Aesara Foundation
- Assets
- $205.0k
- Revenue
- $294.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-2669345
Organization Overview
Aesara Foundation is located in Durham, NC. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Aesara 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, Aesara Foundation generated $294.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $132.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Aesara Foundation has awarded 14 individual grants totaling $113,788. 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
DONATIONS MADE TO SUPPORT AID ORGANIZATION DIRECTING AND PROVIDING DIRECT CARE, SUPPLIES, AND LOGISTICS THE SUPPORT OF MARGINALIZED POPULATIONS INCLUDING COOKING AT THE COMMUNITY CO-OP IN FT MYERS, COLLECTING AND DISTRIBUTING PERSONAL PRODUCTS FOR HOMELESS TEENS IN THE CHICAGO AREA, AND RUNNING A MEAL SERVICE KITCHEN IN BOSTON.
DONATIONS MADE TO SUPPORT AID ORGANIZATION DIRECTING AND PROVIDING FURTHER RENOVATIONS TO THE EMERGENCY SHELTER IN LOIZA, PUERTO RICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Kelley Treasurer | 2 | $0 | |
Ohene Asare Vice President | 2 | $0 | |
Pamela Read Director | 2 | $0 | |
Duyen Chinh V Pham President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $294,366 |
| 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 | $294,366 |
| 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 | $98,042 |
| Total operating and administrative expenses | $100,286 |
| Contributions, gifts, grants paid | $31,916 |
| Total expenses and disbursements | $132,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,026 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,000 |
| Total assets | $205,026 |
| 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, Aesara Foundation has awarded $31,916 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MEDSHARE PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $5,173 |
CAROLINA TIGER RESCUE PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $500 |
COMMUNITY COOPERATIVE INC PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $500 |
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $500 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $1,000 |
MEDSHARE PURPOSE: TO FURTHER THE NON-PROFIT MISSION OF THE ORGANIZATION | $24,243 |