Nonprofit · EIN 42-1477858
SEHGAL FOUNDATION
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $8,089,183 | $4,017,154 | $4,072,029 | $57,143,448 | $1,583 | $57,141,865 |
| December 31, 2023 | 990-PF | $3,094,839 | $3,670,706 | -$575,867 | $53,087,961 | $5,466 | $53,082,495 |
| December 31, 2022 | 990-PF (amended) | $1,526,776 | $1,905,640 | -$378,864 | $53,695,394 | $12,804 | $53,682,590 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $878,519
- Dividends
- $2,838,968
- Interest
- $159,384
- Net gain from sales of assets
- $4,211,317
- Other income
- $995
Expenses
- Grants and similar amounts paid
- $3,018,750
- Compensation of officers, directors and key employees
- $225,460
- Disbursements for charitable purposes
- $3,609,075
- Excise tax on investment income
- $95,979
Balance sheet and other
- Total assets, start of year
- $53,087,961
- Total assets, end of year
- $57,143,448
- Total liabilities, end of year
- $1,583
- Net assets, end of year
- $57,141,865
- Fair market value of assets
- $75,869,856
- Qualifying distributions
- $3,609,075
- Net investment income
- $7,210,664
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 | Other / benefits |
|---|---|---|---|---|
| RAJAT J SEHGAL 11330 WESSINGTON MANOR LANE, FORT MILL, SC 29715 | EXECUTIVE VICE PRESIDENT | 40 | $197,258 | $28,202 |
| VICKI D SEHGAL 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR, PRESIDENT | 0 | $0 | $0 |
| BERND U SEHGAL 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR, VICE PRESIDENT | 0 | $0 | $0 |
| MAUREEN SMITH 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR, SECRETARY | 0 | $0 | $0 |
| KENAI K SEHGAL 172 MESEROLE STREET APT 4B, BROOKLYN, NY 11206 | DIRECTOR, TREASURER | 0 | $0 | $0 |
| SURINDER M SEHGAL 16340 OAKS PARK LOOP, FORT MYERS, FL 33908 | DIRECTOR | 0 | $0 | $0 |
| EDDA G SEHGAL 16340 OAKS PARK LOOP, FORT MYERS, FL 33908 | DIRECTOR | 0 | $0 | $0 |
| OLIVER S SEHGAL 100 COURT AVENUE SUITE 211, DES MOINES, IA 50309 | DIRECTOR | 0 | $0 | $0 |
| RYAN CLUTTER 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR | 0 | $0 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAJAT J SEHGAL 11330 WESSINGTON MANOR LANE, FORT MILL, SC 29715 | EXECUTIVE VICE PRESIDENT | 40 | $188,158 | $26,841 |
| SURINDER M SEHGAL 16340 OAKS PARK LOOP, FORT MYERS, FL 33908 | DIRECTOR, PRESIDENT & TREASURER | 0 | $0 | $0 |
| EDDA G SEHGAL 16340 OAKS PARK LOOP, FORT MYERS, FL 33908 | DIRECTOR, VICE PRESIDENT & SECRETARY | 0 | $0 | $0 |
| KENAI K SEHGAL 172 MESEROLE STREET APT 4B, BROOKLYN, NY 11206 | DIRECTOR | 0 | $0 | $0 |
| BERND U SEHGAL 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR | 0 | $0 | $0 |
| OLIVER S SEHGAL 100 COURT AVENUE SUITE 211, DES MOINES, IA 50309 | DIRECTOR | 0 | $0 | $0 |
| VICKI D SEHGAL 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR | 0 | $0 | $0 |
| RYAN CLUTTER 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR | 0 | $0 | $0 |
| MAUREEN SMITH 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR | 0 | $0 | $0 |
990-PF for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAJAT J SEHGAL 13432 LAKE SHORE DRIVE, CLIVE, IA 50325 | EXECUTIVE VP | 40 | $180,191 | $35,540 |
| KHUSHBU SRIVASTAVA 100 COURT AVE STE 211, DES MOINES, IA 50309 | DIR OF DEVELOP - THR Highest-paid employee | 40 | $84,087 | $14,494 |
| SURINDER M SEHGAL 10100 CYPRESS COVE DR APT 243, FORT MYERS, FL 33908 | DIRECTOR, PRES. & TREAS. | 0 | $0 | $0 |
| EDDA G SEHGAL 10100 CYPRESS COVE DR APT 243, FORT MYERS, FL 33908 | DIRECTOR, V.PRES. & SEC. | 0 | $0 | $0 |
| KENAI K SEHGAL 172 MESEROLE ST APT 4B, BROOKLYN, NY 11206 | DIRECTOR | 0 | $0 | $0 |
| BERND U SEHGAL 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR | 0 | $0 | $0 |
| OLIVER S SEHGAL 100 COURT AVENUE SUITE 211, DES MOINES, IA 50309 | DIRECTOR | 0 | $0 | $0 |
| VICKI D SEHGAL 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR | 0 | $0 | $0 |
| RYAN CLUTTER 5125 WELKER AVENUE, DES MOINES, IA 50312 | DIRECTOR | 0 | $0 | $0 |
| MAUREEN SMITH 716 JUDSON AVENUE, EVANSTON, IL 60202 | DIRECTOR | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 COURT AVE STE 211, DES MOINES, IA 50309-2213
- In care of
- % G R NEUMANN
- Signed the 990-PF
- VICKI SEHGAL, PRESIDENT
- Phone
- (515) 288-0010
- Return prepared by
- RSM US LLP
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
- 42-1477858
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $57,143,448
- Income (IRS master file)
- $26,173,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $8,089,183 | $4,017,154 | $57,143,448 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $3,094,839 | $3,670,706 | $53,087,961 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | $1,526,776 | $1,905,640 | $53,695,394 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 42-1477858).
Questions about SEHGAL FOUNDATION
- What is the EIN of SEHGAL FOUNDATION?
- The employer identification number (EIN) of SEHGAL FOUNDATION is 42-1477858.
- Is SEHGAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to SEHGAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SEHGAL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SEHGAL FOUNDATION 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 SEHGAL FOUNDATION 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 SEHGAL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $197,258 (RAJAT J SEHGAL, EXECUTIVE VICE PRESIDENT).
- How much revenue does SEHGAL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,089,183, expenses of $4,017,154 and total assets of $57,143,448 at year end.
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All nonprofits in DES MOINES · Iowa · Philanthropy, voluntarism and grantmaking foundations