Rana Family Foundation Inc
- Assets
- $23.4k
- Revenue
- $23.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings Hdsn, NY
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-3883588
Organization Overview
Rana Family Foundation Inc is located in Hastings Hdsn, NY. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Rana Family 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, Rana Family Foundation Inc generated $23.2k 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 (16.2%) each year. All expenses for the organization totaled $70.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rana Family Foundation Inc has awarded 74 individual grants totaling $181,276. 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 |
|---|---|---|---|
Thakor C Rana President | 0 | $0 | |
Usha T Rana Vice-Preside | 0 | $0 | |
Abhay Rana Secretary | 0 | $0 | |
Akshya Rana Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,202 |
| 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 | $23,202 |
| 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 | $4,831 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $125 |
| Total operating and administrative expenses | $4,956 |
| Contributions, gifts, grants paid | $65,384 |
| Total expenses and disbursements | $70,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,542 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,883 |
| Other assets | $0 |
| Total assets | $23,425 |
| 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, Rana Family Foundation Inc has awarded $65,384 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
PURVI RANA PURPOSE: CHARITABLE PURPOSE | $5,000 |
JAYESH C RANA PURPOSE: CHARITABLE PURPOSE | $10,000 |
ARSHA VIDYA PITHAM PURPOSE: CHARITABLE PURPOSE | $500 |
AVINASH AGARWAL FOUNDATION PURPOSE: CHARITABLE PURPOSE | $1,000 |
BAPS PURPOSE: CHARITABLE PURPOSE | $1,101 |
BHUPENDRA A KAPADIA MD PURPOSE: CHARITABLE PURPOSE | $2,000 |