Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
GUPTA FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)198 VAN BUREN STREET SUITE 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HERNDON, VA201705338
A Employer identification number

54-2048512
B Telephone number (see instructions)

(703) 709-3000
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$10,657,310J 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) 5,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 17,756 17,756  
4 Dividends and interest from securities... 244,792 244,792  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -212,942
b Gross sales price for all assets on line 6a 2,222,583
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 54,606 262,548  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,718      
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
40,222      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,212 2,212    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 36,852      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
101,678 54,228    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 239,682 56,440   0
25 Contributions, gifts, grants paid....... 1,629,472 1,629,472
26 Total expenses and disbursements. Add lines 24 and 25 1,869,154 56,440   1,629,472
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,814,548
b Net investment income (if negative, enter -0-) 206,108
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 19,614 15,580 15,580
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow   792    
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,135,896 Click to see attachment
List of Attached Documents:
// Content
10,641,730 		10,641,730
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,156,302 10,657,310 10,657,310
Liabilities 17 Accounts payable and accrued expenses..........   3,881
18 Grants payable................. 10,000  
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 10,000 3,881
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 11,146,302 10,653,429
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,146,302 10,653,429
30 Total liabilities and net assets/fund balances (see instructions). 11,156,302 10,657,310
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
11,146,302
2
Enter amount from Part I, line 27a .....................
2
-1,814,548
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,325,556
4
Add lines 1, 2, and 3 ..........................
4
10,657,310
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,881
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,653,429
Form 990-PF (2024)
Form 990-PF (2024)
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 776. SHARES MSCI USA MIN VOL FACTOR P 2024-10-08 2024-12-23
b 205. VANGUARD MID CAP ETF P 2021-03-08 2024-03-19
c 7777.632 AMERICAN BEACON AHL MANAGED P 2021-04-08 2024-03-04
d 46991.406 WESTERN ASSET INTERMEDIATE P   2024-08-26
e 11878.118 ANGEL OAK MULTI-STRATEGY P 2021-04-08 2024-02-22
3996.004 BAIRD AGGREGATE BOND FUND P   2024-09-03
5940.594 BAIRD AGGREGATE BOND FUND P 2016-10-12 2024-09-24
5096.84 BAIRD AGGREGATE BOND FUND P   2024-11-11
44028.691 BLACKROCK STRATEGIC P   2024-03-04
2041. ISHARES CORE US AGGREGATE BOND P   2024-03-07
1528. ISHARES CORE US AGGREGATE BOND P 2017-10-31 2024-03-15
2822. ISHARES CORE MSCI EMERGING P   2024-03-04
8662.095 LAZARD GLOBAL LISTED INFRAE P   2024-03-04
9001.191 NUANCE MID CAP VALUE-Z P   2024-03-07
1226.364 T ROWE PR NEW HORIZONS-I P   2024-10-08
2743.484 TOUCHSTONE SANDS EM GR-R6 P   2024-03-12
1297.017 TOUCHSTONE SANDS EM GR-R6 P   2024-11-04
(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 68,992   70,127 -1,135
b 49,673   44,514 5,159
c 80,498   88,665 -8,167
d 461,456   495,340 -33,884
e 100,014   123,295 -23,281
40,000   44,173 -4,173
60,000   65,579 -5,579
50,000   55,671 -5,671
412,549   435,391 -22,842
200,198   223,627 -23,429
149,735   167,308 -17,573
143,300   180,333 -37,033
133,916   128,616 5,300
111,705   118,754 -7,049
71,117   100,520 -29,403
40,000   64,068 -24,068
20,000   29,544 -9,544
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       -1,135
b       5,159
c       -8,167
d       -33,884
e       -23,281
      -4,173
      -5,579
      -5,671
      -22,842
      -23,429
      -17,573
      -37,033
      5,300
      -7,049
      -29,403
      -24,068
      -9,544
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 -212,942
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 -1,135
Part V
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,865
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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  
3 Add lines 1 and 2........................... 3 2,865
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,865
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,204
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,204
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 339
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow339 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-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 the instructions
for the 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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
round bullet By language in the governing instrument, or
round bullet 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
 
No
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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrow
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowWWW.GUPTAFAMILYFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (703) 709-3000

Located atright arrow198 VAN BUREN STREET SUITE 100HERNDONVA ZIP+4right arrow201705338
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2024? .............
1d
 
