Seshan Family Foundation Ltd
- Assets
- $365.0
- Revenue
- $24.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ossining, NY
- Founding
- Data as of
- 12/2020
- EIN
- 83-1470298
Organization Overview
Seshan Family Foundation Ltd, operating under the name Geneurosity, is located in Ossining, NY. Geneurosity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
DESCRIPTION OF ORGANIZATION MISSION: OUR MISSION EVERY SINGLE GRAIN OF SAND MAKES THE SEASHORE. EVERY COLOR, THE RAINBOW. EVERY LEAF, THE FOREST. LIKEWISE, EACH OF US CAN MAGNIFY OUR UNQUE CONTRIBUTION BY COLLABORATING WITH OTHERS TO HELP THOSE IN NEED.GENEUROSITY, THE SESHAN FAMILY FOUNDATION FOUNDED IN DR. T.V. SESHAN'S MEMORY, SEEKS TO INSPIRE AND EMPOWER THE PERSONAL PASSIONS AND TALENTS OF MOTIVATED INDIVIDUALS IN ORDER TO TRANSFORM THE WORLD.GENEUROSITY UNLOCKS THE POTENTIAL AND GIFTS PEOPLE WHO ASPIRE TO LEADAND TRANSFORM THE WORLD BY PROVIDING ACCESS TO BASIC SUSTENANCE, HEALTH,EDUCATION, AND ENTREPRENEURIALISM. CONFIDENT, EVEN SMALL, PROGRESSIVE EFFORTS MAKE FOR MEANINGFUL CHANGE. DRAWING ON THE VALUES OF DR. T.V. SESHAN AND HIS FAMILY, GENEUROSITY BELIEVES THAT WHEN WE EACH DO OUR PART, WE RESTORE EACH OTHER, CREATING ABUNDANCE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS IN SUPPORT OF THE NAACP AFRO ACADEMIC TECHNOLOGICAL SCIENTIFIC OLYMPICS, A PROGRAM DESIGNED TO HELP OVERCOME THE CYCLE OF LOW SCHOLASTIC EXPECTATION AND ACHIEVEMENT FOR YOUTHS IN MINORITY GROUPS THROUGHOUT HARRISBURG AND OFFER ACADEMIC MENTORSHIP AND DIVERSE EDUCATIONAL OPPORTUNITIES.
OALLA KOUYA FOUNDATION INC
DONATIONS IN SUPPORT OF THE EQUAL JUSTICE INITIATIVE'S PROGRAMS WHICH CHALLENGE RACIAL AND ECONOMIC INJUSTICE AND COMMIT TO END MASS INCARCERATION AND EXCESSIVE PUNISHMENT WITHIN THE PRISON SYSTEM.
PROJECT SIMILAR TO HABITAT FOR HUMANITY. FUNDS WERE USED TO BUILD AND RENOVATE HOMES FOR HOMELESS VETERANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karthik Seshan President | Officer | 2 | $0 |
Surya Seshan MD Vice President | Officer | 2 | $0 |
Nandini Seshan Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $365 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $365 |
| Total liabilities and net assets/fund balances | $365 |
Grants Awarded
Over the last fiscal year, Seshan Family Foundation Ltd has awarded $24,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER HARRISBURG AREA NAACPACTSO PROGRAM PURPOSE: DONATIONS IN SUPPORT OF THE NAACP AFRO ACADEMIC TECHNOLOGICAL SCIENTIFIC OLYMPICS, A PROGRAM DESIGNED TO HELP OVERCOME THE CYCLE OF LOW SCHOLASTIC EXPECTATION AND ACHIEVEMENT FOR YOUTHS IN MINORITY GROUPS THROUGHOUT HARRISBURG AND OFFER ACADEMIC MENTORSHIP AND DIVERSE EDUCATIONAL OPPORTUNITIES. | $10,000 |
EQUAL JUSTICE INITIATIVE PURPOSE: DONATIONS IN SUPPORT OF THE EQUAL JUSTICE INITIATIVE'S PROGRAMS WHICH CHALLENGE RACIAL AND ECONOMIC INJUSTICE AND COMMIT TO END MASS INCARCERATION AND EXCESSIVE PUNISHMENT WITHIN THE PRISON SYSTEM. | $5,000 |
THE FULLER CENTER FOR HOUSING GREATER NYC AREA PURPOSE: PROJECT SIMILAR TO HABITAT FOR HUMANITY. FUNDS WERE USED TO BUILD AND RENOVATE HOMES FOR HOMELESS VETERANS. | $6,000 |
OALLA KOUGYA FOUNDATION INC PURPOSE: TO BRING FRESH WATER, HEALTH CARE, EDUCATION AND EMPLOYMENT TO IMPOVERISHED COMMUNITIES IN AFRICA ALONG THE IVORY COAST. | $3,000 |