Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 47-1990700

IIT MADRAS FOUNDATION

Tax-exempt · CUPERTINO, CA 95014

Financials

$7.6M$8.6M2024$14.1M$22.9M2025
Revenue Expenses · by fiscal year end
Financials of IIT MADRAS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$14,139,143$22,855,666-$8,716,523$17,629,269$8,566,779$9,062,490
December 31, 2024990$7,635,727$8,648,831-$1,013,104$20,869,247$3,539,338$17,329,909
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,839,920
Program service revenue
$0
Investment income
$1,299,223
Net gain from sales of assets
$978,206
Other revenue
$0

Expenses

Grants and similar amounts paid
$22,446,778
Compensation of officers, directors and key employees
$116,808
Salaries, compensation and benefits (total)
$129,110
Professional fundraising fees
$0
Legal fees
$25,337
Accounting fees
$62,750
Travel
$714
Program services (functional)
$22,446,778
Management and general (functional)
$266,531
Fundraising (functional)
$142,357

Balance sheet and other

Total assets, start of year
$20,869,247
Total assets, end of year
$17,629,269
Total liabilities, end of year
$8,566,779
Net assets, end of year
$9,062,490
Publicly traded securities
$8,040,023
Net assets without donor restrictions
$6,080,237
Net assets with donor restrictions
$2,982,253
Gross receipts
$26,385,537
Employees
1
Volunteers
40
Year formed
2014
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
KAMAL DUGGIRALACHAIRMAN
Trustee or director
5$0
VENKAT RANGANBOARD MEMBER
Trustee or director
2$0
MADHAV DURBHABOARD MEMBER
Trustee or director
5$0
RAGHU SUGAVANAMBOARD MEMBER
Trustee or director
2$0
RV GUHABOARD MEMBER
Trustee or director
2$0
GDS RAMKUMARBOARD MEMBER
Trustee or director
5$0
MARTI G SUBRAHMANYAMBOARD MEMBER
Trustee or director
2$0
RAGHU RENGASWAMYBOARD MEMBER
Trustee or director
2$0
ASHWIN MAHALINGAMBOARD MEMBER
Trustee or director
5$0
ANANDKUMAR R KANNURPATTICEO
Trustee or director, Officer
10$0
KANNAN GOVINDARAJANBOARD MEMBER
Trustee or director
2$0
DURGA MALLADIBOARD MEMBER
Trustee or director
2$0
BALA IYERBOARD MEMBER
Trustee or director
2$0
SRINIVAS TIRUMALACFO
Officer
5$0
DIWAKAR VISHAKHADATTASecretary
Officer
2$0
1 more people on this return
NameTitleHours / weekCompensation
SUNIL MENONVP OF MARKETING
Officer
2$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensation
KAMAL DUGGIRALACHAIRMAN
Trustee or director
5$0
VENKAT RANGANBOARD MEMBER
Trustee or director
2$0
MADHAV DURBHABOARD MEMBER
Trustee or director
5$0
RAGHU SUGAVANAMBOARD MEMBER
Trustee or director
2$0
RV GUHABOARD MEMBER
Trustee or director
2$0
GDS RAMKUMARBOARD MEMBER
Trustee or director
5$0
MARTI G SUBRAHMANYAMBOARD MEMBER
Trustee or director
2$0
RAGHU RENGASWAMYBOARD MEMBER
Trustee or director
2$0
ASHWIN MAHALINGAMBOARD MEMBER
Trustee or director
5$0
ANANDKUMAR R KANNURPATTICEO
Trustee or director, Officer
10$0
KANNAN GOVINDARAJANBOARD MEMBER
Trustee or director
2$0
DURGA MALLADIBOARD MEMBER
Trustee or director
2$0
BALA IYERBOARD MEMBER
Trustee or director
2$0
SRINIVAS TIRUMALACFO
Officer
5$0
DIWAKAR VISHAKHADATTASecretary
Officer
2$0
SUNIL MENONVP OF MARKETING
Officer
2$0

Address and contacts

Address (IRS master file)
19925 STEVENS CREEK BLVD STE 100, CUPERTINO, CA 95014-2384
Principal officer (990 for 2025)
ANANDKUMAR R KANNURPATTI, 10080 N WOLFE RD SUITE SW3-200, CUPERTINO, CA 95014
Signed the 990
ANANDKUMAR R KANNURPATTI, CEO
Phone
(408) 657-0383
Return prepared by
AVANTAX SOLUTIONS LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 47-1990700 or by the name IIT MADRAS FOUNDATION.

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

Mission

TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY MADRAS".

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT INDIAN INSTITUTE OF TECHNOLOGY MADRAS INCLUDING THE FOLLOWING ACHIEVEMENTS:PROVIDED A NUMBER OF MCM SCHOLARSHIPS, FACULTY FELLOWSHIPS AND NAMED FACILITIES
    Expenses $22,446,778 · grants $22,446,778 · revenue $12,839,920

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1990700
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$17,629,269
Income (IRS master file)
$26,385,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$14,139,143$22,855,666$17,629,269IRS
990December 2024$7,635,727$8,648,831$20,869,247IRS
990December 2023$9,524,469$6,098,062$21,052,617IRS
990December 2022$4,160,031$3,221,498$15,519,151IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 47-1990700).

Questions about IIT MADRAS FOUNDATION

What is the EIN of IIT MADRAS FOUNDATION?
The employer identification number (EIN) of IIT MADRAS FOUNDATION is 47-1990700.
Is IIT MADRAS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to IIT MADRAS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IIT MADRAS 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 IIT MADRAS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IIT MADRAS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of IIT MADRAS FOUNDATION?
The 990 for the year ended December 31, 2025 names ANANDKUMAR R KANNURPATTI.
Who are the officers and directors of IIT MADRAS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does IIT MADRAS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $14,139,143, expenses of $22,855,666 and total assets of $17,629,269 at year end.

Other nonprofits in CUPERTINO

All nonprofits in CUPERTINO · California · Human services