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EIN 82-5003065

Sitare Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Palo Alto
State
California
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
Q12: International, Foreign Affairs and National Security Fund Raising and Fund Distribution
Description
The Sitare Foundation provides high-quality education to underprivileged children in India through charitable projects and a fiscal sponsorship agreement with the Hope and Dreams Trust. By securing $20 million of contributions in only its fifth year, the foundation aims to give the brightest children the best possible education to help them realize their potential.
Total revenues
$4,055,470
2023
Total expenses
$4,076,467
2023
Total assets
$27,303,457
2023
Num. employees
0
2023

Program areas at Sitare Foundation

In only its sixth year since formation, the Sitare Foundation has secured $26 million of contributions to further its charitable purpose of providing education to underprivileged children in india.
The Foundation supports charitable projects for the hope and dreams trust through a fiscal sponsorship agreement to provide high-quality education to underprivileged children in india who show high academic potential

Who funds Sitare Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
GlobalGivingFunds Raised By Globalgiving and Disbursed To Meet Donor Expectations$3,955,673
Singhal Family Charitable FoundationGeneral & Unrestricted$2,721,708

Financials for Sitare Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,965,674
Program services$0
Investment income and dividends$89,796
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,055,470
Data update history
February 15, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Received grants
Identified 1 new grant, including a grant for $3,955,673 from GlobalGiving
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $1,250,000 from GlobalGiving
December 27, 2023
Received grants
Identified 1 new grant, including a grant for $1,774,264 from Singhal Family Charitable Foundation
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairs
Characteristics
Operates internationallyTax deductible donationsNo full-time employeesFiscal sponsorAccepts online donations
General information
Address
PO Box 51958
Palo Alto, CA 94303
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
San Mateo County, CA
Website URL
sitare.org/ 
Phone
(650) 305-5721
IRS details
EIN
82-5003065
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q12: International, Foreign Affairs and National Security Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0258378
FTB Entity ID
4123441
AB 488 data last updated ("as-of") date
2025-08-20
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