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Bharat Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is % Foundation Source. It holds total assets of $31.5M. Annual income is reported at $26.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bharat Family Foundation has made 8 grants totaling $4.2M, with a median grant of $447K. Annual giving has grown from $305K in 2021 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $2.7M distributed across 4 grants. Individual grants have ranged from $100K to $1.1M, with an average award of $529K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and Missouri and New York. Contributions to this foundation are tax-deductible.
Bharat Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, MO, NY.
Bharat Family Foundation has distributed a total of $4.2M across 8 grants. The median grant size is $447K, with an average of $529K. Individual grants have ranged from $100K to $1.1M.
Bharat Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bharat Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Krishna Bharat | Pres, Dir, Sec | $0 | $0 | $0 |
Total Giving
$1.3M
Total Assets
$12.7M
Fair Market Value
$30M
Net Worth
$12.7M
Grants Paid
$1.2M
Contributions
$1.6M
Net Investment Income
$775K
Distribution Amount
$1.3M
Total Grants
8
Total Giving
$4.2M
Average Grant
$529K
Median Grant
$447K
Unique Recipients
3
Most Common Grant
$300K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Washington UniversityGeneral & Unrestricted | Saint Louis, MO | $600K | 2023 |
| Fidelity Investments Charitable Gift FundBHARAT FAMILY DONOR ADVISER fund | Boston, MA | $594K | 2023 |
| American India FoundationGeneral & Unrestricted | New York, NY | $100K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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