Arsr Charitable Foundation Inc
- Assets
- $4.6m
- Revenue
- $4.1m
- Investments
- $4.5m
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-2624382
Organization Overview
Arsr Charitable Foundation Inc is located in Cupertino, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Arsr 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.
For the year ending 12/2022, Arsr Charitable Foundation Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.7% each year . All expenses for the organization totaled $239.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES CONTRIBUTIONS TO PRE-SELECTED CHARITIES THAT CATER TO EDUCATION AND HEALTH CARE OF UNDERPRIVILEGED CHILDREN AND ADULTS, PARTICULARLY THOSE IN INDIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shankar Krishnan President Executive Director | 5 | $21,000 | |
Subha Shree Ramesh Vice President, Treasurer | 1 | $0 | |
Ragu Raghupathi Chairman Of The Board | 1 | $6,000 | |
Shanthi Vaidyanathan Director, Internal Auditor | 1 | $6,000 | |
Murali Ramachandran Secretary | 1 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,025,000 |
| Interest on Savings | $133 |
| Dividends & Interest | $117,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,281 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,128,552 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,605 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,902 |
| Printing and publications | $0 |
| Other expenses | $1,878 |
| Total operating and administrative expenses | $80,427 |
| Contributions, gifts, grants paid | $159,400 |
| Total expenses and disbursements | $239,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,832 |
| Savings and temporary cash investments | $40,623 |
| 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 | $4,501,062 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,599,517 |
| 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, Arsr Charitable Foundation Inc has awarded $159,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SANKARA NETHRALAYA USA PURPOSE: EDUCATIONAL PURPOSES | $25,000 |
BHUVANA FOUNDATION PURPOSE: EDUCATIONAL PURPOSES | $25,000 |
HEADING AVENUE FRANCISCANS PURPOSE: EDUCATIONAL PURPOSES | $6,000 |
SADGURU SRI GNANANANDA SEVA TRUST PURPOSE: EDUCATIONAL PURPOSES | $7,500 |
INDIA DEVELOPMENT AND RELIEF FUND PURPOSE: EDUCATIONAL PURPOSES | $95,900 |