The Nilendu And Renu Srivastava Family Foundtion
- Assets
- $4.2m
- Revenue
- $2.0m
- Investments
- $3.7m
- Employees
- 0
- Location
- Lynnfield, MA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-4679378
Organization Overview
The Nilendu And Renu Srivastava Family Foundtion is located in Lynnfield, MA. The organization was established in 2017. 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. Nilendu And Renu Srivastava Family Foundtion 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, Nilendu And Renu Srivastava Family Foundtion generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $120.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nilendu Srivastava Donor & Trustee | 1 | $0 | |
Renu Srivastava Donor & Trustee | 1 | $0 | |
Bhaskar Srivastava Trustee | 1 | $0 | |
Rachana S Suchdev Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $909,077 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,019,278 |
| Capital Gain Net Income | $1,019,278 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,935 |
| Total Revenue | $1,983,398 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $164 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101 |
| Total operating and administrative expenses | $10,943 |
| Contributions, gifts, grants paid | $110,001 |
| Total expenses and disbursements | $120,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $184,405 |
| 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 | $3,734,902 |
| Net Land, buildings, and equipment | $250,776 |
| Other assets | $0 |
| Total assets | $4,170,083 |
| 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, The Nilendu And Renu Srivastava Family Foundtion has awarded $110,001 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO OFFER PROGRAMS TO REDUCE STRESS AND DEVELOP LEADERS SO THAT HUMAN VALUES CAN FLOURISH IN PEOPLE AND COMMUNITIES | $105,000 |
HINDU TEMPLE OF NH PURPOSE: TO OFFER SERVICES AND OPPORTUNITIES TO SATISFY THE RELIGIOUS, SPIRITUAL AND CULTURAL NEEDS OF THE HINDU COMMUNITY IN THE NEW ENGLAND AREA | $5,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |