//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $8K in 2011 to $12M in 2024. The foundation is governed by 4 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 2020 to 2024. The foundation primarily funds organizations in Massachusetts, Texas and California. 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.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$93K
Largest Grant
$480K
Based on 6 grants from the most recent 990-PF filing.
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.
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 |
|---|---|---|---|---|
| Priti Chatter | TRUSTEE | $0 | $0 | N/A |
| Saejal Chatter | TRUSTEE | $0 | $0 | N/A |
| Mukesh Chatter | TRUSTEE | $0 | $0 | N/A |
| Sonal Chatter | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$12M
Fair Market Value
N/A
Net Worth
$12M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$5M
Average Grant
$207K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$5K
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 |
| Giving Back FundANURADHA PALAKURTHI | Los Angeles, CA | $5K | 2021 |
| Ekal Vidyalaya FoundationGENERAL PURPOSES | Houston, TX | $13K | 2020 |
| Georgetown UniversityCHAPEL PROJECT | Washington, DC | $10K | 2020 |
| Indian Circle Of CaringGENERAL PURPOSES | Waltham, MA | $5K | 2020 |
| Hindu American FoundationGENERAL PURPOSES | Washington, DC | $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 |
| Hindi ManchGENERAL PURPOSES | Lexington, MA | $1K | 2020 |
| Samskrita BharatiGENERAL PURPOSES | Santa Clara, CA | $1K | 2020 |
| Chinmaya Mission BostonGENERAL PURPOSES | Andover, MA | $1K | 2020 |