International Alumni Association of Shri Mahavira Jaina Vidyalava Inc. Logo

MIP Score

50

International Affairs
International Affairs Services

International Alumni Association of Shri Mahavira Jaina Vidyalava Inc.

Mission

The International Alumni Association of Shri Mahavira Jain Vidyalaya (IAAMJV-USA) is a nonprofit organization founded in 1991 to support higher education within the Jain community. It provides interest-free loan scholarships to facilitate educational pursuits of students from India and the USA, helping them achieve their academic goals while respecting Jain principles.

Basic Information

Tax-Exempt

Address

47 Parsler Pl, Fords, New Jersey, 08863

View all Fords charities

Founded in

1991

EIN

11-3097675

Total Assets

$3.765 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Loan Scholarship for Graduates (LSGI)

Loan Scholarship for Graduates (LSGI)

Supporting graduate students from India to study in the USA with scholarships up to $5,000.

High School Seniors/College Undergraduates (CEL)

High School Seniors/College Undergraduates (CEL)

Offering $10,000 loan scholarships for high school seniors/college undergraduates in the USA.

Loan Scholarship Program for Undergraduates (LSUI)

Loan Scholarship Program for Undergraduates (LSUI)

Providing scholarships for undergraduate students residing in India.

Impact Stats

$3,000,000

Total Loan Amount Disbursed

Scholarship Disbursement

More than $3 million disbursed as interest-free loans to over 1,000 students since inception.

150+

Total Students Supported per Year

Number of Students Helped

Over 150 students aided annually through various scholarship programs.

$5,000

Current Loan Amount for LSGI Program

Increased Loan Amounts

Loan scholarships have increased from $1,000 to $5,000 within the last 30 years.

Past Events

Reunion

2019-07-14

An event for alumni to connect with each other and share experiences.

Election and General Body Meetings

2014-08-15

Election of new members and general discussions on the association's objectives.

Our Programs

Loan Scholarship Program for Graduates (LSGI)

Loan Scholarship Program for Graduates (LSGI)

Provides loan scholarships of $5,000 for graduates from India pursuing higher education in the USA.

Learn More
Loan Scholarship Program for Undergraduates (LSUI)

Loan Scholarship Program for Undergraduates (LSUI)

Offers loan scholarships for undergraduate students residing in India.

Learn More
CEL Program

CEL Program

Supports high school seniors and college undergraduates in the USA with loans up to $10,000.

Learn More

Testimonials

"I am highly thankful to IAAMJV for providing me with immense help and financial support for my education. It is incomparable."

Aagam Shah

Student

"This loan has really helped financially sponsor my education since I do not have a green card yet; it was difficult to get a student loan from the bank."

Maitri Gandhi

Student

"I am really grateful to this organization and people who are doing this brilliant work to help needy students for their education."

Harshit Gandhi

Student

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

50

46

/100

Program Expense Ratio

98.37%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0

2

/20

Working Capital Ratio

11.13

20

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants434.2K87.34%
Program Services00.00%
Investment Income33.06K6.65%
Sales of Non-Inventory Assets29.86K6.01%
Other Notable Sources00.00%
Total Revenue497.1K100.00%