2025-11-17T18:02:09-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2024-01-01 776141976 SANKARA EYE FOUNDATION USA SANK 8667265272 1900 MCCARTHY BLVD 207 MILPITAS CA 95035 K MURALIDHARAN EXECUTIVE CHAIRMAN 8667265272 2025-11-17 1 0 BRIAN YACKER P00401346 9492222999 2025-11-17 2024 2025-03-06 01:10:19Z K MURALIDHARAN 1900 MCCARTHY BLVD 207 MILPITAS CA 95035 20559860 0 X GIFTOFVISION.ORG X 1998 CA ERADICATING CURABLE BLINDNESS IN INDIA THROUGH FREE SURGERIES AND FUNDED EYE HOSPITALS. 7 6 4 200 0 0 11299254 12845001 0 0 116796 306655 -904512 -608861 10511538 12542795 11099270 9807887 0 0 294737 515039 0 0 640815 1197431 1489291 12591438 11812217 -2079900 730578 8000371 8682861 624109 577578 7376262 8105283 X TO WORK TOWARDS ERADICATING CURABLE BLINDNESS ALL OVER INDIA. OUR KEY PROGRAM IS VISION 20/20 - WITH THE GOAL OF PERFORMING 500,000 FREE SURGERIES PER YEAR THROUGHOUT INDIA. WE HAVE BEEN PRIMARILY PARTNERING WITH SANKARA EYE FOUNDATION IN INDIA IN OUR MISSION AND JOINTLY HAVE ESTABLISHED 9 HOSPITALS IN 7 STATES. THESE EFFORTS HAVE PROVIDED FOR OVER 160,000 FREE EYE SURGERIES ANNUALLY FOR THE RURAL POOR - MAKING IT AMONG THE LARGEST FREE EYE CARE PROVIDERS IN THE WORLD. 0 0 5492577 5294605 PROVIDING FINANCIAL SUPPORT TO SEF, INDIA TO BUILD SUPER SPECIALITY EYE CARE HOSPITALS ACROSS DIFFERENT STATES IN INDIA. 4742581 4513282 GENERAL SURGERIES FUND FOR PROVIDING EYE CARE BY PROVIDING FINANCIAL SUPPORT TO SEF INDIA, VISION INDIA FOUNDATION AND VISION FOUNDATION OF INDIA. 10235158 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 4 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CO CT DC FL GA IL KY MA MD ME MI NC NH NJ NM NV NY OH OR PA SC TN UT VA WA WI WV X X X SASIKALA MURALIDHARAN 4084560555 1900 MCCARTHY BLVD 207 MILPITAS CA 95035 K SRIDHARAN PRESIDENT/SECRETARY 3.00 X X 0 0 0 PADMA PARTHASARATHY CFO/TREASURER 3.00 X X 0 0 0 DIVYOGI PATEL COO/DIRECTOR 40.00 X X 132000 0 2687 SUNDAR RADHAKRISHNAN DIRECTOR 3.00 X 0 0 0 VENKAT MADDIPATI DIRECTOR 3.00 X 0 0 0 ANJUBEN DESAI DIRECTOR 3.00 X 0 0 0 SUMANTH RAJAGOPAL DIRECTOR 3.00 X 0 0 0 KRISHNAMURTHY MURALIDHARAN CEO/EXECUTIVE CHAIRMAN 40.00 X 132000 0 5610 GEETA KUMAR DIRECTOR, DONOR RELATIONS 40.00 X 134834 0 0 398834 0 8297 3 0 0 0 0 465465 12379536 309654 12845001 314859 314859 7400000 7408204 -8204 -8204 -8204 0 465465 608861 -608861 -608861 12542795 0 0 -302206 51850 51850 9756037 9756037 272297 68366 114484 89447 176800 21325 155475 29658 4972 22984 1702 36284 6898 23080 6306 22678 22678 67079 67079 447467 170135 277332 529368 105874 423494 211499 27995 63638 119866 22608 22608 89811 14047 75764 35428 35428 603 603 11693 11693 PRODUCTION & DESIGN 51057 7659 43398 11812217 10235158 936244 640815 1309896 1375378 5092837 5380267 1079310 1470974 830 2625 26643 25436 1810 1207 515688 452410 8000371 8682861 110209 119654 513900 457924 624109 577578 X 3907462 2788615 3468800 5316668 7376262 8105283 8000371 8682861 730578 -1557 0 X X 0 1 X 1 0 X 7032759 7169247 10086849 11299254 12845001 48433110 7032759 7169247 10086849 11299254 12845001 48433110 1732386 46700724 39972 26195 30009 110394 314859 521429 48954539 0.95400 0.96460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26643 