Modak Foundation is located in San Jose, CA. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Modak 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, Modak Foundation generated $3.5k in total revenue. All expenses for the organization totaled $34.0k during the year ending 12/2022.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Nirmalya Modak CEO | 10 | $0 | |
| Sumita Modak Secretary | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,500 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $3,500 | 
| 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 | $400 | 
| Contributions, gifts, grants paid | $33,601 | 
| Total expenses and disbursements | $34,001 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,399 | 
| 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 | $91,399 | 
| Accounts payable and accrued expenses | $2,400 | 
| 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 | $2,400 | 
Over the last fiscal year, Modak Foundation has awarded $33,601 in support to 17 organizations.
| Grant Recipient | Amount | 
|---|---|
| BAY AREA PRABASI PURPOSE: NON-PROFIT SOCIAL-CULTURAL ORG | $5,000 | 
| SANSKRITI PURPOSE: NON-PROFIT SOCIAL-CULTURAL ORG | $3,000 | 
| BAYBASI PURPOSE: NON-PROFIT SOCIAL-CULTURAL ORG | $1,250 | 
| PASCHIMI PURPOSE: NON-PROFIT SOCIAL-CULTURAL ORG | $1,000 | 
| MUKANTGAN PURPOSE: NON-PROFIT SOCIAL-CULTURAL ORG | $500 | 
| WOMEN NOW PURPOSE: COMMUNITY AND SUPPORT | $1,000 |