Bansal Foundation

Organization Overview

Bansal Foundation is located in Mclean, VA. The organization was established in 1999. 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. Bansal 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 12/2021, Bansal Foundation generated $422.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $650.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Bansal Foundation has awarded 31 individual grants totaling $3,081,561. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $6
Dividends & Interest $119,835
Net Rental Income$0
Net Gain on Sale of Assets $302,281
Capital Gain Net Income $302,281
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $422,122

Grants Awarded

Over the last fiscal year, Bansal Foundation has awarded $581,500 in support to 2 organizations.

Grant RecipientAmount

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

PURPOSE: SUPPORT OF SEC. 501(C)(3) ORGANIZATION

$580,000

FOUNDATION FOR FIGHTING BLINDNESS

PURPOSE: SUPPORT OF SEC. 501(C)(3) ORGANIZATION

$1,500
View Grant Profile

Peer Organizations

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