//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Abbhi Family Foundation is a private trust based in CORAL GABLES, FL. The foundation received its IRS ruling in 2021. The principal officer is Deepak Abbhi. It holds total assets of $12.5M. Annual income is reported at $3.3M. Total assets have grown from $10M in 2019 to $13.1M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Abbhi Family Foundation has made 13 grants totaling $4.8M, with a median grant of $50K. Annual giving has decreased from $451K in 2020 to $70K in 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 6 grants. Individual grants have ranged from $1K to $2M, with an average award of $370K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Florida, Connecticut, Texas, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Abbhi Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in FL, CT, TX.
Abbhi Family Foundation has distributed a total of $4.8M across 13 grants. The median grant size is $50K, with an average of $370K. Individual grants have ranged from $1K to $2M.
Abbhi Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Abbhi Family Foundation is headquartered in CORAL GABLES, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deepak Abbhi | TRUSTEE | $0 | $0 | N/A |
Total Giving
$127K
Total Assets
$13.1M
Fair Market Value
$13.4M
Net Worth
$11.7M
Grants Paid
$70K
Contributions
$2.6M
Net Investment Income
$393K
Distribution Amount
$575K
Total: $4.4M
Total Grants
13
Total Giving
$4.8M
Average Grant
$370K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ramakrishna FoundationSUPPORT RELIGIOUS AND SPIRITUALLY BASED ORGANIZATIONS | Arcadia, CA | $50K | 2023 |
| Global Cancer Care FoundationSUPPORT CANCER TREATMENT AND RESEARCH | Pinecrest, FL | $20K | 2023 |
| Baptist Health Of South Florida IncTO SUPPORT MEDICAL ASSISTANCE. | Coral Gables, FL | $2M | 2022 |
| Global Cancer Care Foundation IncSUPPORT MEDICAL ASSISTANCE. | Pinecrest, FL | $50K | 2022 |
| Carlton Fields Charitable Foundation IncGENERAL SUPPORT FOR THE COMMUNITY | Tampa, FL | $1K | 2022 |
| Hindu Cultural Center Of Connecticut IncRELIGIOUS AND CULTURAL EVENTS | Stratford, CT | $170K | 2021 |
| Boys & Girls Clubs Of Miami-DadeTO INSPIRE AND ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING AND RESPONSIBLE CITIZENS. | Miami, FL | $10K | 2021 |
| Baptist Health South Florida FoundationIMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS, AND TO PROMOTE THE SANCTITY AND PRESERVATION OF LIFE. | Coral Gables, FL | $100K | 2020 |
| Ekal Vidylaya Foundation Of Usa IncTO HELP SET UP ONE TEACHER SCHOOLS TO PROVIDE FREE ELEMENTARY EDUCATION AND FREE PRIMARY HEALTHCARE TO CHILDREN IN REMOTE AND RURAL INDIA. | Houston, TX | $100K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL