Viswanath Foundation
- Assets
- $1.1m
- Revenue
- $1.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-0341131
Organization Overview
Viswanath Foundation is located in Edison, NJ. The organization was established in 2011. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viswanath 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 12/2023, Viswanath Foundation generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $81.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Viswanath Foundation has awarded 32 individual grants totaling $544,050. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASRAYA - HELP CANCER PATIENTS.
JEEVANA - SUPPORTS POOR CHILDREN FOR EDUCATION BASED IN INDIA.
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 |
|---|---|---|---|
Jayachandran Nair President | 4 | $0 | |
Roshni Nair Vp/treasurer | 2 | $0 | |
Sanjay Vidyadharan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$100 |
| Total operating and administrative expenses | $1,025 |
| Contributions, gifts, grants paid | $80,300 |
| Total expenses and disbursements | $81,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,848 |
| Savings and temporary cash investments | $771,171 |
| 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 | $1,116,019 |
| 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, Viswanath Foundation has awarded $80,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ASRAYA VOLUNTEER ORG PURPOSE: HELPING CANCER PATIENTS | $80,000 |
JEEVANA PURPOSE: SUPPORT POOR CHILDREN FOR EDUCATION | $300 |