AVASANT FOUNDATION
1960 E GRAND AVENUE NO 1050, EL SEGUNDO, CA 90245 www.avasantfoundation.org

Total Revenue
$218,199
Total Expenses
$202,937
Net Assets
$201,674

Organizations Filed Purposes: THE AVASANT FOUNDATION IS AN ORGANIZATION AIMING TO ALIGN CORPORATE SOCIAL RESPONSIBILITY INITIATIVES FOR AVASANT AND ITS PARTNERS BY LEVERAGING ITS EXPERTISE IN GLOBALIZATION, RURAL ECONOMIC DEVELOPMENT, SKILLS DEVELOPMENT, AND TECHNOLOGY SERVICES.THE AVASANT FOUNDATION'S PURPOSE IS TO PROMOTE EFFORTS THAT WILL GENERATE EDUCATIONAL OPPORTUNITIES FOR CHILDREN, REDUCE CHILDHOOD POVERTY, AND DRIVE THE EMPLOYMENT OF YOUTH. ONE OF THE KEY INITIATIVES, ENTITLED "IMPACT SOURCING" IS TIED TO AVASANT'S RELATIONSHIP WITH THE ROCKEFELER FOUNDATION, THROUGH WHICH THE AVASANT FOUNDATION SEEKS TO CREATE SOURCING RELATED JOB OPPORTUNITIES IN POOR AND ECONOMICALLY CHALLENGED COMMUNITIES.

AVASANT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. AVASANT FOUNDATION SHALL BE DEDICATED TO THE NEEDS OF CHILDREN WITH A FOCUS ON POVERTY REDUCTION, EDUCATION, AND EMPLOYMENT.

AVASANT FOUNDATION HELPED CATALYZE THE CREATION OF OVER 6000 NEW JOBS IN COLLABORATION WITH GOVERNMENTS, NON-PROFITS AND THE REGION'S GROWING ICT SERVICE INDUSTRY. A NEW EFFORT INVOLVED ADVISING THE RWANDAN GOVERNMENT ON HOW TO OPTIMIZE ITS INVESTMENTS IN ICT FOR JOB CREATION AND DEVELOPMENT.

IN 2019, AF SCALED ITS AVASANT DIGITAL YOUTH EMPLOYMENT INITIATIVE, SKILLS TRAINING IN THE CARIBBEAN, GRADUATING 300 DESERVING YOUTH FROM DISADVANTAGED BACKGROUNDS IN JAMAICA. OVER 90% OF TRAINEES SECURED EMPLOYMENT WITH LEADING IT/BPO SERVICE PROVIDERS WITHIN WEEKS OF FINISHING THEIR TRAINING.IN TRINIDAD & TOBAGO, AVASANT FOUNDATION IN PARTNERSHIP WITH CTS COLLEGE OF BUSINESS AND COMPUTER SCIENCE AND THE MASSY GROUP HAS COMPLETED THE GLOBAL SKILLS FOR DIGITAL SERVICES PROGRAM FUNDED BY THE IDB TO BRIDGE THE PREVAILING SKILL-GAP IN THE ITES SECTOR IN T&T WITH A TRAINED WORKFORCE. 49 YOUTH HAVE RECEIVED TRAINING IN HIGHDEMAND SKILLS FOR A PERIOD OF 18 MONTHS WITH AF'S ADYEI.

AVASANT FOUNDATION SUPPORTED STEM AND ENTREPRENEURSHIP EDUCATION FOR DISADVANTAGED YOUTH IN THE US AS WELL AS OTHER INITIATIVES IN PARTNERSHIP WITH NON-PROFIT ORGANIZATIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Chitra RajeshwariEXEC DIRECTOR40$152,018
Ravi MahalingamTREASURER/SECRETARY2$0
Kevin ParikhPRESIDENT5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001289349300440_public.xml