 
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
SHASHIKANT GUPTA DIRECTOR
1.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
MARGARET GUPTA DIRECTOR/ PR
1.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
MIKE KETTLES DIRECTOR
1.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
MICHELE KETLTLES DIRECTOR
1.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
RADHIKA MURARI DIRECTOR
1.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
ARJUN GUPTA DIRECTOR
000.00 		0 0 0
198 VAN BUREN STREET STE 100
HERNDON,VA20170
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
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-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  
2  
3  
4  
Part VIII-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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
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
10,888,813
b
Average of monthly cash balances.......................
1b
17,597
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,906,410
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
10,906,410
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
163,596
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,742,814
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
537,141
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
537,141
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,865
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,865
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
534,276
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
534,276
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
534,276
Part XI
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
1,629,472
b
Program-related investments—total from Part VIII-B..................
1b
 
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 XII, line 4. .......
4
1,629,472
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 534,276
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 71,552
b From 2020...... 963,634
c From 2021...... 145,538
d From 2022......  
e From 2023...... 644,081
f Total of lines 3a through e ........ 1,824,805
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,629,472
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 534,276
e Remaining amount distributed out of corpus 1,095,196
5 Excess distributions carryover applied to 2024.    
(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 2,920,001
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		71,552
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,848,449
10 Analysis of line 9:
a Excess from 2020.... 963,634
b Excess from 2021.... 145,538
c Excess from 2022....  
d Excess from 2023.... 644,081
e Excess from 2024.... 1,095,196
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2024, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
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 right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE FOUNDATION
198 VAN BUREN ST
HERNDON,VA20170
(703) 709-3000
INFO@GUPTAFAMILYFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED ONLINE VIA INFO@GUPTAFAMILYFOUNDATION.ORG
cAny submission deadlines:
APPLICATIONS FOR FUNDING MUST BE COMPLETED AND SUBMITTED BETWEEN JULY 1-SEPT 30 OF EACH YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
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

100WOMEN STRONG

PO BOX 342
LEESBURG,VA20178 		NONE PC CREATE OPPORTUNITY FOR YOUNG WOMEN 10,000

ACAD FOR SEVERE HANDICAPS & AUTISM

L 76/A KIRLOSKAR COL
HBCS 3RD STG 4TH BLOOK
BASAVESWARANAGAR,BANGALORE 560-079  
IN 		NONE PC EDU. ASST. TO SP. NEEDS CHILDRENS 27,500

ARLINGTON ACADEMY OF HOPE

PO BOX 7694
ARLINGTON,VA22207 		NONE PC DEVELOP AND EDUCATE RURAL UGANDA 120,000

ARTS COUNCIL OF FAIRFAX COUNTY

2667 PROSPERITY AVE
FAIRFAX,VA22031 		NONE PC SUPPORT ACCESS TO ARTS 5,000

ASHIYANAA

6701 DEMOCRACY BLVD 300
BETHESDA,MD20817 		NONE PC SUPPORT FOR SOUTH ASIAN WOMEN 30,000

BALAVIDAYALAYA TRUST

18 1ST CROSS ST
SHASTRI NAGAR,TAMILNADU600020
IN 		NONE NC SUPPORT FOR SPECIAL ED. TEACHERS 17,000

BOSQUE DE NIEBLA

CAMINO ANTIGUO A SAN
BARTOLO SN COXOLO
HUATUSCO,VERACRUZ94100
MX 		NONE PC PROTECT FOG FOREST OF CENT. VERACRUZ 5,000

CHILD AID FOUNDATION

CAF ROAD PATAMATALANAKA
VIJAYAWADA,ANDHRA PRADESH520010
IN 		NONE PC AID & CARE TO DISADVANTAGE CHILDREN 20,000

CLINICS CAN HELP

2560 WESTGATE AVENUE
WEST PALM BEACH,FL33409 		NONE PC PROVIDES MEDICAL EQMT & SUPPLIES 15,000

CORNERSTONES

11150 SUNSET HILLS ROAD
STE 210
RESTON,VA20190 		NONE PC RESOURCES FOR MEMBERS OF FAIRFAX COU 50,000

CURE GLAUCOMA FOUNDATION

10740 N CENTRAL EXPY
STE 300
DALLAS,TX75231 		NONE PC IMPROVE ACCESS TO QUALITY CARE 25,000

DADE COUNTY STREET RESPONSE

4300 NW 12TH AVE
MIAMI,FL33127 		NONE PC HELP DOCTORS PROVIDE FREE CARE 25,000

DARAJA EDUCATION FUND

4380 REDWOOD HWY
STE B10
SAN RAFAEL,CA94903 		NONE PC EDUCATE & EMPOWER GIRLS FROM POVERTY 65,000

DECARCERATE MIAMI
DBA BEYOND THE BARS
1951 NW 7TH AVE
SUITE 300
MIAMI,FL33136 		NONE PC BUILD SOCIAL & ECONOMIC POWER 39,500

