The Alla Family Foundation is located in Bettendorf, IA. The organization was established in 2018. 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. Alla 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.
Since 2017, Alla Family Foundation has awarded 46 individual grants totaling $1,999,471. 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
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Venkateswararao Alla Director | 0 | $0 | |
Nirmala Alla Director | 0 | $0 | |
Nandita Alla Vp/treas | 0 | $0 | |
Suresh Alla President/secty | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $168 |
Dividends & Interest | $52,577 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$77,624 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$24,879 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,258 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7,724 |
Total operating and administrative expenses | $12,307 |
Contributions, gifts, grants paid | $70,250 |
Total expenses and disbursements | $82,557 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $1,374,301 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,374,301 |
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 |
Over the last fiscal year, The Alla Family Foundation has awarded $70,250 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
VARIOUS 2499 PURPOSE: VARIOUS | $2,250 |
TRINITY HEALTH FOUNDATION PURPOSE: VARIOUS | $42,000 |
FAMILY MUSEUM FOUNDATON PURPOSE: PROGRAM SUPPORT | $2,500 |
YMCA OF THE IOWA MISSISSIPPI VALLEY PURPOSE: PROGRAM SUPPORT | $6,000 |
PHILLIPS EXETER ACADEMY PURPOSE: PROGRAM SUPPORT | $10,000 |
FIGGE ART MUSEUM PURPOSE: PROGRAM SUPPORT | $2,500 |