Raj Fam Private Foundation Tr is located in Princeton, NJ. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Raj Fam Private Foundation Tr 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, Raj Fam Private Foundation Tr generated $414.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Raj Fam Private Foundation Tr has awarded 138 individual grants totaling $3,361,613. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Neera Raj President  | 15 | $0 | |
Deepak Raj Vice President  | 15 | $100,000 | |
Pooja Raj Director  | 15 | $37,800 | |
Vikas Raj Director  | 15 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $566,000 | 
| Interest on Savings | $3,409 | 
| Dividends & Interest | $134,722 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$316,945 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $27,061 | 
| Total Revenue | $414,247 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $137,800 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $3,169 | 
| Printing and publications | $0 | 
| Other expenses | $16,240 | 
| Total operating and administrative expenses | $159,709 | 
| Contributions, gifts, grants paid | $851,975 | 
| Total expenses and disbursements | $1,011,684 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,362,967 | 
| 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 | $2,714,477 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $1,246,835 | 
| Total assets | $8,219,561 | 
| 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 | 
Over the last fiscal year, Raj Fam Private Foundation Tr has awarded $851,975 in support to 23 organizations.
| Grant Recipient | Amount | 
|---|---|
AMERICAN INDIAN FOUNDATION PURPOSE: THE AMERICAN INDIA FOUNDATION AIF IS COMMITTED TO IMPROVING THE LIVES OF INDIA S UNDERPRIVILEGED WITH A SPECIAL FOCUS ON WOMEN, CHILDREN, AND YOUTH  | $10,000 | 
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: CURE LEUKEMIA, LYMPHOMA, HODGKINS DISEASE AND MYELOMA, AND IMPROVE THE QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES  | $15 | 
BAPTIST HEALTH FOUNDATION PURPOSE: THE MISSION OF BAPTIST HEALTH FOUNDATION IS TO INSPIRE PHILANTHROPY AND BUILD EXTRAORDINARY DONOR RELATIONSHIPS IN SUPPORT OF EXCELLENCE, INNOVATION, COMMUNITY WELLNESS AND GLOBAL LEADERSHIP IN HEALTHCARE  | $2,000 | 
INDIASPORA PURPOSE: TO INSPIRE THE INDIAN DIASPORA TO BE A FORCE FOR GOOD BY PROVIDING A PLATFORM TO COLLABORATE AND BUILD COMMUNITY ENGAGEMENT, AND CATALYZE SOCIAL CHANGE  | $59,000 | 
INDO-AMERICAN ARTS COUNCIL PURPOSE: IS A 501C3 NOT-FOR-PROFIT ARTS ORGANIZATION PASSIONATELY DEDICATED TO PROMOTING, SHOWCASING AND BUILDING AN AWARENESS OF ARTS AND ARTISTS OF ASIAN INDIAN HERITAGE.  | $5,000 | 
MCCARTER THEATER PURPOSE: MCCARTERS MISSION IS TO CREATE STORIES AND EXPERIENCES THAT ENLIVEN MINDS, EXPAND IMAGINATIONS AND ENGAGE COMMUNITIES VIA PERFORMING ARTS  | $1,500 |