Overview
What is The Ballal Rao Foundation A New Jersey Nonprofit Corporation?
The Ballal Rao Foundation, established as a New Jersey nonprofit corporation, is dedicated to providing assistance to exempt educational organizations and other eligible charitable entities. It accomplishes this mission by making charitable contributions. Beyond this, the foundation has also extended its support to a local hospital foundation, demonstrating its commitment to various charitable causes in the community.
Is The Ballal Rao Foundation A New Jersey Nonprofit Corporation legitimate?
The Ballal Rao Foundation A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ballal Rao Foundation A New Jersey Nonprofit Corporation 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
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What is the mission statement of The Ballal Rao Foundation A New Jersey Nonprofit Corporation?
The Ballal Rao Foundation, a nonprofit organization, is committed to supporting exempt educational institutions and other charitable organizations. By providing contributions, the foundation aims to contribute to their ongoing work and initiatives. In addition to supporting educational organizations, the foundation has also extended its assistance to a local hospital foundation. The mission of The Ballal Rao Foundation is centered around providing financial support and resources to these exempt organizations, aiming to contribute positively to their respective causes.
What is the revenue of The Ballal Rao Foundation A New Jersey Nonprofit Corporation?
The Ballal Rao Foundation A New Jersey Nonprofit Corporation's revenue in 2024 was $475,334.
Who are the executives of The Ballal Rao Foundation A New Jersey Nonprofit Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Ballal Rao Foundation A New Jersey Nonprofit Corporation?
The Ballal Rao Foundation A New Jersey Nonprofit Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Ballal Rao Foundation A New Jersey Nonprofit Corporation
The Ballal Rao Foundation, a New Jersey-based nonprofit corporation, is dedicated to supporting exempt educational organizations and other exempt charitable entities. In line with its mission, the foundation extends its aid through contributions, aiming to uplift these organizations and further their causes. Beyond this, the foundation has also extended its support to a local hospital foundation. By providing financial assistance and resources, The Ballal Rao Foundation contributes to the growth and success of various exempt organizations, ultimately contributing to the betterment of their respective communities.
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Impact
October, 2024
The Ballal Rao Foundation plays a significant role in enhancing educational opportunities and supporting charitable initiatives within the community. By providing financial contributions, the foundation empowers exempt educational organizations, enabling them to expand their programs and reach more students.
In addition to its educational support, the foundation has made a meaningful impact by contributing to a local hospital foundation, demonstrating a commitment to health and well-being in the Springfield, NJ area. Through its efforts, the foundation not only fosters academic growth but also strengthens the social fabric by addressing broader community needs, ultimately contributing to a more educated and healthier population.
This information is meant to be a general summary of The Ballal Rao Foundation A New Jersey Nonprofit Corporation. 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 2024.
- Investment Income: $25,946
- Gross Receipts: $602,186
Assets and Liabilities:
- Total Assets: $497,030
- Total Liabilities: $0
- Net Assets: $497,030
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Organization Details
Founding Year
2017
Principal Officer
Kishore Ballal
NTEE Category
Code: B24 - Education
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