2024-08-09T07:31:40-05:00 2023-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2023-01-01 464447005 Alka & Ajay Gupta aka Indus Cares Foundation ALKA 7137745618 7915 Westglen Drive Houston TX 77063 Ajay Gupta President 7137745618 2024-08-09 1 0 Kurt Coburn P01638285 7134395739 2024-08-09 2023 2024-08-08 14:25:15Z X 5114023 X 506350 38082 38082 1024 1024 -1323 27575 0 -2295 12627 541838 51733 0 0 0 3800 1100 1900 51272 2510 48762 4954 4339 38150 38150 0 21321 4185 16176 119497 50284 66838 28653 28653 148150 50284 95491 393688 1449 37893 9795 9795 1002172 871677 887519 519 519 200 200 200 0 678923 742990 393633 8678 389294 384955 791694 142019 144793 2645000 36921 615 0 36306 36306 1571578 2127168 5114023 490194 652096 490194 652096 X 0 0 0 0 1081384 1475072 1081384 1475072 1571578 2127168 1081384 393688 0 1475072 0 1475072 Publicly traded securities 27575 28898 -1323 -1323 -1323 20 0 20 0 20 0 0 1000 0 1000 0 980 980 0 1 1 1 50 0 0 0 0 1 1 0 1 1 TX 1 0 1 0 1 1 https://www.induscares.org Ajay Gupta 7137745618 7915 Westglen Drive Houston TX 77063 0 0 1 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 Ajay Gupta 7915 Westglen Drive Houston TX 77063 President 1.00 0 0 0 Mihir Gupta 7915 Westglen Drive Houston TX 77063 Vice Pres. 1.00 0 0 0 Alka Gupta 7915 Westglen Drive Houston TX 77063 Secretary 1.00 0 0 0 Avani Gupta 7915 Westglen Drive Houston TX 77063 Treasurer 1.00 0 0 0 NONE 0 NONE 0 See Statement 14 101859 0 120900 1157423 3436694 4715017 0 0 4715017 70725 4644292 232215 232215 20 20 232195 0 232195 0 232195 95491 0 36921 132412 232195 0 0 29984 79962 36844 66427 213217 132412 0 0 0 132412 0 99783 99783 113434 0 0 0 0 0 0 0 113434 10163 36844 66427 Ajay Gupta X Greater Houston Community Foundation 516 Post Oak Boulevard Suite 1000 Houston TX 77027 N/A PC General support 18653 India House 8888 W Bellfort Ave Houston TX 77031 N/A PC General support 10000 28653 0 14 38082 14 1024 18 -1323 K-1 income/loss 523000 -237672 14 235377 -237672 273160 0 35488 0 0 0 0 0 0 0 0 0 0 X X 1 JNA Apartments LLC 7915 Westglen Dr Houston TX 77063 16000 X 2 JSN Apartments LLC 7915 Westglen Dr Houston TX 77063 30000 X 3 HHM Apartments LLC PO Box 273066 Houston TX 772773066 10000 X 4 KBL Apartments LLC 7915 Westglen Dr Houston TX 77063 30000 X 5 First Horizon Bank 3810 Richmond Ave Houston TX 77027 10000 X 6 SS Apartments LLC 7915 Westglen Dr Houston TX 77063 80000 X 7 JJL Apartments LLC 7915 Westglen Dr Houston TX 77063 40000 X 8 RRG Apartments LLC 7915 Westglen Dr Houston TX 77063 80000 X 9 HB Apartments LLC 7915 Westglen Dr Houston TX 77063 50000 X 10 ADP Apartments LLC 7915 Westglen Dr Houston TX 77063 16000 X 11 NBL Apartments LLC 7915 Westglen Dr Houston TX 77063 13600 X 12 SKV Apartments LLC 7915 Westglen Dr Houston TX 77063 80000 X 13 SRG Apartments LLC 7915 Westglen Dr Houston TX 77063 50000 X Tax compliance 3300 850 1650 Accounting 500 250 250 Improvements 2022-01-01 169233 4339 SL 39.000000000000 4339 4339 Van 2023-11-28 36921 SL 5.000000000000 615 0 Land 2022-01-01 224400 L 0 0 The Foundation inadvertantly made a campaign contribution of $500 to Alex Kamkar, a candidate for city council of Pearland, TX. The payment was intended to have been made by Indus Administrative Services, LLC, a disqualified person with respect to the foundation. The foundation was reimbursed plus interest, accrued at the applicable federal rate, once the error was discovered. Part VIII-A, Direct Charitable Activities Foundation 2023 ActivitiesWe partner with organizations to bring programs and services to assist our residents and their families at respective or neighboring Indus communities. We have worked hard to bring opportunities to all our residents of all