Kalhan Foundation
- Assets
- $156.9k
- Revenue
- $9.2k
- Investments
- $152.8k
- Employees
- 0
- Location
- Pepper Pike, OH
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 31-1550279
Organization Overview
Kalhan Foundation is located in Pepper Pike, OH. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalhan 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, Kalhan Foundation generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Satish Kalhan Trustee | 2 | $0 | |
Santosh Kalhan Trustee | 1 | $0 | |
Anil Kalhan Trustee | 0.5 | $0 | |
Ravi Kalhan Trustee | 0.5 | $0 | |
Susan Tsai Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,497 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,670 |
| Capital Gain Net Income | $1,537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $371 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $371 |
| Contributions, gifts, grants paid | $27,480 |
| Total expenses and disbursements | $27,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,090 |
| 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 | $156,925 |
| 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, Kalhan Foundation has awarded $27,480 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL PARK CONS ASSOCIATION PURPOSE: CHARITY | $100 |
TOGETHER WOMEN RISE PURPOSE: CHARITABLE | $240 |
WCPN PURPOSE: CHARITY | $70 |
SAVE THE CHILDREN PURPOSE: CHARITABLE | $1,050 |
PEPPER PIKE CIVIC LEAGUE PURPOSE: CHARITABLE | $20 |
NORTH PARK ELEMENTARY SCHOOL PURPOSE: DIVERSITY PROGRAM | $25,000 |