Dinesh And Kalpana Patel Foundation
- Assets
- $102.1k
- Revenue
- $248.5k
- Investments
- $59.2k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 87-0532423
Organization Overview
Dinesh And Kalpana Patel Foundation is located in Salt Lake City, UT. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dinesh And Kalpana 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 12/2021, Dinesh And Kalpana Patel Foundation generated $248.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $175.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dinesh And Kalpana Patel Foundation has awarded 144 individual grants totaling $685,713. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kalpana D Patel Trustee | 1 | $0 | |
Dinesh C Patel Trustee | 1 | $0 | |
Kiran C Patel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $228,506 |
| Interest on Savings | $0 |
| Dividends & Interest | $52 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,532 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,458 |
| Total Revenue | $248,484 |
| 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 | $36,932 |
| Total operating and administrative expenses | $41,401 |
| Contributions, gifts, grants paid | $133,880 |
| Total expenses and disbursements | $175,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,831 |
| 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 | $102,077 |
| 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, Dinesh And Kalpana Patel Foundation has awarded $121,738 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
NEDMED PURPOSE: FOOTNOTE 1 | $33,000 |
HUNTSMAN CANCER FOUNDATION PURPOSE: FOOTNOTE 1 | $28,000 |
UTAH YOUTH VILLAGE PURPOSE: FOOTNOTE 1 | $10,000 |
Logan, UT PURPOSE: FOOTNOTE 1 | $10,000 |
SHRIDI SAI TEMPLE OF UTAH PURPOSE: FOOTNOTE 1 | $5,000 |
U OF U UTAH PRESENTS PURPOSE: FOOTNOTE 1 | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Skip Viragh Foundation Inc Reno, NV | $289,471,217 | $23,635,241 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |