Foundation For Excellence Inc

Organization Overview

Foundation For Excellence Inc is located in Sunnyvale, CA. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Excellence 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 03/2021, Foundation For Excellence Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.0m during the year ending 03/2021. While expenses have increased by 5.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING ABOUT A TRANFORMATION IN THE LIVES OF BRILLIANT BUT FINACIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINACIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINACIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Sarosh D Kumana
Board Member
$0
Sanjaya Kumar
Board Member
$0
Ramesh Yadava
Secretary
$0
Minoo Gupta
President
$0
Sudha Kidao
Board Member
$0
Bipin Shah
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,966,372
Noncash contributions included in lines 1a–1f $165,834
Total Revenue from Contributions, Gifts, Grants & Similar$1,966,372
Total Program Service Revenue$0
Investment income $30,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,996,693

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foundation For Excellence Inc has recieved totaling $5,600.

Awarding OrganizationAmount
Amit & Deepali Sinha Foundation

Wilmington, DE

PURPOSE: TO SUPPORT 2 FFE SCHOLARS FOR ENGINEERING

$5,600
View Grant Recipient Profile

Peer Organizations

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