Aaski Foundation Inc
- Assets
- $3.4m
- Revenue
- $199.3k
- Investments
- $3.3m
- Employees
- 0
- Location
- Trinity, FL
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 81-4791103
Organization Overview
Aaski Foundation Inc is located in Trinity, 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. Aaski 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 12/2023, Aaski Foundation Inc generated $199.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.9%) each year.
Since 2018, Aaski Foundation Inc has awarded 71 individual grants totaling $762,047. 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 |
|---|---|---|---|
Bharat Parikh President | 2 | $0 | |
Rina Parikh Vice President | 2 | $0 | |
Sagar Parikh Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,276 |
| Interest on Savings | $19,650 |
| Dividends & Interest | $49,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $199,278 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $998 |
| Depreciation | $0 |
| Occupancy | $11,097 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,854 |
| Total operating and administrative expenses | $31,600 |
| Contributions, gifts, grants paid | $183,341 |
| Total expenses and disbursements | $214,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,907 |
| 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 | $894,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,426,701 |
| 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, Aaski Foundation Inc has awarded $183,341 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GANDEVI SEVA SAMAJ OF NORTH AMERICA INC PURPOSE: EDUCATION, CULTURAL ACTIVITY | $250 |
THE OM FOUNDATION PURPOSE: PROMOTE CANCER AWARNESS | $500 |
SAKHI FOR SOUTH ASIAN WOMEN PURPOSE: ANTI VIOLENCE PROGRAM | $16,888 |
TRAGEDY ASSISTANCE PROGRAM FOR SURVIVORS PURPOSE: SUPPORT FOR TAPSPROGRAM AND RESOURCESFOR FAMILIES OF AMERICAN FALLEN MILITARY HEROES | $25,000 |
EKAL VIDYALAYA FOUNDATION OF USA PURPOSE: DONATION FOR SCHOOLS IN GUJARAT | $36,500 |
VYO-USA INC PURPOSE: GENERAL OPERATION | $40,000 |