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Bvm Foundation is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2002. The principal officer is % Fiduciary Trust Co. It holds total assets of $12M. Annual income is reported at $730K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bvm Foundation has made 24 grants totaling $5M, with a median grant of $5K. Annual giving has grown from $57K in 2020 to $4.4M in 2022. Individual grants have ranged from $1K to $1.1M, with an average award of $207K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Massachusetts, Texas, District of Columbia, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Bvm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MA, TX, DC.
Bvm Foundation has distributed a total of $5M across 24 grants. The median grant size is $5K, with an average of $207K. Individual grants have ranged from $1K to $1.1M.
Bvm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bvm Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sonal Chatter | TRUSTEE | $0 | $0 | $0 |
| Mukesh Chatter | TRUSTEE | $0 | $0 | $0 |
| Saejal Chatter | TRUSTEE | $0 | $0 | $0 |
| Priti Chatter | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$12.3M
Fair Market Value
$20.4M
Net Worth
$12.3M
Grants Paid
$1.1M
Contributions
$0
Net Investment Income
$731K
Distribution Amount
$1.1M
Total: $3.6M
Total Grants
24
Total Giving
$5M
Average Grant
$207K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fiduciary Charitable FoundationCHATTER FOUNDATION DAF | Boston, MA | $1.1M | 2022 |
| Sewa InternationalGENERAL PURPOSES | Houston, TX | $50K | 2021 |
| Museum Of ScienceGENERAL PURPOSES | Boston, MA | $10K | 2021 |
| Fidelity Charitable Gift FundGENERAL PURPOSES | Boston, MA | $6K | 2021 |
| Jain Center Of Greater BostonGENERAL PURPOSES | Norwood, MA | $5K | 2021 |
Other foundations that have funded Bvm Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Koehr Family Foundation | $6K | 2023 | SUPPORT MOTHER OF MERCY FREE CLINIC |
| Mary E Van Drew Charitable Foundation Inc. | $5K | 2023 | GENERAL OPERATING |
| Koehr Family Foundation | $15K | 2022 | SUPPORT MOTHER OF MERCY FREE CLINIC |
| Koehr Family Foundation | $15K | 2022 | SUPPORT MOTHER OF MERCY FREE CLINIC |
| Giving Back FundANURADHA PALAKURTHI | Los Angeles, CA | $5K | 2021 |
| Ekal Vidyalaya FoundationGENERAL PURPOSES | Houston, TX | $13K | 2020 |
| Georgetown UniversityCHAPEL PROJECT | Washington, DC | $10K | 2020 |
| Hindu American FoundationGENERAL PURPOSES | Washington, DC | $5K | 2020 |
| Indian Circle Of CaringGENERAL PURPOSES | Waltham, MA | $5K | 2020 |
| Infinity FoundationGENERAL PURPOSES | Princeton, NJ | $5K | 2020 |
| Himalayan AcademyDIGITAL DHARMA DRIVE | Kapaa, HI | $1K | 2020 |
| The Desai FoundationGENERAL PURPOSES | Bedford, MA | $1K | 2020 |
| Jain Sangh Of New EnglandGENERAL PURPOSES | Burlington, MA | $1K | 2020 |
| Chinmaya Mission BostonGENERAL PURPOSES | Andover, MA | $1K | 2020 |
| Samskrita BharatiGENERAL PURPOSES | Santa Clara, CA | $1K | 2020 |
| Hindi ManchGENERAL PURPOSES | Lexington, MA | $1K | 2020 |
| Mary E Van Drew Charitable Foundation Inc. |
| $4K |
| 2022 |
| GENERAL OPERATING |
| Mary E Van Drew Charitable Foundation Inc. | $4K | 2022 | GENERAL OPERATING |
| Koehr Family Foundation | $12K | 2021 | SUPPORT MOTHER OF MERCY FREE CLINIC |
| Mary E Van Drew Charitable Foundation Inc. | $4K | 2021 | GENERAL OPERATING |
| Koehr Family Foundation | $12K | 2020 | SUPPORT MOTHER OF MERCY FREE CLINIC |
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