Nem K Charitable Foundation Inc
- Assets
- $74.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 84-3226695
Organization Overview
Nem K Charitable Foundation Inc is located in New York, NY. The organization was established in 2020. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nem K 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
THE ORGANIZATION PROVIDES CHARITABLE GIVING TO LIKE MINDED ORGANIZATIONS AND SIMILAR CAUSES.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
THE ORGANIZATION PROVIDES CHARITABLE GIVING TO LIKE MINDED ORGANIZATIONS AND SIMILAR CAUSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunil Jain President | 2 | $0 | |
Sudhir Jain Secretary | 2 | $0 | |
Ankit Jain Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| 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 | $0 |
| 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 | $174 |
| Total operating and administrative expenses | $174 |
| Contributions, gifts, grants paid | $19,001 |
| Total expenses and disbursements | $19,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,690 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $74,690 |
| 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, Nem K Charitable Foundation Inc has awarded $38,002 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
Canoga Park, CA PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
Piscataway, NJ PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
Canoga Park, CA PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
New York, NY PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
Piscataway, NJ PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |
American Friends Of Shalva Israel Inc New York, NY | $2,820,532 | $9,087,461 |
Bucks County Organization For Intercultural Advancement Princeton, NJ | $220,023 | $6,461,791 |
Association For Cultural Interchange Inc New York, NY | $233,666,936 | $20,017,646 |
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NY | $1,664,185 | $5,696,760 |
Emunah Of America Inc New York, NY | $1,802,135 | $4,366,155 |
Insead Management Education Foundation New York, NY | $868,532 | $4,197,485 |
American Friends Of Genesis Jerusalem Inc Springfield, NJ | $2,180,379 | $3,666,217 |