Tera Koti Reddy Charitable Foundation

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

EIN: 844149177 ✦ Saratoga, CA ✦ Designated as a 501(c)(3)

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Overview

What is Tera Koti Reddy Charitable Foundation?

The Tera Koti Reddy Charitable Foundation, situated in Saratoga, California, is a nonprofit organization committed to making a positive impact in various aspects of life. Their primary mission involves conducting educational, health, and poverty relief initiatives, aiming to aid disadvantaged individuals and communities. As part of their mission, they recently contributed to a training program designed to empower individuals looking to establish businesses in opportunity zones. The Foundation's activities extend beyond this, as they continue to engage in various helpful tasks aimed at uplifting the lives of the impoverished.

Is Tera Koti Reddy Charitable Foundation legitimate?

Tera Koti Reddy Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tera Koti Reddy Charitable 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: $0

For more financial information, click here

What is the mission statement of Tera Koti Reddy Charitable Foundation?

The Tera Koti Reddy Charitable Foundation is dedicated to carrying out various charitable activities aimed at alleviating poverty, improving health, and promoting education among disadvantaged individuals. Their mission encompasses conducting these relief efforts and providing assistance in other helpful ways to those in need. Recently, the foundation has contributed to a training program designed to help individuals from disadvantaged backgrounds start their own businesses in opportunity zones.

Who is the CEO of Tera Koti Reddy Charitable Foundation?

Tera Koti Reddy is the President of Tera Koti Reddy Charitable Foundation.

What is the revenue of Tera Koti Reddy Charitable Foundation?

Tera Koti Reddy Charitable Foundation's revenue in 2022 was $140,987.

Who are the executives of Tera Koti Reddy Charitable Foundation and what are their salaries?


Here are 5 key members and their salaries:


Tera Koti Reddy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Reddy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Poornima Ramamoorthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Satheesh Gannamraju (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharat Kona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tera Koti Reddy Charitable Foundation?

Tera Koti Reddy Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tera Koti Reddy Charitable Foundation

Tera Koti Reddy Charitable Foundation is dedicated to carrying out various charitable activities aimed at addressing education, health, and poverty issues among the less fortunate. In line with this mission, the foundation focuses on conducting programs that aim to alleviate these challenges and provide assistance where it's needed most. One of their initiatives involves contributing to the training of disadvantaged individuals interested in starting a new business within opportunity zones. By providing this support, the Tera Koti Reddy Charitable Foundation aims to empower individuals and communities, ultimately contributing to a more equitable society.

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Impact




October, 2024

Tera Koti Reddy Charitable Foundation significantly impacts its community by focusing on education, health, and poverty alleviation for those in need. Through various initiatives, the foundation contributes to training programs specifically designed for disadvantaged individuals seeking to launch their own businesses in opportunity zones. This approach not only empowers participants with essential skills and knowledge but also stimulates economic growth within these underserved areas.

Based in Saratoga, CA, the foundation embodies a commitment to enhancing the lives of the poor by addressing the root causes of poverty. By providing access to education and health resources, they enable individuals to improve their circumstances and pursue sustainable employment opportunities. The foundation plays a crucial role in creating pathways to financial independence, fostering a more equitable society.




This information is meant to be a general summary of Tera Koti Reddy Charitable 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.

Revenue
$140,987 (2022)
Expenses
$3,790 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,587
  • Gross Receipts: $140,987

Assets and Liabilities:

  • Total Assets: $1,177,220
  • Total Liabilities: $0
  • Net Assets: $1,177,220

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Organization Details

Founding Year

2019

Principal Officer

Tera Koti Reddy

Main Address

21764 Congress Hall Lane, Saratoga, CA, 95070

NTEE Category

Code: J20 - Employment

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