Madavi And Gaugarin Oliver Foundation
- Assets
- $331.6k
- Revenue
- $17.5k
- Investments
- $318.9k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-1551696
Organization Overview
Madavi And Gaugarin Oliver Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madavi And Gaugarin Oliver 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, Madavi And Gaugarin Oliver Foundation generated $17.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $47.0k during the year ending 12/2022. While expenses have increased by 18.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Gaugarin Oliver Pres, Dir, Sec | 1 | $0 | |
Madavi Oliver Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $9,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,561 |
| Capital Gain Net Income | $7,561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,115 |
| Total operating and administrative expenses | $8,982 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $46,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,679 |
| 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 | $331,580 |
| 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, Madavi And Gaugarin Oliver Foundation has awarded $38,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AKSHAYA PATRA FOUNDATION USA PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
BROOKE SCHOOL FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
DESAI FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CHURCH OF SOUTH INDIA CONGREGATION OF NEW ENGLAND PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
EKAL VIDYALAYA FOUNDATION OF USA INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
FLARE EDUCATION PURPOSE: GENERAL & UNRESTRICTED | $15,000 |