Overview
What is Mahindra Foundation?
The Mahindra Foundation, situated in San Jose, California, is a nonprofit organization that is deeply committed to uplifting underprivileged girl children in India. Through the KC Mahindra Education Trust, they endeavor to provide educational aid and opportunities. Their mission encompasses the implementation of programs like the Mahindra United World College, offering scholarship prospects to deserving students. The foundation's primary objective is to empower these young girls by providing them with quality education, thereby contributing to their overall development and brighter future.
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69% overall score).
The Mahindra Foundation has received a score reflecting areas needing improvement, particularly concerning transparency and governance policies. While the organization boasts a fully independent board and a strong program expense ratio of 96.80%, it has not provided essential financial statements or key documents that would enhance accountability, leading to a lack of clarity in its financial operations.
Despite its strengths in governance structure, the foundation's absence of conflict of interest and whistleblower policies, along with missing documentation related to financial transparency, raises concerns about its operational integrity. While the foundation is successfully utilizing its funds for programs, the gaps in its policies and documentation could affect stakeholder trust and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mahindra Foundation legitimate?
Mahindra Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mahindra Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
What is the mission statement of Mahindra Foundation?
The Mahindra Foundation, through its KC Mahindra Education Trust, is committed to offering educational assistance to underprivileged girl children in India. Their mission is to provide these young girls with the necessary educational resources to enhance their opportunities and chances in life. The foundation accomplishes this mission by implementing programs such as the Mahindra United World College and offering scholarship opportunities. The organization's goal is to empower these girls to pursue their education and build a better future for themselves.
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
Who is the CEO of Mahindra Foundation?
Kulashekar Raghavan is the Director of Mahindra Foundation. The CEO's salary of Mahindra Foundation is $0 and their total compensation is $0.
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
What is the revenue of Mahindra Foundation?
Mahindra Foundation's revenue in 2022 was $556,535.
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
Who are the executives of Mahindra Foundation and what are their salaries?
Here are 12 key members and their salaries (Mahindra Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
Where can I find the form 990 for Mahindra Foundation?
Mahindra Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mahindrapowertrain.com/mahindra-foundation-usa.html
Learn more at the official website: www.mahindrapowertrain.com/mahindra-foundation-usa.html
Mission Statement of Mahindra Foundation
Mahindra Foundation, a non-profit organization, is committed to empowering underprivileged girl children in India by providing them with educational assistance. Through the KC Mahindra Education Trust, the foundation executes its mission. The Mahindra Foundation offers various programs, one of which is the Mahindra United World College. This institution provides educational opportunities to deserving girls, enabling them to overcome their financial constraints and pursue their academic goals. Furthermore, the foundation offers scholarship opportunities to these young girls, ensuring that financial barriers do not hinder their educational journey. By investing in the education of underprivileged girl children, Mahindra Foundation is contributing significantly to India's future, fostering a generation of educated and empowered women.
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Impact
July, 2024
Mahindra Foundation provides educational assistance to underprivileged girl children in India through the KC Mahindra Education Trust. The foundation offers programs like the Mahindra United World College and provides scholarship opportunities. Its impact is significant in empowering these girls to break the cycle of poverty through education, ultimately leading to a brighter future for them and their communities.
This information is meant to be a general summary of Mahindra Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $556,535
Assets and Liabilities:
- Total Assets: $590,661
- Total Liabilities: $0
- Net Assets: $590,661
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Organization Details
Founding Year
2006
Phone
(650) 386-4001Principal Officer
Kulashekar Raghavan
Main Address
10 Almaden Blvd STE 990, San Jose, CA, 95113
NTEE Category
Code: Q30 - International
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