25436 1207 1207 DEPOSITS 3240 OPERATING LEASE, RIGHT-OF-USE ASSETS 449170 452410 OPERATING LEASE LIABILITIES 457924 457924 X 12760299 -1557 -1557 12761856 -219061 -219061 12542795 12031278 219061 219061 11812217 0 11812217 PART X, LINE 2: THE FOUNDATION HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND BY THE CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. CONTRIBUTIONS TO THE FOUNDATION ARE TAX DEDUCTIBLE TO DONORS UNDER SECTION 170 OF THE IRC. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. GAAP PROVIDES DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND DOES NOT BELIEVE THAT THE FOUNDATION HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE TO FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -219,061. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 219,061. 1 SOUTH ASIA 0 0 GRANTMAKING 9756037 0 0 0 0 0 0 9756037 0 9756037 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY AND CONSTRUCTION SUPPORT 3070516 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY AND CONSTRUCTION SUPPORT 2747800 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY SUPPORT 1712333 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, CONSTRUCTION SUPPORT 1195853 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY SUPPORT 343096 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY AND CONSTRUCTION SUPPORT 337896 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY SUPPORT 225140 INTERNATIONAL WIRES 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SURGERY SUPPORT 123403 INTERNATIONAL WIRES 0 8 0 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE MADE BY SEF USA TO EYE CARE PROVIDERS IN INDIA - THAT INCLUDES OUR PRIMARY PARTNER SANKARA, INDIA (SRI KANCHI KAMAKOTTI MEDICAL TRUST : SKKMT), AND OTHER ASSOCIATE EYE CARE PROVIDERS IN OTHER PARTS OF INDIA. GRANTS MADE FALL BROADLY INTO 3 TYPES AND THE ASSOCIATED MONITORING FOR EACH IS DETAILED BELOW 1)SUPPORT FOR OPERATING EXPENSES (UNRESTRICTED) WE RECEIVE THE ANNUAL OPERATING BUDGETS FOR THE FISCAL YEAR ALONG WITH THE ACTUAL PERFORMANCE AND AUDITED FINANCIAL STATEMENTS OF PAST 3 YEARS WHILE MAKING THE GRANT DECISION FOR THE UPCOMING YEAR. ONCE A GRANT FOR OPERATING EXPENSE IS MADE - WE RECEIVE QUARTERLY FINANCIAL STATEMENTS (ACTUALS VS BUDGETS) AND A FORECAST FOR THE REMAINDER OF THE FISCAL YEAR, ALONG WITH CERTIFIED STATEMENTS FROM AUDITORS ON PERIODIC BASIS. WE HOLD DETAILED QUARTERLY REVIEWS WITH OUR MAJOR PARTNERS, AND ON-SITE VISITS FROM TIME TO TIME TO MONITOR PROGRESS. BESIDES FINANCIAL MONITORING - WE REQUEST ASSOCIATE EYE CARE PROVIDERS TO UPLOAD FREE SURGERY INFORMATION ON A WEEKLY/ FORTNIGHTLY/ MONTHLY BASIS INTO A CENTRAL PORTAL DEPENDING ON THE VOLUME OF SURGERIES THAT ARE PERFORMED. 2)SUPPORT BY AN INSTITUTION / DONOR FOR A SPECIFIC PURPOSE (RESTRICTED) THESE ARE RESTRICTED FUNDS AND WE PROVIDE THE INSTITUTION/ DONOR WITH REPORTS AND MONITOR PROGRESS AS PER THE NORMS SPECIFIED BY THE INSTITUTION/ DONOR. 