Totals
- Total revenue
- $18,013,683
- Total expenses
- $15,924,382
- Contributions and grants received
- $16,594,707
- Grants paid
- $10,504,217
- Program service revenue
- $0
- Investment income
- $1,397,676
- Other revenue
- $21,300
- Total assets, end of year
- $35,714,364
- Total liabilities, end of year
- $4,145,094
- Net assets or fund balances, end of year
- $31,569,270
- Program services expenses (Part IX)
- $13,853,317
- Management and general expenses
- $691,971
- Fundraising expenses
- $1,379,094
- Program service expenses (Part III)
- $13,853,317
Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$6,320,411
-
1f · All other contributions, gifts and grants
$10,274,296
-
3 · Investment income
total $1,410,365 · excluded $1,410,365
-
7a · Gross sales of assets other than inventory
securities $502,009
-
7b · Less cost or other basis and sales expenses
securities $514,698
-
7c · Gain or loss
securities -$12,689
-
7d · Net gain or loss
total -$12,689 · excluded -$12,689
-
8a · Fundraising events: gross income
$778,190
-
8a · Fundraising events: contributions included on line 1c
$6,320,411
-
8b · Fundraising events: direct expenses
$778,190
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $21,300 · excluded $21,300
-
11e · Other revenue, total
$21,300
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $10,504,217 · program services $10,504,217
-
5 · Compensation of officers, directors and key employees
total $775,874 · program services $594,239 · management and general $38,794 · fundraising $142,841
-
7 · Other salaries and wages
total $1,754,280 · program services $1,317,894 · management and general $144,979 · fundraising $291,407
-
8 · Pension plan contributions
total $77,493 · program services $58,161 · management and general $6,655 · fundraising $12,677
-
9 · Other employee benefits
total $468,405 · program services $346,720 · management and general $36,037 · fundraising $85,648
-
10 · Payroll taxes
total $167,831 · program services $126,418 · management and general $12,356 · fundraising $29,057
-
11c · Fees: accounting
total $319,301 · management and general $319,301
-
11e · Fees: professional fundraising services
total $358,585 · fundraising $358,585
-
11f · Fees: investment management
total $7,521 · management and general $7,521
-
11g · Fees: other
total $545,992 · program services $365,765 · management and general $79,739 · fundraising $100,488
-
13 · Office expenses
total $201,421 · program services $52,856 · management and general $3,702 · fundraising $144,863
-
16 · Occupancy
total $155,059 · program services $116,833 · management and general $11,016 · fundraising $27,210
-
17 · Travel
total $135,570 · program services $69,286 · management and general $3,495 · fundraising $62,789
-
22 · Depreciation, depletion and amortization
total $3,078 · program services $2,319 · management and general $219 · fundraising $540
-
24a · Other expenses: CULTIVATION,DIGITAL & Y
total $197,837 · program services $149,064 · management and general $14,056 · fundraising $34,717
-
24b · Other expenses: BANK CHARGES AND CREDIT
total $128,113 · program services $96,529 · management and general $9,102 · fundraising $22,482
-
24c · Other expenses: MISCELLANEOUS
total $72,262 · program services $52,700 · management and general $4,969 · fundraising $14,593
-
24d · Other expenses: INDIRECT BENEFIT EXPENS
total $51,123 · fundraising $51,123
-
24e · All other expenses
total $420 · program services $316 · management and general $30 · fundraising $74
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,737,809 · end of year $582,697
-
2 · Savings and temporary cash investments
end of year $2,586,355
-
3 · Pledges and grants receivable
beginning of year $240,000 · end of year $101,874
-
9 · Prepaid expenses and deferred charges
beginning of year $254,488 · end of year $474,467
-
10a · Land, buildings and equipment: cost or other basis
$157,042
-
10b · Land, buildings and equipment: accumulated depreciation
$155,167
-
10c · Land, buildings and equipment, net
beginning of year $4,953 · end of year $1,875
-
11 · Investments: publicly traded securities
beginning of year $27,901,569 · end of year $29,301,719
-
12 · Investments: other securities
beginning of year $57,340 · end of year $57,340
-
15 · Other assets
beginning of year $3,372,407 · end of year $2,608,037
-
17 · Accounts payable and accrued expenses
beginning of year $372,406 · end of year $967,571
-
25 · Other liabilities
beginning of year $4,884,104 · end of year $3,177,523
-
27 · Net assets without donor restrictions
beginning of year $13,718,379 · end of year $18,554,736
-
28 · Net assets with donor restrictions
beginning of year $15,593,677 · end of year $13,014,534
Mission and programs · 2023
Mission
THE AMERICAN INDIA FOUNDATION(AIF) IS A NONPROFIT AMERICAN DEVELOPMENT ORGANIZATION THAT IS DEVOTED TO ACCELERATING SOCIAL AND ECONOMIC CHANGE IN INDIA.
