Overview
What is Iitkgp Foundation?
The Iitkgp Foundation is a nonprofit organization headquartered at 11218 John Galt Blvd, Omaha, NE 68137. Its primary mission is to enhance the capabilities of the Indian Institute of Technology, Kharagpur, India. In 2022, the foundation allocated substantial resources towards refurbishing and renovating one of the dormitory halls on the campus. As a nonprofit, Iitkgp Foundation's activities are geared towards supporting the growth and development of the Indian Institute of Technology, Kharagpur.
Official website here: www.iitkgpfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 82%, Three-Star out of Four Star rating.
The Iitkgp Foundation has received an 82% rating from Charity Navigator, indicating a stable and well-managed organization. The foundation boasts a perfect score for accountability and finance, highlighting its commitment to transparency and effective governance, supported by a fully independent board. Additionally, the organization demonstrates strong fiscal health with a high program expense ratio of 92.78%, ensuring that a significant portion of its resources directly supports its mission.
Strengths of the Iitkgp Foundation include its robust fiscal practices, such as a zero liabilities to assets ratio and efficient fundraising methods. There are no reported material diversions of assets, and the foundation maintains a solid working capital ratio of 2.53 years, reflecting its ability to sustain operations and meet financial commitments. These factors suggest a reliable organization that prioritizes the effective use of donations.
One limitation might be the lack of publicly available qualitative feedback from beneficiaries or community members regarding the foundation's impact. While financial metrics are strong, narratives about the foundation's programs and their outcomes could provide a more comprehensive understanding of its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Iitkgp Foundation legitimate?
Iitkgp Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iitkgp 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iitkgpfoundation.org/
What is the mission statement of Iitkgp Foundation?
The IITKGP Foundation is a non-profit organization dedicated to enhancing the capabilities of the Indian Institute of Technology, Kharagpur. Its mission is to contribute to the institution's growth by investing resources and efforts. In 2022, the foundation demonstrated its commitment by investing significantly in refurbishing and renovating one of the dormitory halls on the campus. The IITKGP Foundation's primary goal is to support and strengthen the Indian Institute of Technology, Kharagpur, thereby contributing to the advancement of education and research in the field of technology.
Official website here: www.iitkgpfoundation.org/
Who is the CEO of Iitkgp Foundation?
Rakesh Gupta is the President of Iitkgp Foundation.
Official website here: www.iitkgpfoundation.org/
What is the revenue of Iitkgp Foundation?
Iitkgp Foundation's revenue in 2022 was $2,650,060.
Official website here: www.iitkgpfoundation.org/
Who are the executives of Iitkgp Foundation and what are their salaries?
There 9 volunteers at Iitkgp Foundation.
Here are 9 key members and their salaries:
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Official website here: www.iitkgpfoundation.org/
Where can I find the form 990 for Iitkgp Foundation?
Iitkgp Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iitkgpfoundation.org/
Learn more at the official website: www.iitkgpfoundation.org/
Mission Statement of Iitkgp Foundation
The IITKGP Foundation, a non-profit organization, is committed to enhancing the capabilities of the Indian Institute of Technology, Kharagpur. Its mission is to contribute to the institution's growth and development, aiming to elevate its standing in the field of technology education. This dedication to improvement is evident in the significant resources the foundation allocated in 2022 towards refurbishing and renovating one of the dormitory halls on the campus. This investment in infrastructure demonstrates the foundation's ongoing commitment to supporting the Indian Institute of Technology, Kharagpur, in its endeavors.
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Impact
July, 2024
Iitkgp Foundation's impact can be seen in its efforts to enhance the capability of the Indian Institute of Technology, Kharagpur. In 2022, the foundation allocated significant resources towards renovating one of the dormitory halls on the campus. This initiative not only improved the living conditions for students but also contributed to the overall infrastructure development of the institute. The foundation's work plays a crucial role in supporting the educational and research endeavors of one of India's premier technical institutions.
This information is meant to be a general summary of Iitkgp 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: $283,870
- Gross Receipts: $4,156,393
Assets and Liabilities:
- Total Assets: $2,975,671
- Total Liabilities: $0
- Net Assets: $2,975,671
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Organization Details
Founding Year
1991
Phone
(402) 403-4982Principal Officer
Rakesh Gupta
Main Address
11218 JOHN GALT BLVD 201, OMAHA, NE, 68137
Website
www.iitkgpfoundation.org/NTEE Category
Code: Q200 - International
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