Gupta Family Foundation
- Assets
- $462.7k
- Revenue
- $15.2k
- Investments
- $479.6k
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 12/2009
- Data as of
- 06/2022
- EIN
- 27-0980284
Organization Overview
Gupta Family Foundation is located in Johnston, RI. The organization was established in 2009. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gupta Family 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 06/2022, Gupta Family Foundation generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $37.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Gupta Family Foundation has awarded 26 individual grants totaling $184,500. 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 |
|---|---|---|---|
Citizens Bank N A Agent For Trustee | 1 | $3,416 | |
Renu Gupta Director | 1 | $0 | |
Kedar Gupta Director | 1 | $0 | |
Ritu Gupta Ullal Director | 1 | $0 | |
Rohit Gupta Director | 1 | $0 | |
Saurabh Ullal Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,815 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,430 |
| Capital Gain Net Income | $1,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,416 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,814 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $7,454 |
| Contributions, gifts, grants paid | $30,250 |
| Total expenses and disbursements | $37,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$16,887 |
| 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 | $479,555 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $462,668 |
| 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, Gupta Family Foundation has awarded $30,250 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: TEAM TORTUGA, ANUSKA ULLAL | $5,000 |
BRIDGES DOMESTIC & SEXUAL VIOLENCE PURPOSE: UNRESTRICTED GIFT | $5,000 |
Houston, TX PURPOSE: UNRESTRICTED GIFT | $5,000 |
Nashua, NH PURPOSE: UNRESTRICTED GIFT | $3,500 |
VISION-AID INC PURPOSE: UNRESTRICTED GIFT | $2,500 |
Houston, TX PURPOSE: COVID-19 RELIEF | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ronald Mcdonald House Charities Of New England Inc Providence, RI | $13,354,582 | $3,524,110 |
Meredith And Whitney George Family Foundation Inc Darien, CT | $42,895,388 | $5,882,400 |
Roberta And Stephen R Weiner Family Foundation Boston, MA | $91 | $1,659,524 |
Fels Family Foundation Worcester, MA | $22,625,380 | $1,781,674 |
Cadmus Life Sharing Association Inc Great Barrington, MA | $381,215 | $1,271,718 |
Womens Fund Of Western Massachusetts Springfield, MA | $3,662,382 | $808,253 |
Keystone Group Middletown, RI | $0 | $571,664 |
Friends Of Matenwa Inc Cambridge, MA | $1,411,488 | $967,436 |
A Global Chorus Foundation Wellesley, MA | $32,966,979 | $507,083 |
437 Essex Inc Beverly, MA | $4,399,371 | $786,160 |
Empower Her Network Inc New London, CT | $467,652 | $731,997 |
Glen Doherty Memorial Foundation Inc Marblehead, MA | $2,274,047 | $365,135 |