Lalit K & Anubha Gupta Family Foundation Inc
- Assets
- $731.9k
- Revenue
- $85.7k
- Investments
- $634.7k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 59-3414979
Organization Overview
Lalit K & Anubha Gupta Family Foundation Inc is located in Washington, DC. The organization was established in 1997. 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. Lalit K & Anubha Gupta Family Foundation Inc 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, Lalit K & Anubha Gupta Family Foundation Inc generated $85.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $137.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lalit K & Anubha Gupta Family Foundation Inc has awarded 57 individual grants totaling $391,323. 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 |
|---|---|---|---|
Anubha Gupta Secretary | 2 | $0 | |
Lalit K Gupta President/tr | 3 | $0 | |
Arjun Gupta Director | 1 | $0 | |
Aditi Gupta Director | 1 | $0 | |
Vaani Gupta Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $64,447 |
| Capital Gain Net Income | $64,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $386 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $589 |
| Total operating and administrative expenses | $5,871 |
| Contributions, gifts, grants paid | $132,000 |
| Total expenses and disbursements | $137,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,802 |
| Savings and temporary cash investments | $66,346 |
| 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 | $634,744 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $731,892 |
| 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, Lalit K & Anubha Gupta Family Foundation Inc has awarded $127,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF STUDY OF PURPOSE: TO PROMOTE LIVER HEALTH | $55,000 |
New York, NY PURPOSE: PROMOTE ART TO LOW INCOME STUDENTS | $50,000 |
Naperville, IL PURPOSE: TO PROVIDE VISION SERVICES | $5,000 |
Oak Park, IL PURPOSE: DEVELOPMENT | $5,000 |
Bethesda, MD PURPOSE: EDUCATION OF GIRLS | $3,500 |
College Park, MD PURPOSE: DEVELOPMENT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |