Overview
What is Iit Gandhinagar Foundation?
Iit Gandhinagar Foundation is a nonprofit organization situated in Palo Alto, California. Their primary objective is to foster excellence in research and education within the Indian Institute of Technology (IIT) Gandhinagar. They accomplish this by offering financial and other resources to support the students and faculty at IIT Gandhinagar. This commitment to education and research is integral to their mission, aiming to promote academic growth and advancement within the institution.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Iit Gandhinagar Foundation has some strengths, there are areas that need improvement to enhance their overall accountability and financial management.
One of the foundation's notable strengths is its governance structure, boasting a fully independent board with 100% of its members being independent, which reflects strong oversight. Additionally, the foundation has demonstrated excellent financial health, marked by a zero liabilities to assets ratio and a high program expense ratio of 99.34%, ensuring that the vast majority of its funds are directly supporting its programs.
However, the overall Two-Star rating suggests that there are significant challenges that the organization faces, which may impact its effectiveness and sustainability. While the foundation performs well in several financial metrics, potential donors and stakeholders may want to consider these limitations before fully engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Iit Gandhinagar Foundation legitimate?
Iit Gandhinagar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iit Gandhinagar 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.
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What is the mission statement of Iit Gandhinagar Foundation?
The Iit Gandhinagar Foundation's mission is centered around funding and promoting education and research within the Indian Institute of Technology, Gandhinagar. This is accomplished by providing both financial and other necessary resources. The organization's primary goal is to advance the academic pursuits of its students and faculty, striving for excellence in research and education.
In essence, the Iit Gandhinagar Foundation serves as a catalyst, offering the necessary support to propel the educational and research endeavors of its associated institute to new heights. By doing so, it contributes to the broader academic community, fostering growth and progress in the field of technology and innovation.
Who is the CEO of Iit Gandhinagar Foundation?
Ruyintan Mehta is the President of Iit Gandhinagar Foundation.
What is the revenue of Iit Gandhinagar Foundation?
Iit Gandhinagar Foundation's revenue in 2022 was $1,261,322.
Who are the executives of Iit Gandhinagar Foundation and what are their salaries?
There 8 volunteers at Iit Gandhinagar Foundation.
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Where can I find the form 990 for Iit Gandhinagar Foundation?
Iit Gandhinagar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iit Gandhinagar Foundation
The IIT Gandhinagar Foundation is dedicated to advancing education and research within the Indian Institute of Technology (IIT) Gandhinagar. To accomplish this mission, the organization provides both financial and non-financial resources to students and faculty. By doing so, the foundation aims to foster excellence in research and education within the institution.
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Impact
October, 2024
IIT Gandhinagar Foundation plays a pivotal role in enhancing the educational and research landscape at the Indian Institute of Technology, Gandhinagar. By providing targeted financial support and resources, the foundation enables both students and faculty to pursue excellence in their respective fields. The grants awarded by the foundation facilitate innovative research projects and academic endeavors, fostering an environment of intellectual curiosity and growth.
This philanthropic support not only enhances the academic experience for students but also empowers faculty to engage in cutting-edge research, ultimately contributing to the advancement of knowledge and technology. Through its initiatives, the foundation strengthens the institution's capacity to produce highly skilled graduates and impactful research, underscoring its commitment to promoting education and research in a dynamic and competitive global landscape. Moreover, the foundation's efforts help cultivate a vibrant academic community that can better address pressing societal challenges through interdisciplinary collaboration and innovation.
This information is meant to be a general summary of Iit Gandhinagar 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.
- Investment Income: $13,341
- Gross Receipts: $1,261,322
Assets and Liabilities:
- Total Assets: $487,416
- Total Liabilities: $0
- Net Assets: $487,416
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Organization Details
Founding Year
2009
Phone
(925) 425-0598Principal Officer
Ruyintan Mehta
Main Address
450 Melville Ave, Palo Alto, CA, 94301
NTEE Category
Code: B124 - Education
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