Mani Charitable Foundation
- Assets
- $1.7m
- Revenue
- $68.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Clyde Hill, WA
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 91-6500144
Organization Overview
Mani Charitable Foundation is located in Clyde Hill, WA. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mani Charitable 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, Mani Charitable Foundation generated $68.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $138.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mani Charitable Foundation has awarded 132 individual grants totaling $854,054. 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 |
|---|---|---|---|
Devindra S Chainani Co-Trustee | 1 | $0 | |
Manisha Advani Co-Trustee | 1 | $0 | |
Ishaan D Chainani Co-Trustee | 0 | $0 | |
Pranav D Chainani Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $962 |
| Dividends & Interest | $61,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,604 |
| Capital Gain Net Income | $5,604 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,582 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,676 |
| Total operating and administrative expenses | $34,878 |
| Contributions, gifts, grants paid | $103,614 |
| Total expenses and disbursements | $138,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,586 |
| 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 | $1,623,863 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $447 |
| Total assets | $1,670,976 |
| 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, Mani Charitable Foundation has awarded $103,614 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: DONOR ADVISED FUND | $88,387 |
MOTLEY ZOO ANIMAL RESCUE PURPOSE: GENERAL SUPPORT | $100 |
NAMI PURPOSE: GENERAL SUPPORT | $519 |
PLEDGLING FOUNDATION PURPOSE: GRANTEE - AKSHAYA PATRA FOUNDATION USA | $5,900 |
SOCIAL AND ENVIRONMENTAL ENTREPRENEURS PURPOSE: GENERAL SUPPORT | $500 |
XPERIMENTS PURPOSE: GENERAL SUPPORT | $500 |