Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
INFINITY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)174 NASSAU STREET NO 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ08542
A Employer identification number

22-3339826
B Telephone number (see instructions)

(609) 683-0548
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,427,432J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 376,815
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,139 6,139  
4 Dividends and interest from securities... 91,239 91,239  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 173,241
b Gross sales price for all assets on line 6a 744,971
7 Capital gain net income (from Part IV, line 2)... 173,241
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 15,174 14,042  
12 Total. Add lines 1 through 11........ 662,608 284,661  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 78,928 0   78,928
14 Other employee salaries and wages...... 83,777 0   83,777
15 Pension plans, employee benefits....... 44,523 0   44,523
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 12,729 0   12,729
c Other professional fees (attach schedule).... Click to see attachment 39,833 11,550   28,283
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,435 0   19,435
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 202,142 0   202,142
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 481,367 11,550   469,817
25 Contributions, gifts, grants paid....... 72,668 72,668
26 Total expenses and disbursements. Add lines 24 and 25 554,035 11,550   542,485
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 108,573
b Net investment income (if negative, enter -0-) 273,111
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 159,459 108,963 108,963
2 Savings and temporary cash investments......... 267,332 214,238 214,238
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,076,008 Click to see attachment2,252,645 3,827,432
c Investments—corporate bonds (attach schedule)....... 5,100 Click to see attachment5,100 5,026
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,138,323 Click to see attachment1,173,849 1,271,773
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,646,222 3,754,795 5,427,432
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,646,222 3,754,795
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,646,222 3,754,795
31 Total liabilities and net assets/fund balances (see instructions). 3,646,222 3,754,795
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,646,222
2
Enter amount from Part I, line 27a .....................
2
108,573
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,754,795
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,754,795
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 704,260   571,730 132,530
b 40,711     40,711
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       132,530
b       40,711
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 173,241
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 549,506 4,945,040 0.111123
2016 409,030 4,295,197 0.095230
2015 244,521 3,993,233 0.061234
2014 290,686 4,127,008 0.070435
2013 204,160 3,810,555 0.053577
2
Total of line 1, column (d) .....................
2
0.391599
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.078320
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,124,539
5
Multiply line 4 by line 3......................
5
401,354
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,731
7
Add lines 5 and 6........................
7
404,085
8
Enter qualifying distributions from Part XII, line 4,.............
8
542,485
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 2,731
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,731
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,731
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,946
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,946
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,215
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet8,215 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.INFINITYFOUNDATION.COM
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (609) 683-0548

