2024-11-14T13:27:06-06:00 2023-12-31 831719980 GRAPP LERASH LLC 515 N WASHINGTON AVE SUITE 402 SAGINAW MI 486071378 990 2023-01-01 384043201 THE HANS FOUNDATION USA HANS 2489877406 38955 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 MANISH PATHAK PRESIDENT 2489877406 2024-11-15 1 1 KALEB GRAPP P01978831 9893271400 2024-11-14 2023 2024-10-15 13:58:12Z MANISH PATHAK 79979041 0 X THEHANSFOUNDATIONUSA.ORG X 2017 DE THE MISSION IS RAISING FUNDS TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF SOLUTIONS TO THE MOST PRESSING GLOBAL PROBLEMS, INCLUDING THE AREAS OF WATER, ENERGY, HEALTHCARE, EDUCATION, AND ECONOMIC OPPORTUNITY. 4 4 0 0 0 0 13045 5999 0 0 337997 -4020439 0 0 351042 -4014440 5286080 8755515 0 0 0 0 0 0 0 786754 633444 6072834 9388959 -5721792 -13403399 316244377 312362398 135295 91932 316109082 312270466 THE MISSION IS RAISING FUNDS TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF SOLUTIONS TO THE MOST PRESSING GLOBAL PROBLEMS, INCLUDING THE AREAS OF WATER, ENERGY, HEALTHCARE, EDUCATION, AND ECONOMIC OPPORTUNITY. 0 0 8755515 8755515 5999 THE FOUNDATION SUPPORTS THE OUTSTANDING OPERATIONAL PROJECTS THAT HAVE BEEN MAKING A DIFFERENCE IN INDIA AND AROUND THE WORLD FOR YEARS. 8755515 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 AL AR CA FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA WV WI X MICHAEL REHRAUER 2489877405 38955 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 X MANISH PATHAK 1.00 X X 0 0 0 JASON FRANKL 1.00 X X 0 0 0 AMIT PATHAK 1.00 X X 0 0 0 GARY FOWLER 1.00 X X 0 0 0 0 0 0 0 0 0 0 NUVEEN 333 W WACKER DR CHICAGO IL 60606 INVESTMENT FEES 259291 HANS MANAGEMENT COMPANY INC 38955 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 MANAGEMENT FEES 230600 FLEMING PETENKO LLC 100 N 18TH ST 300 PHILADELPHIA PA 19103 LEGAL FEES 114310 3 5999 5999 1489239 1489239 78483803 83993481 -5509678 -5509678 -5509678 -4014440 0 0 -4020439 47164 47164 8708351 8708351 230600 230600 126647 126647 50270 50270 209472 209472 7672 7672 1118 1118 833 833 BANK FEES 6807 6807 LICENSING FEE 25 25 9388959 8755515 633444 0 2859797 0 12881720 36188200 49485 276810021 298964893 386359 466300 316244377 312362398 135295 91932 135295 91932 X 215871348 212707340 100237734 99563126 316109082 312270466 316244377 312362398 -13403399 9564783 0 X 0 1 X 0 0 X 14665 757 110315345 13045 5999 110349811 14665 757 110315345 13045 5999 110349811 110349811 155697 1124174 1489239 2769110 113118921 0.97550 0.98850 X 0 -31143 F 213344820 F CORPORATE TERM LOANS 67050386 F MONEY MARKET CASH FUNDS 18600830 F 298964893 X 5340871 9564782 9564782 -4223911 209472 209472 -4014439 9179487 0 9179487 209472 209472 9388959 PART X, LINE 2: THE HANS FOUNDATION USA IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3); THE FOUNDATION IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. DESPITE THE GENERAL EXEMPTION FROM INCOME TAXATION, THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAX AT CORPORATE RATES ON ITS UNRELATED BUSINESS INCOME. FASB ASC 740, INCOME TAXES, PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN INSTITUTION SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE INSTITUTION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF AN ASSET, LIABILITY, OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. 0 0 0 0 0 0 0 0 0 0 INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 384765 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO EDUCATION INEQUITIES 764059 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 665625 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 532388 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING 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HEALTHCARE RELATED ACTIVITIES 63130 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO CLEAN WATER 54023 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 48245 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 43329 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 41119 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 31295 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 15071 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA BY PROVIDING SOLUTIONS TO SOCIETAL INEQUITIES WHILE PROMOTING ECONOMIC OPPORTUNITY 11800 WIRE TRANSFER 0 NA INDIA SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT PROMOTES EQUALITY AND CULTURAL AWARENESS 7354 WIRE TRANSFER 0 NA 45 0 0 0 0 0 0 PART I, LINE 2: THE HANS FOUNDATION USA MAINTAINS AN ONGOING RELATIONSHIP WITH ITS FOREIGN GRANTEES TO ENSURE ALL FUNDS ARE USED FOR CHARITABLE PURPOSES DESCRIBED IN SECTION 170(C)(2)(B) OF THE CODE. IT DOES THIS THROUGH DIRECT CONTACT WITH MEMBERS OF THE BOARD AS WELL AS THROUGH ITS CONTRACTUAL RELATION WITH A GRANT MANAGEMENT SUPPORT COMPANY. THE HANS FOUNDATION USE ALSO OBTAINS AN OPINION OF LEGAL COUNSEL TO CONFIRM ALL GRANTEES ARE APPROPRIATE RECIPIENTS OF THE ORGANIZATION'S GRANTS BECAUSE THEY ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. 1 RURAL INDIA SUPPORTING TRUST 37164 0 SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT SERVES RURAL INDIA ON SOLUTIONS TO SOCIETAL INEQUITIES AND POVERTY. THRESH INC 10000 0 SUPPORT THE GRANTEE ORGANIZATION FOR THEIR OPERATIONAL NEEDS AS IT PROMOTES EQUALITY AND CULTURAL AWARENESS 2 PART I, LINE 2: THE HANS FOUNDATION USA'S CONTRACTED MANAGEMENT COMPANY TEAM WORKS WITH ATTORNEYS TO ENSURE ELIGIBILITY IS MET AND TO OBTAIN EQUIVALENCY DETERMINATIONS. FORM 990, PART VI, SECTION A, LINE 2 AMIT PATHAK AND MANISH PATHAK ARE BROTHERS. FORM 990, PART VI, SECTION A, LINE 8B BOARD MEETING MINUTES ARE DRAFTED BY LEGAL COUNSEL AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY PERSON WITH A POTENTIAL CONFLICT OF INTEREST FILLS OUT A DISCLOSURE FORM AND SUBMITS IT TO THE BOARD OF DIRECTORS. ANY DIRECTOR, OFFICER, OR MEMBER OF THE ORGANIZATION'S LEGAL COUNSEL CAN INSPECT THE DISCLOSURE FORM. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.