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Kolkata Foundation Inc

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

EIN: 814479308 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Kolkata Foundation Inc?

Kolkata Foundation Inc is a global nonprofit organization based in Princeton, New Jersey, with a mission to enhance the lives of underprivileged individuals in Kolkata. Through high-impact social initiatives, they focus on education, women's empowerment, and healthcare. One of their significant projects is supporting the Samaritan Public School in Bankra, providing education to over 1,300 local children from slums. During the COVID-19 pandemic, they partnered with Ek Tara to offer remedial learning classes to over 300 underprivileged primary and middle school students in Kolkata. Additionally, they support seven Mukti Support Schools in the Sunderban areas to bridge the rural-urban gap in literacy, reaching around 450 students. The organization's vision is to unite, give, and kindle hope, inspiring positive change in Kolkata's underprivileged communities.


Official website here: www.kolkatafoundation.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating.

Kolkata Foundation Inc has achieved an impressive 100% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The foundation's overall score is derived entirely from its accountability practices, highlighting a commitment to transparency and responsible management of its resources. The 100% independent board, consisting of three members, further reinforces the nonprofit's governance and oversight.

The organization excels in various metrics, including a program expense ratio of 94.84%, indicating that a significant portion of its funds is directed toward its mission-related activities. Additionally, it has demonstrated a strong adherence to best practices with policies in place for conflict of interest, whistleblower protections, and document retention. The absence of material diversion of assets and a low liabilities to assets ratio of 0.35% further underscore its financial stability.

While the foundation has received high marks for its operational practices, the focus on financial accountability may leave some potential donors seeking more information on programmatic impact. Nevertheless, the overall rating and transparency practices suggest that Kolkata Foundation Inc is a reputable nonprofit with a solid commitment to its mission and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Kolkata Foundation Inc legitimate?

Kolkata Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kolkata Foundation Inc 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


Official website here: www.kolkatafoundation.org/

What is the mission statement of Kolkata Foundation Inc?

Kolkata Foundation, a global non-profit organization, is dedicated to improving the lives of underprivileged individuals through high-impact social interventions in the areas of Education, Women's Empowerment, and Healthcare. It serves as a call to action, encouraging unity, giving, and fostering hope to bring about change. The organization's mission is to make a significant impact in these sectors, aiming to uplift and better the lives of those in need.

Through various initiatives, Kolkata Foundation has demonstrated its commitment to this cause. For instance, it has supported Samaritan Public School, providing education to over 1,300 underprivileged children in local slum areas. Additionally, the organization has collaborated with Ek Tara to offer remedial learning programs, helping over 300 underprivileged primary and middle school children in Kolkata recover from learning loss caused by the Covid-19 pandemic. Furthermore, the foundation has supported seven centers of Mukti Support Schools in Sunderban areas, reaching out to approximately 450 students and aiming to bridge the rural-urban gap in literacy.


Official website here: www.kolkatafoundation.org/

Who is the CEO of Kolkata Foundation Inc?

Dhritiman Banerjee is the Trustee And President of Kolkata Foundation Inc.


Official website here: www.kolkatafoundation.org/

What is the revenue of Kolkata Foundation Inc?

Kolkata Foundation Inc's revenue in 2022 was $201,083.


Official website here: www.kolkatafoundation.org/

Who are the executives of Kolkata Foundation Inc and what are their salaries?

There 15 volunteers at Kolkata Foundation Inc.


Here are 3 key members and their salaries:


Dhritiman Banerjee (Trustee And President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nitin Kotak (Trustee And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manab Sen (Trustee And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kolkatafoundation.org/

Where can I find the form 990 for Kolkata Foundation Inc?

Kolkata Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kolkatafoundation.org/

Learn more at the official website: www.kolkatafoundation.org/

Mission Statement of Kolkata Foundation Inc

Kolkata Foundation, a global non-profit organization, is committed to enhancing the lives of underprivileged individuals in Kolkata. Through high-impact social interventions in Education, Women's Empowerment, and Healthcare, this organization serves as a call to action for unity, giving, and inspiring hope. Its mission is to improve the living conditions of these underprivileged individuals in Kolkata, aiming to make a significant difference in their lives.

Specifically, Kolkata Foundation focuses on three key areas: Education, Women's Empowerment, and Healthcare. In the field of Education, the organization supports various projects, such as providing education to over 1,300 underprivileged children at the Samaritan Public School in Bankra, West Bengal. Additionally, Kolkata Foundation collaborates with Ek Tara to offer remedial learning initiatives for 300 underprivileged primary and middle school children in Tiljala and Topsia bustees in Kolkata, helping them overcome learning loss due to the Covid-19 pandemic. Further, the organization supports seven centers of Mukti Support Schools in Sunderban areas, with an aim to bridge the rural-urban gap in literacy, reaching around 450 students.

In terms of Women's Empowerment, Kolkata Foundation's mission is to uplift women in the community. Although there is no specific information provided in the information array, it is safe to infer that the organization likely aims to empower women through various means, such as skill development, financial education, and advocacy. Ultimately, Kolkata Foundation's mission is to create a positive impact and bring about meaningful change in the lives of the underprivileged in Kolkata, embodying the spirit of unity, giving, and hope.

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Impact




October, 2024

Kolkata Foundation Inc significantly improves the lives of the underprivileged in Kolkata through targeted interventions in education, women's empowerment, and healthcare. Its education initiatives have made a profound impact, such as supporting the Samaritan Public School in Bankra, which provides education to approximately 1,375 underprivileged children from local slum areas.

By addressing the setbacks caused by the pandemic, the foundation launched a remedial learning program with Ek Tara, assisting around 300 primary and middle school children in Tiljala and Topsia. Through nearly 1,100 hours of remedial classes over 850 days, these children have been able to recover from learning losses incurred due to COVID-19. Additionally, the foundation supports seven Mukti Support Schools in the Sunderban region, reaching around 450 students and working to bridge the literacy gap between rural and urban areas.

Kolkata Foundation's commitment to these high-impact social interventions not only provides immediate educational support but also fosters long-term empowerment for vulnerable communities, instilling hope and creating pathways for a better future.




This information is meant to be a general summary of Kolkata Foundation Inc. 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
$201,083 (2022)
Expenses
$85,642 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $145
  • Gross Receipts: $201,083

Assets and Liabilities:

  • Total Assets: $630,577
  • Total Liabilities: $0
  • Net Assets: $630,577

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Organization Details

Founding Year

2016

Principal Officer

Dhritiman Banerjee

Main Address

54 CLARKE CT, PRINCETON, NJ, 085406759

NTEE Category

Code: Q33 - International

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