Prashant H Fadia Foundation Inc
- Assets
- $156.1k
- Revenue
- -$3.4k
- Investments
- $138.1k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/1999
- Data as of
- 12/2023
- EIN
- 22-3593932
Organization Overview
Prashant H Fadia Foundation Inc is located in Houston, TX. The organization was established in 1999. 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. Prashant H Fadia 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saluni P Fadia President, Treasurer | 0 | $0 | |
Usha L Doshi Clerk | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/21 | $1,142 |
Sullivan Bille Pc | 12/30/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $4,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,908 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,450 |
| 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 | $1 |
| Total operating and administrative expenses | $646 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $90,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,934 |
| 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 | $156,058 |
| 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 | $1,093 |
| Total liabilities | $1,093 |
Grants Awarded
Over the last fiscal year, Prashant H Fadia Foundation Inc has awarded $18,372 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KOTHARI CHARITABLE TRUST PURPOSE: GENERAL | $2,286 |
ISKCON FOUNDATION MUMBAI 2018 PURPOSE: GENERAL | $1,800 |
VICTORIA MEMORIAL SCHOOL FOR THE BLIND PURPOSE: EDUCATION | $14,286 |