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 12/2023, Naveen And Anu Jain Foundation generated $271.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $263.5k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 9 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 105 individual grants totaling $2,873,568. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anu Jain Director, Pres., Treas. | 0.5 | $0 | |
Naveen Jain Director, Sec., Vice President | 0.5 | $0 | |
Ankur Jain Director | 0.5 | $0 | |
Priyanka Jain Director | 0.5 | $0 | |
Neil Jain Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $258,000 |
Interest on Savings | $0 |
Dividends & Interest | $13,232 |
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 | $271,232 |
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 | $4,452 |
Contributions, gifts, grants paid | $259,050 |
Total expenses and disbursements | $263,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,847 |
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 | $103,929 |
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 | $121,776 |
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 |
Over the last fiscal year, Naveen And Anu Jain Foundation has awarded $259,050 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
EDU-GIRLS INC PURPOSE: TO SUPPORT POST HIGH SCHOOL, COLLEGE & CAREER DEVELOPMENT FOR ONE GIRL IN INDIA | $5,000 |
ART OF LIVING FOUNDATION PURPOSE: FUNDS FOR WCF AND OUR PROGRAMS | $10,000 |
BELLEVUE FARMERS MARKET PURPOSE: MARKET DAY SPONSORSHIP | $1,000 |
BELLEVUE LIFESPRING PURPOSE: SUPPORT OF THE ONE HEART, ONE COMMUNITY CELEBRATION | $1,050 |
NEW VENTURE FUND PURPOSE: NAVEEN AND ANU JAIN WMM MATCHING GRANT | $100,000 |
THE SOPHIA WAY PURPOSE: TO END HOMELESSNESS AND BRING STABILITY FOR WOMEN BY PROVIDING MEALS, SHELTER, RESOURCES AND SUPPORT | $6,000 |