Kalpataru Foundation Inc is located in Mukilteo, WA. 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. Kalpataru 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 12/2023, Kalpataru Foundation Inc generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.0%) each year.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amol Kulkarni Director | 1 | $0 | |
Pratibha Bachal Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,811 |
| Dividends & Interest | $204,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,350,008 |
| Capital Gain Net Income | $4,350,008 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,558,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,431 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,336 |
| Printing and publications | $113 |
| Other expenses | $228 |
| Total operating and administrative expenses | $16,477 |
| Contributions, gifts, grants paid | $11,363 |
| Total expenses and disbursements | $27,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,004 |
| Savings and temporary cash investments | $0 |
| 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 | $4,586,651 |
| 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 |
Over the last fiscal year, Kalpataru Foundation Inc has awarded $11,363 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALL INDIA INSTITUTE OF LOCAL SELF GOVERNMENT PURPOSE: GENERAL CHARITABLE PURPOSE | $10,362 |
MAUI STRONG FUND OF HAWAII COMMUNITY FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $1,001 |