ages and communities. A. In 2023, we have been involved with the following programs and services: - Texas Children's Hospital Kid's immunizations via their mobile trailer - Memorial Hermann Community Health Worker meeting with residents on an ongoing basis to help them enroll for Gold Card, Medicaid/Medicare - Rupani Foundation for various classes, including, Early Childhood Development Classes from Birth to 3 years old, Summer Camps, and Father's Group - Houston Public Library - donated books in English and Spanish for Kids used to stock the Little Free Library and given away to kids and families - YMCA International Refugee Services, including ESL, Health, Socialization, and Job Training - Bilingual Education Institute (BEI) for ESL for refugees and working to expand their programs to other communities - Second Servings Only food rescue organization in Houston and provides ongoing food distribution to Indus Communities - Kids Foundation - daily free meals for kids - Social Motion Skills (recently merged with the Center for Pursuit) - Learn2Work office program with their students (Corporate office) - TEC Center for young with Autism to provide job training skills (Sharpstown Garden) - Community space for their volunteers (Hawthorne) - Kid's Club: ongoing program on Saturdays that offer kids activities and socialization for refugee families - Solid Rock Ministry - Hosted Global Youth Day and December holiday event with food, games, crafts, band, and toy giveaways - Motorcycle Ministries participated in holiday festivities - Greater Houston Community Foundation Scholarship Program - Daya Houston (Domestic Violence Services) - Organization places and pays for clients rent for one full year including utilities - Gulfton Citizen Advisory's Council Providing assistance for domestic violence victims, etc. as needed - Texas Congregational Disaster Readiness for Covid vaccines - Texas A&M - Texans health program for residents - Kid's Meals Inc. - open to all residents at all communities for kids under age 5 to receive free daily meal, during the summer all kids under age 17 receive free meal, and designed over 3,000 lunch bags for the kids - Collecting toy donations for HFD for Operation Stocking Stuffer distribution B. Other Highlights of 2023: Food Distribution: - Second Servings: Began collaboration October 2021 11 Indus Communities served on a regular basis (additional locations served as-needed), over 198,000 lbs of food and 150 deliveries - Kid's Foundation: Approximately 80,000 daily meals provided monthly after-school to children at Indus Communities - Kid's Meals Inc: Approximately 100,000 meals provided to children at Indus Communities. Health and Education: - Texas Children's Mobile Unit visited over 10 of our communities to provide immunizations for back to school and flu season Events: - Our holiday events at the communities were lively and full of holiday joy. We had a holiday event at each of our communities. Where children could take pictures in front of the tree or with Santa. Other fun activities were managed by volunteers who played and brought games for the families. Indus Cares received a grant from First Horizon and used it to purchase and give away gifts including toys, crafts, sports equipment, warm clothing, and other holiday giveaways. Another donor helped bring approximately $6,000 worth of toys and gifts for a holiday event. - Donation drive for Toys to Operation Stocking Stuffer hosted by the Houston Police Department and Houston Fire Department. - 2 Donation drives by the Seventh Day Adventist Church to residents with furniture, clothing, home goods valued at over $60,000. - Distributed over 3,000 backpacks filled