Amar Foundation
- Assets
- $11.7m
- Revenue
- $56.5k
- Investments
- $6.5m
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 94-3055731
Organization Overview
Amar Foundation is located in San Jose, CA. The organization was established in 1989. 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. Amar 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, Amar Foundation generated $56.5k 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 (43.5%) each year. All expenses for the organization totaled $9.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Amar Foundation has awarded 33 individual grants totaling $80,264,913. 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 |
|---|---|---|---|
Neeru Khosla Co Mccabe Totah President | 2 | $0 | |
Vinod Khosla Co Mccabe Totah Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $56,550 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$27 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,526 |
| 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 | $5,073 |
| Total operating and administrative expenses | $65,633 |
| Contributions, gifts, grants paid | $9,029,600 |
| Total expenses and disbursements | $9,095,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,811,410 |
| 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 | $3,373,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,504,536 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2 |
| Total assets | $11,688,948 |
| 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, Amar Foundation has awarded $9,029,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CK12 FOUNDATION PURPOSE: SUPPORT FOR DEVELOPMENT AND OPERATION OF AN OPEN SOURCE EDUCATIONAL SITE WITH CONTENT IN MULTIPLE MODALITIES | $8,300,000 |
INTEGRATIVE BIOINFORMATICS INC PURPOSE: SUPPORT FOR EDUCATIONAL AND SCIENTIFIC PURPOSES, ALSO UTILIZE FUND FOR RESEARCH "IDENTIFICATION OF SWITCHES/TRAPS IN ME/CFS NITROGEN METABOLISM". | $360,000 |
SOMALOGIC INC PURPOSE: SUPPORT FOR EDUCATIONAL AND SCIENTIFIC PURPOSES. | $69,600 |
UNIVERSITY OF WURSBURG PURPOSE: SUPPORT FOR STUDY AND RESEARCH OF SARS COV-2 AND INFECTIOUS ORIGIN OF CHRONIC FATIGUE SYNDROME, AND UNDERSTANDING POTENTIAL INFECTIOUS TRIGGERS AND MITOCHONDRIAL DYSFUNCTION IN ME.CFS. | $300,000 |