Nonprofit · EIN 87-4056490
KANWAL FOUNDATION INC
Tax-exempt · PLEASANTON, CA 94588
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF (amended) | $1,159,174 | $627,153 | $532,021 | $792,424 | $0 | $792,424 |
| December 31, 2023 | 990-PF | $440,956 | $604,203 | -$163,247 | $432,243 | $0 | $432,243 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,147,000
- Interest
- $12,174
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $435,999
- Excise tax on investment income
- $168
Balance sheet and other
- Total assets, start of year
- $432,243
- Total assets, end of year
- $792,424
- Total liabilities, end of year
- $0
- Net assets, end of year
- $792,424
- Qualifying distributions
- $445,999
- Net investment income
- $12,074
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUNINDER SINGH SAMBI 3206 BELVEDERE CT, Pleasanton, CA 94588 | PRESIDENT | 0 | $0 |
| AVNIT KAUR SAMBI 3206 BELVEDERE CT, Pleasanton, CA 94588 | VICE PRESIDENT | 0 | $0 |
| NIKHIL SHARMA 33830 FARMHOUSE ST, Fremont, CA 94555 | DIRECTOR | 0 | $0 |
| BALDEV GHUMAN 44382 POMACE ST, Fremont, CA 94539 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUNINDER SINGH SAMBI 3206 BELVEDERE CT, Pleasanton, CA 94588 | PRESIDENT | 0 | $0 |
| AVNIT KAUR SAMBI 3206 BELVEDERE CT, Pleasanton, CA 94588 | VICE PRESIDENT | 0 | $0 |
| NIKHIL SHARMA 33830 FARMHOUSE ST, Fremont, CA 94555 | DIRECTOR | 0 | $0 |
| BALDEV GHUMAN 44382 POMACE ST, Fremont, CA 94539 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3206 BELVEDERE CT, PLEASANTON, CA 94588-3132
- In care of
- % MUNINDER S SAMBI
- Signed the 990-PF
- MUNINDER S SAMBI, treasurer
- Phone
- (408) 685-1646
- Return prepared by
- United Tax LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 87-4056490 or by the name KANWAL FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-4056490
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $1
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,159,174 | $627,153 | $792,424 | XML |
| 990-PF | December 2023 | $440,956 | $604,203 | $432,243 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-4056490).
Questions about KANWAL FOUNDATION INC
- What is the EIN of KANWAL FOUNDATION INC?
- The employer identification number (EIN) of KANWAL FOUNDATION INC is 87-4056490.
- Is KANWAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to KANWAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does KANWAL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KANWAL FOUNDATION INC 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 KANWAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of KANWAL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does KANWAL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,159,174, expenses of $627,153 and total assets of $792,424 at year end.
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