Gupta Family Foundation
- Assets
- $17.4m
- Revenue
- $2.4m
- Investments
- $17.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- Data as of
- 12/2022
- EIN
- 83-2870553
Organization Overview
Gupta Family Foundation is located in Seattle, WA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gupta 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 12/2022, Gupta Family Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.1%) each year. All expenses for the organization totaled $226.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (34.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachin Gupta Director | 1 | $0 | |
Prerna Gupta Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $390,206 |
| Interest on Savings | $0 |
| Dividends & Interest | $361,264 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,646,436 |
| Capital Gain Net Income | $1,646,436 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,397,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,461 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $226,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $280,148 |
| 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 | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,434,060 |
| 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, Gupta Family Foundation has awarded $544,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OMPRAKASH FOUNDATION PURPOSE: GENERAL SUPPORT | $240,000 |
COASTAL EDUCATIONAL FOUNDATION PURPOSE: GENERAL SUPPORT | $200,000 |
UNIVERSITY OF WASHINGTON PURPOSE: GENERAL SUPPORT | $4,000 |
THE CENTER FOR DISEASE DYNAMICS ECONOMICS & POLICY INC PURPOSE: GENERAL SUPPORT | $100,000 |