Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1992.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports the Indian Institute of Technology, Kharagpur, to improve its capabilities.
Questions for Iitkgp Foundation
Your first name shows with your question. Iitkgp Foundation answers here, for everyone.
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The a c pandya students' activity centre" was initiated in february 2021 at iit-kharagpur. The center will act as a place for students of the department of agricultural & food engineering to sit, hangout, and have a snack or tea before or after their courses.
The "DR. Phanindranath mukherjee and MRS. Sagarika mukherjee awards"were established by donor satyendranath mukherjee, a 1976 graduateof iit-kharagpur, in honor of his parents. They will be awarded everyyear to one female and one male student from any department, school, center, or academy at iit-kgp and will place an emphasis on the…
The iitkgp foundation purchased thirty oxygen concentrators that weresent to iit-kharagpur's b c roy hospital to help successfully handle the immense oxygen crisis associated with the second wave of COVID-19THAT impacted india. The approximate cost was $30,000.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $65K | $158K |
| InvestmentsLn 11–13 | $1.5M | $2.3M |
| Total assetsLn 16 | $1.6M | $2.5M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $1.6M | $2.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $793K | $793K | ||
| Management feesLn 11a | $60K | $60K | ||
| Accounting feesLn 11c | $4K | $4K | ||
| Advertising and promotionLn 12 | $12K | $12K | ||
| Other expenses (24a–d)Ln 24 | $10K | $10K | ||
| Total functional expensesLn 25 | $879K | $793K | $86K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $602K | $819K | −$217K | $3.4M | 990 PDF |
| FY2023 | $861K | $884K | −$23K | $3.0M | 990 PDF |
| FY2022 | $2.7M | $1.5M | $1.1M | $3.0M | 990 PDF |
| FY2021 Viewing | $1.4M | $879K | $554K | $2.5M | 990 PDF |
| FY2020 | $947K | $1.1M | −$158K | $1.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $1,432,256 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 4 to look at
Part VIII · Statement of revenue $1,432,256 across 6 lines filed
Part IX · Statement of functional expenses $878,504 across 5 lines filed
Part X · Balance sheet $2,505,378 assets, 8 lines filed
Part XI · Reconciliation of net assets $2,505,378 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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