3)SUPPORT FOR CAPITAL EXPENDITURE IN SETTING UP NEW HOSPITALS, UPGRADING AND EXPANDING EXISTING HOSPITALS (RESTRICTED) ONCE A CAPITAL PROJECT IS APPROVED BY THE SEF USA BOARD - THE EYE CARE PROVIDER IS REQUESTED TO SUBMIT A PROJECT INITIATION DOCUMENT. THE PROJECT INITIATION DOCUMENT COVERS FULL DETAILS OF THE PROPOSED PROJECT IN TERMS OF CAPITAL EXPENSES UNDER VARIOUS HEADS, AS WELL AS A BUSINESS PLAN FOR THE FIRST 3 YEARS. BASED ON THE APPROVED PROJECT PLAN - SEF USA STARTS FUND RAISING EFFORTS. NO ACTUAL WORK ON THE PROJECT COMMENCES UNTIL 70% OF THE FUNDS FOR THE PROJECT HAVE BEEN RAISED. ONCE WORK ON THE PROJECT COMMENCES - WE MONITOR THE PROGRESS OF THE PROJECT THROUGH DETAILED PROJECT STATUS REPORTS - WITH BUDGET VS ACTUAL, PERCENTAGE COMPLETION, AND FUNDS NEEDED TO COMPLETE THE PROJECT. FULL DETAILS OF ACTUAL PAYMENTS TO SUPPLIERS AND CONTRACTORS AS WELL AS DETAILS ON FUNDING RECEIVED FROM OTHER DONORS AND FUNDING AGENCIES ARE REVIEWED REGULARLY. IN ALL CASES FUNDS ARE DISBURSED ONLY ON RECEIPT OF FUND REQUISITIONS WITH SUPPORTING DOCUMENTATION AS LAID OUT IN THE GRANT APPROVAL. WE FOLLOW A DETAILED DUE DILIGENCE PROCESS PRIOR TO MAKING A FIRST GRANT TO AN EYE CARE PROVIDER - AND THIS PROCESS INCLUDES A SITE VISIT, MEDICAL REVIEW, FINANCIAL REVIEW AND EXAMINATION OF ALL COMPLIANCES. ALL EYE CARE PROVIDERS I.E. GRANTEES MUST BE FULLY COMPLIANT WITH ALL INDIAN LAWS COVERING MEDICAL PRACTICES, OUTREACH ACTIVITIES, FOREIGN DONATIONS ETC. - TO BE ELIGIBLE TO RECEIVE GRANTS FROM SEF USA. THESE COMPLIANCE REPORTS, AS SUBMITTED TO THE VARIOUS REGULATORY AUTHORITIES AND INDIAN GOVERNMENT AGENCIES, ARE FURNISHED TO SEF USA ON AN ONGOING BASIS. DANDIA 2024 147362 147362 32037 2777 16500 20338 DANDIA_AUSTIN 67890 67890 95 13240 393 8995 22356 17 250213 250213 1721 242482 97020 80719 70188 465465 465465 1816 287759 100190 106214 112882 608861 -608861 1 THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL 1560 SHERMAN AVENUE EVANSTON IL 60201 363245072 501(C)(3) 51850 0 GENERAL SUPPORT 1 PART I, LINE 2: FOR ANY GRANTS MADE BY SANKARA EYE FOUNDATION, WE CONDUCT THE PROPER PRE-GRANT DUE DILIGENCE TO ENSURE THAT THE GRANT RECIPIENT IS TRULY CHARITABLE. X 14 35125 FMV X 24 274529 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B AGREES FORM 990 TO THE AUDITED FINANCIAL STATEMENTS AND INTERNAL ACCOUNTING RECORDS. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON WHO IS DEEMED TO HAVE SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION IS REQUIRED TO SIGN AN ANNUAL DISCLOSURE STATEMENT WHICH AFFIRMS THAT THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY, AND DISCLOSES ANY DIRECT OR INDIRECT AFFILIATIONS. THE ORGANIZATION'S PERSONNEL ALSO MEET AND DISCUSS REGULARY ALL SIGNIFICANT ACTIVITIES TO MONITOR EXISTENCE OF CONFLICT OF INTEREST. ALL ANNUAL DISCLOSURE STATEMENTS ARE SUBMITTED TO THE SECRETARY OF THE ORGANIZATION AND FILED WITH THE MINUTES OF THE FIRST MEETING OF THE BOARD OF DIRECTORS HELD EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AND IS BASED ON COMPARABLE COMPENSATION OF CHARITIES IN THE STATE OF CALIFORNIA AS PROVIDED BY THE CHARITY NAVIGATOR SURVEY RELEASED ANNUALLY AND ALSO COMPARABLE TO INDUSTRY STANDARDS. ALL OTHER EMPLOYEE COMPENSATION IS DETERMINED IN A SIMILAR MANNER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION POSTS AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.