    Located atbullet174 NASSAU STREET 400PRINCETONNJ ZIP+4bullet08542
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RAJIV MALHOTRA PRESIDENT/TREASURER
    40.00     		8,245 0 0
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    INDRANI MALHOTRA TRUSTEE
    25.00     		11,330 16,718 0
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    KABEER MALHOTRA TRUSTEE
    0.50     		0 0 0
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    MICHELLE DJAMOOS SECRETARY
    40.00     		59,353 2,968 0
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    BRYAN MAIORANA VIDEO PRODUCTION MAN
    40.00     		67,777 6,637 0
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    FACEBOOK INC OUTREACH 99,604
    1601 WILLOW ROAD
    MENLO PARK,CA940251452
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SEE STATEMENT 11 301,909
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,824,930
    b
    Average of monthly cash balances.......................
    1b
    377,648
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,202,578
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,202,578
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    78,039
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,124,539
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    256,227
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    256,227
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,731
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    28
    c
    Add lines 2a and 2b............................
    2c
    2,759
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    253,468
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    253,468
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    253,468
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    542,485
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    542,485
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    2,731
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    539,754
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 253,468
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 19,147
    b From 2014...... 89,450
    c From 2015...... 49,543
    d From 2016...... 197,976
    e From 2017...... 308,174
    fTotal of lines 3a through e........ 664,290
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 542,485
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 253,468
    e Remaining amount distributed out of corpus 289,017
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 953,307
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		25,000
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		928,307
    10 Analysis of line 9:
    a Excess from 2014.... 83,597
    b Excess from 2015.... 49,543
    c Excess from 2016.... 197,976
    d Excess from 2017.... 308,174
    e Excess from 2018.... 289,017
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    RAJIV MALHOTRA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RAJIV MALHOTRA
    174 NASSAU STREET 400
    PRINCETON,NJ08542
    (609) 683-0548
    bThe form in which applications should be submitted and information and materials they should include:
    SEE WWW.INFINITYFOUNDATION.COM
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    WWW.INFINITYFOUNDATION.COM
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CALIFORNIA PARENTS FOR EQUALIZATION OF EDUCATIONAL MATERIALS
    PO BOX 1283
    FREMONT,CA94538     		N/A PC CALIFORNIA HINDU TEXTBOOK PROJECT 14,501
    CAROL SCHAEFER
    264 WEST WALNUT LANE 2R
    PHILADELPHIA,PA19144     		N/A I RESEARCH SCHOLAR AND EDITOR 2,350
    CLEO KEARNS
    3831 MIDDLEBROOK ROAD
    FAIRLEE,VT05045     		N/A I RESEARCH SCHOLAR AND EDITOR 1,080
    DR LAUL JADU-SINGH
    1631 LORRAINE STREET 1
    COLORADO SPRINGS,CO80905     		NONE I RESEARCH SCHOLAR AND EDITOR 5,500
    FORUM FOR RELIGIOUS FREEDOM
    PO BOX 190
    ROCKY HILL,NJ08553     		N/A PC GENERAL OPERATING SUPPORT 500
    GIULIANO DIAS DE MORALS
    QR 214 CON J CASA 23
    SANTA MARIA,BRASILIA-DF72599
    BR     		NONE I RESEARCH ASSISTANT - SUBTITLES AND TRANSCRIPTIONS 7,965
    HINDUPEDIA
    10367 MENHART LANE
    CUPERTINO,CA95014     		N/A PC CALIFORNIA HINDU TEXTBOOK PROJECT 22,501
    MARGARET SPENCER
    2517 CARSON DRIVE
    COLUMBUS,GA31906     		NONE I RESEARCH SCHOLAR AND EDITOR 120
    NITHYANANDESHWAR DEVASTH ANAM TRUST
    OFF MYSHORE ROAD
    BIDADI,KARNATAKA562109
    IN     		N/A NC PURCHASE OF FOOD TO BE SERVED AT NO CHARGE AT GURUPURNIMA - AN EVENT TO CELEBRATE SPIRITUAL TEACHERS 7,001
    PATRICIA J MILLS
    125 EAST 23RD STREET SUITE 500 ROOM
    9
    NEW YORK,NY10010     		NONE I RESEARCH SCHOLAR AND EDITOR 3,150
    SCOTT ABEL
    61 CHURCH STREET
    FAIR HAVEN,NJ07704     		NONE I RESEARCH SCHOLAR AND EDITOR 1,500
    SHALINI PUTHIYEDAM
    FLAT 4F BLOCK 3 CEERBROS ORCHID
    VELACHERRY MAIN ROAD
    CHENNAI,TAMIL NADU600042
    IN     		NONE I RESEARCH ASSISTANT 2,000
    SPECIAL OLYMPICS NEW JERSEY
    1 EUNICE KENNEDY SHRIVER
    LAWRENCEVILLE,NJ08648     		N/A PC GENERAL OPERATING SUPPORT 500
    SUNIL KUMAR SEKAR
    1091 ULLOI UTCA 151 30/3
    BUDAPEST,BUDAPEST1091
    HU     		NONE I RESEARCH ASSISTANT 2,000
    VLADIMIR YATSENKO
    SKOGSTEIN 41
    NAMSOS,TRNDELAG7804
    NO     		NONE I RESEARCH ASSISTANT 2,000
    Total .................................bullet 3a 72,668
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aBOOK & DVD SALES         10,536
    bBOOK ROYALTIES     15 3,506  
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,139  
    4 Dividends and interest from securities....     14 91,239  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 173,241  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aGOOGLE/YOUTUBE MONETIZATION     		541800 1,132      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,132 274,125 10,536
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    285,793
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A INFINITY FOUNDATION RESEARCHES AND PUBLISHES WORKS IN ITS SPECIFIC AREA OF WORK, AS PART OF DEVELOPING EXPERT KNOWLEDGE AND DISSEMINATING IT. THESE BOOKS AND DVDS ARE SOLD AS WELL AS GIVEN AWAY FOR FREE THE GOAL BEING TO MAXIMIZE THE DISSEMINATION IN THE MOST EFFECTIVE MANNER.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    INFINITY FOUNDATION
     
