EIN 20-8520739

Deshpande Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2007
Most recent tax filings
2022-06-01
NTEE code, primary
Z99: Unknown
Description
Deshpande Foundation is a non-governmental organization founded in 1996 in the USA by Dr. Gururaj (Desh) and Jaishree Deshpande to accelerate the creation of sustainable and scalable enterprises that have significant social and economic impact.
Related structure
Deshpande Foundation is a subordinate organization under The Boston Foundation (TBF).
Total revenues
$126,792
2022
Total expenses
$711,056
2022
Total assets
$14,002,342
2022
Num. employees
0
2022

Program areas at Deshpande Foundation

Utilizing grant-making to promote geographically-relevant process, technological and social innovation and entrepreneurship.

Personnel at Deshpande Foundation

NameTitleCompensation
Serge BhachuChief Financial Officer$0
Greg BavingtonExecutive Director, Dunin Deshpande Queens Innovation Center, Queens University
Karina LeblancExecutive Director
Leon SandlerExecutive Director, Mit Deshpande Center for Technological Innovation
Raj MelvilleExecutive Director
...and 3 more key personnel

Financials for Deshpande Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$108,951
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$17,841
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$126,792

Form 990s for Deshpande Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062020-08-13990View PDF
2018-062019-08-13990View PDF
...and 8 more Form 990s

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Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $132,000 from The Ford Foundation
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 13, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
75 Arlington St FL 3
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
deshpandefoundation.org/ 
Phone
(508) 625-0725
IRS details
EIN
20-8520739
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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