Ask Kothari Foundation INC FY2021 filing

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 83-2757715Revenue $98K in FY2021

On file with the IRS529 5th Ave FL 18, 10017-4672 · New York, NYTax-exempt since May 2019Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $102K a year · 48% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$98K
-88% vs prior year
Spent
$159K
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$98K
FY2021▼ -88%
Tap a bar for its year
Revenue by fiscal year
FY2020$801K
FY2021$98K
FY2022$54K
FY2023$59K
FY2024$53K
Expenses
$159K
FY2021▲ +136%
Tap a bar for its year
Expenses by fiscal year
FY2020$67K
FY2021$159K
FY2022$118K
FY2023$153K
FY2024$56K
Net assets
$1.8M
FY2021▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$1.8M
FY2022$1.7M
FY2023$1.6M
FY2024$1.6M

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 88% · $140K Operating & administrative 12% · $19K

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

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Ask Kothari Foundation INC executive salaries →

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Programs and updates

A private foundation based in New York, NY.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 10 grants · $45K · 2024–2024
Individual RecipientFY2024$10,000
Vivekananda Vidyapith INCNJ · FY2024$5,000
Gift of Life USA INCNY · FY2024$5,000
Life Global INCNJ · FY2024$5,000
Naku FoundationCA · FY2024$2,500
Culture of Healing INCNY · FY2024$2,500
Individual RecipientFY2024$2,000
Share & Care FoundationFY2024$2,000
Jain Centre of AmericaFY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$4K
Median grantPart XV$5K
Largest grantPart XV$10K
Top cause focusNTEEArts & Culture (20%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$98K
Investment income$98K
Other income$322
Money out
$159K
Grants paid$140K
Running costs$19K
Owns and owes
$1.8M
net assets
Total assets$1.8M
Liabilities$0
2In more detail
Revenue in detail
Investment income$98K
Other income$322
Total revenue$98K
Assets in detailEnd of year
Total assets$1.8M
Liabilities$0
Net assets$1.8M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $53K$56K−$3K$1.6M 990 PDF
FY2023 $59K$153K−$95K$1.6M 990 PDF
FY2022 $54K$118K−$64K$1.7M 990 PDF
FY2021 Viewing $98K$159K−$61K$1.8M 990 PDF
FY2020 $801K$67K$733K$1.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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