Iim Bangalore Educational Foundation Inc in Iselin, New Jersey (NJ)

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Iim Bangalore Educational Foundation Inc
Employer Identification Number (EIN)113842990
Name of OrganizationIim Bangalore Educational Foundation Inc
In Care of NameRanjit Bawa Singh
Address70 Wood Avenue South First Floor, Iselin, NJ 08830-2714
SubsectionCharitable Organization
Ruling Date08/2009
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$173
Amount of Income$1,526
Form 990 Revenue Amount$1,526
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $1,526 (it was $1 in 2010)
This organization: 

 $1,526
Other organizations performing similar types of work: 

 $42,700

Assets in 2011: $173 (it was $101 in 2010)
Iim Bangalore Educational Foundation Inc: 

 $173
Other organizations performing similar types of work: 

 $68,974

Financial snapshot ($)

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,526$0$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$1,526
Total expenses and disbursements$1,454$0$0$0
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$1,454$0$0
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$72
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$173$173
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$173
Total liabilities$100
Mortgages and other notes payable$0
Other$100
Total liabilities and net assets/fund balances$73
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Amount to be credited to 2012 estimated tax$0
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount (for 2011)
Distributable amount$0
Undistributed Income (for 2011)
Distributable amount for 2011$0
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
2011201020092008Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
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3Educational Services Of America Inc104 N Seven Oaks Dr, Knoxville, TN 37922-2359TN1996-06$72,052,479
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5Greater Texas Foundation6100 Foundation Place Dr, Bryan, TX 77807-1105TX1980-05$39,027,572
6Foundation For Educational FundingPO BOX 82552, Lincoln, NE 68501-2552NE2002-08$36,471,952
7American Association Of University Women Inc9490 N Ridgewood Road, Pocatello, ID 83201ID2010-03$28,150,155
8Firemens Association Of The State New York Foundation Inc107 Washington Avenue, Albany, NY 12210-2200NY2003-01$23,169,842
9Cardinal Services Inc Of Indiana504 N Bay Dr, Warsaw, IN 46580-4627IN1965-06$21,816,763
10Wound Ostomy Continence Nurses Society, Wocn15000 Commerce Pkwy Ste C, Mount Laurel, NJ 08054-2212NJ1977-05$4,993,219
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12Gay D And William F Scott Family FoundationPO BOX 1501, Pennington, NJ 08534-0671NJ2006-01$2,904,589
13Irene Kandzie Scholarship FundPO BOX 1501, Pennington, NJ 08534-0671NJ2008-10$2,233,958
14Give Something Back Foundation Inc325 Columbia Tpke Ste 202, Florham Park, NJ 07932-1212NJ2007-04$1,776,038
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17Mabas Fund Inc1126 Carolina St, Lakewood, NJ 08701-2123NJ2004-06$1,139,355
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20Dick And Jackie Deskovick Foundation Inc9 Jonathan Smith Rd, Morristown, NJ 07960-3408NJ2000-12$693,573
21Fortune Education Foundation Inc20 Carbon Pl, Jersey City, NJ 07305-1125NJ2008-10$660,124
22Kentner And Elizabeth Wilson Scholarship Trust FundPO BOX 1501, Pennington, NJ 08534-0671NJ2002-10$651,613
23Beads For Education Inc A Non-Profit Corporation5501 Ventnor Ave, Ventnor City, NJ 08406-2341NJ2006-01$610,193
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29Friends Of Tiferet Tzion Inc13 Washington Ave, Lakewood, NJ 08701-4951NJ2005-04$522,005
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Number of organizations performing similar types of work
Alaska43
Alabama250
Arkansas194
Arizona319
California2,300
Colorado349
Connecticut321
District of Columbia190
Delaware72
Florida1,105
Georgia574
Hawaii107
Iowa213
Idaho84
Illinois983
Indiana318
Kansas186
Kentucky239
Louisiana208
Massachusetts723
Maryland523
Maine130
Michigan616
Minnesota318
Missouri405
Mississippi131
Montana104
North Carolina548
North Dakota21
Nebraska109
New Hampshire123
New Jersey1,012
New Mexico109
Nevada138
New York1,422
Ohio817
Oklahoma213
Oregon252
Pennsylvania868
Rhode Island122
South Carolina208
South Dakota48
Tennessee287
Texas1,807
Utah187
Virginia572
Vermont84
Washington420
Wisconsin373
West Virginia96
Wyoming40
International28
Total20,909

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