The mission of the foundation is to support the core principles of Late Mrs. Kailash Goyal held during her life. She was an active supporter of the underprivileged and believed in education for all. She also recognized the importance of access to healthcare. Her family and friends sought to continue her legacy through the formation of The Kailash Goyal Foundation. Funds collected in US are transferred to J K Shanti Charitable Society to promote education and medical wellness. We conduct frequent site visits and assess the effect of our aid sent to India. We also keep records of all granted funds, corporate filings, financial statements and tax records.
J K Shanti Charitable Society was formed by Bansal and Goyal family members along with close friends in India on April 2nd, 2009 and registered with the Registrar of Haryana Societies, Panchkula, Haryana under Registration No. 89 dated May 12, 2009. A sister concern under the name of The Kailash Goyal Foundation (KGF) was formed in June of 2009 in memory of Late Mrs. Kailash Goyal by her husband Ved Goyal and children along with Bansal & Goyal family in USA. She was born on 25th December 1947 in Nabha, India. She understood the importance of family and tradition. She immigrated with her husband Mr. Ved Raj Goyal, and her three children to Northern Virginia and has been a prominent member of the community since 1974.
Kailash Goyal, a pillar of the Indian community in the DC metropolitan area, died suddenly on March 8th, 2009 at the age of 61. She was a woman who put family first, raising her three children and supporting her husband. She maintained strong ties with her family in India, assisted a number of her relatives immigrate to the US, and maintained the growing network of Goyals and Bansals in the USA.
TAX EXEMPT STATUS & OTHER APPROVALS
The Kailash Goyal Foundation was granted tax-exempt status by the IRS under Section 501(c) (3) of the internal revenue code. All contributions are tax deductible under section 170 of the code. J.K. Shanti Charitable Society has been granted tax exempt status under section 80G (5) (vi)/12A of the Income Tax Act-1961 by The Haryana Income Tax Department. All Donations made to the Society are Tax Deductible. Ministry of Home Affairs, New Delhi has granted permanent Registration No. 172350011 to receive foreign funds. These funds are being deposited in an account exclusively dedicated to foreign funds and intimation of income and expenses is given to the Ministry per applicable rules and regulations.