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 |