NonprofitsJoy Thomas Foundation

Employment

Joy Thomas Foundation

LOS ALTOS HLS, CA

Total revenue

$50K

Total expenses

$38K

Net assets

$894K

Grants received

$268K

8 grants

EIN

854238139

Tax year

2023

Mission

The organization's mission is to inspire students to pursue careers in science, technology, engineering and mathematics. The organization attempts to do so by providing mentoring, training and partial financing to disadvantaged college and high school students. Additionally, the organization intends to keep alive the legacy of Joy Thomas through awards for research conducted in the field of Information Theory.

Programs

3 programs

Funded the establishment of a science lab in a high school in India. Paid for setting up the lab, purchasing supplies, compensating an instructor and for day to day operations of the lab.

Expenses: $16KGrants: $16K

Sponsored 5 interns to work on a project for a company during the summer of 2023.

Expenses: $9KGrants: $9K

Partially funded the education of college students from underprivileged backgrounds in India.

Expenses: $3KGrants: $3K

Financials

FY 2023

Revenue

Contributions & grants$30K
Program service revenue
Investment income$20K
Other revenue
Total revenue$50K

Expenses

Grants paid$30K
Salaries & benefits
Fundraising
Other expenses$7K
Total expenses$38K
Total assets$894K
Net assets$894K

People

4 listed

NameRoleCompensation

Shyam Pillamarri

President and Director

Board

3 hrs/wk

Priya Pattathil

Director

Board

2 hrs/wk

Tony Thomas

Director

Board

1 hrs/wk

Yatin Mody

Treasurer

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$50K
HUMAN SERVICES
2021
$30K
For grant recipient's exempt purposes
2021
$30K
For grant recipient's exempt purposes
2021
$10K
For recipient's exempt purpose
2021

Funded by

$268K from 6 funders · 8 grants · 2021–2023

Details

EIN854238139
NTEE codeJ20
Subsection03
Ruling date2021-08
Formed2020
Employees0
Volunteers20
JOY THOMAS FOUNDATION — Mission, Financials & Grants Received | Grantivo