Wadhwani Institute For Artificial Intelligence Foundation
- Assets
- $3.3m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 82-2506250
Organization Overview
Wadhwani Institute For Artificial Intelligence Foundation is located in Los Altos, CA. The organization was established in 2019. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wadhwani Institute For Artificial Intelligence 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 12/2021, Wadhwani Institute For Artificial Intelligence Foundation generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 18.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wadhwani Institute For Artificial Intelligence Foundation has awarded 11 individual grants totaling $2,027,300. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTIFICIAL INTELLIGENCE IN CHILDREN'S GLOBAL HEALTH:THE PROGRAM IS CREATING A SMARTPHONE-BASED ANTHROPOMETRY TECHNOLOGY, WHICH WILL ALLOW FRONTLINE WORKERS TO TRACK BABY WEIGHT IN RURAL HOMES AND HOSPITAL SETTINGS.
TUBERCULOSIS (TB) RESEARCH AND ARTIFICIAL INTELLIGENCE:CREATING TECHNOLOGIES TOWARDS AUTOMATED READING OF TB LINE PROBE ASSAY TEST RESULTS, PROVIDING DIFFERENTIATED INTERVENTIONS FOR TB PATIENTS BY APPLYING CRITICAL RESOURCES APPROPRIATELY, ANALYZING COUGH SOUNDS TO SEEK A SIGNAL FOR TB, AND BUILDING CAPACITY IN THE GOVERNMENT TO SUPPORT AI INITIATIVES.
PEST MONITORING SOLUTION:THE SOLUTION IS BEING DEVELOPED TO HELP REDUCE CROP LOSSES THROUGH INTEGRATED PEST MANAGEMENT IN COTTON FARMS.
COVID-19 SOLUTION:THIS SOLUTION PROVIDED EPIDEMIOLOGICAL FORCASTING FOR COVID-19 TO ASSIST IN RESOURCE PLANNING USING SUSCEPTIBLE-EXPOSED-INFECTIOUS-RECOVERED (SEIR) BASED MODELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Padmanabhan Anandan CEO | 40 | $241,667 | |
Sunil Wadhwani President/director | 0.5 | $0 | |
Romesh T Wadhwani Secretary/treasurer/direct | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Entrepreneurship Network (Nen) | 12/30/21 | $2,592,609 |
Locuz Enterprise Solutions | 12/30/21 | $480,129 |
Capital Edge Consulting | 12/30/21 | $155,084 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,609,813 |
| Interest on Savings | $62 |
| Dividends & Interest | $0 |
| 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 | $829 |
| Total Revenue | $7,610,704 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $241,667 |
| Other employee salaries and wages | $139,978 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,456 |
| Depreciation | $129,664 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,090 |
| Printing and publications | $0 |
| Other expenses | $3,149,994 |
| Total operating and administrative expenses | $3,992,262 |
| Contributions, gifts, grants paid | $1,404,894 |
| Total expenses and disbursements | $5,397,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,907,736 |
| 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 | $10,179 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $338,875 |
| Other assets | $0 |
| Total assets | $3,256,790 |
| Accounts payable and accrued expenses | $97,987 |
| 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 | $97,987 |
Grants Awarded
