Vijay R Sanghvi Family Foundation
- Assets
- $10.1m
- Revenue
- $281.5k
- Investments
- $9.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 10/2023
- EIN
- 46-4108329
Organization Overview
Vijay R Sanghvi Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (G32) the organization is classified as: Breast Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vijay R Sanghvi Family 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 10/2023, Vijay R Sanghvi Family Foundation generated $281.5k 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 (40.3%) each year. All expenses for the organization totaled $584.8k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vijay R Sanghvi Family Foundation has awarded 93 individual grants totaling $1,984,502. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arun Sanghvi Trustee, Treas | 1 | $0 | |
Rupal Sanghvi Trustee, Pres | 1 | $0 | |
Sejal Sanghvi Trustee, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,907 |
| Dividends & Interest | $164,608 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $64,888 |
| Capital Gain Net Income | $64,888 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,093 |
| Total Revenue | $281,496 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,940 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,523 |
| Total operating and administrative expenses | $116,823 |
| Contributions, gifts, grants paid | $468,000 |
| Total expenses and disbursements | $584,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,025,938 |
| 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 | $26,261 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,081,972 |
| 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, Vijay R Sanghvi Family Foundation has awarded $468,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL LEGAL DEFENSE FUND PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
ANIMAL WELFARE INSTITUTE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BROOKLYN BRIDGE ANIMAL WELFARE COALITION INC PURPOSE: BROOKLYN CAT CAFE FUND | $15,000 |
CATSKILL ANIMAL SANCTUARY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
CHIMP HAVEN INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
FARM SANCTUARY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chrysalis Initiative Philadelphia, PA | $5,854 | $1,184,677 |
Hope Connections For Cancer Support Inc Bethesda, MD | $6,379,225 | $1,616,274 |
Vijay R Sanghvi Family Foundation Wilmington, DE | $10,081,972 | $281,496 |
Breast Intentions Inc Middletown, NJ | $350,064 | $231,249 |
Girls Night Out Altoona Inc Duncansville, PA | $16,263 | $191,554 |
Sister2sister Inc Somerset, NJ | $638,851 | $198,227 |
412 Thrive Pittsburgh, PA | $26,212 | $175,282 |
Connect Thru Cancer West Chester, PA | $266,287 | $122,507 |
Frank And Clara Hirsch Foundation Inc Towson, MD | $380,219 | $102,746 |
Tyanna Barre Obrien Breast Cancer Foundation Inc Baltimore, MD | $109,254 | $0 |
Linked By Pink Erie, PA | $123,163 | $0 |
Centre County Breast Cancer Coalition Boalsburg, PA | $0 | $0 |
Sfk Breast Cancer Awareness Foundation Corp Red Bank, NJ | $38,330 | $0 |
His Breast Cancer Awareness Inc Margate City, NJ | $14,310 | $0 |
Pinkwellchick Foundation Inc Enola, PA | $5,218 | $300 |
Amy Feiman Behar Foundation For Cancer Prevention Inc North Brunswick, NJ | $75,651 | $71 |