Ram And Lakshmi Sundaram Foundation is located in La Jolla, CA. 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. Ram And Lakshmi Sundaram 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 12/2023, Ram And Lakshmi Sundaram Foundation generated $620.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $87.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ram And Lakshmi Sundaram Foundation has awarded 63 individual grants totaling $295,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nallan C Krishnan Director | 0 | $0 | |
Lakshmi Sundaram Chair | 0 | $0 | |
Ram Sundaram Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $583,420 |
Interest on Savings | $32,781 |
Dividends & Interest | $3,808 |
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 | $620,009 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,545 |
Total operating and administrative expenses | $2,712 |
Contributions, gifts, grants paid | $85,000 |
Total expenses and disbursements | $87,712 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,148 |
Savings and temporary cash investments | $2,331,683 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,437 |
Total assets | $2,346,268 |
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, Ram And Lakshmi Sundaram Foundation has awarded $85,000 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
ACCOUNTING AID SOCIETY PURPOSE: FINANCIAL LITERACY | $5,000 |
OUR BISWAS PURPOSE: NANO FINANCE PROGRAM | $5,000 |
KARUNA AMERICA PURPOSE: HEALTH & LITERACY | $5,000 |
SHARE AND CARE FOUNDATION PURPOSE: SUPPORT AND EMPOWER WOMEN & CHILDREN IN RURAL INDIA | $5,000 |
LADDER UP PURPOSE: FINANCIAL EDUCATION | $5,000 |
GRAMEEN AMERICA PURPOSE: LOAN FINANCING FOR SMALL BUSINESSES | $5,000 |