    Employer identification number

    22-3339826
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    INFINITY FOUNDATION
          		Employer identification number
    22-3339826
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SASHI KEJRIWAL
     
    14046 HUGES LANE
     
    DALLAS, TX75254

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    MAHESH KRISHNAMURTHY
     
    36 COACHSIDE LANE
     
    PITTSFORD, NY14534

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    PRITI CHATTER
     
    35 FLINT ROAD
     
    CONCORD, MA01742

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JAYASREE REDDI
     
    8100 GLENBRITTLE WAY
     
    RALEIGH, NC27615

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    SHANKAR IYER
     
    92 PROVIDENCE BLVD
     
    KENDALL PARK, NJ08824

    		$ 70,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    SHRITA CHARITABLE FOUNDATION
     
    225 VALERIE LANE
     
    WAYNE, PA19087

    		$ 25,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    INFINITY FOUNDATION
          		Employer identification number
    22-3339826
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    KAMALA KANT VIJAI
     
    9713 GAVIN STONE AVENUE
     
    LAS VEGAS, NV89145

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    PRASHANT BANERJEE
     
    708 KRISTIN
     
    WESTMONT, IL60559

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    RAMA SHANKAR
     
    1257 TRAIL DRIVE
     
    DIXON, IL61021

    		$ 10,001


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    DB CHANDORA
     
    565 LAKE FRONT DRIVE
     
    LILBURN, GA30047

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    PHANIDHAR KANDALA
     
    233 SCENIC VIEW DRIVE
     
    ATLANTA, GA30339

    		$ 5,808


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    INFINITY FOUNDATION
          		Employer identification number

    22-3339826
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    INFINITY FOUNDATION
          		Employer identification number

    22-3339826
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PKF O'CONNOR DAVIES, LLP - TAX PREP FEES 12,729 0   12,729

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    NITHYANANDESHWAR DEVASTH ANAM TRUST
          		OFF MYSHORE ROAD
    BIDADI,KARNATAKA562109
    IN     		2018-08-15 7,001 PURCHASE OF FOOD TO BE SERVED AT NO CHARGE AT GURUPURNIMA - AN EVENT TO CELEBRATE SPIRITUAL TEACHERS 7,001 NONE 2/4/2020    

