Nanban Foundation
- Assets
- $129.0k
- Revenue
- $402.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- Data as of
- 12/2022
- EIN
- 85-1976507
Organization Overview
Nanban Foundation is located in Frisco, TX. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nanban 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, Nanban Foundation generated $402.5k in total revenue. All expenses for the organization totaled $324.2k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NANBAN FOUNDATION STRIVES TO PROVIDE FREE, HIGH-QUALITY FINANCIAL EDUCATION FOR ALL. THE ORGANIZATION FUNCTIONS WITH THE SUPPORT OF VOLUNTEERS UNITED BY ONE COMMON GOAL: KNOWLEDGE SHARING. EMBRACING ONLINE EDUCATION, WE INVITE PEOPLE OF ALL BACKGROUNDS TO ATTEND OUR FREE QUARTERLY WEBINARS IN ORDER TO LEARN GK LEVEL-1 AND LEVEL-2 COMPREHENSIVE INVESTMENT STRATEGIES. EQUIPPED WITH THESE TOOLS, STUDENTS CAN BEGIN THEIR JOURNEY TOWARD FINANCIAL FREEDOM. BESIDES FINANCIAL EDUCATION, NANBAN FOUNDATION SERVES OTHERS THROUGH SERVICE PROJECTS FOCUSED ON IMPROVING THE LIVING CONDITIONS OF UNDERPRIVILEGED COMMUNITIES IN BOTH INDIA AND THE US. THE FOUNDATION IS COMMITTED TO PROVIDING MORE THAN BASIC NECESSITIES, ESTABLISHING COMMUNITY KITCHENS AND SKILLS-BASED WORKSHOPS TO ENSURE LONG-TERM GROWTH AND PROSPERITY IN THE AREAS WE CONDUCT OUR WORK. IN ADDITION, IT PROVIDES TIMELY AID IN THE FACE OF UNPRECEDENTED CALAMITIES, SUCH AS THE COVID-19 PANDEMIC AND CYCLONE NIVAR. WITH THE HELP OF OVER A THOU
Describe the Organization's Program Activity:
Part 3 - Line 4a
NANBAN FOUNDATION STRIVES TO PROVIDE FREE, HIGH-QUALITY FINANCIAL EDUCATION FOR ALL. THE ORGANIZATION FUNCTIONS WITH THE SUPPORT OF VOLUNTEERS UNITED BY ONE COMMON GOAL: KNOWLEDGE SHARING. EMBRACING ONLINE EDUCATION, WE INVITE PEOPLE OF ALL BACKGROUNDS TO ATTEND OUR FREE QUARTERLY WEBINARS IN ORDER TO LEARN GK LEVEL-1 AND LEVEL-2 COMPREHENSIVE INVESTMENT STRATEGIES. EQUIPPED WITH THESE TOOLS, STUDENTS CAN BEGIN THEIR JOURNEY TOWARD FINANCIAL FREEDOM. BESIDES FINANCIAL EDUCATION, NANBAN FOUNDATION SERVES OTHERS THROUGH SERVICE PROJECTS FOCUSED ON IMPROVING THE LIVING CONDITIONS OF UNDERPRIVILEGED COMMUNITIES IN BOTH INDIA AND THE US. THE FOUNDATION IS COMMITTED TO PROVIDING MORE THAN BASIC NECESSITIES, ESTABLISHING COMMUNITY KITCHENS AND SKILLS-BASED WORKSHOPS TO ENSURE LONG-TERM GROWTH AND PROSPERITY IN THE AREAS WE CONDUCT OUR WORK. IN ADDITION, IT PROVIDES TIMELY AID IN THE FACE OF UNPRECEDENTED CALAMITIES, SUCH AS THE COVID-19 PANDEMIC AND CYCLONE NIVAR. WITH THE HELP OF OVER A THOUSAND DEDICATED VOLUNTEERS WORKING TIRELESSLY ON THE GROUND, THE FOUNDATION AIMS TO EFFECT LASTING CHANGE. THE FOUNDATION'S WORK IS PRIMARILY DEVOTED TO TACKLING ISSUES IN THE FOLLOWING AREAS: COVID-19 & HUNGER RELIEF WOMEN EMPOWERMENT RURAL EMPOWERMENT: TECHNO INITIATIVES BIODIVERSITY CONSERVATION: GREEN INDIA EDUCATION
