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Shailaja & Umesh Nagarkatte Educational Foundation Inc. is a private corporation based in FLUSHING, NY. The foundation received its IRS ruling in 2018. The principal officer is Umesh P Nagarkatte. It holds total assets of $210K. Annual income is reported at $247K. Total assets have grown from $64K in 2019 to $210K in 2024. The foundation is governed by 3 officers and trustees. The foundation's purpose is the promotion of educational activities but has not spent any of the foundations money as yet. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Shailaja & Umesh Nagarkatte Educational Foundation Inc. has made 14 grants totaling $183K, with a median grant of $10K. Annual giving has grown from $11K in 2021 to $108K in 2023. Individual grants have ranged from $1K to $70K, with an average award of $13K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
The foundation's purpose is the promotion of educational activities but has not spent any of the foundations money as yet
The foundation's purpose is the promotion of educational activities but has not spent any of the foundations money as yet. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY.
Shailaja & Umesh Nagarkatte Educational Foundation Inc. has distributed a total of $183K across 14 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $1K to $70K.
Shailaja & Umesh Nagarkatte Educational Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Shailaja & Umesh Nagarkatte Educational Foundation Inc. is headquartered in FLUSHING, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Umish Nagarkatte | PRESIDENT | $0 | $0 | N/A |
| Pranav S Nagarkatte | TREASURER | $0 | $0 | N/A |
| Swati P Nagarkatte | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$210K
Fair Market Value
N/A
Net Worth
$210K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$183K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Swami Shashwat AnandEDUCATIONALDISCUSSIONS US AND INDIA | — | $70K | 2023 |
| The Hindu CenterCOMMUNITY SUPPORTBY THE CENTER | Flushing, NY | $25K | 2023 |
| Santkrupa PratishthanPUBLICATION SUPPORTFOR MARATHIMONTHLY MAGAZ | — | $9K | 2023 |
| L S Creative UnitGIRLS HIGHSCHOOL | — | $4K | 2023 |
| Maharish Samdipani RashtriyaRECENTLY OPENEDVEDIC STUDIESSCHOOL | — | $2K | 2022 |