    TY 2018 GeneralExplanationAttachment
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Identifier Return Reference Explanation
    SUMMARY OF DIRECT CHARITABLE ACTIVITIES 990-PF, PART IX-A INFINITY FOUNDATION IS A NON-PROFIT ORGANIZATION BASED IN PRINCETON (USA), FOCUSED ON RESEARCH AND EDUCATION. IT SPECIALIZES IN THE FIELD OF CIVILIZATION STUDIES APPLYING THE DHARMA LENS TO EXAMINE A BROAD RANGE OF TOPICS. IT DISSEMINATES ITS UNIQUE RESEARCH FINDINGS THROUGH BOOKS, VIDEOS AND PUBLIC EVENTS.THE FOUNDATION SEEKS TO CREATE DIALOGUE THAT BREAKS OUT OF THE DUALITIES OF ANTI- AND PRO- GLOBALIZATION FORCES, OF THE RIGHT VS. THE LEFT, OF SECULARISM VS. RELIGION, OF SCIENCE VS. SPIRITUALITY, OF ECONOMIC GROWTH VS. ECOLOGICAL PRESERVATION. GLOBALIZATION CAN BE A POSITIVE FORCE BUT IT CANNOT SIMPLY BE TRANSLATED TO WESTERNIZATION OF THE PLANET IN CULTURAL NORMS, IN ACADEMIC FRAMEWORKS, IN KNOWLEDGE SYSTEMS AND IN DEFINITIONS OF PROGRESS AND PATTERNS OF DEVELOPMENT. TO DO SO HAS ENORMOUS ECOLOGICAL IMPLICATIONS IN BOTH BIOLOGICAL AND CULTURAL TERMS. TO CREATE A GLOBAL FAMILY, A "VASUDHAIVA KUTUMBAKAM", REQUIRES THAT INDIGENOUS NON-WESTERN CIVILIZATIONS GET A SEAT ON THE TABLE AS EQUALS IN CRAFTING THE FRAMEWORKS OF DISCOURSE, RATHER THAN SIMPLY BEING USED AS EXOTIC ARTIFACTS TO BE PLUGGED INTO AN OVERALL EURO-CENTRIC FRAMEWORK. REVITALIZING THE INDIC DISCOURSE AND HELPING INDIA FIND ITS OWN VOICE IN THIS DIALOGUE IS A KEY PART OF THE MISSION.THE FOUNDATION HAS GIVEN OVER 400 GRANTS FOR RESEARCH, EDUCATION AND PHILANTHROPY, INCLUDING GRANTS TO LEADING INSTITUTIONS OF HIGHER EDUCATION, SPECIALIZED RESEARCH CENTERS, AS WELL AS GRANTS TO MANY INDIVIDUAL SCHOLARS. IT HAS ALSO ORGANIZED SEVERAL CONFERENCES AND SCHOLARLY EVENTS IN USA AND INDIA TO BRING OUT A BALANCED VIEW OF THE MANY POSITIVE CONTRIBUTIONS FROM THE INDIAN CIVILIZATION.THE FOUNDATION HAS PUBLISHED GAME-CHANGING ORIGINAL RESEARCH THAT IS WIDELY DISSEMINATED THROUGH BOOKS, BLOGS AND SOCIAL MEDIA. IT HAS A DEFINED SET OF THEMES AND GOALS IN WHICH IT STRIVES TO BE THE LEADING THINK TANK. IN THE YEAR OF JULY 2018 THROUGH JUNE 2019 RAJIV MALHOTRA PERFORMED VARIOUS DIRECT CHARITABLE ACTIVITIES THROUGH THE FOLLOWING METHODS:1. RAJIV ATTENDED MEETINGS AT VARIOUS INTELLECTUAL GATHERINGS TO DISCUSS THE WORK OF THE FOUNDATION. HE ALSO ATTENDED AND PRESENTED AT VARIOUS CONFERENCES AND SEMINARS. SOME HIGHLIGHTED EXAMPLES OF THESE EVENTS ARE: WAVES CONFERENCE IN DALLAS IN AUGUST; WORLD HINDU CONFERENCE IN CHICAGO SEPTEMBER; VISITING PROFESSOR & LECTURE AT JNU & LECTURE AT ISKCON IN INDIA IN OCTOBER; HINDU MEDIA BUREAU LECTURE AT HARVARD IN BOSTON IN APRIL; DELHI UNIVERSITY INAUGURAL CEREMONY IN INDIA IN FEBRUARY. 