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Rita And Sunil Bhatia Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $5.1M. Annual income is reported at $138K. 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 2022 to 2024. According to available records, Rita And Sunil Bhatia Foundation has made 2 grants totaling $77K, with a median grant of $38K. 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.
Rita And Sunil Bhatia Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants.
Rita And Sunil Bhatia Foundation has distributed a total of $77K across 2 grants. The median grant size is $38K, with an average of $38K. Individual grants have ranged from $38K to $38K.
Rita And Sunil Bhatia Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rita And Sunil Bhatia Foundation is headquartered in WILMINGTON, DE.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anushka Bhatia | Dir, VP | $0 | $0 | N/A |
| Rita Bhatia | Dir, Sec, Treas, Pres | $0 | $0 | N/A |
| Sunil Bhatia | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
| Vivaan Bhatia | Dir, VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.1M
Fair Market Value
N/A
Net Worth
$5.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$77K
Average Grant
$38K
Median Grant
$38K
Unique Recipients
1
Most Common Grant
$38K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Community Foundation Of SingaporeGeneral & Unrestricted | Singapore | $38K | 2022 |