2024-11-07T16:37:23-06:00 2023-12-31 830344069 AHUJA & CLARK PLLC 2901 N DALLAS PARKWAY SUITE 320 PLANO TX 750938449 990 2023-01-01 880766543 IISC FOUNDATION IISC 2142849027 910 CLOVE GLEN CT ALLEN TX 75002 GEORGE BRODY PRESIDENT 2142849027 2024-11-07 1 1 DIVYASHREE K SHETTY P02305443 4694674660 2023 2024-10-15 13:58:12Z GEORGE BRODY 910 CLOVE GLEN CT ALLEN TX 75002 1788167 0 X HTTPS://IISCFOUNDATION.ORG/ X 2022 TX THE SPECIFIC PURPOSE, MISSION, AND ACTIVITY OF THE CORPORATION IS TO SECURE FUNDING FOR PROMOTING EDUCATION, RESEARCH, TECHNOLOGY DEVELOPMENT, STARTUP INCUBATION, ACCELERATION, AND TRANSLATIONAL RESEARCH AT THE INDIAN INSTITUTE OF SCIENCE (IISC) IN BANGALORE, INDIA. THE CORPORATION WILL ACHIEVE ITS GOALS AND MISSION BY PROVIDING FINANCIAL AND OTHER RESOURCES TO IISC. 5 5 0 0 0 0 261838 1784319 0 0 0 3848 11115 0 272953 1788167 0 1739734 0 0 0 0 0 0 6472 6645 24556 6645 1764290 266308 23877 266308 308708 0 18523 266308 290185 THE SPECIFIC PURPOSE, MISSION, AND ACTIVITY OF THE CORPORATION IS TO SECURE FUNDING FOR PROMOTING EDUCATION, RESEARCH, TECHNOLOGY DEVELOPMENT, STARTUP INCUBATION, ACCELERATION, AND TRANSLATIONAL RESEARCH AT THE INDIAN INSTITUTE OF SCIENCE (IISC) IN BANGALORE,INDIA. 0 0 1739734 1739734 1784319 TO SUPPORT EDUCATION, RESEARCH, AND TECHNOLOGY AT THE INDIAN INSTITUTE OF SCIENCE (IISC) IN BANGALORE, INDIA, THE FOUNDATION ACCEPTS DONATIONS FROM U.S. DONORS. THESE CONTRIBUTIONS FUND EQUIPMENT, FACILITIES, LIBRARY RESOURCES, HOSPITAL COSTS, SCHOLARSHIPS, FELLOWSHIPS, ENDOWMENTS, AND FACULTY POSITIONS, ALL AIMED AT FURTHERING IISC'S MISSION. 1739734 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 TX X AHUJA & CLARK PLLC 4694674660 2901 DALLAS PKWY 320 PLANO TX 75093 X GEORGE BRODY PRESIDENT 15.00 15.00 X 0 0 0 PRAHLAD DODDABALLAPUR DIRECTOR 4.00 4.00 X X 0 0 0 KATEPALLI RAJU SREENIVASAN DIRECTOR 3.00 3.00 X 0 0 0 MRINALINI LAKSHMINARAYANAN DIRECTOR 3.00 3.00 X 0 0 0 SHEKHAR KIRANI DIRECTOR 2.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1784319 100353 1784319 3848 3848 1788167 0 0 3848 1739734 1739734 4419 4419 5141 5141 6472 6472 1919 1919 3989 3989 BOOKS, SUBSCRIPTIONS, R 1577 1577 STRIPE SERVICE FEES 440 440 BANK SERVICE FEES 354 354 PRINTING AND COPYING 229 229 16 16 1764290 1739734 18084 6472 266308 204657 104051 266308 308708 18523 0 18523 X 0 0 0 0 266308 290185 266308 290185 266308 308708 23877 0 X 0 0 0 X 222301 306423 528724 222301 306423 528724 528724 528724 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 0 0 0 0 BANGLORE, INDIA TO SUPPORT EDUCATION, RESEARCH, TECHNOLOGY, FUND EQUIPMENT, FACILITIES, LIBRARY RESOURCES, HOSPITAL COSTS, SCHOLARSHIPS, FELLOWSHIPS, ENDOWMENTS, AND