DISABILITY EMPOWER NETWORK

110 WEMBLY ROAD
ROCHESTER,NY14616 		NONE PC EMPOWER DISABLED GIRLS & WOMEN 25,000

DOORWAYS FOR WOMEN AND CHILDREN

PO BOX 100185
ARLINGTON,VA22210 		NONE PC HOUSING & SUPP SVCS FOR HOMELESS 20,000

EL HOMBRE SOBRE LA TIERRA AC

AVE 22 NO 252 X 23
COL MIGUEL ALEMAN
YUCATAN,MERIDA97148
MX 		NONE NC BUILD A COMMON FACILITY & LEARNING C 50,000

FAIR CHILDREN YOUTH FOUNDATION

MUSANZE DISTRICT
RUHENGERI,NORTHERN PROVINCE  
RW 		NONE PC RESTORE HUMAN RIGHTS 19,272

FASD UNITED

1054 31ST ST NW
SUITE 204
WASHINGTON,DC20007 		NONE PC EMPOWER PEOPLE LIVING W/FASD 10,000

FRIENDS OF THAI DAUGHTERS

PO BOX 370
TREVETT,ME04571 		NONE PC SUPPORT TO PREVENT CHILD TRAFFICKING 75,000

GLOBAL FOUNDATION FOR CHILDREN

19905 4TH AVE NE
POULSBO,WA98370 		NONE PC EMPOWER CHILDREN W/HEARING LOSS 50,000

GRAND AVENUE

3200 W COLONIAL DR
ORLANDO,FL32808 		NONE PC HELPING PEOPLE WITH MENTAL ILLINESS 50,000

HER FUTURE COALITION

PO BOX 3403
ST AUGUSTINE,FL32085 		NONE PC COMBAT SEXUAL &GENDER BASED VIOLENCE 25,000

HERNDON-RESTON FISH INC

1141 ELDEN STREET
SUITE 200
HERNDON,VA20170 		NONE PC EMERGENCY ASSISTANCE FOR RESIDENTS 10,000

HOPE FOUNDATION

377 WILLARD RD
PARAMUS,NJ07652 		NONE PC HELPING ORPHANS, VIDOWS BUILD SUCESS 60,000

INGA FOUNDATION

101 MORTIMER DR
EVINGTON,VA24550 		NONE PC HALT SLASH & BURN AGRICULTURE 25,000

JABALA ACTION RESEARCH ORGANIZATION

221/6B GROUND FLOOR
RASHBEHARI AVE
KOLKATA,WEST BENGAL700019
IN 		NONE PC EMPOWER CHILDREN AND YOUTH 5,000

KENYA CONNECT

6030 MARSHALEE DR
SUITE 204
ELKRIDGE,MD21075 		NONE PC SUPPORT FOR STUDENTS & TEACHERS IN R 32,500

LA CONEXION SUSTENTABLE

1019 ASHLEY ROAD
WESTCHESTER,PA19382 		NONE PC FOREST RESTORATION 10,000

MANAVODAYA

IIM ROAD
POST DIGURIA
LUCKNOW,UTTAR PRADESH  
IN 		NONE PC FACILITATE POSITIVE CHANGE IN SOCIET 50,000

MOBILE HOPE

302 PARKER COURT SE
LEESBURG,VA20175 		NONE PC PROVIDE EMERGENCY SHELTER TO YOUTH 45,000

NATIONAL FOUNDATION FOR AUTISM
RESEARCH
9825 BUSINESSPARK AVE
SAN DIEGO,CA92131 		NONE PC IMPROVE THE LIVES OF AUTISTIC INDIVI 25,000

