Pillay Foundation Inc
- Assets
- $156.4k
- Revenue
- $1.2k
- Investments
- $153.8k
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 30-0117203
Organization Overview
Pillay Foundation Inc is located in Arlington, VA. The organization was established in 2002. 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. Pillay 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.
For the year ending 12/2022, Pillay Foundation Inc generated $1.2k 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 (42.0%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
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 |
|---|---|---|---|
Mohan Pillay President | 5 | $0 | |
Jaya Pillay Vice President | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $1,175 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62 |
| Capital Gain Net Income | $62 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $391 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $513 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $403 |
| Total operating and administrative expenses | $1,307 |
| Contributions, gifts, grants paid | $18,021 |
| Total expenses and disbursements | $19,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,578 |
| 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 | $156,371 |
| 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, Pillay Foundation Inc has awarded $18,021 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
GOVT GIRLS HIGHER SECONDARY SCHOOL PURPOSE: SCHOLARSHIP TO PURSUE COLLEGE EDUCATION | $2,162 |
SMSN VOCATIONAL H SECONDARY SCHOOL PURPOSE: TO PURSUE COLLEGE EDUCATION AFTER HIGHER SECONDARY SCHOOL EDUCATION | $1,537 |
SMSN HIGHER SECONDARY SCHOOL PURPOSE: TO PURSUE COLLEGE EDUCATION AFTER HIGHER SECONDARY SCHOOL EDUCATION | $2,267 |
ST L TERESA GIRLS HS SCHOOL PURPOSE: TO PURSUE COLLEGE EDUCATION AFTER HIGHER SECONDARY SCHOOL EDUCATION | $990 |
GOVT BOYS HIGHER SECONDARY SCHOOL PURPOSE: TO PURSUE COLLEGE EDUCATION AFTER HIGHER SECONDARY SCHOOL EDUCATION | $261 |
GOVT DV HS SCHOOL PURPOSE: TO PURSUE COLLEGE EDUCATION AFTER HIGHER SECONDARY SCHOOL EDUCATION | $2,475 |