2. RAJIV MODERATES A VERY ACTIVE ONLINE DISCUSSION GROUP WITH OVER 6,500 MEMBERS TO DISCUSS THE RESEARCH WORK AT THE FOUNDATION, IN ADDITION TO MODERATING THE ACTIVE RAJIV MALHOTRA INFINITY FOUNDATION FACEBOOK PAGE THAT HAS OVER SEVEN MILLION FOLLOWERS AND THE YOUTUBE ACCOUNT THAT HAS OVER 150,000 SUBSCRIBERS. 3. RAJIV HAS CONDUCTED ORIGINAL RESEARCH IN A VARIETY OF FIELDS AND HAS INFLUENCED MANY OTHER THINKERS IN INDIA AND THE WEST. HE HAS DISRUPTED THE MAINSTREAM THOUGHT PROCESS AMONG ACADEMIC AND NON-ACADEMIC INTELLECTUALS ALIKE, BY PROVIDING FRESH PROVOCATIVE POSITIONS ON DHARMA AND ON INDIA. SOME OF THE FOCAL POINTS OF HIS WORK ARE: INTERPRETATION OF DHARMA FOR THE CURRENT TIMES; COMPARATIVE RELIGION, GLOBALIZATION, AND INDIA'S CONTRIBUTIONS TO THE WORLD. RAJIV USES THE IN-HOUSE STUDIO AND HIS ATTENDANCE AT EVENTS TO RECORD EPISODES THAT ARE AIRED WEEKLY ON FACEBOOK AND YOUTUBE TO DISSEMINATE THIS EXPERT KNOWLEDGE AND RESEARCH. 4. RAJIV HAS ALSO BEGUN RECORDING AND PREPARING MATERIALS FOR A FUTURE E-COURSE ON HIS BOOKS.5. RAJIV IS WORKING ON THE FOLLOWING BOOK PROJECTS:(A) SANSKRIT NON-TRANSLATABLES: MANY SANSKRIT WORDS CONTAIN DEEP MEANINGS THAT GET LOST IN TRANSLATIONS. THIS LOSS IS SIMILAR TO THE LOSS OF BIODIVERSITY WHEN A SPECIES GOES EXTINCT.(B) INDIAN INFLUENCES ON MODERN CHRISTIANITY: A 500-YEAR HISTORY OF HOW PROMINENT CHRISTIAN THEOLOGIANS HAVE STUDIED INDIAN FAITH TRADITIONS AND THEN INCORPORATED THESE IDEAS INTO THE DEVELOPMENT OF CHRISTIANITY FOR MODERN TIMES.(C) WHO ARE WE? A SHORT INTRODUCTION TO INDIAN THOUGHT, CULTURE AND HISTORY INDIAN INFLUENCES ON MODERN WESTERN COGNITIVE SCIENCES, PSYCHOLOGY & SPIRITUALITY - WHITEHEAD, HARTSHORNE, JUNG, DE CHARDIN ARE AMONG THE PROMINENT THINKERS STUDIED.(D) THE BATTLE FOR INTEGRAL THEORY: THE TENSIONS BETWEEN KEN WILBER'S AND SRI AUROBINDO'S APPROACHES TO INTEGRAL THEORY. IMPLICATIONS FOR THE FUTURE OF HUMAN CONSCIOUSNESS EVOLUTION.(E) HOW HEGEL WAS INFLUENCED BY INDIAN THOUGHT. HEGEL, CONSIDERED ONE OF THE MOST INFLUENTIAL WESTERN THINKERS OF THE PAST 500 YEARS STUDIED AND USED MANY IDEAS BORROWED FROM INDIAN THOUGHT. THESE HAVE BEEN WRITTEN ABOUT IN SCATTERED WORKS. THIS BOOK IS A CONSOLIDATION TO MAKE THE STRONG CASE OF HIS UNACKNOWLEDGED DEBT TO INDIA.
    UNDISTRIBUTED INCOME - LINE 7 PART XIII THE FOUNDATION RECEIVED A CONTRIBUTION FROM A PRIVATE FOUNDATION WHICH IT EXPENSED OR REDISTRIBUTED. IN ACCORDANCE WITH IRS REG. 53-4942 (A)-3(D) THE FOUNDATION IS ELECTED TO TREAT THE $25,000 NOT AS A QUALIFYING DISTRIBUTION BUT A DISTRIBUTION OUT OF CORPUS. PURSUANT TO REG. 53.4942(A)-3(C)(2)(IV), THE INFINITY FOUNDATION HEREBY ELECTS TO TREAT, AS A CURRENT CORPUS DISTRIBUTION, THE FOLLOWING UNUSED PRIOR TAX YEARS' DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTIONS UNDER REG. 53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEARS:TAX YEAR AMOUNT2013 $19,1472014 $5,853

