NonprofitsDeshpande Foundation Inc

Private Grantmaking Foundations

Deshpande Foundation Inc

BOSTON, MA

Total revenue

$110K

Total expenses

$681K

Net assets

$14.2M

Grants received

$3K

1 grants

EIN

208520739

Tax year

2023

Mission

The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue
Investment income$110K
Other revenue
Total revenue$110K

Expenses

Grants paid$100K
Salaries & benefits$429K
Fundraising
Other expenses$153K
Total expenses$681K
Total assets$14.2M
Net assets$14.2M

People

7 listed

NameRoleCompensation

Kate R Guedj

Treasurer & Director

Board

1 hrs/wk

Paul S Grogan

Clerk & Director

Board

1 hrs/wk

Gururaj Deshpande

President & Director

Board

5 hrs/wk

Hemang Dave

Director

Board

1 hrs/wk

Jaishree Deshpande

Director

Board

5 hrs/wk

Sushil Vachani

Director

Board

1 hrs/wk

Servjeet Bhachu

CFO

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$3K
Rural India Sandbox Ecosystems
2023

Funded by

$3K from 1 funder · 1 grant · 2023

Sodhani Foundation

$3K · 1 grant · 2023

Details

EIN208520739
NTEE codeT20
Subsection03
Ruling date2007-11
Formed2007
Employees0
Volunteers5
DESHPANDE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo