EIN 90-0820145

Desai Sethi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
State
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Desai Sethi Foundation is a private foundation located in Miami, FL that primarily funds the recruiting and enrolling of families in the Miami Connected program. Its grantees include Pursuit Transformation Company Inc and others, and last year it made 52 grants.
Total revenues
$8,196,530
2023
Total expenses
$4,464,512
2023
Total assets
$178,239,846
2023
Num. employees
5
2023

Program areas at Desai Sethi Foundation

Samvid scholars: samvid scholars was established to invest in the graduate education of future leaders who are committed to effecting positive change in society. This cross-disciplinary program is intended to reach some of the most talented young people in our country and provide them with enhanced leadership training, a community of like-minded problem-solvers focused on impact, and further instill in them an orientation toward service. This program includes a financial component to cover tuition and fees for up to two years of graduate school, as well as significant programming in the areas of thought leadership, self-knoweldge, applied self knowledge and service.
Samvid young leaders (formerly dsf scholars): samvid young leaders is a program that works with underserved, high-achieving, college-bound female students in detroit in order to help them realize improved academic and economic outcomes. It is a four-year program that consists of financial literacy training, funding, and academic/personal support services that are delivered throughout the four years.
Dsf social impact fellowship: dsf social impact fellowship was established to provide funding and hire fellows who would then provide support to in-need nonprofits, small businesses, and/or government entities based in detroit, hamtramck or highland park, mi that meet eligibility criteria.

Personnel at Desai Sethi Foundation

NameTitleCompensation
Laura ClancyChief Operating Officer$247,665
Pia DesaiDirector$0
Bicky DavidDirector of Programs$160,067
Adam VieiraSenior Associate$79,360
Alissa GinsbergSamvid Young Leaders$99,444
...and 1 more key personnel

Financials for Desai Sethi Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$8,534,060
Net rental income$0
Net gain from sale of non-inventory assets$-337,530
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,196,530

Form 990s for Desai Sethi Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-12990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-02-25990PFView PDF
...and 8 more Form 990s

Organizations like Desai Sethi Foundation

OrganizationLocationRevenue
Lemelson FoundationPortland, OR$5,980,205
Gill FoundationDenver, CO$2,982,029
The Ricketts Conservation FoundationLittleton, CO$3,100,739
Merck Family FundBoston, MA$2,856,107
C E and S FoundationLouisville, KY$2,318,995
Lannan FoundationSanta Fe, NM$6,734,286
Peter G Peterson Foundation (PGPF)New York, NY$10,201,057
Sapphire FoundationWilmington, DE$2,279,345
The Barker Welfare FoundationPalm Beach Gardens, FL$3,077,555
John P and Anne Welsh Mcnulty FoundationNew York, NY$2,136,094
Data update history
January 24, 2024
Updated personnel
Identified 5 new personnel
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donations
General information
Address
PO Box 310850
Miami, FL 33231
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Phone
(646) 974-5930
IRS details
EIN
90-0820145
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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