EIN 31-1549262

The Jagdish and Usha Patil Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Corbin
Year formed
1998
Most recent tax filings
2024-04-01
NTEE code, primary
Description
The Jagdish and Usha Patil Foundation is a private foundation located in Corbin, KY that primarily funds foundation support, community support, community development, foundation supports operations, and other foundation-related needs. Its purpose is to allow the continuance of charitable funding through interest and dividend earnings. The foundation made 43 grants last year to various organizations including the Baptist Health Foundation.
Also known as...
Patil Foundation
Total revenues
$35,427
2024
Total expenses
$55,884
2024
Total assets
$387,159
2024
Num. employees
0
2024

Program areas at The Jagdish and Usha Patil Foundation

Interest earnings allow continuance of charitable funding
Dividend earnings allow continuance of charitable funding
Charitable funding dependent upon investment activity

Grants made by The Jagdish and Usha Patil Foundation

GranteeGrant descriptionAmount
Self-Realization Fellowship ChurchFoundation Support$7,500
GOSUMEC Foundation USAFoundation Support$5,000
Corbin Community Backpack ProgramFoundation Support$1,050
...and 12 more grants made

Personnel at The Jagdish and Usha Patil Foundation

NameTitleCompensation
Jagdish PatilPresident$0

Financials for The Jagdish and Usha Patil Foundation

RevenuesFYE 04/2024
Total grants, contributions, etc.$11,922
Investment income and dividends$13,555
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$9,950
Total revenues$35,427

Form 990s for The Jagdish and Usha Patil Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-042024-06-18990PFView PDF
2023-042023-08-23990PFView PDF
2022-042022-06-20990PFView PDF
2021-042021-09-14990PFView PDF
2020-042022-02-15990PFView PDF
...and 8 more Form 990s
Data update history
October 11, 2023
Posted financials
Added Form 990PF for fiscal year 2023
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 2, 2022
Posted financials
Added Form 990PF for fiscal year 2021
July 22, 2022
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 1445
Corbin, KY 40702
County
Whitley County, KY
Phone
(606) 528-5897
IRS details
EIN
31-1549262
Fiscal year end
April
Taxreturn type
Form 990-PF
Year formed
1998
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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