Allan & Lalita Charitable Foundation
- Assets
- $3.5m
- Revenue
- $334.4k
- Investments
- $3.5m
- Employees
- 0
- Location
- San Marino, CA
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3865778
Organization Overview
Allan & Lalita Charitable Foundation is located in San Marino, CA. The organization was established in 2009. 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. Allan & Lalita 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 12/2021, Allan & Lalita Charitable Foundation generated $334.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $176.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Allan & Lalita Charitable Foundation has awarded 76 individual grants totaling $633,466. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTALLATION OF OVER 5 SEPARATE SOLAR SYSTEMS FOR CATHOLIC INSTITUTIONS
COVID RELIEF
EDUCATION.
HOMELESS SHELTER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Shenoi President | 10 | $0 | |
Lalita Shenoi Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $181,541 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $152,772 |
| Capital Gain Net Income | $152,772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $334,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,988 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,988 |
| Contributions, gifts, grants paid | $174,213 |
| Total expenses and disbursements | $176,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $3,542,639 |
| 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, Allan & Lalita Charitable Foundation has awarded $174,213 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
SEVA KENDRA CALCUTTA PURPOSE: SOLAR PROJECTS FOR JESUIT HIGH SCHOOL IN RAICHUR MANVI PANNUR | $26,277 |
Laguna Beach, CA PURPOSE: HOMELESS STREET OUTREACH PRO | $25,000 |
CALCUTTA SOCIETY FOR ENCOURAGEMENT PURPOSE: REMODEL OF VICAR'S RESIDENCE | $11,932 |
NORTH KARNATAKA JESUIT EDUCATION SO PURPOSE: COVID FOR 13 STUDENTS AND BUILD ONE HOME FOR SIDDI WIDOW | $11,030 |
ST PHILIP THE APOSTLE CATHOLIC CHUR PURPOSE: CHURCH ACTIVITIES | $10,000 |
NOTRE DAME UNIVERSITY PURPOSE: DONATION TO FOUNDATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |