Rana Family Foundation Inc
- Assets
- $70.6k
- Revenue
- $86.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings Hdsn, NY
- Founding
- 04/2019
- Data as of
- 12/2021
- 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 12/2021, Rana Family Foundation Inc generated $86.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $87.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rana Family Foundation Inc has awarded 52 individual grants totaling $115,892. 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 |
|---|---|---|---|
Usha T Rana Vice-Preside | 0 | $0 | |
Thakor C Rana President | 0 | $0 | |
Abhay Rana Secretary | 0 | $0 | |
Akshya Rana Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $86,703 |
| 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 | $86,703 |
| 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 | $18,200 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $164 |
| Total operating and administrative expenses | $18,364 |
| Contributions, gifts, grants paid | $69,069 |
| Total expenses and disbursements | $87,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,849 |
| 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 | $12,714 |
| Other assets | $0 |
| Total assets | $70,563 |
| 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 $69,069 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
THE IMAMSHAH BAWA ROZA SANSTHAN PURPOSE: CHARITABLE PURPOSE | $15,101 |
JAYESH C RANA PURPOSE: CHARITABLE PURPOSE | $15,000 |
KHAMBHAT FOR BALESHA BAVA SANSHTA PURPOSE: CHARITABLE PURPOSE | $10,000 |
BHUPENDRA A KAPADIA MD PURPOSE: CHARITABLE PURPOSE | $5,801 |
CHANDNI KAPADIA PURPOSE: CHARITABLE PURPOSE | $5,000 |
PURI RANA PURPOSE: CHARITABLE PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Research Collections And Preservation Consortium Inc Princeton, NJ | $56,454,726 | $4,069,858 |
Mccarton Foundation For Developmental Disabilities Inc Bronx, NY | $2,852,729 | $6,603,484 |