Dakshana Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Foundation is a philanthropic foundation focused on alleviating poverty. It is focused on providing world-class educational opportunities to economically and socially disadvantaged gifted children from impoverished rural backgrounds in India.
- Income
- $3.9 million
- Spending
- $632,550
- Spent on programs
- 71%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 1
- Highest pay
- $25,000, director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 84% of income.
Income trend
15 of 15Income rose 102% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 30 out of 100. Higher than 2% of charities in its peer group (education, $1m to $10m).
Independent board
5 of 250 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $450,474 spent. Dakshanas specific purpose is to identify destitute but intellectually gifted orphans and underprivileged children in India. The Foundation will build residential school(s) in India and sending these gifted orphans to these schools. Dakshana will pay for all tuition and living expenses through grade 12 for all such selected Dakshana scholars.The Foundation will also form a partnership with leading student loan lenders. Afterhigh school, Dakshana will, if required, co-sign student loans for all Dakshana scholars to attend any accredited university on a combination of scholarships and loans.The Foundation hopes to build a very deep relationship with the Dakshana scholarsthroughout their entire lives. Dakshana will impose no legal obligation on the scholars but clearly outline a moral obligation to give back 10% of lifetime earnings to the Foundation so that more scholars can be supported by the Foundation. The Foundations vision is that the scholars of today will eventually sponsor a scholar in the future. This will ultimately result in production of more Dakshana scholars every year.In India, every year, less than 2,000 gifted scholars graduated from the Indian Institute of Technology, one of the leading schools in India. But these small numbers have created a sizable impact on the countrys economy. Starting with one scholar in 2006, Dakshana envisions supporting hundreds of new scholars each year after two or three decades with the source of funding eventually coming from the beneficiaries of yesterday.The Foundation will encourage donors to support a specific scholar for a year or two or through the entire program. This will provide an opportunity for the donor to see the impact of their donations on an orphans life. Under Dakshanas supervision, such donors can foster a nurturing parent-like relationship with the scholar.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.