Activities or mission (Part I)
THE AMERICAN INDIA FOUNDATION IS DEVOTED TO ACCELERATING SOCIAL AND ECONOMIC CHANGE IN INDIA.
-
EDUCATION:1. LAMPAIF'S LEARNING AND MIGRATION PROGRAM (LAMP) PROVIDES CHILDREN IN AREAS OF HIGH SEASONAL MIGRATION WITH ACCESS TO CONTINUOUS, QUALITY, AND AGE-APPROPRIATE EDUCATION. LAMP CONSISTS OF TWO PRIMARY INTERVENTIONS - EDUCATION FOR CHILDREN THROUGH SEASONAL HOSTELS AND A LEARNING ENRICHMENT PROGRAM, AND COMMUNITY-BASED ADVOCACY THROUGH THE NATIONAL RIGHT TO EDUCATION ACT.2. DIGITAL EQUALIZERDIGITAL EQUALIZER BRIDGES THE EDUCATIONAL AND DIGITAL DIVIDE BY BRINGING TECHNOLOGY TO SCHOOLS ACROSS INDIA AND UTILIZING TECHNOLOGY TO TRANSFORM TEACHING AND LEARNING INTO A COLLABORATIVE, PROJECT-BASED APPROACH. DIGITAL EQUALIZER EQUIPS EACH SCHOOL WITH A COMPUTER CENTER THAT PROVIDES TEACHING AT SITE. THE DIGITAL EQUALIZER CURRICULUM ENSURES THAT TEACHERS AND STUDENTS ARE EQUIPPED WITH PRACTICAL DIGITAL LITERACY SKILLS THAT ENHANCE BOTH THEIR CLASSROOM AND OUT-OF-SCHOOL LEARNING.
Expenses $4,656,986 · Grants $3,324,026
-
PUBLIC HEALTH:DESIGNED TO REDUCE MATERNAL AND CHILD MORTALITY IN RURAL, IMPOVERISHED AREAS, THE MATERNAL AND NEWBORN SURVIVAL INITIATIVE (MANSI) UTILIZES A PUBLIC-PRIVATE PARTNERSHIP MODEL TO PROVIDE THE RESOURCES AND SUPPORT REQUIRED TO EMPOWER LOCAL COMMUNITIES TO CARE FOR THEIR MOTHERS AND CHILDREN WHILE IMPROVING THE LOCAL HEALTH SYSTEM. MANSI PROVIDES PREVENTATIVE AND CURATIVE CARE FOR BOTH MOTHERS AND NEWBORNS ALL THE WAY FROM THE INDIVIDUAL HOUSEHOLD TO GOVERNMENT HEALTH FACILITIES TO ENSURE NEW MOTHERS AND INFANTS HAVE THE CARE THEY NEED TO PREPARE FOR, SURVIVE, AND THRIVE DURING AND AFTER PREGNANCY.
Expenses $3,461,249 · Grants $2,914,190
-
LIVELIHOOD:AIF'S LIVELIHOOD PROGRAM'S TWO SIGNATURE INITIATIVES INCLUDE MARKET ALIGNED SKILLS TRAINING (MAST) AND ABILITY-BASED LIVELIHOOD EMPOWERMENT (ABLE).1. MASTTHE MARKET ALIGNED SKILLS TRAINING (MAST) WORKS TO ADDRESS THIS SYSTEMIC IMBALANCE BY PROVIDING UNEMPLOYED YOUNG PEOPLE WITH A COMPREHENSIVE SKILLS TRAINING THAT EQUIPS THEM WITH THE KNOWLEDGE AND SKILLS NEEDED TO SECURE EMPLOYMENT AND SUCCEED ON THE JOB. MAST NOT ONLY MEETS THE GROWING DEMANDS OF THE DIVERSIFYING LOCAL INDUSTRIES ACROSS THE COUNTRY, IT HARNESSES INDIA'S YOUTH POPULATION TO BECOME POWERFUL ENGINES OF THE ECONOMY.2. ABLEABILITY-BASED LIVELIHOOD EMPOWERMENT (ABLE) HELPS BY WORKING TO ENSURE THAT PERSONS WITH DISABILITIES ARE ABLE TO OBTAIN EQUAL, INCLUSIVE AND DIGNIFIED LIVELIHOODS. EMPOWERING INDIA'S DIFFERENTLY-ABLED, ABLE BUILDS SKILL SETS AND FACILITATES ACCESS TO EMPLOYMENT, WHILE ALSO PROMOTING ACCEPTANCE OF DISABILITIES IN THE LARGER COMMUNITY.
