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Filing year 2023

RAMESH K & HEM P MOHINDRA FOUNDATION

Bloomfield Twp, Michigan·EIN 38-2554784·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$53k
Total assets
$2.1M
Total expenses
$135k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. RAMESH K & HEM P MOHINDRA FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Vice President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$103k

Itemized grants

9

Median grant

$1k

RecipientLocationPurposeAmount
THE CHAWLA FAMILY CHARITABLE FUND (FIDELITY GIVING ACCT NO 1081672)COVINGTON, KYFOR GENERAL PURPOSE$48k
SCHWAB CHARITABLE FUND'S DONOR-ADIVSED FUND(DAF)OMAHA, NEFOR GENERAL PURPOSE$42k
PACE PROGRAM OF SE MICHIGANSOUTHFIELD, MIFOR GENERAL PURPOSES$6k
HENRY FOR HOSPITALDETROIT, MIFOR GENERAL PURPOSES$5k
VEDANTA SOCIETY OF MICHIGANWEST BLOOMFIELD, MIFOR GENERAL PURPOSES$1k
THE BHARATIYA TEMPLETROY, MIFOR GENERAL PURPOSE$600
PENRICKSON CENTER FOR BLIND CHILDRENTAYOR, MIFOR GENERAL PURPOSES$250
JEWISH DETROIT ORGANIZATIONBLOOMFIELD HILLS, MIFOR GENERAL PURPOSE$200
SALVATION ARMYROYAL OAK, MIFOR GENERAL PURPOSE$100
Financial trend

Revenue and expenses over time

RAMESH K & HEM P MOHINDRA FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$67k
$25k
2022
$53k
$135k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

RAMESH K & HEM P MOHINDRA FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about RAMESH K & HEM P MOHINDRA FOUNDATION

What are RAMESH K & HEM P MOHINDRA FOUNDATION's revenue and expenses?

In 2023, RAMESH K & HEM P MOHINDRA FOUNDATION reported $53k in total revenue and $135k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.