Gupta Foundation is located in Springfield, VA. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 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, Gupta Foundation generated $64.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $56.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gupta Foundation has awarded 30 individual grants totaling $249,050. 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
CONTRIBUTION MADE TO SANATAN DHARAM KUMAR SABHA
CONTRIBUTION MADE TO BAL SADAN
CONTRIBUTION TO NATIONAL ASSOCIATION FOR THE BLIND
CONTRIBUTION TO AMERICAN COUNCIL OF BLIND
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajiv Gupta President & Director | 0 | $0 | |
Vijay Gupta Vice-President & Director | 0 | $0 | |
Shivany Gupta Secretary & Director | 0 | $0 | |
Joan Gupta Treasurer & Director | 0 | $0 | |
Vinod K Wadhwa Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,256 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,605 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,775 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $201 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $786 |
| Contributions, gifts, grants paid | $56,000 |
| Total expenses and disbursements | $56,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,741 |
| 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 | $46,644 |
| 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, Gupta Foundation has awarded $56,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SANATAN DHARAM KUMAR SABHA PURPOSE: OPERATING EXPENSES OF ENTITY | $30,000 |
BAL SADAN ASSOCIATION PURPOSE: PROVIDE CLOTHING & SCHOOL SUPPLIES TO ORPHANS | $17,500 |
NATIONAL ASSOCIATION FOR THE BLIND PURPOSE: OPERATING EXPENSES OF ENTITY | $7,500 |
AMERICAN COUNCIL OF THE BLIND PURPOSE: OPERATING EXPENSES OF ENTITY | $1,000 |