Expenses $3,359,525 · Grants $2,795,913
-
BANYAN IMPACT FELLOWSHIP:BANYAN FELLOWSHIP IS NURTURING THE NEXT GENERATION OF LEADERS COMMITTED TO IMPACTFUL CHANGE, WHILE STRENGTHENING THE PARTNERSHIP BETWEEN THE WORLD'S TWO LARGEST DEMOCRACIES - THE U.S. AND INDIA. THE BANYAN FELLOWSHIP FOR SERVICE IN INDIA IS AN IMMERSIVE, 10-MONTH VOLUNTEER SERVICE PROGRAM MATCHING YOUNG PROFESSIONALS IN THE U.S. WITH INDIAN DEVELOPMENT ORGANIZATIONS. FELLOWS WORK ON SCALABLE AND SUSTAINABLE DEVELOPMENT PROJECTS IN THE FIELDS OF EDUCATION, LIVELIHOODS, AND PUBLIC HEALTH.THROUGH COLLABORATION AND CAPACITY-BUILDING, FELLOWS, AIF AND CIVIL SOCIETY LEADERS FORM DYNAMIC PARTNERSHIPS TO CAPACITY-BUILD, EXCHANGE KNOWLEDGE AND SKILLS, AND SHARE A MUTUAL PASSION FOR ADVANCING SOCIAL AND ECONOMIC DEVELOPMENT. SINCE 2001, THE AIF FELLOWSHIP HAS SELECTED, TRAINED, AND SUPPORTED 573 PASSIONATE INDIVIDUALS WHO HAVE BUILT A STRONG MOVEMENT OF LEADERS TO SCALE IMPACT AND CATALYZE SOCIAL CHANGE. THE INITIATIVE ENDEAVORS TO FURTHER STRENGTHEN TIES BETWEEN THE U.S. AND INDIA BY ALSO SUPPORTING INDIAN FELLOWS ANNUALLY FOR SERVICE IN THE U.S.
Expenses $2,375,557 · Grants $1,470,088
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lata KrishnanLATA KRISHNAN
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Harit TalwarHARIT TALWAR
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Diaz NesamoneyDIAZ NESAMONEY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Sumir ChadhaSUMIR CHADHA
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Brian PereiraBRIAN PEREIRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jayant TambeJAYANT TAMBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Karan AhoojaKARAN AHOOJA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Masha SajdehMASHA SAJDEH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael SteinbergMICHAEL STEINBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ash LilaniASH LILANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Raj SeshadriRAJ SESHADRI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Riaz TaplinRIAZ TAPLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rohit KapoorROHIT KAPOOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Shashin ShahSHASHIN SHAH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tasneem ChiptyTASNEEM CHIPTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Venkat SrinivasanVENKAT SRINIVASAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Vijay VishwanathVIJAY VISHWANATH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Vimal BahugunaVIMAL BAHUGUNA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vivek BantwalVIVEK BANTWAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ajay ShahAJAY SHAH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin SteinbergJUSTIN STEINBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Niharika CabiallavettaNIHARIKA CABIALLAVETTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Saugata SahaSAUGATA SAHA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vasu JakkalVASU JAKKAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nishant PandeyNISHANT PANDEY
CEO
- Total calculated
- $512,724
- From this org
- $467,196
- From related orgs
- $0
- Other
- $45,528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $417,196
- Bonus
- $50,000
- Other
- $0
- Deferred
- $27,000
- Nontaxable benefits
- $18,528
- Filer's total
- $512,724
-
Hema Mukul GandhiHEMA MUKUL GANDHI
CHIEF FINANCIAL/OPERATING OFFICER
- Total calculated
- $202,844
- From this org
- $162,825
- From related orgs
- $0
- Other
- $40,019
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,825
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $40,019
- Filer's total
- $202,844
-
Kalpana KanthanKALPANA KANTHAN
CHIEF DEVELOPMENT/MARKETING OFFICER
- Total calculated
- $241,420
- From this org
- $193,146
- From related orgs
- $0
- Other
- $48,274
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,146
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $48,274
- Filer's total
- $241,420
-
Jeanine RacioppoJEANINE RACIOPPO
DEVELOPMENT DIRECTOR - EAST COAST
- Total calculated
- $196,191
- From this org
- $141,158
- From related orgs
- $0
- Other
- $55,033
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,158
- Bonus
- $10,000
- Other
- $0
- Deferred
- $8,081
- Nontaxable benefits
- $46,952
- Filer's total
- $196,191
-
Mudgha MukherjeeMUDGHA MUKHERJEE
DIRECTOR - ORGANIZATIONAL EFFECTIVENESS
- Total calculated
- $190,658
- From this org
- $129,652
- From related orgs
- $0
- Other
- $61,006
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,652
- Bonus
- $5,000
- Other
- $0
- Deferred
- $7,031
- Nontaxable benefits
- $53,975
- Filer's total
- $190,658
-
Jaboc IttycheriaJABOC ITTYCHERIA
DEVELOPMENT DIRECTOR - WEST COAST
- Total calculated
- $138,279
- From this org
- $118,828
- From related orgs
- $0
- Other
- $19,451
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500179349301335
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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