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Bhandara Foundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 1997. It holds total assets of $523K. Annual income is reported at $597K. Total assets have grown from N/A in 2010 to $265K in 2022. The foundation is governed by 2 officers and trustees. 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 2021 to 2023. According to available records, Bhandara Foundation has made 22 grants totaling $105K, with a median grant of $2K. Annual giving has grown from $11K in 2021 to $32K in 2023. Grantmaking activity was highest in 2022 with $62K distributed across 12 grants. Individual grants have ranged from $200 to $25K, with an average award of $5K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Texas, Illinois, District of Columbia, which account for 86% of all grants. Grantmaking reaches organizations across 5 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.
Bhandara Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in TX, IL, DC.
Bhandara Foundation has distributed a total of $105K across 22 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $200 to $25K.
Bhandara Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bhandara Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Feroze Bhandara | TRUSTEE | $0 | $0 | N/A |
| Shernaz Bhandara | TRUSTEE | $0 | $0 | N/A |
Total Giving
$40K
Total Assets
$265K
Fair Market Value
$256K
Net Worth
$265K
Grants Paid
$32K
Contributions
$54K
Net Investment Income
$1K
Distribution Amount
$7K
Total Grants
22
Total Giving
$105K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
15
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Star Of HopeCARRY OUT EXEMPT PURPOSES | Houston, TX | $280 | 2023 |
| Atash Kadeh TempleCARRY OUT EXEMPT PURPOSES | Houston, TX | $17K | 2023 |
| Zoroastrian Assoc Of HoustonCARRY OUT EXEMPT PURPOSES | Houston, TX | $8K | 2023 |
| Touch Base Center For DeafblindCARRY OUT EXEMPT PURPOSES | Houston, TX | $3K | 2023 |
| Islamic Society Of Greater HoustonCARRY OUT EXEMPT PURPOSES | Houston, TX | $3K | 2023 |
| Daya IncCARRY OUT EXEMPT PURPOSES | Houston, TX | $500 | 2023 |
| Hearthstone HeatwavesCARRY OUT EXEMPT PURPOSES | Spring, TX | $250 | 2023 |
| Alliance For Disaster ReliefCARRY OUT EXEMPT PURPOSES | Houston, TX | $25K | 2022 |
| World Zorastrian OrganizationCARRY OUT EXEMPT PURPOSES | Burr Ridge, IL | $10K | 2022 |
| Good Food InstituteCARRY OUT EXEMPT PURPOSES | Washington, DC | $3K | 2022 |
| Parsiana PublicationsCARRY OUT EXEMPT PURPOSES | Mumbai | $1K | 2022 |
| Humane LeagueCARRY OUT EXEMPT PURPOSES | Rockville, MD | $1K | 2022 |
| Humane Society Of The UsCARRY OUT EXEMPT PURPOSES | Washington, DC | $1K | 2022 |
| Cellular Agriculture SocietyCARRY OUT EXEMPT PURPOSES | San Francisco, CA | $500 | 2022 |
| Houston Public MediaCARRY OUT EXEMPT PURPOSES | Houston, TX | $200 | 2022 |