Nonprofit · EIN 74-3025296
VASHISHT FOUNDATION
Tax-exempt · ARLINGTON, TX 76013
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $23,434,043 | $8,464,298 | $14,969,745 | $24,869,416 | $0 | $24,869,416 |
| December 31, 2023 | 990-PF | $4,029,553 | $805,002 | $3,224,551 | $19,976,177 | $0 | $19,976,177 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,179,488
- Dividends
- $143,839
- Interest
- $81,021
- Net gain from sales of assets
- $12,903,463
- Other income
- $126,232
Expenses
- Grants and similar amounts paid
- $8,325,382
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $8,325,382
- Excise tax on investment income
- $183,921
Balance sheet and other
- Total assets, start of year
- $19,976,177
- Total assets, end of year
- $24,869,416
- Total liabilities, end of year
- $0
- Net assets, end of year
- $24,869,416
- Fair market value of assets
- $24,869,416
- Qualifying distributions
- $8,325,382
- Net investment income
- $13,254,555
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 |
|---|---|---|---|
| NARESH K VASHISHT 5920 MARINA BAY CT, ARLINGTON, TX 76013 | TRUSTEE/ PRESIDENT | 1 | $0 |
| NITI ROSS 2600 ROYAL GLEN, ARLINGTON, TX 76012 | TRUSTEE | 1 | $0 |
| NEHA VASHISHT 3317 CARUTH BLVD, DALLAS, TX 75225 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NARESH K VASHISHT 5920 MARINA BAY CT, ARLINGTON, TX 76013 | TRUSTEE/ PRESIDENT | 1 | $0 |
| NITI ROSS 2600 ROYAL GLEN, ARLINGTON, TX 76012 | TRUSTEE | 1 | $0 |
| NEHA VASHISHT 3317 CARUTH BLVD, DALLAS, TX 75225 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5920 MARINA BAY CT, ARLINGTON, TX 76013-5248
- In care of
- % NARESH K VASHISHT
- Signed the 990-PF
- NARESH K VASHISHT, PRESIDENT
- Phone
- (817) 966-0464
- Return prepared by
- PWC US TAX 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
- 74-3025296
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $24,869,416
- Income (IRS master file)
- $27,020,551
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $23,434,043 | $8,464,298 | $24,869,416 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $4,029,553 | $805,002 | $19,976,177 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 74-3025296).
Questions about VASHISHT FOUNDATION
- What is the EIN of VASHISHT FOUNDATION?
- The employer identification number (EIN) of VASHISHT FOUNDATION is 74-3025296.
- Is VASHISHT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to VASHISHT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does VASHISHT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of VASHISHT 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 VASHISHT 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 VASHISHT FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does VASHISHT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $23,434,043, expenses of $8,464,298 and total assets of $24,869,416 at year end.
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