Indian American Business Impact Group Foundation
AI Summary
The Indian American Business Impact Group Foundation (EIN: 93-2110123) is a nonprofit organization focused on entrepreneurship, particularly among Indian American and other ethnic business owners. Its mission is to promote the next generation of local business leaders, emphasizing women and youth entrepreneurship in the DC, Maryland, and Virginia area. With an operating budget of $173.8K and total revenue of $1.5M for the filing year 2024, the foundation does not rely on any single funder for 50% or more of its revenue. More information can be found at www.iambusinessimpact.org.
Mission Statement
The mission of Indian American Business Impact Group (IAMBIG) is to be a platform for Indian American and other ethnic business owners and to promote the next generation of local business leaders,Women entreprenuership and youth entreprenuership in the DC,Maryland and VA area.
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Indian American Business Impact Group Foundation’s budget?
In 2024, Indian American Business Impact Group Foundation reported an annual operating budget of around $174 thousand. More detailed financial information is available to registered users.
What causes does Indian American Business Impact Group Foundation support?
Indian American Business Impact Group Foundation supports work in Entrepreneurship.
Where does Indian American Business Impact Group Foundation operate?
Indian American Business Impact Group Foundation is headquartered in Mclean, VA.
Who funded Indian American Business Impact Group Foundation recently?
In 2025, Indian American Business Impact Group Foundation received grants from UNITED WAY MIAMI INC, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. More information on this organization’s funders is available to registered users.
What is the largest grant Indian American Business Impact Group Foundation received in 2024?
The largest grant to Indian American Business Impact Group Foundation in 2024 exceeds $33 thousand.