SARAS FOUNDATION
EXCELSIOR,
Minnesota,
55331
EIN: 83-2686548
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
The specific purpose of Saras Foundation is to apply its corpus and income exclusively to purposes that are beneficial to the public interest, promote education and social welfare, and positively contribute to the quality of life of those served.
DEMOGRAPHIC
ADDRESS
105 MOUND AVE
55331
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
SARAS FOUNDATION is a based in EXCELSIOR, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in February 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,245,375.00, this ranks 192,578 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 4,255 out of 53,624 organizations in MN (Top 8%).
In hennepin county, MN, the organization ranks 1,573 out of 13,125 nonprofits by assets (Top 12%), while locally in excelsior, it stands at 17 among 162 organizations (Top 9%).
The organization reported no revenue in the most recent filing period, placing it at 1,924,584 nationally and 39,618 in MN.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, SARAS FOUNDATION ranks 9,679 in assets (Top 32%) and 4,573 in revenue (Top 15%).
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$480,085.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2019
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,245,375.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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