Public Charity

IIT (BHU) FOUNDATION INC

Based in LOUDONVILLE, NY, IIT (BHU) FOUNDATION INC operates as a Public Charity. The organization reported $1.3M in revenue, $307K in expenses, $5.2M in total assets for fiscal year 2024. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $2.2M.

EIN: 853447003 LOUDONVILLE, NY Latest filing: 2024
Total Revenue$1.3M
Total Expenses$307K
Total Assets$5.2M
Grant Records6
Funding Total$2.2M
Filing Years2020–2024

Mission

THE FOUNDATION IS A U.S. "FRIENDS OF" ENTITY FORMED BY INDIVIDUALS WHO WISH TO ADVANCE AND SUPPORT THE WORK OF THE INDIAN INSTITUTE OF TECHNOLOGY (BANARAS HINDU UNIVERSITY, "IIT (BHU)"), A PUBLIC TECHNICAL AND RESEARCH UNIVERSITY LOCATED IN VARANASI, UTTAR PRADESH, INDIA, WHICH IS EXPECTED TO BE THE PRINCIPAL (ALTHOUGH NOT NECESSARILY EXCLUSIVE) GRANTEE OF FUNDS DISTRIBUTED BY THE ORGANIZATION.

Sample Grants Received

$27,501
2024
For grant recipient's exempt purposes
$13,818
2023
For grant recipient's exempt purposes
$94,938
$25,500
2021
For grant recipient's exempt purposes
$1,000,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

CHAIRMAN Naresh Jain
BOARD MEMBER Raj Yavatkar
DIRECTOR Ramesh Srinivasan
CEO Sagar Bhimavarapu
DIRECTOR Soumyo Sarkar
SECRECTARY Vikash Agarwal

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$2,108,756 4 grants
EDUCATION
$53,001 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $307K $5.2M
2023 $1.2M $593K $3.8M
2022 $1.9M $2.7M $3.0M
2020 $65K $14K $51K

Between 2020 and 2024, reported annual revenue grew from $65K to $1.3M (+1842%), with total assets most recently reported at $5.2M.

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

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