Thakur Family Foundation Inc
- Assets
- $997.3k
- Revenue
- $449.3k
- Investments
- $923.7k
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 83-1198429
Organization Overview
Thakur Family Foundation Inc is located in St Petersburg, FL. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thakur Family Foundation Inc 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, Thakur Family Foundation Inc generated $449.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Thakur Family Foundation Inc has awarded 158 individual grants totaling $1,432,188. 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 |
|---|---|---|---|
Dinesh S Thakur Director | 35 | $0 | |
Prashant Reddy Director | 12 | $0 | |
Dinesh Kasthuril Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $106,944 |
| Interest on Savings | $8,321 |
| Dividends & Interest | $4,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $329,651 |
| Capital Gain Net Income | $329,651 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $449,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,271 |
| Printing and publications | $0 |
| Other expenses | $43,099 |
| Total operating and administrative expenses | $120,114 |
| Contributions, gifts, grants paid | $964,877 |
| Total expenses and disbursements | $1,084,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $73,576 |
| 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 | $997,316 |
| 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, Thakur Family Foundation Inc has awarded $964,877 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL FOUNDATION FOR RESEARCH AND EDUCATION PURPOSE: SCHOLARSHIP RECIPIENT | $300,000 |
NATIONAL LAW SCHOOL OF INDIA UNIVERSITY PURPOSE: GRANT RECIPIENT - CIVIL LIBERTIES | $52,088 |
ERASMUS UNIVERSITY PURPOSE: GRANT RECIPIENT - PUBLIC HEALTH | $39,997 |
SUMAIYA SHAIKH PURPOSE: GRANT RECIPIENT - PUBLIC HEALTH | $35,260 |
CENTRE FOR BUDGET AND POLICY PURPOSE: GRANT RECIPIENT - PUBLIC HEALTH | $30,832 |
INDIAN INSTITUTE OF HEALTH MANAGEMENT & RESEARCH PURPOSE: GRANT RECIPIENT - PUBLIC HEALTH | $29,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
St2 Foundation Inc Sunny Isles Beach, FL | $11,092,190 | $2,139,284 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |