Worah Family Foundation
- Assets
- $7.0m
- Revenue
- $458.2k
- Investments
- $6.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 81-4548661
Organization Overview
Worah Family Foundation is located in Wilmington, DE. The organization was established in 2018. 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. Worah Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Worah Family Foundation has awarded 84 individual grants totaling $2,319,400. 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 |
|---|---|---|---|
Anupama Worah Dir, Sec, VP | 5 | $0 | |
Mihir P Worah Dir, Pres, Treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,019 |
| Dividends & Interest | $32,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $273,307 |
| Capital Gain Net Income | $273,308 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $150,098 |
| Total Revenue | $458,231 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $28,601 |
| Printing and publications | $0 |
| Other expenses | $73,948 |
| Total operating and administrative expenses | $112,776 |
| Contributions, gifts, grants paid | $606,500 |
| Total expenses and disbursements | $719,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $285,439 |
| Net Accounts receivable | $27,464 |
| 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 | $5,855,413 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,994,029 |
| 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, Worah Family Foundation has awarded $606,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHINMAYA MISSION LOS ANGELES PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
EKTAA CENTER PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
DHWANI ACADEMY OF PERCUSSION MUSIC IN THE UNITED S PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
FRIENDS OF SAN JACINTO MOUNTAIN COUNTY PARKS PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
ILLUMINATION FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
LAFAYETTE COLLEGE PURPOSE: PHYSICS DEPARTMENT | $10,000 |