Shukla Family Charitable Foundation Inc
- Assets
- $685.7k
- Revenue
- $159.5k
- Investments
- $631.2k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1402251
Organization Overview
Shukla Family Charitable Foundation Inc is located in Indianapolis, IN. The organization was established in 2019. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shukla Family Charitable 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 12/2022, Shukla Family Charitable Foundation Inc generated $159.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $35.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chetan Shukla President | 1 | $0 | |
Leena Shukla Secretary/tr | 1 | $0 | |
Janki Shukla Board Member | 0.5 | $0 | |
Devki Shukla Board Member | 0.5 | $0 | |
Jay Shukla Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,475 |
| Interest on Savings | $4 |
| Dividends & Interest | $6,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,394 |
| Capital Gain Net Income | $34,650 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $651 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22 |
| Total operating and administrative expenses | $3,298 |
| Contributions, gifts, grants paid | $32,516 |
| Total expenses and disbursements | $35,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,422 |
| Savings and temporary cash investments | $10,013 |
| 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 | $631,248 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $685,683 |
| 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, Shukla Family Charitable Foundation Inc has awarded $32,516 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL IN COMMUNITY FOUNDATION PURPOSE: CHARITABLE | $25,000 |
WFYI SOUND VISION SOCIETY PURPOSE: CHARITABLE | $1,100 |
IU HEALTH FOUNDATION PURPOSE: CHARITABLE | $1,000 |
INDIANAPOLIS PUBLIC LIBRARY PURPOSE: CHARITABLE | $600 |
AMERICAN RED CROSS PURPOSE: CHARITABLE | $700 |
EKAL VIDYALAYA FOUNDATION OF USA PURPOSE: CHARITABLE | $365 |