Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Shree Saint Baba Mehardas Foundation Inc. is a private corporation based in OLD TAPPAN, NJ. The foundation received its IRS ruling in 2018. The principal officer is Bhambis. It holds total assets of $620K. Annual income is reported at $24K. Total assets have grown from $100K in 2019 to $626K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of international. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Shree Saint Baba Mehardas Foundation Inc. has made 5 grants totaling $37K, with a median grant of $5K. Annual giving has grown from $5K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $17K distributed across 2 grants. Individual grants have ranged from $1K to $14K, with an average award of $7K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
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.
Shree Saint Baba Mehardas Foundation Inc. primarily funds organizations in the area of international. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NJ.
Shree Saint Baba Mehardas Foundation Inc. has distributed a total of $37K across 5 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $14K.
Shree Saint Baba Mehardas Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is FISCAL YEAR END. No restrictions.
Shree Saint Baba Mehardas Foundation Inc. is headquartered in OLD TAPPAN, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shanker Sadhwani | Director | $0 | $0 | N/A |
| Harekem Sadhwani | Director | $0 | $0 | N/A |
| Lal Sadhwani | Director | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$626K
Fair Market Value
$626K
Net Worth
$612K
Grants Paid
$15K
Contributions
$353K
Net Investment Income
$6K
Distribution Amount
$15K
Total Grants
5
Total Giving
$37K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bonnie Brae FoundationCharitable Donation | Liberty Corner, NJ | $14K | 2023 |
| ActofhumanityorgCharitable Donation | Garfield, NJ | $1K | 2023 |
| India Heritage CenterEXEMPT PURPOSE | Saddle River, NJ | $3K | 2022 |