Tharani Family Foundation Inc
- Assets
- $310.4k
- Revenue
- $12.7k
- Investments
- $308.1k
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-4734904
Organization Overview
Tharani Family Foundation Inc is located in Miami Beach, FL. 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. Tharani 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, Tharani Family Foundation Inc generated $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22 |
| Dividends & Interest | $11,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,620 |
| Capital Gain Net Income | $1,620 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,749 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $122 |
| Total operating and administrative expenses | $1,766 |
| Contributions, gifts, grants paid | $16,532 |
| Total expenses and disbursements | $18,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,306 |
| 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 | $162,470 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3 |
| Total assets | $310,405 |
| 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, Tharani Family Foundation Inc has awarded $16,532 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DOG LOVER RESCUE PURPOSE: GENERAL | $1,000 |
NATIONAL LINK TRUST PURPOSE: GENERAL | $1,000 |
NEW YORK STATE HONORARY FIRE CHIEF ASSOCIATION PURPOSE: GENERAL | $1,500 |
THE ASSOCIATION PURPOSE: GENERAL | $3,000 |
NJSGA CADDIE SCHOLARSHIP PURPOSE: GENERAL | $1,000 |
TOMMY ROBERT BOOK CHARITY PURPOSE: GENERAL | $32 |