EIN 13-3976569

Akanksha Education Fund

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
1996
Most recent tax filings
2023-03-01
Description
The Akanksha Education Fund supports educational opportunities for disadvantaged children in India and raises awareness of such activities in the United States. The foundation enables some of the most marginalized children to receive a high-quality education, transforming their lives. For over 30 years, Akanksha has educated children from low-income communities across Mumbai. Their headquarters are located in New York, NY.
Also known as...
Akanksha Fund
Total revenues
$2,580,109
2023
Total expenses
$1,897,972
2023
Total assets
$3,590,151
2023
Num. employees
4
2023

Program areas at Akanksha Education Fund

Akanksha Education foundation is a non-profit organization with a mission to provide children from low-income communities with a high-quality Education, enabling them to maximize their potential and transform their lives. For over 30 years, Akanksha has educated children from low-income communities across mumbai and pune first, through their after-school centers, and since 2007, through the school project. Today, they are one of the largest urban networks of public-private partnership schools of its kind in india. Currently, the foundation operates 26 schools, serving approximately 13,000 children and 5,100 alumni. Looking ahead, they seek to expand their network of schools, share their effective practices and advocate for quality school reform for children across india.

Grants made by Akanksha Education Fund

GranteeGrant descriptionAmount
Aam FoundationTo Support the Annual Operating Expense of the Project and Helping Girls Ews Students Who Aspire To Attend Top Liberal Arts Schools in India, Us, Uk and Australia$200,000
TOWNS - The One World Network of SchoolsTo Support the Fund's Mission of Advancing Educational Outcomes for Disadvantaged Children in India.$35,000

Who funds Akanksha Education Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Steadview FoundationUnrestricted$120,000
Goldman Sachs GivesEducational Programs & Other Student SVC$110,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$92,900
...and 23 more grants received totalling $704,459

Personnel at Akanksha Education Fund

NameTitleCompensation
Sejal DesaiExecutive Director$158,487
Falguni MalkaniTreasurer$0
Kate ShoemakerSecretary / Director$0
Bharti MalkaniVice President / Secretary and Director$0
Shankar IyerPresident / Director$0

Financials for Akanksha Education Fund

RevenuesFYE 03/2023
Total grants, contributions, etc.$2,565,148
Program services$0
Investment income and dividends$24,010
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-677
Net income from fundraising events$-8,372
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,580,109

Form 990s for Akanksha Education Fund

Fiscal year endingDate received by IRSFormPDF link
2022-032022-12-12990View PDF
2021-032021-11-17990View PDF
2020-032021-04-12990View PDF
2019-032020-09-17990View PDF
2018-032019-05-14990View PDF
...and 8 more Form 990s

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American Friends of Shalva IsraelNew York, NY$5,228,024
Children's Hope IndiaAlbertson, NY$1,138,081
Brace for Impact 46Lake Saint Louis, MO$982,412
EdifySan Diego, CA$11,013,812
The Netherland-America Foundation (NAF)New York, NY$2,106,887
Shin Shin Educational FoundationSan Jose, CA$1,032,095
Save VeniceNew York, NY$6,780,618
Herbalife Nutrition Foundation (HFF)Los Angeles, CA$7,851,324
Maestro Cares Foundation (MCF)Chicago, IL$3,094,225
Data update history
October 23, 2023
Received grants
Identified 2 new grant, including a grant for $8,250 from The Blackbaud Giving Fund
August 20, 2023
Received grants
Identified 7 new grant, including a grant for $110,000 from Steadview Foundation
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Updated personnel
Identified 5 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairs
Characteristics
Provides grantsFundraising eventsOperates internationallyNational levelGala fundraisersTax deductible donations
General information
Address
PO Box 2038
New York, NY 10113
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
akankshafund.org/ 
Phone
(917) 930-6515
IRS details
EIN
13-3976569
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q12: International, Foreign Affairs and National Security Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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