Avinash Raina Foundation
- Assets
- $466.2k
- Revenue
- $70.9k
- Investments
- $390.0k
- Employees
- 0
- Location
- Stockton, CA
- Founding
- 01/2010
- Data as of
- 12/2022
- EIN
- 27-0885376
Organization Overview
Avinash Raina Foundation is located in Stockton, CA. The organization was established in 2010. 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. Avinash Raina 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, Avinash Raina Foundation generated $70.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $12.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Avinash Raina Foundation has awarded 27 individual grants totaling $223,879. 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 |
|---|---|---|---|
Vimla Dharawat President/director | 1 | $0 | |
Girja Raina Secretary-Treasurer/direct | 1 | $0 | |
Kalinda Raina Vice President/director | 1 | $0 | |
Shredha Solanki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $35 |
| Dividends & Interest | $20,815 |
| 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 | $70,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $194 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $1,189 |
| Contributions, gifts, grants paid | $11,479 |
| Total expenses and disbursements | $12,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,117 |
| 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 | $139,308 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $466,154 |
| 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, Avinash Raina Foundation has awarded $11,479 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAMARPAN FOUNDATION PURPOSE: PROVIDE EDUCATION,FOOD AND HEALTH CARE FOR POOR CHILDREN IN THE SHASTIE PARK SLUMS OF DELHI | $2,000 |
ST MARY'S INTERFAITH COMMUNITY SERVICES PURPOSE: PROVIDE MEALS FOR THE HOMELESS | $9,059 |
HOME CHURCH PURPOSE: MINISTRY SUPPORT | $420 |