AGGARWAL & GUPTA FAMILY FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- AGGARWAL & GUPTA FAMILY FOUNDATION INC (EIN 59-3623323)
- Tax period
- 2012-12-01 to 2013-11-30
- Filed
- 2014-10-15
- IRS object ID
- 201402899349300200
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-10-15T17:30:54-05:00 | Timestamp |
| Tax Period End Date | 2013-11-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593214308 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVERETT WARMUS DURKEE PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1417 E CONCORD STREET | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-12-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593623323 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIVEK WELFARE AND EDUCATIONAL FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VIVE | NameControl |
| Phone | 4073527275 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 VINELAND ROAD SUITE 200 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32811 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRAHAM AGGARWAL | Name |
| Title | CHAIRMAN OF THE BOARD | Title |
| Phone | 4073527275 | Phone |
| Date Signed | 2014-10-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHRYN L ENNIS CPA | Name |
| PTIN | P00446812 | PTIN |
| Phone | 4078491569 | Phone |
| Date Prepared | 2014-10-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRAHAM AGGARWAL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9030 SOUTHERN BREEZE DR | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32836 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1794195 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF THIS ORGANIZATION IS TO MAKE GRANTS TO FOUR SPECIFIED PUBLIC CHARITIES AND ORGANIZATIONS SUPPORTED BY THESE SPECIFIC CHARITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -341990 | InvestmentIncomePriorYear |
| Investment Income Current Year | -255165 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1800 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1800 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -320190 | TotalRevenuePriorYear |
| Total Revenue Current Year | -253365 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 30777 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 692300 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 187078 | OtherExpensePriorYear |
| Other Expenses Current Year | 621636 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 217855 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1313936 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -538045 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1567301 | RevenuesLessExpensesCY |
| Total Assets BOY | 50384762 | TotalAssetsBOY |
| Total Assets EOY | 48831221 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13760 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 50384762 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 48817461 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO FOUR SPECIFIED PUBLIC CHARITIES AND ORGANIZATIONS SUPPORTED BY THESE CHARITIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 50000 | Expense |
| Grants | 50000 | Grants |
| Description | PAYMENT TO HINDU AMERICAN FOUNDATION TO PROVIDE VEDIC/HINDU CULTURAL EDUCATION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 35000 | Expense |
| Grants | 35000 | Grants |
| Description | PAYMENT TO HINDU UNIVERSITY OF AMERICA TO PROVIDE VEDIC/HINDU CULTURAL EDUCATION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 500000 | Expense |
| Grants | 500000 | Grants |
| Description | PAYMENT TO COMMUNITY FOUNDATION OF CENTRAL FLORIDA PROVIDES VEDIC/HINDU CULTURAL EDUCATION. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 107300 | Expense |
| Grants | 107300 | Grants |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 107300 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 107300 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 692300 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAHAM R AGGARWAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4073527275 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9030 SOUTHERN BREEZE DRIVE | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32836 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (6 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BRAHAM AGGARWAL | ||||||
| CHAIRMAN OF THE BOARD | 3.00 | X | X | 0 | 0 | 0 |
| SURESH GUPTA | ||||||
| TREASURER | 0.00 | X | X | 0 | 0 | 0 |
| MARK BREWER | ||||||
| VICE PRESIDENT | 0.00 | X | X | 0 | 0 | 0 |
| ABHINAV DWIVEDI | ||||||
| PRESIDENT/SECRETARY | 0.00 | X | X | 0 | 0 | 0 |
| DR CHANDRESH SARAIYA | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| NIKHIL JOSHI | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27395 | TotalRevenueColumn |
| Exclusion | $27,395 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1800 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1800 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1800 | TotalRevenueColumn |
| Exclusion | $1,800 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1765000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 2047560 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -282560 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -282560 | TotalRevenueColumn |
| Exclusion | -$282,560 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -253365 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$253,365 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 692300 | Total |
| Program Services | 692300 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76399 | Total |
| Management And General | 76399 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13700 | Total |
| Management And General | 13700 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15118 | Total |
