Katarya Family Foundation
- Assets
- $1.7m
- Revenue
- $953.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3952969
Organization Overview
Katarya Family Foundation is located in Atlanta, GA. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katarya Family Foundation 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, Katarya Family Foundation generated $953.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.9%) each year.
Since 2020, Katarya Family Foundation has awarded 22 individual grants totaling $619,853. 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 |
|---|---|---|---|
Anil Katarya Trustee | 0.5 | $0 | |
Suja Katarya Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $866,047 |
| Interest on Savings | $13 |
| Dividends & Interest | $33,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,075 |
| Capital Gain Net Income | $53,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $100 |
| Total Revenue | $953,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,042 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $3,044 |
| Contributions, gifts, grants paid | $169,501 |
| Total expenses and disbursements | $172,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,311 |
| 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 | $91,058 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,656,132 |
| 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, Katarya Family Foundation has awarded $324,851 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE CHARITIES PURPOSE: GENERAL FUND | $100,000 |
ABLE CHARITIES PURPOSE: GENERAL FUND | $50,000 |
MA CENTER PURPOSE: GENERAL FUND | $51,000 |
SANATAN MANDIR PURPOSE: GENERAL FUND | $5,001 |
WESTMINSTER SCHOOLS PURPOSE: GENERAL FUND | $5,000 |
NOBILITY IN ACTION PURPOSE: GENERAL FUND | $100,000 |