Chandna Family Foundation
- Assets
- $0.0
- Revenue
- $3.0m
- Investments
- $16.3m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 81-4705920
Organization Overview
Chandna Family Foundation is located in Menlo Park, CA. 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. Chandna 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.
For the year ending 12/2021, Chandna Family Foundation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Chandna Family Foundation has awarded 65 individual grants totaling $4,389,762. 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 |
|---|---|---|---|
Aarti Chandna President | 20 | $0 | |
Asheem Chandna Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,650,285 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,316 |
| Profit on Inventory Sales | $0 |
| Other Income | $140,341 |
| Total Revenue | $2,977,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $298,552 |
| Contributions, gifts, grants paid | $920,329 |
| Total expenses and disbursements | $1,218,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,780,256 |
| Other assets | $110,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chandna Family Foundation has awarded $1,333,678 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
PENINSULA BRIDGE PURPOSE: EDUCATION | $30,000 |
MENLO SCHOOL PURPOSE: EDUCATION | $10,000 |
SILICON VALLEY SOCIAL VENTURE FUND PURPOSE: COMMUNITY SUPPORT | $15,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLO PURPOSE: COMMUNITY SUPPORT | $50,000 |
MAKE IT HOME BAY AREA PURPOSE: COMMUNITY SUPPORT | $1,003 |
MAITRI PURPOSE: COMMUNITY SUPPORT | $3,000 |