The Friends of Indian School of Business is a private foundation focused on Education, based in OLD BRIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it made $8K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
-20.1% YoY
Revenue
$45
-11.8% YoY
Qualifying Distributions
$8K
Expenses
$17K
+245.8% YoY
Under IRS private-foundation payout rules, The Friends of Indian School of Business reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Friends of Indian School of Business
Based on IRS filings
The Friends of Indian School of Business is a private foundation focused on Education, based in OLD BRIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it made $8K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $66,614 | $83,352 | $88,155 |
| Revenue | $45 | $51 | $53 |
| Expenses | $16,783 | $4,854 | $10,662 |
| Qualifying Distributions | $7,892 | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,595 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEERAJ BHARADWAJ | DIRECTOR, CHAIRMAN, PRESIDENT | 1 | — |
| DON MOHANLAL | DIRECTOR, VICE-CHAIRMAN | 1 | — |
| GIRIDHAR CHODAVARUPU | DIRECTOR, SECRETARY | 1 | — |
| NITHIN SRINIVASAN | DIRECTOR, TREASURER | 1 | — |
| SOFIA MUMTAZ | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Friends of Indian School of Business?
The Friends of Indian School of Business is a private foundation focused on Education, based in OLD BRIDGE, NJ. It holds $67K in total assets as of 2024.
How large is The Friends of Indian School of Business?
As of 2024, The Friends of Indian School of Business holds $67K in total assets with $45 in annual revenue.
How much is The Friends of Indian School of Business required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Friends of Indian School of Business reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Friends of Indian School of Business's EIN?
The Friends of Indian School of Business's EIN (Employer Identification Number) is 94-3393113. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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