Princeton Foundation for Peace and Learning Inc
Cultivating an educated and healthy humanity for a peaceful world.
Princeton Foundation for Peace and Learning Inc
EIN: 81-4283521
Mission
To Cultivate an educated and healthy humanity for a peaceful world. We work in the areas of Healthcare, Women Empowerment through education, and World Peace.
Ruling year
2016
Chairperson
Dr Raminder Pathak MD
Trustee
Mr Subbarao SEETHAMSETTY
Main address
23 Todd Ridge Rd
Titusville, NJ 08560 USA
EIN
81-4283521
Education
Population served
Families
Parents
Non-adult children
Economically disadvantaged people
Victims and oppressed people
NTEE code
Education N.E.C. (B99)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990-N.
Tax forms
Communication
Programs and results
What we aim to solve
Educated girls know their rights and are confident to claim them. They are likely to marry at a mature age and to have smaller and healthier families and are less likely to have mistimed or unintended births. Educated mothers influence their children's educational attainment, and the mother's education is usually more influential than the father's in this regard. However, women’s literacy rates are significantly lower than men’s in most countries including India. Indian government provides low cost education up-to high school (12th grade) but college education, even though highly subsidized but still beyond the affordability of many families. If the families have to choose between the college education of sons and daughters, usually the sons get the priority. Many girls drop out of the college due to these socio economic reasons. To address this, we initiated the Fellowship for Peace & Learning to support college education of girls from underprivileged strata of the society.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Women Empowerment through Education
Women’s literacy rates are significantly lower than men’s across the globe. To address this gap, Princeton Foundation in 2011 initiated National Fellowship for Peace and Learning - India. The program has now expanded to incliude mentorship and corporate internships.
Vision:
Empowering every girl through holistic development to enable her to contribute towards the peace and wellbeing of the family, the nation and the world at large
Mission 2025:
- To support formal and vocational education
- To facilitate entrepreneurship and employment
- To promote health, and leadership
We are now planning to implement these programs in US and other countries.
Where we work
External reviews
Videos
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Vision:
Empowering every girl through holistic development to enable her to contribute towards the peace and wellbeing of the family, the nation and the world at large
Mission 2025:
- To support formal and vocational education
- To facilitate entrepreneurship and employment
- To promote health, and leadership
What are the organization's key strategies for making this happen?
We have been supporting college education of girls from underprevileged strata of the society for the last 12 years.The candidates are chosen through a highly selective application process, and offer winners the opportunity for self-development through three major pillars: Fellowship, Internship, and Mentorship. These components were carefully designed and perfected by experts at Princeton Foundation, and have resulted in great educational, career, and personal development of the girls and women in India who were recipients of the Princeton Foundation Fellowship in the past.
- Fellowship: provides the girls/women with the funding to attend the college / institution of their choice.
- Internship: The internships are geared to provide the students real world work experience, professional mentorship from supervisors, and networking opportunities with future employers. This allows students to gain valuable experience within their chosen field, making them more competitive job applicants upon graduation, perhaps even for that very same company with which they have interned.
- Mentorship: This program aims to cultivate the fellowship winners as the future leaders of the world. The program also inspires catapults a chain reaction to shape each of the winners to serve as a champions for of the cause of women empowerment across the globe. In fact, each recipient takes the same Pledge of Gratitude: “I pledge that if I get selected for the Fellowship for Peace and Learning, I will support at least two or more girl students in the pursuit of self-empowerment in their lifetime.”
All in all, the Foundation helps its winners blossom into the apex version of themselves, change their potential into reality, and in turn help others evolve, all while making the world a better place.
What are the organization's capabilities for doing this?
We started the philanthropic work in 2011 in India with focus on Women Empowerment. In 2016 we expanded into the additional areas of Health Care, Education, and World Peace. Under the guidance of global professionals from the institutes like AIIMS, Harvard, Columbia, MIT, Wharton etc, we assiduously strengthen our state of the art Dynamic and Emergent Strategy involving situation analysis, root cause analysis, resource analysis, and strategic partnerships to remove redundancies, and create an emphatic collective action platform.
What have they accomplished so far and what's next?