with school supplies to children in all 37 communities. - We hosted over 24 Halloween events with Trick or Treat bags filled with candy and safety tips for Trick or Treating - We contributed School Supplies to the HPD Southwest Management District School Supply drive. Employee Scholarship Program - In 2022, we transitioned our program to the Greater Houston Community Foundation to have them administer the program and set up 2 funds totaling $200,000 to endow the scholarships - We set up 2 scholarship funds - High School ($750 each): In 2022: 6 students were awarded scholarships ($4,500 total); in 2023: 8 students were awarded scholarships ($6,000 total) - College ($2,000 each): 19 students were awarded scholarships ($38,000); in 2023, 10 students were awarded scholarships ($20,000) - Fees to support the scholarship funds are also a donation to Greater Houston Community Foundation - Over 3 years, $201,000 in scholarships have been awarded Alphabet Inc Cl A - 106 Shs 14297 14807 Amazon Com Inc - 149 Shs 21814 22639 Apple Inc - 75 Shs 14358 14440 Axsome Therapeutics Inc - 484 Shs 28847 38522 Berkshire Hathaway Cl-B New - 40 Shs 14365 14266 Blackstone Inc - 477 Shs 50506 62449 Caterpillar Inc - 263 Shs 65604 77761 Crowdstrike Hldgs Inc Cl A - 34 Shs 7070 8681 Digital Realty Trust Inc - 107 Shs 14317 14400 Live Nation Entertainment Inc - 587 Shs 51709 54943 Novo Nordisk A/S Adr - 562 Shs 57652 58139 Palo Alto Networks Inc - 57 Shs 14296 16808 Tesla Inc - 277 Shs 64882 68829 TJX Cos Inc New - 162 Shs 14381 15197 Toyota Motor Cp Adr New - 193 Shs 36031 35392 Union Pacific Corp - 165 Shs 35959 40527 CONS Discret Sel Sect Spdr Fd - 342 Shs 57255 61153 CONS Staples Sel Sect Spdr Fd - 938 Shs 65070 67564 Ishares Global Clean Energ Etf - 971 Shs 14016 15119 Ishares N American Tech Soft - 19 Shs 7169 7707 Ishares Us Aerospace & Def Etf - 61 Shs 7099 7723 SPDR S&P Homebuilders - 271 Shs 22226 25924 Improvements 169233 8678 160555 127172 Land 224400 0 224400 673200 GGN Apartments AT COST 11876 180000 JRK Apartments AT COST 121889 450000 JSK Apartments AT COST 0 560000 SWG Apartments AT COST 11028 300000 MVD Apartments AT COST 0 420000 MMN Apartments AT COST 0 160000 KBB Apartments AT COST 0 275000 JNA Apartments AT COST 0 120000 PSK Apartments AT COST 0 120000 ADP Apartments AT COST 0 60000 Van 36921 615 36306 36306 Office, meeting expenses 7690 0 7690 Other direct charitable expenses 8185 0 8185 K-1 expenses 960 0 0 Telephone 285 0 285 Insurance 4185 4185 0 Auto expense 16 0 16 K-1 income/loss -2295 12627 -2295 ADP Apartments LLC - net allocable qualified non-recourse debt 4211 2135 JNA Apartments LLC - net allocable qualified non-recourse debt 135527 141400 PSK Apartments LLC - net allocable qualified non-recourse debt 72692 81026 MMN Apartments LLC - net allocable qualified non-recourse debt 76699 88144 MVD Apartments LLC - net allocable qualified non-recourse debt 174555 225229 KBB Apartments LLC - net allocable qualified non-recourse debt 26510 44365 JSK Apartments LLC - net allocable qualified non-recourse debt 0 69797 Investment management fees 810 810 0 Philanthropic consulting 7500 0 7500 Property tax consultant 1700 1700 0 Photography 400 0 400 Activities director 40862 0 40862 JSN Apartments LLC 7915 Westglen Dr Houston TX 77063 HHM Apartments LLC PO Box 273066 Houston TX 772773066 KBL Apartments LLC 7915 Westglen Dr Houston TX 77063 SS Apartments LLC 7915 Westglen Dr Houston TX 77063 JJL Apartments LLC 7915 Westglen Dr Houston TX 77063 RRG Apartments LLC 7915 Westglen Dr Houston TX 77063 HB Apartments LLC 7915 Westglen Dr Houston TX 77063 ADP Apartments LLC 7915 Westglen Dr Houston TX 77063 NBL Apartments LLC 7915 Westglen Dr Houston TX 77063