Public Charity

SITARE FOUNDATION

SITARE FOUNDATION is a Public Charity headquartered in PALO ALTO, CA. Financial data from the 2024 filing: $5.1M revenue, $3.2M expenses, $39.0M total assets. 5 publicly reported grants to this organization, totaling roughly $11.2M, appear in IRS filings.

EIN: 825003065 PALO ALTO, CA Latest filing: 2024
Total Revenue$5.1M
Total Expenses$3.2M
Total Assets$39.0M
Grant Records5
Funding Total$11.2M
Filing Years2020–2024

Mission

SITARE FOUNDATION IS AN ORGANIZATION THAT WILL PROVIDE EDUCATION TO UNDERPRIVILEGED CHILDREN. A MIND IS A TERRIBLE THING TO WASTE. SITARE FOUNDATION BELIEVES THAT BY GIVING THE BRIGHTEST CHILDREN THE BEST POSSIBLE EDUCATION, THEY WILL GROW UP TO BECOME SOME OF THE BEST PROFESSIONALS THIS WORLD HAS WITNESSED. SITARE FOUNDATION IS AIMED TO CULTIVATE A CULTURE OR GIVING AND CREATING BRIGHT MINDS TO BE NET CONTRIBUTORS TO THE SOCIETY. IF EACH KID THAT GETS BENEFIT IN RETURN PROVIDES MENTORSHIP AND GUIDANCE TO TEN OR MORE UNDERPRIVILEGED CHILDREN, THE SITARE MOVEMENT WILL BE HUGE. SITARE FOUNDATION HAS BEEN FORMED TO RAISE MONEY THROUGHOUT CALIFORNIA AND EVENTUALLY NATIONWIDE.

Sample Grants Received

2024
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$4,043,628
2023
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$3,955,673
2022
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$1,250,000
2021
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$1,500,000
2020
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$500,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

SECRETARY Amitabh K Singhal
CFO Pandurang Nayak
PRESIDENT Shilpa Singhal

Officer compensation and complete director data available with membership.

Top Grant Purposes

FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$11,249,301 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.1M $3.2M $39.0M
2023 $4.1M $4.1M $27.3M
2022 $3.8M $1.4M $22.1M
2020 $17.1M $547K $17.3M

Between 2020 and 2024, reported annual revenue declined from $17.1M to $5.1M (-70%), with total assets most recently reported at $39.0M.

Interactive year-over-year charts and full filing details available with membership.

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