Over the last fiscal year, Wadhwani Institute For Artificial Intelligence Foundation has awarded $1,404,894 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ENTREPRENEURSHIP NETWORK (NEN) PURPOSE: THE PURPOSE OF THE GRANT IS TO INTRODUCE ARTIFICIAL INTELLIGENCE (AI) SOLUTIONS FOR INFECTIOUS DISEASES OF PUBLIC HEALTH IMPORTANCE LIKE TUBERCULOSIS (TB). THE AI SOLUTIONS DEVELOPED AND DEPLOYED WILL HELP IN PREPARING, PREVENTING, DETECTING AND RESPONDING TO INFECTIOUS DISEASES IN INDIA. THE PROJECT WILL BRING EFFICIENCY WITHIN EXISTING RESOURCES BY WAY OF AUTOMATION AND THEREBY AUGMENT GOVERNMENT OF INDIA'S AND OTHER COLLECTIVE DISEASE PREVENTION AND CONTROL EFFORTS. | $818,397 |
IQVIA CONSULTING AND INFORMATION SERVICES INDIA PVT LTD PURPOSE: THE PURPOSE OF THE GRANT IS TO APPOINT IQVIA AS A PROJECT MANAGER TO ASSIST THE NATIONAL HEALTH AUTHORITY (NHA) IN THE ROLL OUT OF THE NATIONAL DIGITAL HEALTH MISSION (NDHM). | $250,000 |
UNIVERSITY OF CHICAGO TRUST PURPOSE: THE UC TRUST WILL OVERSEE THE IMPLEMENTATION OF TWO PROJECTS, STRATEGIC SUPPORT FOR NATIONAL DIGITAL HEALTH MISSION AND AI AND DIGITAL HEALTH ECOSYSTEM. | $115,567 |
HARVARD FACULTY OF ARTS & SCIENCES PURPOSE: THE GIFTS ESTABLISHES THE CURRENT-USE COMPUTATION AND SOCIETY GRADUATE SUPPORT FUND (THE "FUND"). THE PRIMARY PURPOSE OF THE FUND IS TO SUPPORT RESEARCH IN THE AREA COMPUTER SCIENCE. | $108,000 |
EVERWELL HEALTH SOLUTIONS PRIVATE LIMITED PURPOSE: THE PURPOSE OF THE GRANT IS TO CONTRACT EVERWELL HEALTH SOLUTION TO PROVIDE SUPPORT TO WADHWANI INSTITUTE FOR ARTFICIAL INTELLIGENCE FOUNDATION (WIAI) BY CONTRIBUTING TO DESIGN, DEVELOPMENT, INTEGRATION, AND ROLL OUT OF MULTIPLE MODULES IN NIKSHAY THAT WILL EQUIP NATIONAL TUBERCULOSIS ELIMINATION PROGRAM (NTEP) WITH ARTIFICIAL INTELLIGENCE FUNCTIONALITIES. THE AGENCY WILL ALSO PROVIDE TECHNICAL SUPPORT FOR PILOT TESTING AN EXPLORING USE CASES IN NTEP FOR ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING LAYERS. | $57,000 |
SOCIETY FOR EDUCATION WELFARE AND ACTION - RURAL PURPOSE: THE PURPOSE OF THE GRANT TO BUILD A DATASET OF SHORT VIDEOS AND IMAGES OF INDIAN NEWBORNS ACROSS VARIOUS BIRTH WEIGHTS, CAPTURED ON AN ANDROID SMARTPHONE, ALONG WITH CORRESPONDING MEASUREMENTS SUCH AS WEIGHT, CROWN-TO-HEEL LENGTH, HEAD CIRCUMFERENCE, CHEST CIRCUMFERENCE. THE DATASET WILL BE USED TO DESIGN AND DEVELOP AN AI-POWERED SOLUTION THAT WILL ALLOW PUBLIC HEALTH FRONTLINE WORKER TO ESTIMATE NEWBORN WEIGHT FROM IMAGES AND / OR SHORT VIDEOS TAKEN FROM MOBILE PHONES, ENABLING EASY, GEOTAGGED, TAMPER-PROOF SCREENING OF LOW BIRTH WEIGHT NEWBORNS. | $24,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wadhwani Institute For Artificial Intelligence Foundation has recieved totaling $1,500,000.
| Awarding Organization | Amount |
|---|---|
San Francisco Foundation San Francisco, CA PURPOSE: ADVISED - FOR GENERAL OPERATING SUPPORT. | $1,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wadhwani Institute For Artificial Intelligence Foundation Los Altos, CA | $3,256,790 | $7,610,704 |
Imec Inc San Francisco, CA | $1,494,519 | $4,897,734 |
Scintillon Institute San Diego, CA | $1,260,479 | $3,205,276 |
Kestrel Institute Palo Alto, CA | $2,764,272 | $3,386,483 |
Open Research Lab Inc Oakland, CA | $10,022,134 | $10,163,260 |
Sierra Institute For Community And Taylorsville, CA | $4,935,635 | $3,987,418 |
Phoenix Bioinformatics Corporation Newark, CA | $2,438,726 | $1,432,149 |
Scientific Analysis Corp Alameda, CA | $2,082,230 | $1,446,716 |
Biocom Institute San Diego, CA | $371,676 | $1,938,912 |
Group Conscience San Diego, CA | $762,518 | $582,951 |
Project Invent San Francisco, CA | $570,134 | $1,005,665 |
California Biotechnology Foundation Sacramento, CA | $67,850 | $860,600 |