| Management And General | 15118 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| BAD DEBT | 400000 | 400000 |
| REAL ESTATE TAXES | 105404 | 105404 |
| LANDSCAPING | 5785 | 5785 |
| HOA DUES | 5048 | 5048 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182 | Total |
| Management And General | 182 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1313936 | Total |
| Program Services | 692300 | ProgramServices |
| Management And General | 621636 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1001457 | BOY |
| EOY | 229802 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 250000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2800000 | BOY |
| EOY | 2400000 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45533305 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500000 | BOY |
| EOY | 500000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 45151419 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000 | BOY |
| EOY | 300000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50384762 | BOY |
| EOY | 48831221 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 13760 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 13760 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50384762 | BOY |
| EOY | 48817461 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50384762 | BOY |
| EOY | 48817461 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50384762 | BOY |
| EOY | 48831221 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1567301 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation (4 entries)
| EINEIN | Type Of OrganizationTypeOfOrganization | Listed In Governing DocListedInGoverningDoc | Supported Organization NotifiedSupportedOrganizationNotified | Organized In USOrganizedInUS | AmountAmount |
|---|---|---|---|---|---|
| COMMUNITY FOUNDATION OF CENTRAL FLORIDA INC | |||||
| 593182886 | 11A | 1 | 1 | 1 | $500,000 |
| HINDU UNIVERSITY OF NORTH AMERICA INC | |||||
| 592977691 | 11A | 1 | 1 | 1 | $35,000 |
| HINDU AMERICAN FOUNDATION INC | |||||
| 680551525 | 11A | 1 | 1 | 1 | $50,000 |
| EKAL VIDYALAYA FOUNDATION OF USA | |||||
| 770554248 | 11A | 1 | 1 | 1 | $7,300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 4 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 592300 | SumOfAmounts |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 43651419 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BRB STAR PIPE INVESTMENT | Description |
| Book Value | 1500000 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 45151419 | TotalOfBookValueSecurities |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| EKAL VIDYALAYA FOUNDATION OF USA | ||||||||
| 4023 WESTHOLLOW PARKWAY | HOUSTON | TX | 770824611 | 770554248 | 501(C)(3) | 7300 | BOOK | THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TO DONATE TO OTHER 501(C)(3) ORGANIZATIONS.THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TO DONATE TO OTHER 501(C)(3) ORGANIZATIONS. |
| HINDU UNIVERSITY OF AMERICA INC | ||||||||
| 113 E ECONLOCKHATCHEE TRAIL | ORLANDO | FL | 32825 | 592977691 | 501(C)(3) | 35000 | BOOK | THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TOTHE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TO |
| HINDU AMERICAN FOUNDATION | ||||||||
| 910 17TH ST NW SUITE 1180 | WASHINGTON | DC | 20006 | 680551525 | 501(C)(3) | 50000 | BOOK | THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TO DONATE TO OTHER 501(C)(3) ORGANIZATIONS. |
| COMMUNITY FOUNDATION | ||||||||
| 1411 EDGEWATER DRIVE SUITE 203 | ORLANDO | FL | 32804 | 593182886 | 501(C)(3) | 500000 | BOOK | THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION TO FOUR NAMED CHARITIES WITH THE OPTION TO DONATE TO OTHER 501(C)(3) ORGANIZATIONS. |
| PARAM SJAKTI PEETH OF AMERICA | ||||||||
| 3301 W IMPERIAL HWY | INGLEWOOD | CA | 90303 | 710916422 | 501(C)(3) | 100000 | BOOK | GENERAL SUPPORT TOWARDS THE ORGANIZATION'S EXEMPT PURPOSE. |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: FUNDS REQUESTED BY CHARITIES ARE REVIEWED AND APPROVED BY THE BOARD PRIOR TO BEING DISBURSED. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| PARK SQUARE ENTERPRISES | |||
| CHAIRMAN AND TREASURER OF VIVEK HAVE INDIRECT & DIRECT OWNERSHIP INTEREST | 1190000 | SALE OF LAND BY VIVEK WELFARE AND EDUCATIONAL FOUNDATION TO PARK SQUARE ENTERPRISES. THE CHAIRMAN OF THE BOARD OF VIVEK WELFARE AND EDUCATIONAL FOUNDATION IS AN INDIRECT SHAREHOLDER OF PARK SQUARE ENTERPRISES AND HAS A GREATER THAN 35 PERCENT INDIRECT OWNERSHIP INTEREST. THE TREASURER OF VIVEK WELFARE AND EDUCATIONAL FOUNDATION IS A DIRECT SHAREHOLDER OF PARK SQUARE ENTERPRISES AND HAS A GREATER THAN 35 PERCENT OWNERSHIP INTEREST. THE SALES PRICES WAS DETERMINED BY OBTAINING AN INDEPENDENT APPRAISAL AND THE APPRAISED FAIR MARKET VALUE OF THE PROPERTY WAS THE SELLING PRICE. | 0 |
| (no name) | |||
| 0 | |||
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | INDIVIDUALS WITH FAMILY RELATIONSHIPS: BRAHAM AGGARWAL, DIRECTOR SURESH GUPTA, DIRECTOR EXPLANATION OF RELATIONSHIP: FATHER-IN-LAW / SON-IN-LAW |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA U.S. MAIL OR INSPECTION AT ITS OFFICE. |
| FORM 990, SCHEDULE D, PART VIII | LAND IN THE AMOUNT OF $43,651,419 WAS TRANSFERRED FROM VIVEK WELFARE AND EDUCATIONAL FOUNDATION TO VIVEK INVESTMENT CORPORATION EIN #46-4235031. VIVEK WELFARE AND EDUCATIONAL FOUNDATION OWNS 100% OF VIVEK INVESTMENT CORPORATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIVEK INVESTMENT CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 VINELAND ROAD SUITE 200 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32811 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464235031 | EIN |
| Primary Activities | LAND INVESTMENT | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Total Income | 0 | TotalIncome |
| EOY Assets | 43651409 | EOYAssets |