Harita And Jay Patel Family Foundation
- Assets
- $968.6k
- Revenue
- $89.0k
- Investments
- $962.8k
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-4136952
Organization Overview
Harita And Jay Patel Family Foundation is located in Cupertino, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harita And Jay Patel 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 12/2023, Harita And Jay Patel Family Foundation generated $89.0k 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 (55.1%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayendra N Patel President | 1 | $0 | |
Harita J Patel Vice President | 1 | $0 | |
Jigish J Patel Secretary | 1 | $0 | |
Ketul J Patel Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39 |
| Dividends & Interest | $5,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,963 |
| Capital Gain Net Income | $83,963 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,008 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $5,377 |
| Contributions, gifts, grants paid | $73,283 |
| Total expenses and disbursements | $78,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,797 |
| 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 | $968,611 |
| 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, Harita And Jay Patel Family Foundation has awarded $73,283 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MUNI SEVA CHARITABLE FOUNDATION USA PURPOSE: SUPPORTING THIS ORGANIZATION THAT PROVIDES MEDICAL AND EDUCATIONAL RESOURCES TO TRIBAL VILLEGES IN THE WESTERN STATE OF GUJARAT IN INDIA. | $2,130 |
KQED PURPOSE: PROMOTING AND SUPPORTING NON-BIASED NEWS REPORTING | $12,500 |
BRAHMA KUMARIS SILICON VALLEY PURPOSE: SUPPORTING THIS SPIRITUAL MOVEMENT WHICH IS HELPING INDIVIDUALS TRANSFORM THEIR PERSPECTIVE OF THE WORLD FROM MATERIAL TO SPIRITUAL | $26,603 |
SECOND HARVEST OF SILICON VALLEY PURPOSE: SUPPORTING THIS ORGANIZATION'S MISSION TO END HUNGER IN OUR COMMUNITY | $5,000 |
SAN JOSE CHILDREN'S DISCOVERY MUSEUM (DBA CHILDREN'S DISCOVERY MUSEUM OF SA PURPOSE: SUPPORTING THEIR MISSION OF INSPIRING CREATIVITY, CURIOSITY, AND LIFELONG LEARNING | $5,000 |
PARTNERS AND ADVOCATES FOR REMARKABLE CHILDREN AND ADULTS PURPOSE: SUPPORTING THEIR MISSION TO ENRICH THE LIVES OF PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES | $10,000 |