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Nonprofit · EIN 46-3820097

DIVINE WILL FOUNDATION

Tax-exempt · ENCINITAS, CA 92023

Financials

$8.8M$9.4M2023$8.9M$8.2M2024
Revenue Expenses · by fiscal year end
Financials of DIVINE WILL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,876,834$8,241,140$635,694$1,755,025$108,274$1,646,751
December 31, 2023990$8,815,481$9,415,624-$600,143$1,393,470$382,413$1,011,057
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,274,995
Program service revenue
$0
Investment income
$601,839
Other revenue
$0

Expenses

Grants and similar amounts paid
$6,851,256
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,940
Accounting fees
$33,483
Occupancy
$35,690
Travel
$609,705
Depreciation
$19,422
Program services (functional)
$7,565,058
Management and general (functional)
$676,082

Balance sheet and other

Total assets, start of year
$1,393,470
Total assets, end of year
$1,755,025
Total liabilities, end of year
$108,274
Net assets, end of year
$1,646,751
Land, buildings and equipment
$121,876
Publicly traded securities
$42,927
Net assets without donor restrictions
$1,646,751
Gross receipts
$8,876,834
Employees
0
Year formed
2013
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID CORNSWEETPRESIDENT
Trustee or director, Officer
8$0
DR SHAUN SETTYTREASURER
Trustee or director, Officer
4$0
VIVEK MAHADEVANSECRETARY
Trustee or director, Officer
4$0
MEHRAN ATAEEMEMBER
Trustee or director
1$0
SADGURU SRI MADHUSUDAN SAIMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
DAVID CORNSWEETPRESIDENT
Trustee or director, Officer
8$0
DR SHAUN SETTYTREASURER
Trustee or director, Officer
4$0
VIVEK MAHADEVANSECRETARY
Trustee or director, Officer
4$0
BN NARASIMHA MURTHYMEMBER
Trustee or director
1$0
C SREENIVASMEMBER
Trustee or director
1$0
ISAAC TIGRETTMEMBER
Trustee or director
1$0
ATUL PATELMEMBER
Trustee or director
1$0
DARSHANA PATELMEMBER
Trustee or director
1$0
KONDALA RAOMEMBER
Trustee or director
1$0
DR RAM SETTYMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 235795, ENCINITAS, CA 92023-5795
In care of
% RAM K SETTY
Mailing address (990-N for 2013)
PO BOX 535, ARROYO GRANDE CA 93421
Principal officer (990 for 2024)
DAVID CORNSWEET, 1038 COTTAGE WAY, ENCINITAS, CA 92024
Principal officer (990-N for 2013)
RAM SETTY, 264 CANDICE COURT, ARROYO GRANDE CA 93454
Signed the 990
DAVID CORNSWEET, PRESIDENT
Phone
(619) 231-1977
Return prepared by
Munger & Company CPAs

California records

California keeps its own records of charities and corporations. Search them by EIN 46-3820097 or by the name DIVINE WILL FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO SUPPORT CHARITABLE PROGRAMS IN INDIA WHO SUPPORT PROJECTS FOR FREE HEALTHCARE AND EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • PRASHANTI BALAMANDIR TRUST NON PROFIT IN INDIA THAT PROVIDES FREE SCHOOLS IN RURUAL INDIA. FUNDS SENT WERE FOR THE SCHOOLS, STUDENTS AND WATER DRINKING PROJECTS.
    Expenses $7,565,058

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3820097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,755,025
Income (IRS master file)
$8,876,834

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,876,834$8,241,140$1,755,025IRS
990December 2023$8,815,481$9,415,624$1,393,470XML
990December 2022$8,042,597$10,557,333$1,820,830IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990-N for 2013
Officer: RAM SETTY
December 31, 2013≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3820097).

Questions about DIVINE WILL FOUNDATION

What is the EIN of DIVINE WILL FOUNDATION?
The employer identification number (EIN) of DIVINE WILL FOUNDATION is 46-3820097.
Is DIVINE WILL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to DIVINE WILL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIVINE WILL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DIVINE WILL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DIVINE WILL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DIVINE WILL FOUNDATION?
The 990 for the year ended December 31, 2024 names DAVID CORNSWEET.
Who are the officers and directors of DIVINE WILL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does DIVINE WILL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,876,834, expenses of $8,241,140 and total assets of $1,755,025 at year end.

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