NANBAN FOUNDATION STRIVES TO PROVIDE FREE, HIGH-QUALITY FINANCIAL EDUCATION FOR ALL. THE ORGANIZATION FUNCTIONS WITH THE SUPPORT OF VOLUNTEERS UNITED BY ONE COMMON GOAL: KNOWLEDGE SHARING. EMBRACING ONLINE EDUCATION, WE INVITE PEOPLE OF ALL BACKGROUNDS TO ATTEND OUR FREE QUARTERLY WEBINARS IN ORDER TO LEARN GK LEVEL-1 AND LEVEL-2 COMPREHENSIVE INVESTMENT STRATEGIES. EQUIPPED WITH THESE TOOLS, STUDENTS CAN BEGIN THEIR JOURNEY TOWARD FINANCIAL FREEDOM. BESIDES FINANCIAL EDUCATION, NANBAN FOUNDATION SERVES OTHERS THROUGH SERVICE PROJECTS FOCUSED ON IMPROVING THE LIVING CONDITIONS OF UNDERPRIVILEGED COMMUNITIES IN BOTH INDIA AND THE US. THE FOUNDATION IS COMMITTED TO PROVIDING MORE THAN BASIC NECESSITIES, ESTABLISHING COMMUNITY KITCHENS AND SKILLS-BASED WORKSHOPS TO ENSURE LONG-TERM GROWTH AND PROSPERITY IN THE AREAS WE CONDUCT OUR WORK. IN ADDITION, IT PROVIDES TIMELY AID IN THE FACE OF UNPRECEDENTED CALAMITIES, SUCH AS THE COVID-19 PANDEMIC AND CYCLONE NIVAR. WITH THE HELP OF OVER A THOUSAND DEDICATED VOLUNTEERS WORKING TIRELESSLY ON THE GROUND, THE FOUNDATION AIMS TO EFFECT LASTING CHANGE. THE FOUNDATION'S WORK IS PRIMARILY DEVOTED TO TACKLING ISSUES IN THE FOLLOWING AREAS: COVID-19 & HUNGER RELIEF WOMEN EMPOWERMENT RURAL EMPOWERMENT: TECHNO INITIATIVES BIODIVERSITY CONSERVATION: GREEN INDIA EDUCATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vidhya Rasu Board Manage | Trustee | 10 | $0 |
Hema Krishnan Trustee And | Trustee | 20 | $0 |
Preeti Gurunathan Board Manage | Trustee | 10 | $0 |
Priya Ulaganathan Treasurer | Officer | 20 | $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 | $402,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $402,478 |
| 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 | $402,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,786 |
| Fees for services: Legal | $200 |
| 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 | $239,498 |
| Advertising and promotion | $27,189 |
| Office expenses | $53,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,154 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $324,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,033 |
| 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 | $129,033 |
| 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 | $129,033 |
| Total liabilities and net assets/fund balances | $129,033 |
Grants Awarded
Over the last fiscal year, Nanban Foundation has awarded $13,599 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TEK FOOD FORCE PURPOSE: FOODBANK | $3,300 |
TEK FOOD FORCE PURPOSE: FOOD BANK | $1,700 |
VELKANTH INDIA PURPOSE: RELIEF | $347 |
FRIENDS EDUCATIONAL & CHARITABLE TR PURPOSE: EDUCATIONAL CHARITY | $5,000 |
NEW HARMONY CHURCH PURPOSE: RELEIF | $600 |
VELKANTH INDIA PURPOSE: RELIEF | $349 |