Over the last 12 years, we have awarded approximately 300 fellowships that cover the college tuition fee of the winners. several of these winers have completed their undergraduate education and now are either gainfully employed ot pursuing higher studies in India, Germany, and US.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2018 info
Months of cash in 2018 info
Fringe rate in 2018 info
%
Funding sources info
Assets & liabilities info
Princeton Foundation for Peace and Learning Inc
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Princeton Foundation for Peace and Learning Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Princeton Foundation for Peace and Learning Inc
Financial trends analysis Glossary & formula definitionsFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of Princeton Foundation for Peace and Learning Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2016 | 2017 |
|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $98,975 | -$42,473 |
| As % of expenses | 9207.0% | -88.1% |
| Unrestricted surplus (deficit) after depreciation | $98,975 | -$42,473 |
| As % of expenses | 9207.0% | -88.1% |
| Revenue composition info | ||
|---|---|---|
| Total revenue (unrestricted & restricted) | $100,050 | $5,750 |
| Total revenue, % change over prior year | 0.0% | -94.3% |
| Program services revenue | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% |
| Government grants | 0.0% | 0.0% |
| All other grants and contributions | 100.0% | 100.0% |
| Other revenue | 0.0% | 0.0% |
| Expense composition info | ||
|---|---|---|
| Total expenses before depreciation | $1,075 | $48,223 |
| Total expenses, % change over prior year | 0.0% | 4385.9% |
| Personnel | 0.0% | 0.0% |
| Professional fees | 100.0% | 1.6% |
| Occupancy | 0.0% | 0.0% |
| Interest | 0.0% | 0.0% |
| Pass-through | 0.0% | 74.7% |
| All other expenses | 0.0% | 23.8% |
| Full cost components (estimated) info | 2016 | 2017 |
|---|---|---|
| Total expenses (after depreciation) | $1,075 | $48,223 |
| One month of savings | $90 | $4,019 |
| Debt principal payment | $0 | $0 |
| Fixed asset additions | $0 | $0 |
| Total full costs (estimated) | $1,165 | $52,242 |
Capital structure indicators
| Liquidity info | 2016 | 2017 |
|---|---|---|
| Months of cash | 1116.8 | 14.3 |
| Months of cash and investments | 1116.8 | 14.3 |
| Months of estimated liquid unrestricted net assets | 1104.8 | 14.1 |
| Balance sheet composition info | 2016 | 2017 |
|---|---|---|
| Cash | $100,050 | $57,577 |
| Investments | $0 | $0 |
| Receivables | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 1.1% | 1.9% |
| Unrestricted net assets | $0 | $0 |
| Temporarily restricted net assets | $0 | $0 |
| Permanently restricted net assets | $0 | $0 |
| Total restricted net assets | $0 | $0 |
| Total net assets | $98,975 | $56,502 |
Key data checks
| Key data checks info | 2016 | 2017 |
|---|---|---|
| Material data errors | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Chairperson
Dr Raminder Pathak MD
Dr Raminder Pathak is the Co-Founder and Chairperson of the Princeton Foundation for Peace & Learning.
Dr Pathak received her medical graduation followed by medical residency in India. Prior to moving to US in 2006, she was involved in cancer research at the All India Institute of Medical sciences 1996 onwards, and also served as a Member of High-Power Steering Committee, Planning Commission, Government of India.
After moving to USA in 2006, she worked at prestigious institutes like M D Anderson Cancer Center, and Texas Heart Institute before joining industry. She currently serves as a senior executive in one of the biggest pharmaceutical companies in the world.
Trustee
Subbarao SEETHAMSETTY
Mr Subbarao V. Seethamsetty is an Engineer and Technologist with over three decades of corporate experience in North America. He heads PlanetERP Inc. based in Collins, NY providing “Large Systems” design and implementation services in Financial, Industrial, Logistics and Agriculture spaces. A compelling life-long draw for him has always been to leverage his Systems-design skills to benefit huge swaths of humanity struggling in “extreme poverty” globally as defined by the UN as those families with income of less than $2 a day.
He is also on the board of the NJ based non-profit Telugu People Foundation for the past 11 years, but he is currently focusing his day-to-day energies to support Princeton Foundation for Peace & Learning in scaling to reach its visionary potential.
Mr Seethamsetty lives with his wife Saraswathi and son Tharun, and they split their time between two homes across Niagara Falls in the US and in Canada
Number of employees
Source: IRS Form 990
Princeton Foundation for Peace and Learning Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Princeton Foundation for Peace and Learning Inc
Board of directorsas of 04/03/2023
Board of directors data
Dr Raminder Pathak
Princeton Foundation for Peace and Learning
Term: 2016 -
SUDHEERRAJ DALAVAI
DALAVAI HOLDINGS
Lakshmi Raman
KPMG
SYED HASHIM
ORTHO CLINICAL DIAGNOSTICS
SUBBARAO SEETHAMSETTY
PlanetERP Inc
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
-
Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
GuideStar Pro Reports
Report successfully added to your cart!
Want more data?
A GuideStar Pro report containing the following information is available for this organization:
- Financial data for the most recent year (2018)*
- Financial statements for 2021
- Officer and/or Employee data for 2018
- Contractor and/or Paid Preparer data for 2018
- Board of Directors data for 2023
- *with the ability to download the data for 2018
Download it now for $125.
Need the ability to download nonprofit data and more advanced search options?Consider a Pro Search subscription.