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Doctors Mody Foundation Inc. is a private corporation based in GLASGOW, KY. The foundation received its IRS ruling in 2016. It holds total assets of $487K. Annual income is reported at $65K. Total assets have grown from $163K in 2019 to $414K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Kentucky and New Jersey. According to available records, Doctors Mody Foundation Inc. has made 17 grants totaling $65K, with a median grant of $5K. Annual giving has grown from $13K in 2020 to $20K in 2023. Grantmaking activity was highest in 2022 with $32K distributed across 8 grants. Individual grants have ranged from $1K to $7K, with an average award of $4K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Kentucky and New Jersey and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$4K
Largest Grant
$5K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Doctors Mody Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in KY, NJ, NY.
Doctors Mody Foundation Inc. has distributed a total of $65K across 17 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $7K.
Doctors Mody Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Doctors Mody Foundation Inc. is headquartered in GLASGOW, KY. While based in KY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bhavani Mody High | DIRECTOR | $0 | $0 | N/A |
| Bhavana Mody | DIRECTOR | $0 | $0 | N/A |
| Bharati B Mody | SECRETARY | $0 | $0 | N/A |
| Bharat M Mody | PRESIDENT | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$414K
Fair Market Value
$414K
Net Worth
$412K
Grants Paid
$20K
Contributions
$21K
Net Investment Income
$12K
Distribution Amount
N/A
Total Grants
17
Total Giving
$65K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share & CareCHARITABLE PURPOSES | Rochelle Park, NJ | $5K | 2023 |
| T J Mission FoundationCHARITABLE PURPOSES | Glasgow, KY | $7K | 2023 |
| Shreya Art FoundationCHARITABLE PURPOSES | Scarsdale, NY | $5K | 2023 |
| Community Medical CareCHARITABLE PURPOSE | Glasgow, KY | $2K | 2023 |
| T J Helping HandsCHARITABLE PURPOSES | Glasgow, KY | $1K | 2023 |
| Barren Co Educational FndtnCHARITABLE PURPOSES | Glasgow, KY | $5K | 2022 |
| To The Brim Food PantryCHARITABLE PURPOSES | Glasgow, KY | $2K | 2020 |
| Barren County Medical SocietyCHARITABLE PURPOSES | Glasgow, KY | $1K | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY