Form 990 for tax year 2024

Totals

Total revenue

$1,006,304

Total expenses

$1,387,214

Contributions and grants received

$936,701

Grants paid

$827,350

Program service revenue

$0

Investment income

$69,603

Other revenue

$0

Total assets, end of year

$2,922,986

Total liabilities, end of year

$23,163

Net assets or fund balances, end of year

$2,899,823

Program services expenses (Part IX)

$1,024,913

Management and general expenses

$138,998

Fundraising expenses

$223,303

Program service expenses (Part III)

$1,024,913

Program services were 73.9% 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.

Mission and programs · 2024

• AKANKSHA EDUCATION FUND IS A NON-PROFIT ORGANIZATION WITH A MISSION TO PROVIDE CHILDREN FROM LOW-INCOME COMMUNITIES WITH A HIGH-QUALITY EDUCATION, ENABLING THEM TO MAXIMIZE THEIR POTENTIAL AND TRANSFORM THEIR LIVES. FOR OVER 30 YEARS, AKANKSHA HAS EDUCATED CHILDREN FROM LOW-INCOME COMMUNITIES ACROSS MUMBAI AND PUNE FIRST, THROUGH THEIR AFTER-SCHOOL CENTERS, AND SINCE 2007, THROUGH THE SCHOOL PROJECT. CURRENTLY, 'THE SCHOOL PROJECT' OPERATES 27 SCHOOLS, SERVING APPROXIMATELY 14,700 CHILDREN AND 5,400 ALUMNI. LOOKING AHEAD, THEY SEEK TO EXPAND THEIR NETWORK OF SCHOOLS, SHARE THEIR EFFECTIVE PRACTICES AND ADVOCATE FOR QUALITY SCHOOL REFORM FOR CHILDREN ACROSS INDIA. AKANKSHA EDUCATION FUND SUPPORTS ALUMNI FROM THE AKANKSHA FOUNDATION FUNDED SCHOOLS PURSUING HIGHER EDUCATION IN THE UNITED STATES. SERVICES INCLUDE MENTORING, CAREER GUIDANCE AND ACCESS TO REMOTE HOST FAMILIES.

  Expenses $1,024,913 · Grants $827,350

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• FRIENDS OF TEACH FOR INDIA

  $130,000

  SUPPORT FOR THE GRANTEE'S EDUCATIONAL PROGRAMS

• ONE WORLD NETWORK OF SCHOOLS

  $40,000

  TO SUPPORT THE ORGANIZATIONAL NEEDS

Provenance

Return type

form_990

Tax year

2024

Filed

19 December 2025

IRS schema version

2024v5.2

Source object

202533539349300923

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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