Dr Kirti Jain Family Foundation Inc
- Assets
- $10.5m
- Revenue
- $515.7k
- Investments
- $7.8m
- Employees
- 0
- Location
- Ashland, KY
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 20-1729881
Organization Overview
Dr Kirti Jain Family Foundation Inc is located in Ashland, KY. The organization was established in 2005. 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. Dr Kirti Jain Family 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 12/2021, Dr Kirti Jain Family Foundation Inc generated $515.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $522.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asha Jain Secretary | 0 | $0 | |
Anshu Jain Director | 0 | $0 | |
Kirti Jain President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,173 |
| Dividends & Interest | $273,074 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $228,024 |
| Capital Gain Net Income | $200,895 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,393 |
| Total Revenue | $515,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,006 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $420 |
| Total operating and administrative expenses | $22,426 |
| Contributions, gifts, grants paid | $500,317 |
| Total expenses and disbursements | $522,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,745,418 |
| 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 | $10,513,794 |
| 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 | $343,122 |
| Total liabilities | $343,122 |
Grants Awarded
Over the last fiscal year, Dr Kirti Jain Family Foundation Inc has awarded $20,460 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Oak Brook, IL PURPOSE: FOR MEDICAL RESEARCH | $10,000 |
Rye Brook, NY PURPOSE: FOR MEDICAL RESEARCH | $5,000 |
RICE UNIVERSITY PURPOSE: FOR JAIN STUDIES | $2,000 |
HIGHLAND MUSEUM & DISCOVERY CENTER PURPOSE: FOR FURTHER RESEARCH | $1,500 |
INDO AMERICAN CANCER ASSOCIATION PURPOSE: FOR RESEARCH | $1,000 |
TRISTATE INDIA ASSOCIATION PURPOSE: FOR CELEBRATION OF HINDU FESTIVALS | $660 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |