Bhaga Private Foundation

Foundation · Grantmaker Fairfield, IA EIN: 92-0567966

Bhaga Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fairfield, IA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $59K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $200.

Key facts about Bhaga Private Foundation

EIN: 92-0567966
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $15,006
Grants made (2024): 5
Average grant: $3,001
Median grant: $1,633
Total assets: $59,283
Primary geography: West Virginia (46% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Bhaga Private Foundation funds

By grant dollars, the top recipient states for Bhaga Private Foundation's 5 itemized 2024 grants were West Virginia (46%), Iowa (40%) and Vermont (11%). The most frequent recipient cities were Fairfield, IA (2 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education scholarships" (5 grants).

How Bhaga Private Foundation gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Bhaga Private Foundation

How to evaluate Bhaga Private Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Bhaga Private Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$59K

Annual Giving

$15K

Grant Count

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Bhaga Private Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Bhaga Private Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Bhaga Private Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $7K (46%)

Iowa $6K (40%)

Vermont $2K (11%)

Massachusetts $450 (3%)

Share of all 5 itemized 2024 grant dollars.

States

Iowa Massachusetts Vermont West Virginia

Cities

FairfieldRomneyLincolnPutney

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022
Total Assets	$59,283	$33,206
Revenue	$48,446	—
Expenses	$24,936	$1,428
Qualifying Distributions	$15,006	$1,008
Net Investment Income	$200	—
Distributable Amount	$1,457	—

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Maharishi Purusha Program ($6,915), Brahmananda Saraswati Foundation ($5,000), Jack and Karen Sugden ($1,633).

Recipient	Purpose	Amount
Maharishi Purusha Program Romney, WV	Education scholarships	$6,915
Brahmananda Saraswati Foundation Fairfield, IA	Education scholarships	$5,000
Jack and Karen Sugden Putney, VT	Education scholarships	$1,633
Maharishi Foundation International Fairfield, IA	Education scholarships	$1,008
MA Transcendntal Meditation Program Lincoln, MA	Education scholarships	$450

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Ted Weissman	Director	1	—
John Gorup	Director	1	—
Douglas McLeish	Director	1	—
William Britton Roberts	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bhaga Private Foundation?

Bhaga Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fairfield, IA. It holds $59K in total assets as of 2024.

How large is Bhaga Private Foundation?

As of 2024, Bhaga Private Foundation holds $59K in total assets with $48K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Bhaga Private Foundation operate?

Bhaga Private Foundation has awarded grants in Iowa, Massachusetts, Vermont, West Virginia.

What size grants does Bhaga Private Foundation award?

In 2024, Bhaga Private Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Bhaga Private Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bhaga Private Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.