FACULTY POSITIONS AT THE INDIAN INSTITUTE OF SCIENCE (IISC) IN BANGALORE, INDIA 1739734 BANK 0 0 0 0 0 0 0 PART I, LINE 2: THE IISC FOUNDATION WORKS WITH THE BENEFICIARY INSTITUTION(S) TO CONDUCT DUE DILIGENCE ON THE BENEFICIARY INSTITUTION(S) BEFORE ESTABLISHING ANY PROJECT. THIS DUE DILIGENCE CONSISTS OF WORKING WITH THE BENEFICIARY INSTITUTION'S ADMINISTRATIVE TEAMS TO ENSURE THAT A IISC FOUNDATION'S GRANT INTENTIONS CAN BE HONORED THROUGH ANY PROJECT ESTABLISHED AT THE BENEFICIARY INSTITUTION BEFORE THE IISC FOUNDATION DEPLOYS FUNDS OUTSIDE OF THE U.S. ONCE A PROJECT IS IDENTIFIED AND THE MATERIAL ASPECTS OF THE PROJECT ARE UNDERSTOOD AND AGREED UPON (INCLUDING OUTLINE OF KEY EXPENSES, ETC.), THEN THE IISC FOUNDATION DEPLOYS THE FUNDS AND MAINTAINS A DIGITAL RECORD OF THE SCOPE OF EACH PROJECT. IISC FOUNDATION THEN WORKS WITH THE BENEFICIARY INSTITUTION TO ESTABLISH AN UPDATE REPORT FOR EACH PROJECT ALONG WITH THE CADENCE FOR SAID REPORT. THE CADENCE OF THE UPDATE REPORTS VARIES FROM ONE-TIME FOR SMALLER PROJECTS TO OTHER TIMELINES FOR LARGER PROJECTS INCLUDING, BUT NOT LIMITED TO, ONCE A QUARTER, ONCE A YEAR, OR SEMI-ANNUALLY, DEPENDING ON THE NATURE OF THE PROJECT. IISC FOUNDATION'S BOARD MEMBERS ALSO ENGAGE WITH THE BENEFICIARY INSTITUTION MONTHLY AND VISIT THE INSTITUTION(S) PERIODICALLY TO MONITOR PROGRESS ON SOME OF THE PROJECTS. X 505 100353 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS HAS THE FOLLOWING BOARD OF DIRECTORS OF THE COMPANY: PRESIDENT: GEORGE BRODY DIRECTOR : PRAHLAD DODDABALLAPUR DIRECTOR : KATEPALLI RAJU SREENIVASAN FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 HAS BEEN PROVIDED TO AND REVIEWED BY THE ORGANIZATION'S BOARD MEMBERS BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C IISC AND THE FOUNDATION SHALL AMICABLY RESOLVE ALL CONFLICTS BETWEEN THEM AND OPERATE PROACTIVELY TO IDENTIFY AND APPROPRIATELY MANAGE POTENTIAL CONFLICTS OF INTEREST INVOLVING IISC DIRECTORS, OFFICERS AND EMPLOYEES, FOUNDATION BOARD MEMBERS, OFFICERS, AND STAFF. THE CONFLICT OF INTEREST PROVISIONS OF BOTH THE IISC POLICIES AND THE FOUNDATION'S POLICIES ARE EXPRESSIVELY APPLICABLE TO ALL INTERACTIONS BETWEEN IISC AND THE FOUNDATION. IN CASES WHERE THE CONFLICT OF INTEREST POLICIES OF IISC AND THE FOUNDATION CONFLICT, THE MORE RESTRICTIVE POLICY WILL CONTROL. FORM 990, PART VI, SECTION B, LINE 15 DIRECTORS, OFFICERS, AND MEMBERS OF COMMITTEES MAY BE REIMBURSED FOR ANY EXPENSES THAT ARE DETERMINED BY RESOLUTION OF THE BOARD TO BE JUST AND REASONABLE. OFFICERS MAY BE PAID COMPENSATION IN A REASONABLE AMOUNT FOR SERVICES PROVIDED TO THE CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.