Aesara Foundation
- Assets
- $42.9k
- Revenue
- $96.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 02/2017
- Data as of
- 12/2021
- 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 12/2021, Aesara Foundation generated $96.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $65.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Aesara Foundation has awarded 11 individual grants totaling $105,657. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED SUPPORT AND ASSISTANCE WITH FUNDRAISING AND INSTALLATION OF SOLAR PANELS AT EMERGENCY SHELTER THAT WILL FURTHER INCREASE THE HEALTHCARE RESILIENCY OF THE COMMUNITY IN PUERTO RICO THAT IS STILL RECOVERING FROM THE EFFECTS OF HURRICANES IRMA AND MARIA
DONATIONS MADE TO SUPPORT AID ORGANIZATION DIRECTING AND PROVIDING DIRECT MEDICAL CARE, SUPPLIES, AND LOGISTICS FOR RESCUE EFFORTS FOR RESIDENTS OF HAITI IMPACTED BY LARGE EARTHQUAKE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sissi Pham President | 2 | $0 | |
Ohene Asare Vice President | 2 | $0 | |
Jen Kelley Treasurer | 2 | $0 | |
Pamela Read Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,600 |
| 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 | $96,600 |
| 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 | $3,250 |
| Total operating and administrative expenses | $8,292 |
| Contributions, gifts, grants paid | $56,937 |
| Total expenses and disbursements | $65,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,862 |
| 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 | $0 |
| Total assets | $42,862 |
| 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 $56,937 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MUNICIPO DE LOIZA PURPOSE: ASSIST IN REBUILDING TOWN AND REFURBISHING URGENT CARE CENTER FROM DAMAGE SUSTAINED DURING HURRICANE MARIA | $44,937 |
MEDSHARE PURPOSE: SUPPORT RESCUE EFFORTS FOR RESIDENTS IMPACTED BY LARGE EARTHQUAKE IN SOUTHWEST REGION OF HAITI | $10,000 |
Raleigh, NC PURPOSE: PROVIDE MEALS DURING COVID CRISIS | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aesara Foundation has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Brothers Brother Foundation Pittsburgh, PA PURPOSE: LOIZA SOLAR PROJECT | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Boys & Girls Clubs Of The Midlands Columbia, SC | $2,396,839 | $5,933,397 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Ncf Carolinas Inc Charlotte, NC | $1,465,195 | $1,454,572 |
Highlands Festivals Inc Highlands, NC | $326,105 | $1,750,969 |