The Foundation is a u.s. "friends of" entity formed by individuals who wish to advance and support the work of the indian institute of technology (banaras hindu university, "Iit (bhu)"), a public technical and research university located in varanasi, uttar pradesh, india, which is expected to be the principal (although not necessarily exclusive) grantee of funds distributed by the organization.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990-EZIndependent: 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
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.5M a year · 65% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Named funders
2
named funders · $41K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$65K
Net assets
$51K
By yearFY2020–FY2025
Revenue
$65K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$65K
FY2021$4.1M
FY2022$1.9M
FY2023$1.2M
FY2024$1.3M
FY2025$3.3M
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$71K
FY2022$2.7M
FY2023$593K
FY2024$307K
FY2025$354K
Net assets
$51K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$51K
FY2021$4.1M
FY2022$3.0M
FY2023$3.8M
FY2024$5.2M
FY2025$7.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2021.

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

Who runs it and what they're paid

5 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Director - President
$0Pt VII · Sec A
Director - Secretary
$0Pt VII · Sec A
Director - Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sagar Bhimavarapu’s $75K as CEO is at the 16th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Sagar Bhimavarapu$75,000$75,000$57,967

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Supports the Indian Institute of Technology (BHU) through fundraising and advocacy.

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$41K

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$65K
Other income$65K
Owns and owes
$51K
net assets
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Other income$65K
Total revenue$65K
Assets in detailEnd of year
Liabilities$0
Net assets$51K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.3M$354K$2.9M$7.6M 990 PDF
FY2024 $1.3M$307K$955K$5.2M 990 PDF
FY2023 $1.2M$593K$566K$3.8M 990 PDF
FY2022 $1.9M$2.7M−$811K$3.0M 990 PDF
FY2021 $4.1M$71K$4.1M$4.1M 990 PDF
FY2020 Viewing $65K$51K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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