Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
9th percentile
Higher top officer pay than 9% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Up$29,674,432
Up $12,411,976 (+72%) from 2020
Net Assets
Up$23,184,158
Up $6,251,746 (+37%) from 2020
Liabilities
Up$6,490,274
Up $6,160,230 (+1866%) from 2020
Revenue
Down$2,923,884
Down $14,180,146 (-83%) from 2020
Expenses
Up$1,508,605
Up $961,240 (+176%) from 2020
Net Income
Down$1,415,279
Down $15,141,386 (-91%) from 2020
Sitare foundation is an organization that will provide education to underprivileged children. A mind is a terrible thing to waste. Sitare foundation believes that by giving the brightest children the best possible education, they will grow up to become some of the best professionals this world has witnessed. Sitare foundation is aimed to cultivate a culture or giving and creating bright minds to be net contributors to the society. If each kid that gets benefit in return provides mentorship and guidance to ten or more underprivileged children, the sitare movement will be huge. Sitare foundation has been formed to raise money throughout california and eventually nationwide.
To provide high-quality education to underprivileged children in india.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $16,889,487 | $19,730,565 | ▲ $2,841,078 |
| Investments Other Securities | $0 | $9,866,627 | ▲ $9,866,627 |
| Cash and Non-Interest-Bearing Accounts | $339,425 | $0 | ▼ $339,425 |
| Prepaid Expenses and Deferred Charges | - | $69,260 | - |
| Total Assets | $17,262,456 | $29,674,432 | ▲ $12,411,976 |
| Other Assets Total | $33,544 | $7,980 | ▼ $25,564 |
| Liabilities | |||
| Other Liabilities | $30,044 | $6,490,274 | ▲ $6,460,230 |
| Grants Payable | $300,000 | $0 | ▼ $300,000 |
| Total Liabilities | $330,044 | $6,490,274 | ▲ $6,160,230 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $16,932,412 | $23,114,898 | ▲ $6,182,486 |
| Net Assets With Donor Restrictions | - | $69,260 | - |
| Total Net Assets Fund Balance | $16,932,412 | $23,184,158 | ▲ $6,251,746 |
| Total Liabilities and Net Assets / Fund Balance | $17,262,456 | $29,674,432 | ▲ $12,411,976 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $750,001 | - | - |
| Name | Title |
|---|---|
| Shilpa Singhal | President |
| Pandurang Nayak | CFO |
| Amitabh K Singhal | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $1,430,740 |
| Other Expenses | $77,865 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $1,430,740 | - | - | $1,430,740 |
| Fees for Service Investment Mgmnt Fees | - | $40,581 | - | $40,581 |
| Fees for Services Accounting | - | $27,750 | - | $27,750 |
| Interest | - | $9,534 | - | $9,534 |
| Total Functional Expenses | $1,430,740 | $77,865 | $0 | $1,508,605 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $1,508,605 |
| Expenses per Audited Statements | $1,468,023 |
| Total Expenses per Audited Statements | $1,468,023 |
| Expenses Not Reported on Financial Statements | $40,582 |
| Other Expense Adjustments | $40,582 |
| Expenses Not Reported on Form 990 | $0 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, | Grants to Recipients Located in Region | - | 0 | 0 | $1,430,740 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Margin Payable | $6,462,524 |
| Accrued Expenses | $27,750 |
“Amitabh k. Singhal and shilpa singhal are legally married.”
“The foundation works with its tax preparers to review the form 990 to ensure an accurate filing of the tax return.”
“A detailed conflict of interest policy has been written. It includes detailed procedures for addressing conflict of interest. If there are violations of the conflict of interest policy, appropriate disciplinary and corrective action will be taken.”
“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: 1. Has received a copy of the conflicts of interest policy, 2. Has read and understands the policy, 3. Has agreed to comply with the policy, and 4. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Documents are available to the public upon request.”
“M-1 realized gain 20,720. M-1 dividend income -3,445. M-1 passthrough income/loss 30.”
“Realized gain on investments -20,720. Dividend income 3,445.”
