Maker Bhavan Foundation
- Assets
- $475.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-2933252
Organization Overview
Maker Bhavan Foundation is located in Palo Alto, CA. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maker Bhavan Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE STEM EDUCATION IN INDIA TO TRAIN STUDENTS TO BE INNOVATIVE AND JOB-READY UPON GRADUATION. THE FOUNDATION ACTS AS A GLOBAL RESOURCE FOR INDIAN ENGINEERING COLLEGES TO PROVIDE ACCESS TO TOOLS, EQUIPMENT, FINANCIAL RESOURCES AND KNOWLEDGE SO THAT THE EDUCATION IMPARTED IS MORE RELEVANT AND RESPONSIVE TO THE REAL LIFE NEEDS OF STUDENTS AND SOCIETY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW INITIATIVE CENTRE FOR HEALTHCARE ENTREPRENEURSHIP SET UP WITH THE OBJECTIVE OF CATALYSING HEALTHCARE INNOVATION TO BRING ABOUT AFFORDABLE SOLUTIONS TO ADDRESS HEALTHCARE NEEDS OF INDIA. CFHE WILL SPARK OF ENTREPRENEURSHIP IN YOUTH AND PROVIDE THEM WITH FOCUSED HANDS-ON EDUCATION, TRAINING AND TOP-NOTCH MENTORSHIP.
LEARNING ENGINEERING THROUGH ACTIVITY (LEAP) IS SET UP WITH THE AIM TO HELP TIER-2 ENGINEERING INSTITUTIONS ACROSS INDIA EVOLVE THEIR OWN PROJECT-BASED LEARNING PROGRAMS.
CENTRE FOR ESSENTIAL SKILLS (CES) WAS CREATED TO IMPART FOUNDATIONAL SKILLS THAT GO BEYOND TECHNICAL DOMAIN EXPERTISE. CES WILL OFFER 10 COURSES ACROSS THE DOMAIN OF COMMUNICATION, INTERPERSONAL LIFE SKILLS, AND COGNITIVE LEARNING SKILLS LIKE CRITICAL THINKING, PROBLEM SOLVING, DECISION MAKING AND APPLIED FINANCIAL SKILLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Subhash Tantry President | OfficerTrustee | 2 | $0 |
Bakul Shah Secretary | OfficerTrustee | 1 | $0 |
Paritosh Choksi Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,121,638 |
| Noncash contributions included in lines 1a–1f | $377,726 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,121,638 |
| Total Program Service Revenue | $0 |
| Investment income | $7,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,129,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $143,582 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $409,964 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,652 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $269 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $525 |
| Total functional expenses | $688,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,631 |
| Savings and temporary cash investments | $9,625 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $458,019 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $475,275 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $475,275 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $475,275 |
Grants Awarded
Over the last fiscal year, Maker Bhavan Foundation has awarded $143,582 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cupertino, CA PURPOSE: Creation of a Collaborative Classroom and Experiential Learning Lab at the Department of Electrical Engineering, IIT Bombay. | $78,582 |
Palo Alto, CA PURPOSE: An ongoing Leadership Program to teach Soft Skill at IIT Gandhinagar. | $65,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Maker Bhavan Foundation has recieved totaling $448,674.
| Awarding Organization | Amount |
|---|---|
Kanakia Foundation Green Cove Springs, FL PURPOSE: GENERAL PURPOSE | $250,000 |
Indira Foundation La Jolla, CA PURPOSE: GENERAL USE | $198,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
T H I N K Together Santa Ana, CA | $21,163,923 | $75,709,835 |
Oregon Charter Academy Mill City, OR | $32,899,516 | $48,211,726 |
Associated Students Inc San Luis Obispo, CA | $11,685,936 | $19,727,613 |
Associated Students Inc California State University Fullerton Fullerton, CA | $22,440,353 | $22,369,454 |
Associated Students Of San Diego State University San Diego, CA | $30,778,404 | $21,344,021 |
California State University Fresno Association Inc Fresno, CA | $113,779,668 | $15,944,994 |
Forty-Niner Shops Inc Long Beach, CA | $22,900,172 | $18,721,159 |
University Student Union Of California State University Northr Northridge, CA | $10,981,881 | $16,476,738 |
Associated Students Calif State University Long Beach Long Beach, CA | $29,242,032 | $17,619,316 |
Associated Students Inc Calif State Poly University Pomona Pomona, CA | $43,036,726 | $21,400,695 |
Student Union Of San Jose State University San Jose, CA | $15,630,953 | $10,786,949 |
Associated Students Of California State University Sacramento Sacramento, CA | $14,200,718 | $8,069,770 |