Anvi Group Charitable Foundation Inc
- Assets
- $10.8m
- Revenue
- $7.3m
- Investments
- $9.5m
- Employees
- 0
- Location
- Warren, NJ
- Founding
- Data as of
- 12/2021
- EIN
- 83-2896593
Organization Overview
Anvi Group Charitable Foundation Inc is located in Warren, NJ. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anvi Group 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 12/2021, Anvi Group Charitable Foundation Inc generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.9% each year . All expenses for the organization totaled $167.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Anvi Group Charitable Foundation Inc has awarded 45 individual grants totaling $610,740. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Purna Saggurti Officer | 0 | $0 | |
Shridevi Saggurti Officer | 0 | $0 | |
Vinita Saggurti Officer | 0 | $0 | |
Raghav Mattay Officer | 0 | $0 | |
Anita Saggurti Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,980,391 |
| Interest on Savings | $0 |
| Dividends & Interest | $118,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,171,548 |
| Capital Gain Net Income | $5,171,548 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,270,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,210 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,830 |
| Total operating and administrative expenses | $27,680 |
| Contributions, gifts, grants paid | $140,000 |
| Total expenses and disbursements | $167,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,236,593 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,519,050 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,755,643 |
| 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, Anvi Group Charitable Foundation Inc has awarded $610,740 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
CITY HARVEST NYC PURPOSE: UNRESTRICTED USE BY CHARITY | $30,000 |
CITY HARVEST NYC PURPOSE: UNRESTRICTED USE BY CHARITY | $30,000 |
CITY HARVEST NYC PURPOSE: UNRESTRICTED USE BY CHARITY | $30,000 |
SMITHSONIAN INSTITUTION PURPOSE: UNRESTRICTED USE BY CHARITY | $25,000 |
THE WHARTON FUND PURPOSE: UNRESTRICTED USE BY CHARITY | $25,000 |
THE WHARTON FUND PURPOSE: UNRESTRICTED USE BY CHARITY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Of The Finger Lakes Inc Rochester, NY | $32,628,122 | $49,070,844 |
Cds Life Transitions Inc Webster, NY | $27,377,961 | $42,498,217 |
Marc Lustgarten Pancreatic Cancer Foundation Woodbury, NY | $78,505,397 | $30,446,505 |
Oorah Inc Lakewood, NJ | $130,482,876 | $48,751,696 |
Childrens Home Of Bradford Pa Bradford, PA | $26,433,837 | $14,233,894 |
Inglis Foundation Philadelphia, PA | $233,825,090 | $16,920,191 |
The Watson Institute Sewickley, PA | $170,930,648 | $13,658,608 |
Kidsvoice Pennsylvania Inc Pittsburgh, PA | $7,340,747 | $6,599,088 |
Stoneridge Retirement Living Communities Inc Myerstown, PA | $4,364,446 | $5,435,180 |
The Foundation Of The Oscar And Ella Wilf Campus For Senior Living Somerset, NJ | $10,391,849 | $3,643,840 |
Sco Foundation Glen Cove, NY | $76,367,709 | $5,076,725 |
Israel Guide Dog Center For The Blind Warrington, PA | $19,631,861 | $3,082,807 |