Overview
What is Sidhpur Foundation?
Sidhpur Foundation is a nonprofit organization situated in Sugar Land, Texas. With a single-digit staff strength, its primary mission is to enhance the educational status of communities originating from Sidhpur, spanning across the USA, Canada, India, and Pakistan. The foundation achieves this by disseminating information, offering advice, and providing guidance along with various resources. In addition to these initiatives, they extend financial aid to low-income students from the Sidhpur community, offering them low-interest loans totaling $67,700 for higher education during the year.
Official website here: www.sidhpurfoundaton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Sidhpur Foundation has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 83%, the foundation demonstrates a solid commitment to transparency and responsible financial management. The accountability metrics highlight an independent board of directors, with all members being independent, which enhances the credibility of the organization.
Strengths include the absence of material diversion of assets, a high program expense ratio of 85.45%, and the presence of essential policies such as conflict of interest and documented board meeting minutes. These factors suggest that the foundation prioritizes its mission and uses donations effectively to further its objectives.
However, there are areas for improvement, particularly concerning the lack of a whistleblower policy and a document retention policy. Addressing these gaps could further strengthen the organization's governance framework and enhance stakeholder trust. Overall, Sidhpur Foundation stands out for its fiscal responsibility and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Sidhpur Foundation legitimate?
Sidhpur Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sidhpur 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,674
For more financial information, click here
Official website here: www.sidhpurfoundaton.org
What is the mission statement of Sidhpur Foundation?
The Sidhpur Foundation's mission is centered around enhancing the educational status of communities originating from Sidhpur, spanning across the United States, Canada, India, and Pakistan. To accomplish this, the organization offers information, advice, guidance, and various resources. Their primary goal is to assist low-income students from these communities in pursuing higher education by providing financial aid in the form of low-interest loans. Overall, the Sidhpur Foundation aims to contribute to the educational growth and advancement of these communities.
Official website here: www.sidhpurfoundaton.org
Who is the CEO of Sidhpur Foundation?
Aashna Maredia is the President of Sidhpur Foundation.
Official website here: www.sidhpurfoundaton.org
What is the revenue of Sidhpur Foundation?
Sidhpur Foundation's revenue in 2022 was $52,625.
Official website here: www.sidhpurfoundaton.org
Who are the executives of Sidhpur Foundation and what are their salaries?
The average compensation at Sidhpur Foundation during 2022 was $21,674. There is 1 employee and 6 volunteers at Sidhpur Foundation.
Here are 6 key members and their salaries:
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- Other: $0
Official website here: www.sidhpurfoundaton.org
Where can I find the form 990 for Sidhpur Foundation?
Sidhpur Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sidhpurfoundaton.org
Learn more at the official website: www.sidhpurfoundaton.org
Mission Statement of Sidhpur Foundation
Sidhpur Foundation, a nonprofit organization, is committed to enhancing the educational status of communities originating from Sidhpur in the United States, Canada, India, and Pakistan. To achieve this goal, the foundation offers a wealth of resources, including information, advice, and guidance. By providing these essential tools, the organization aims to empower individuals from these communities to pursue higher education and improve their overall educational standing.
In the course of a year, Sidhpur Foundation demonstrates its commitment to this mission by extending low-interest loans to financially underprivileged students from the Sidhpur community, totaling $67,700. These loans serve as a vital stepping stone for students seeking higher education, helping to alleviate financial burdens and enabling them to focus on their studies. By offering such support, the foundation plays a crucial role in fostering educational opportunities and empowering the next generation of Sidhpur community members.
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Impact
August, 2024
Sidhpur Foundation's impact can be seen in the tangible assistance it provides to low-income students within the Sidhpur community. Through the provision of 11 low-interest loans totaling $67,700 for higher education, the foundation directly contributes to improving the educational status of individuals who might otherwise struggle to access such opportunities. By focusing on education, Sidhpur Foundation not only empowers these students but also invests in the future potential and success of the Sidhpur community as a whole.
This information is meant to be a general summary of Sidhpur 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: $12,857
- Program Service Revenue: $17,748
- Gross Receipts: $59,349
Assets and Liabilities:
- Total Assets: $1,955,506
- Total Liabilities: $2,370
- Net Assets: $1,953,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT LOAN INTEREST
Revenue
$17,748
Organization Details
Founding Year
1997
Principal Officer
Aashna Maredia
Main Address
800 BONAVENTURE WAY STE 162, SUGAR LAND, TX, 77479
Website
www.sidhpurfoundaton.orgNTEE Category
Code: T12 - Philanthropy
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