Dr Kalpesh And Dipti Patel Foundation is located in Lutz, FL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Kalpesh And Dipti Patel 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 12/2022, Dr Kalpesh And Dipti Patel Foundation generated $249.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.6% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $249,307 |
| Interest on Savings | $4 |
| 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 | $249,311 |
| 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 | $6,850 |
| Total operating and administrative expenses | $6,850 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $22,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,904 |
| 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 | $435,000 |
| 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 | $496,904 |
| 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 |
Over the last fiscal year, Dr Kalpesh And Dipti Patel Foundation has awarded $16,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AKSHAYA PATRA PURPOSE: GIFT | $5,000 |
HABITAT FOR HUMANITY PURPOSE: GIFT | $1,000 |
THE SALVATION ARMY PURPOSE: GIFT | $2,000 |
UNICEF PURPOSE: GIFT | $2,000 |
AATL PURPOSE: GIFT | $2,000 |
SEVA PURPOSE: GIFT | $2,000 |