WASHINGTON UNIVERSITY PURPOSE: EDUCATION | $50,000 |
STANFORD UNIVERSITY PURPOSE: EDUCATION | $50,000 |
Redwood City, CA PURPOSE: COMMUNITY SUPPORT | $40,000 |
PENINSULA BRIDGE PURPOSE: EDUCATION | $27,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |