Shanu And Padmaja Kondamuri Foundation Inc
- Assets
- $119.4k
- Revenue
- $100.0k
- Investments
- $75.0k
- Employees
- 0
- Location
- Dyer, IN
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-2941696
Organization Overview
Shanu And Padmaja Kondamuri Foundation Inc is located in Dyer, IN. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Shanu And Padmaja Kondamuri 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, Shanu And Padmaja Kondamuri Foundation Inc generated $100.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.9% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO VARIOUS INDIVIDUALS AND CHARITABLE ORGANIZATIONS FOR EDUCATION AND RELIGIOUS PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shanu Kondamuri President | 0 | $0 | |
Padmaja Kondamuri Secretary | 0 | $0 | |
Neil Kondamuri Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $100,000 |
| 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 | $5,412 |
| Total operating and administrative expenses | $5,412 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,389 |
| 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 | $75,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $119,389 |
| 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, Shanu And Padmaja Kondamuri Foundation Inc has awarded $7,731 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHINAMAYA MISSION PURPOSE: DONATION | $2,001 |
INDIAN MEDICAL ASSOCIATION PURPOSE: DONATIONS | $501 |
AMERICAN HEART ASSOCIATION PURPOSE: DONATION | $15 |
LUNGEVITY TEAM PURPOSE: DONATIONS | $251 |
ABILITIES WITHOUT BOUNDARIES PURPOSE: DONATION | $501 |
SHIVA VISHNU TEMPLE PURPOSE: DONATION | $15 |