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Nonprofit · EIN 84-3298250

LAKSHAN FOUNDATION INC

Tax-exempt · PEACHTREE COR, GA 30092

Financials

$1.7M$2.5M2023$1.9M$2.3M2024$3.1M$3.1M2025
Revenue Expenses · by fiscal year end
Financials of LAKSHAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,070,031$3,091,515-$21,484$38,641,206$283$38,640,923
December 31, 2024990-PF$1,943,519$2,344,968-$401,449$38,663,207$686$38,662,521
December 31, 2023990-PF$1,669,985$2,515,136-$845,151$38,729,599$1,391$38,728,208
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,289,419
Interest
$217,717
Net gain from sales of assets
$1,562,893
Other income
$2

Expenses

Grants and similar amounts paid
$2,921,718
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,928,050
Excise tax on investment income
$40,886

Balance sheet and other

Total assets, start of year
$38,663,207
Total assets, end of year
$38,641,206
Total liabilities, end of year
$283
Net assets, end of year
$38,640,923
Fair market value of assets
$59,752,676
Qualifying distributions
$2,928,050
Net investment income
$3,070,031

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SUBRAMONIAN SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY2$0
LAKSHMI SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY0.5$0
AMBIKA SHANKAR
503 BURGWIN WRIGHT WAY, CARY, NC 27619
SECRETARY0.5$0
ANANTH SHANKAR
2142 INWOOD DRIVE, HOUSTON, TX 77019
SECRETARY0.5$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
SUBRAMONIAN SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY2$0
LAKSHMI SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY0.5$0
AMBIKA SHANKAR
11105 PARKVIEW LN, ALPHARETTA, GA 30005
SECRETARY0.5$0
ANANTH SHANKAR
2142 INWOOD DRIVE, HOUSTON, TX 77019
SECRETARY0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SUBRAMONIAN SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY2$0
LAKSHMI SHANKAR
5990 NEELY COURT, NORCROSS, GA 30092
SECRETARY0.5$0
AMBIKA SHANKAR
11105 PARKVIEW LN, ALPHARETTA, GA 30005
SECRETARY0.5$0
ANANTH SHANKAR
2142 INWOOD DRIVE, HOUSTON, TX 77019
SECRETARY0.5$0

Address and contacts

Address (IRS master file)
5990 NEELY CT, PEACHTREE COR, GA 30092-1418
In care of
% SUBRAMONIAN SHANKAR
Signed the 990-PF
SUBRAMONIAN SHANKAR, SECRETARY
Phone
(770) 246-8791
Return prepared by
BENNETT THRASHER 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-3298250
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
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$38,641,206
Income (IRS master file)
$8,513,261

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$3,070,031$3,091,515$38,641,206IRS
990-PFDecember 2024$1,943,519$2,344,968$38,663,207IRS
990-PFDecember 2023$1,669,985$2,515,136$38,729,599XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 84-3298250).

Questions about LAKSHAN FOUNDATION INC

What is the EIN of LAKSHAN FOUNDATION INC?
The employer identification number (EIN) of LAKSHAN FOUNDATION INC is 84-3298250.
Is LAKSHAN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to LAKSHAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LAKSHAN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of LAKSHAN FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKSHAN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of LAKSHAN FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does LAKSHAN FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,070,031, expenses of $3,091,515 and total assets of $38,641,206 at year end.

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