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Bharucha Charitable Foundation is a private trust based in BRIDGEPORT, CT. The foundation received its IRS ruling in 2001. The principal officer is Raymond G Heche. It holds total assets of $261K. Annual income is reported at $111K. Total assets have grown from $96K in 2011 to $145K in 2023. The foundation is governed by 1 officer or trustee. See attached schedule for form 990-pf, part xv. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Bharucha Charitable Foundation has made 2 grants totaling $59K, with a median grant of $29K. Annual giving has grown from $26K in 2020 to $32K in 2022. Individual grants have ranged from $26K to $32K, with an average award of $29K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
See attached schedule for form 990-pf, part xv
Expenses: $36K
See attached schedule for form 990-pf, part xv. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CT.
Bharucha Charitable Foundation has distributed a total of $59K across 2 grants. The median grant size is $29K, with an average of $29K. Individual grants have ranged from $26K to $32K.
Bharucha Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bharucha Charitable Foundation is headquartered in BRIDGEPORT, CT.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond Heche | TRUSTEE | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$145K
Fair Market Value
$421K
Net Worth
$145K
Grants Paid
$28K
Contributions
$30K
Net Investment Income
N/A
Distribution Amount
N/A
Total: N/A
Total Grants
2
Total Giving
$59K
Average Grant
$29K
Median Grant
$29K
Unique Recipients
1
Most Common Grant
$26K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleUNRESTRICTEDDONATIONS INCALENDAR YR 2022 | Bridgeport, CT | $32K | 2022 |