Wadher Family Foundation is located in Corona, CA. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Wadher 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 12/2022, Wadher Family Foundation generated $900.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $939.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wadher Family Foundation has awarded 83 individual grants totaling $2,286,211. 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
THE FOUNDATION MAKES CONTRIBUTIONS TO PRESELECTED CHARITABLE ORGANIZATIONS. SEE PART XIV.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mahesh J Wadher President/director | 2 | $0 | |
Usha M Wadher Secretary/director | 1 | $0 | |
Sujay Wadher Cfo/director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $900,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $900,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,578 |
Total operating and administrative expenses | $2,578 |
Contributions, gifts, grants paid | $937,080 |
Total expenses and disbursements | $939,658 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $32,254 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $101 |
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 | $32,355 |
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, Wadher Family Foundation has awarded $937,080 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
GUJARATI SOCIETY OF SOUTHERN CALIFORNIA PURPOSE: GENERAL FUND | $7,660 |
JAIN CENTER OF SOUTHERN CALIFORNIA PURPOSE: GENERAL FUND | $60,502 |
JOY OF SHARING FOUNDATION PURPOSE: EMERGENCY FREE MEAL DISTRIBUTION RELIEF EFFORTS | $6,000 |
SHRIMAD RAJCHANDRA MISSION DHARAMPUR USA PURPOSE: GENERAL FUND, SHRI ATMASIDDHIJI GATHA SCHEME-DHARAMPUR, WOMEN EMPOWERMENT, GURU MANDIR-PKD PRATISHITHA, MANGAL DIVO, OFFERING TO PUJYA GURUDEVSHRI | $793,768 |
SMART VILLAGE MOVEMENT PURPOSE: GENERAL FUND | $10,000 |
UC RIVERSIDE FOUNDATION PURPOSE: SHRIMAD RAJCHANDRA FELLOWSHIP IN JAIN STUDIES FUND | $26,000 |