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HOUSING URBAN DEVELOPMNT DTD 6/14/2000 7.958% 8/1/2019 5,100 5,026

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WALT DISNEY CO 19,671 111,712
    CBS CORP CL B 48,371 47,402
    ALPHABET INC CAP STK CL A 63,091 140,764
    TJX COS INC 52,270 76,147
    HOME DEPOT INC. 57,810 103,985
    DOLLAR TREE INC 75,459 112,760
    ULTA BEAUTY INC 33,683 57,584
    BOOKING HOLDINGS INC 49,333 63,740
    COLGATE PALMOLIVE CO. 28,960 72,028
    COSTCO WHOLESALE CORP 46,740 81,921
    PEPSICO INC. 37,278 91,791
    PROCTER & GAMBLE CO. 36,145 71,821
    EXXON MOBIL CORPORATION 40,298 53,641
    PIONEER NATURAL RESOURCES CO 77,507 76,930
    CHEVRON CORP 69,457 116,351
    MARATHON PETROLEUM CORP 68,840 65,380
    US BANCORP 53,024 62,880
    CHARLES SCHWAB CORP. 73,189 60,446
    PNC FINANCIAL SERVICES GROUP 60,284 96,096
    JPMORGAN CHASE & CO 83,847 145,340
    DISCOVER FINANCIAL SERVICES 61,415 77,590
    CHUBB LIMITED 46,931 58,916
    BRISTOL MYERS SQUIBB CO. 70,680 56,688
    CVS CORP 79,182 70,565
    GILEAD SCIENCES INC. 75,305 64,520
    BIOGEN IDEC INC 49,287 49,113
    EDWARDS LIFESCIENCES CP 47,165 104,378
    LABORATORY CORP OF AMERICA HOLDINGS 62,748 63,109
    JOHNSON & JOHNSON 42,531 69,640
    BOEING CO. 41,159 121,943
    SNAP ON INC 48,752 51,514
    HONEYWELL INTERNATIONAL INC 39,620 113,484
    CUMMINS INC 50,548 60,997
    UNION PACIFIC CORP. 34,109 69,335
    UNITED TECHNOLOGIES CORP 55,016 84,630
    APPLIED MATERIALS INC 70,728 72,215
    CISCO SYSTEMS 49,075 119,585
    QUALCOMM CORP. 50,052 90,523
    MICROSOFT CORP. 29,981 157,403
    APPLE INC. 8,149 173,180
    INTEL CORP 38,540 47,870
    MASTERCARD INC-CL A 40,100 125,652
    PAYPAL HOLDINGS INC 29,611 108,165
    SHERWIN WILLIAMS CO. 56,704 107,698

    TY 2018 InvestmentsOtherSchedule2
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GLENMEDE QUANT US LONG/SHORT EQUITY AT COST 82,108 88,570
    FIRST TR NORTH AMERICAN ENERGY INFRA ETF AT COST 90,890 105,102
    DODGE & COX INTL STOCK FUND AT COST 116,249 122,191
    GLENMEDE QUANT INTERNATIONAL EQUITY AT COST 118,325 124,796
    MATTHEWS PACIFIC TIGER FD - IS AT COST 104,774 131,503
    DFA TA WORLD EX US CORE EQUITY PORT AT COST 131,145 123,652
    GLENMEDE SMALL CAP ADV AT COST 183,143 228,000
    ISHARES S & P SMALLCAP 600/GRO AT COST 12,286 12,226
    GLENMEDE CORE FIXED INCOME AT COST 334,929 335,733

    TY 2018 OtherExpensesSchedule
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    D&O AND BUSINESS INSURANCE 5,202 0   5,202
    OFFICE AND EQUIPMENT EXPENSES 40,839 0   40,839
    BANK FEES 1,244 0   1,244
    PROGRAM EXPENSE - RESEARCH BOOKS 614 0   614
    POSTAGE AND DELIVERY 2,606 0   2,606
    PAYROLL AND 401K ADMINISTRATION 4,450 0   4,450
    STORAGE EXPENSES 8,397 0   8,397
    COMMUNICATION EXPENSES 15,209 0   15,209
    DUES AND SUBSCRIPTIONS 10,005 0   10,005
    PAYPAL FEES 3,816 0   3,816
    OUTREACH 109,694 0   109,694
    REPAIRS & MAINTENANCE 66 0   66


    TY 2018 OtherIncomeSchedule2
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BOOK & DVD SALES 10,536 10,536 10,536
    BOOK ROYALTIES 3,506 3,506 3,506
    GOOGLE/YOUTUBE MONETIZATION 1,132 0 1,132


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    INFINITY FOUNDATION
    EIN:
    22-3339826
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GLENMEDE - INVESTMENT MANAGEMENT FEES 11,550 11,550   0
    MEDIA CONSULTING 1,000 0   1,000
    DANIEL RISPOLI - PRODUCTION ASSISTANT 480 0   480
    KENNEDY MCCOURT - PRODUCTION ASSISTANT 14,252 0   14,252
    RESEARCH ASSISTANT - GERALD SURYA 12,551 0   12,551