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Bavishi Family Charitable Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 336360959 ✦ Danville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bavishi Family Charitable Trust?

The Bavishi Family Charitable Trust, established with a US address in Danville, Illinois, is a nonprofit organization primarily focused on distributing funds for charitable, religious, literary, or educational purposes. Their mission, as stated in the trust's description, empowers their trustees to distribute funds for these specific purposes at their discretion. This philanthropic endeavor aims to contribute positively to various sectors, including social, religious, educational, and literary projects, without any specific limitations mentioned in the provided information.

Is Bavishi Family Charitable Trust legitimate?

Bavishi Family Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bavishi Family Charitable Trust 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bavishi Family Charitable Trust?

The Bavishi Family Charitable Trust has the authority to distribute funds for charitable, religious, literary, or educational purposes at their discretion. Their mission lies in supporting causes that fall under these categories, aiming to make a positive impact in various fields. The trustees possess the power to allocate these funds as they see fit, with a focus on contributing to the betterment of society through these designated categories.

Who is the CEO of Bavishi Family Charitable Trust?

Sonal Bavishi is the Trustee of Bavishi Family Charitable Trust.

What is the revenue of Bavishi Family Charitable Trust?

Bavishi Family Charitable Trust's revenue in 2021 was $100,004.

Who are the executives of Bavishi Family Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Sonal Bavishi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bavishi Family Charitable Trust?

Bavishi Family Charitable Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Bavishi Family Charitable Trust

The Bavishi Family Charitable Trust is a philanthropic organization that holds the power and authority to distribute funds at their discretion, primarily for charitable, religious, literary, or educational purposes. The trustees of this organization have the responsibility to allocate resources to various causes that align with these categories, aiming to make a positive impact in these sectors. By providing financial support to these areas, the Bavishi Family Charitable Trust seeks to contribute to the betterment of society and promote learning, spiritual growth, and community development.

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Impact




October, 2024

Bavishi Family Charitable Trust plays a significant role in enhancing the well-being of individuals and communities through its dedicated focus on charitable, religious, literary, and educational initiatives. By strategically distributing resources, the Trust addresses essential needs and fosters growth in these vital areas.

Its impact can be seen in the support it provides for religious programs that strengthen community ties and promote spiritual development. The Trust also invests in educational projects that empower individuals with knowledge and skills, paving the way for personal and professional advancement. Furthermore, by supporting literary endeavors, it helps to cultivate a culture of reading and creativity, contributing to a more informed and engaged society.

Located in Danville, IL, the Trust's commitment reflects a proactive approach to philanthropy, ensuring that its contributions are made thoughtfully and effectively to foster positive change and development in the communities it serves.




This information is meant to be a general summary of Bavishi Family Charitable Trust. 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.

Revenue
$100,004 (2021)
Expenses
$109,067 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $4
  • Gross Receipts: $100,004

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2018

Principal Officer

Sonal Bavishi

Main Address

61 Shorewood Point, Danville, IL, 61832

NTEE Category

Code: X70 - Religion related

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