Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin
- Assets
- $0.0
- Revenue
- -$8.2m
- Investments
- $59.0m
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 09/2018
- Data as of
- 10/2020
- EIN
- 82-3755232
Organization Overview
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin is located in Tampa, FL. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational 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. Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin has awarded 27 individual grants totaling $81,028,512. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORIDA HOSPITAL TAMPA - CHOSEN AS A GRANT RECIPIENT DUE TO THE ORGANIZATION'S FOCUS ON EDUCATION AND HEALTH IN THE COMMUNITY AND TO ENSURE A COMMITMENT TO EXCELLENCE IN SERVING THE COMMUNITY.
SHAKTI KRUPA CHARITABLE TRUST - FOR DEVELOPMENT OF THE HOSPITAL AND THE SCHOOL. THE CHILDREN'S HOSPITAL SERVES APPROXIMATELY 200 VILLAGES, INCLUDING 30,000 CHILDREN WITH ACUTE AND CHRONIC HEALTH CARE NEEDS. THE ADULT HOSPITAL FOCUSES ON LOW-INCOME AREAS AND RESIDENTS PROVIDING LOW COST OR FREE SERVICES.
ST. JOSEPH'S HOSPITAL OF TAMPA FOUNDATION - CHOSEN AS A GRANT RECIPIENT DUE TO THE ORGANIZATION'S FOCUS ON EDUCATION AND HEALTH IN THE COMMUNITY AND TO ENSURE A COMMITMENT TO EXCELLENCE IN SERVING THE COMMUNITY.
MORTON PLAN MEASE FOUNDATION - CHOSEN AS A GRANT RECIPIENT DUE TO THE ORGANIZATION'S FOCUS ON EDUCATION AND HEALTH IN THE COMMUNITY AND TO ENSURE A COMMITMENT TO EXCELLENCE IN SERVING THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shilen Patel President/director | 1 | $0 | |
Dr Sheetal Patel Vp/treasurer/director | 1 | $0 | |
Dr Sonali K Judd Secretary/director | 1 | $0 | |
Dr Kiran Patel Director | 1 | $0 | |
Dr Pallavi Patel Director | 1 | $0 | |
Ana Endres Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,245,933 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,070,600 |
| Total Revenue | -$8,161,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $3,123,626 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $9,266,993 |
| Contributions, gifts, grants paid | $3,725,000 |
| Total expenses and disbursements | $12,991,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,205,320 |
| Investments—mortgage loans | $0 |
| Investments—other | $58,974,158 |
| Other assets | $0 |
| Mortgages and other notes payable | $122,250,242 |
| Other liabilities | $10,214,670 |
Grants Awarded
Over the last fiscal year, Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin has awarded $3,725,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA HOSPITAL TAMPA PURPOSE: GENERAL SUPPORT | $1,400,000 |
SHAKTI KRUPA CHARITABLE TRUST PURPOSE: VARIOUS PERMANENT PROJECTS, I.E., HEALTH, EDUCATION, RURAL DEVELOPMENT AND SOCIAL SERVICE MAINLY FOR THE UPLIFTMENT OF THE RURAL COMMUNITY | $1,000,000 |
Tampa, FL PURPOSE: GENERAL SUPPORT | $500,000 |
MORTON PLAN MEASE FOUNDATION PURPOSE: GENERAL SUPPORT | $400,000 |
Tampa, FL PURPOSE: GENERAL SUPPORT | $200,000 |
USF FOUNDATION INC PURPOSE: GENERAL SUPPORT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Access Foundation Inc Miami, FL | $8,531,083 | $32,893,719 |
Early Learning Coalition Of Floridas Heartland Inc Port Charlotte, FL | $2,212,537 | $18,405,437 |
Early Learning Coalition Of Okaloosa And Walton Counties Inc Shalimar, FL | $1,559,642 | $16,151,395 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Usf Financing Corporation Tampa, FL | $387,045,696 | $13,998,407 |
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin Tampa, FL | $0 | -$8,161,100 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
White Hall Enrichment Advancement Team Hayneville, AL | $52,157 | $11,823,582 |
A Gift For Teaching Inc Orlando, FL | $5,328,629 | $9,022,570 |
Ninja Academy Incorporated Hollywood, FL | $2,893,530 | $10,861,940 |
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |