Vansi Family Charitable Foundation Inc is located in Decatur, GA. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vansi Family 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MANY FAMILIES DO NOT HAVE ACCESS TO THE NEIGHBORHOOD, EDUCATION, AND FINANCIAL RESOURCES USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY. VANSI FAMILY CHARITABLE FOUNDATION WAS CREATED TO PROVIDE FUNDING TO INFORM LOW-INCOME FAMILIES OF AVAILABLE RESOURCES AND TO PROVIDE ACCESS TO THOSE RESOURCES. THE RESOURCES WILL INCLUDE BUT ARE NOT LIMITED TO COUNSELING IN AREAS SUCH AS MENTAL HEALTH, CAREER DEVELOPMENT, SINGLE PARENTING, AND SOCIAL ADJUSTMENT AND PROGRAMS PROMOTING EDUCATION, JOB TRAINING, HEALTHCARE, AND OTHER SOCIAL NEEDS.THE APPLICANT WILL AGGREGATE RESOURCES FROM THE VANSI FAMILY AND OTHERS TO SUPPORT CHARITABLE ORGANIZATIONS FULFILLING ITS PURPOSE. INITIALLY, THERE WILL BE NO EMPLOYEES AND DECISIONS REGARDING FUNDING WILL BE MADE BY THE BOARD OF DIRECTORS. FUNDING PERMITTING, THE APPLICANT MAY EMPLOY AN EXECUTIVE DIRECTOR TO MANAGE ITS RESOURCES.VANSI FAMILY CHARITABLE FOUNDATION DOES NOT FUNDRAISE FOR ANY SPECIFIC ORGANIZATION AND IS NOT ORGANIZED SOLELY TO CONTRIBU
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TERM CHARITABLE IS DEFINED IN SECTION 1.501(C)(3)-1(D)(2) TO INCLUDE RELIEF OF THE POOR AND DISTRESSED OR OF THE UNDERPRIVILEGED, COMBATING NEIGHBORHOOD DETERIORATION AND THE PROMOTION OF SOCIAL WELFARE BY ORGANIZATIONS DESIGNED TO ACCOMPLISH THESE PURPOSES. THE PURPOSE AND MEANS OF ACCOMPLISHING THE PURPOSE OF THE VANSI FAMILY CHARITABLE FOUNDATION SET FORTH ABOVE MEET THE DEFINITION OF CHARITABLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ayaz Ali Trustee | Trustee | 0 | $0 |
Anisa Ali Executive Dir. | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $301,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $301,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $301,000 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $90,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $211,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $211,000 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $211,000 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $211,000 |