2026-03-12T06:26:04-06:00 2025-12-31 842693745 TRUANALYST SOLUTIONS LLP 1111 W MOCKINGBIRD LN STE 500 DALLAS TX 75247 990 2025-01-01 921826702 GOSUMEC FOUNDATION USA % SANJAY BINDRA GOSU 5105167677 177 TELLES LN FREMONT CA 94539 SANJAY BINDRA PRESIDENT & CEO 5105167677 2026-03-12 true UTSAV PANCHAL CPA P01997998 8065907818 2026-03-12 2025 2025-03-06 01:10:19Z 2815851 false X WWW.GOSUMEC.ORG X 2023 CA GOSUMEC FOUNDATION USA SUPPORTS DESERVING MEDICAL AND HEALTHCARE STUDENTS IN INDIA THROUGH NEED- AND MERIT-BASED SCHOLARSHIPS, MENTORSHIP, AND THE DEVELOPMENT OF A PERMANENT ENDOWMENT TO SUSTAIN EDUCATIONAL OPPORTUNITY FOR FUTURE GENERATIONS. 7 7 0 7 0 0 695440 2695636 0 17751 115615 11524 4600 724715 2815851 60000 72877 0 0 0 0 10688 7953 70688 80830 654027 2735021 1052088 3787109 0 1052088 3787109 GOSUMEC FOUNDATION USA SUPPORTS DESERVING MEDICAL AND HEALTHCARE STUDENTS IN INDIA THROUGH NEED- AND MERIT-BASED SCHOLARSHIPS, MENTORSHIP, AND THE DEVELOPMENT OF A PERMANENT ENDOWMENT TO SUSTAIN EDUCATIONAL OPPORTUNITY FOR FUTURE GENERATIONS. false false 72877 GOSUMEC FOUNDATION USA SUPPORTS MEDICAL AND HEALTHCARE STUDENTS IN INDIA THROUGH NEED- AND MERIT-BASED SCHOLARSHIPS AND EDUCATIONAL SUPPORT INITIATIVES. SCHOLARSHIPS ARE ADMINISTERED IN PARTNERSHIP WITH THE FOUNDATION FOR EXCELLENCE (FFE), WHICH PERFORMS STUDENT ELIGIBILITY VERIFICATION, FINANCIAL NEED ASSESSMENTS, AND OVERSEES SCHOLARSHIP DISBURSEMENT. THE FOUNDATION IS ALSO BUILDING A PERMANENT SCHOLARSHIP ENDOWMENT DESIGNED TO PROVIDE SUSTAINABLE SUPPORT FOR FUTURE GENERATIONS OF STUDENTS. DURING THE YEAR, THE FOUNDATION SUPPORTED SCHOLARSHIPS AND EDUCATIONAL ASSISTANCE FOR MEDICAL STUDENTS ASSOCIATED WITH SETH G.S. 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AWARDS ARE GRANTED BASED ON FINANCIAL NEED (FAMILY INCOME BELOW INR 8,00,000) AND MERIT, WITH SCHOLARSHIP GIVEN TO STUDENTS WHO ACHIEVE A NEET ENTRANCE EXAM RANK BETTER THAN 40,000. X 5 182016 FMV false false false Form 990 governing body review Part VI line 11 THE BOARD REVIEWS FORM 990 BEFORE FILING. Conflict of interest policy compliance Part VI line 12c COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD PERIODICALLY. Governing documents etc available to public Part VI line 19 DOCUMENTS ARE AVAILABLE ON OUR WEBSITE - WWW.GOSUMEC.ORG/FINANCIALS General explanation attachment VOLUNTEER-LED OPERATIONAL MODEL - GOSUMEC FOUNDATION USA OPERATES AS A VOLUNTEER-LED NONPROFIT ORGANIZATION WITHOUT PAID STAFF. ADMINISTRATIVE AND OPERATIONAL ACTIVITIES ARE SUPPORTED BY MEMBERS OF THE BOARD OF DIRECTORS AND VOLUNTEERS. USE OF TECHNOLOGY INFRASTRUCTURE - THE FOUNDATION UTILIZES A LEAN TECHNOLOGY INFRASTRUCTURE FOR DONOR MANAGEMENT, COMMUNICATIONS, STORYTELLING, AND TRANSPARENCY. THIS APPROACH ALLOWS THE FOUNDATION TO OPERATE EFFICIENTLY WHILE MAINTAINING VERY LOW ADMINISTRATIVE COSTS. PERMANENT SCHOLARSHIP ENDOWMENT STRATEGY - A PORTION OF CONTRIBUTIONS RECEIVED BY THE FOUNDATION ARE ALLOCATED TO A PERMANENT SCHOLARSHIP ENDOWMENT INTENDED TO GENERATE INVESTMENT INCOME TO SUPPORT SCHOLARSHIPS FOR FUTURE GENERATIONS WHILE PRESERVING THE ORIGINAL DONOR CAPITAL.