“MANAGEMENT FEES 40,582.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE HIGH-QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN INDIA. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AllOtherContributionsAmt | 0 | 2793165 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FRANK RIMERMAN & CO LLP |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4154391144 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1 EMBARCADERO CENTER SUITE 2410 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SAN FRANCISCO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94111 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 339425 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2793165 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1430740 |
| IRS990/CYInvestmentIncomeAmt | 0 | 130719 |
| IRS990/CYOtherExpensesAmt | 0 | 77865 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1415279 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1508605 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2923884 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | IN ONLY ITS FOURTH YEAR SINCE FORMATION, THE SITARE FOUNDATION HAS SECURED $20 MILLION OF CONTRIBUTIONS TO FURTHER ITS CHARITABLE PURPOSE OF PROVIDING EDUCATION TO UNDERPRIVILEGED CHILDREN IN INDIA. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 69260 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 27750 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 27750 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 40581 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 40581 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 1430740 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 1430740 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SHILPA SINGHAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PANDURANG NAYAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | AMITABH K SINGHAL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -78758 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 106474 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 300000 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 251174 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 17202093 |
| IRS990/GrossReceiptsAmt | 0 | 20349435 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 9534 |
| IRS990/InterestGrp/TotalAmt | 0 | 9534 |
| IRS990/InvestmentExpenseAmt | 0 | -19369 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 103003 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 103003 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 9866627 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 16889487 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 19730565 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 329932 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 17095619 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | SITARE FOUNDATION IS AN ORGANIZATION THAT WILL PROVIDE EDUCATION TO UNDERPRIVILEGED CHILDREN. A MIND IS A TERRIBLE THING TO WASTE. SITARE FOUNDATION BELIEVES THAT BY GIVING THE BRIGHTEST CHILDREN THE BEST POSSIBLE EDUCATION, THEY WILL GROW UP TO BECOME SOME OF THE BEST PROFESSIONALS THIS WORLD HAS WITNESSED. SITARE FOUNDATION IS AIMED TO CULTIVATE A CULTURE OR GIVING AND CREATING BRIGHT MINDS TO BE NET CONTRIBUTORS TO THE SOCIETY. IF EACH KID THAT GETS BENEFIT IN RETURN PROVIDES MENTORSHIP AND GUIDANCE TO TEN OR MORE UNDERPRIVILEGED CHILDREN, THE SITARE MOVEMENT WILL BE HUGE. SITARE FOUNDATION HAS BEEN FORMED TO RAISE MONEY THROUGHOUT CALIFORNIA AND EVENTUALLY NATIONWIDE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 1 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 16932412 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 23184158 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 27716 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 27716 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 4838531 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 16932412 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 23114898 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 33544 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 7980 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 17305 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 30044 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 6490274 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 69260 |
| IRS990/PrincipalOfficerNm | 0 | SHILPA SINGHAL |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE FOUNDATION SUPPORTS CHARITABLE PROJECTS FOR THE HOPE AND DREAMS TRUST THROUGH A FISCAL SPONSORSHIP AGREEMENT TO PROVIDE HIGH-QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN INDIA WHO SHOW HIGH ACADEMIC POTENTIAL |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 1430740 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 1430740 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 17008627 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 500000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 95403 |
| IRS990/PYOtherExpensesAmt | 0 | 47365 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 16556665 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 547365 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 17104030 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1415279 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 3002642 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2793165 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2793166 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 103003 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 95084 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 198087 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2793166 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2793165 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2793166 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2991253 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 40582 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1468023 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 59921 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 4838531 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 40582 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 27750 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 6462524 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | MARGIN PAYABLE |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -17275 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 3678138 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 3438488 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 2000000 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 750001 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | VENTURE HIGHWAY SERIES 1 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | OCTAHEDRON OFFSHORE FUND LTD. |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | VH CAPITAL |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | ARGEAN CAPITAL KX-SERIES B LLC |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 4838531 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 42646 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2881238 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | REALIZED GAIN ON INVESTMENTS -20,720. DIVIDEND INCOME 3,445. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | MANAGEMENT FEES 40,582. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 9866627 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1508605 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6490274 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2923884 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 7719769 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1468023 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 1430740 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | GRANTS TO RECIPIENTS LOCATED IN REGION |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 0 | 1430740 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 0 | WIRE TRANSFER |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 0 | EDUCATION SUPPORT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 0 | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 1430740 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTING METHOD: ACCRUAL |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTING METHOD: ACCRUAL |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART III ACCOUNTING METHOD: |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, SCHEDULE F, PART I, LINE 3, ITEM 1 |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, SCHEDULE F, PART I, LINE 3, ITEM 1 |
| IRS990ScheduleF/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 1430740 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AMITABH K. SINGHAL AND SHILPA SINGHAL ARE LEGALLY MARRIED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION WORKS WITH ITS TAX PREPARERS TO REVIEW THE FORM 990 TO ENSURE AN ACCURATE FILING OF THE TAX RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A DETAILED CONFLICT OF INTEREST POLICY HAS BEEN WRITTEN. IT INCLUDES DETAILED PROCEDURES FOR ADDRESSING CONFLICT OF INTEREST. IF THERE ARE VIOLATIONS OF THE CONFLICT OF INTEREST POLICY, APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WILL BE TAKEN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | M-1 REALIZED GAIN 20,720. M-1 DIVIDEND INCOME -3,445. M-1 PASSTHROUGH INCOME/LOSS 30. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 17262456 |
| IRS990/TotalAssetsEOYAmt | 0 | 29674432 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 17262456 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 29674432 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 2793165 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 77865 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1430740 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1508605 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 330044 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6490274 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 330044 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6490274 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 16932412 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 23184158 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1430740 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 130719 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2923884 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 17262456 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 29674432 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 51958 |
| IRS990/USAddress/CityNm | 0 | PALO ALTO |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 94303 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SITARE.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHILPA SINGHAL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6503055721 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SITARE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SITA |
| ReturnHeader/Filer/EIN | 0 | 825003065 |
| ReturnHeader/Filer/PhoneNum | 0 | 6503055721 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 51958 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PALO ALTO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94303 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 941341042 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FRANK RIMERMAN & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1 EMBARCADERO CENTER STE 2410 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN FRANCISCO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94111 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4154391144 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASMINE D BERJIKLY |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T16:15:13-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SHILPA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SINGHAL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.