NATIONAL PUBLIC RADIO

1111 NORTH CAPITOL ST NE
WASHINGTON,DC20002 		NONE PC CREATE MORE INFORMED PUBLIC 15,000

OAR OF FAIRFAX COUNTY

10700 PAGE AVE
STE 200
FAIRFAX,VA22030 		NONE PC SVC FOR JUSTICE INVOLVED INDIVIDUALS 25,000

ONE GIRL CAN

14 KING EDWARD ST
COQUITLAM,BRITISH COLOMBIAV3K OE7
CA 		NONE NC EDUCATION FOR GENDER EQUALITY & POVE 15,000

OPERATION FIRST RESPONSE INC

20037 DOVE HILL ROAD
CULPEPER,VA22707 		NONE PC SUPPORT THOSE WHO SERVE US 20,000

OPPORTUNITY SCHOLARS

918 S BRADDOCK ST
WINCHESTER,VA22601 		NONE PC CREATE LOW COST CAREER PATHWAY 25,000

RESTON HISTORIC TRUST & MUSEUM

1639 WASHINGTON PLAZA N
RESTON,VA20190 		NONE PC SUPPORT COMMUNITY HISTORY 700

ROTARY CLUB OF RAJKOT

HOTEL PATRIA SUITES
AIRPORT ROAD
RAJKOT,GUJARAT360-007
IN 		NONE PC HUMANITARIAN SERVICES 43,000

SALAAM BAALAK TRUST

2ND F DDA COMMUNITY CTER
CHANDIWALI GALI
PAHAR GANG,NEW DELHI110055
IN 		NONE PC SUPPORT FOR STREET CHILDRENS 20,000

SHE BELIVES IN ME

761 ELDEN STREET
HERDON,VA20170 		NONE PC SUPPORT CHILDREN 30,000

SISTERS CIRCLE

303 TAPLOW ROAD
BALTIMORE,MD21212 		NONE PC EDUCATE & EMPOWER WOMEN 30,000

STARTING RIGHT NOW

1212 W CASS ST
TAMPA,FL33647 		NONE PC TO END HOMELESSNESS FOR YOUTH 70,000

TENDERLOVE COMMUNITY CENTER

1518 GIRARD BLVD NE
ALBUQUERQUE,NM87106 		NONE PC EMPOWER WOMEN 35,000

THE JFK CENTER FOR THE PERFORMING
ARTS
PO BOX 58100
WASHINGTON,DC20037 		NONE PC SUPPORT ARTS 25,000

TOGETHER WE BAKE

3821 GRIFFITH PLACE
ALEXANDRIA,VA22304 		NONE PC WORKFORCE TRAINING & PERSONAL DEV 25,000

TUCKER'S HOUSE

PO BOX 682086
FRANKLIN,TN37068 		NONE PC HELPING FAMILIES & CHILD. WITH DISAB 15,000

UNITED THROUGH SPORT

57 KING EDWARD STREET
NEWTON PARK
PORT ELIZABETH,EASTERN CAPE  
SF 		NONE PC HELPING DISADVANTAGED COMMUNITIES 10,000

VERY SPECIAL ARTS INDIA

PLOT NO 3
INSTITUTIONAL AREA
NEW DELHI,DELHI110070
IN 		NONE PC EMPOWER CHILDREN & YOUTH W/DISABILIT 10,000

VETERAN'S INTERNATINAL CAMBODIA

ROAD 6A
KEIN KHEANG VILLAGE
PHNOM PENH,CAMBODIA  
CB 		NONE PC REHAB FOR CHILDREN WITH CEREBRAL PAL 15,000

WIKIMEDIA ENDOWMENT

1 MONTGOMERY STREET
SUITE 1600
SAN FRANCISCO,CA94104 		NONE PC SUPPORT WIKIMEDIA PROJECTS 50,000

WOLF TRAP FOUNDATION

1645 TRAP ROAD
VIENNA,VA22182 		NONE PC EARLY LEARNING THROUGH THE ART 80,000

ZIP ZAP CIRCUS SCHOOL TRUST

10 JAN SMUTS ST
CAPE TOWN,CAPE TOWM8000
SF 		NONE PC INSPIRE & EMPOWER YOUNG PEOPLE 30,000
Total .................................right arrow 3a 1,629,472
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-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
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 17,756  
4 Dividends and interest from securities ....     14 244,792  
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 28,295 -241,237
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   290,843 -241,237
13Total. Add line 12, columns (b), (d), and (e)..................
13
49,606
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
GUPTA FAMILY FOUNDATION
 
Employer identification number

54-2048512
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
GUPTA FAMILY FOUNDATION
  		Employer identification number
54-2048512
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
MARQUEZ FOUNDATION
 
44620 GUILFORD DR SUITE 150
 
ASHBURN, VA20147

$ 5,000


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

$  


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

$  


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
GUPTA FAMILY FOUNDATION
  		Employer identification number

54-2048512
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
GUPTA FAMILY FOUNDATION
  		Employer identification number

54-2048512
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 58,718      

TY 2024 InvestmentsOtherSchedule2
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PNC INVESTMENTS FMV 10,641,730 10,641,730

TY 2024 OtherDecreasesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Description Amount
ACCRUAL TO CASH CONVERSION 3,881


TY 2024 OtherExpensesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
MEALS 291      
INTERNET 63      
OFFICE EXPENSES 662      
INVESTMENT MANAGEMENT FEES 54,228 54,228    
WEBSITE 2,711      
EVENTS 43,723      


TY 2024 OtherIncreasesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Description Amount
UNREALIZED LOSS ON PNC SECURITIES 1,321,403
BOOK TO TAX DIFFERENCE 4,153


TY 2024 OtherNotesLoansRcvblShortSch2
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Name of 501(c)(3) Organization Balance Due
PNC RECEIVABLE
  		 


TY 2024 OtherProfessionalFeesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 40,222      


TY 2024 TaxesSchedule
Name:
GUPTA FAMILY FOUNDATION
EIN:
54-2048512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,212 2,212