Naveen And Anu Jain Foundation
- Assets
- $121.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 91-2168990
Organization Overview
Naveen And Anu Jain Foundation is located in Bellevue, WA. The organization was established in 2006. 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. Naveen And Anu Jain 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 12/2021, Naveen And Anu Jain Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 31.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Naveen And Anu Jain Foundation has awarded 94 individual grants totaling $2,595,658. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anu Jain Director, Pres. Sec., Treas. | 0.5 | $0 | |
Naveen Jain Director, Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,240,000 |
| 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 | $11,680 |
| Total Revenue | $1,251,680 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $77 |
| Total operating and administrative expenses | $3,081 |
| Contributions, gifts, grants paid | $1,238,000 |
| Total expenses and disbursements | $1,241,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,346 |
| 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 | $82,363 |
| 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 | $121,709 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $52,860 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $52,860 |
Grants Awarded
Over the last fiscal year, Naveen And Anu Jain Foundation has awarded $1,238,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
PEACE UNIVERSITY MEXICO PURPOSE: GENERAL PURPOSE | $1,000,000 |
GIRL UP UNITED NATION FOUNDATION PURPOSE: TO GIVE AMERICAN GIRLS THE OPPORTUNITY TO BECOME GLOBAL LEADERS. | $125,000 |
BELLEVUE LIFESPRING PURPOSE: TO FOSTER STABILITY AND SELF-SUFFICIENCY FOR BELLEVUE'S CHILDREN AND THEIR FAMILIES. | $50,000 |
MILAAN FOUNDATION PURPOSE: IT IS A NON-PROFIT, HUMAN RIGHTS-BASED ORGANIZATION, WHICH ENVISIONS AN INCLUSIVE AND EQUAL WORLD. | $16,000 |
ACUMEN PURPOSE: TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS. | $10,000 |
Bellevue, WA PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |