Bhandara Foundation
Bhandara Foundation is a private foundation based in Houston, Texas. Its 2024 filing reports grants to charitable organizations, including religious, community, education, and social-service organizations.
Bhandara Foundation at a glance
In short: Bhandara Foundation gave $74K across 12 grants in 2024 (avg $6K), mostly in Texas. 50% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $74,363
- +134.4% vs 2023
- Grants made (2024)
- 12
- +71.4% vs 2023
- Average grant
- $6,197
- +36.7% vs 2023
- Median grant
- $1,004
- Total assets
- $522,656
- +97.0% vs 2023
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2024; small sample)
- Primary geography
- Texas (77% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bhandara Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 6060 Richmond Ave 380, Houston, TX 77057
Phone: (713) 952-5555
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bhandara Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Zoroastrian Assoc of Houston ($37K). Together the top 10 received $74K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 77% of grant dollars went to recipients in Texas and 23% to recipients in Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is Bhandara Foundation open to new grantees?
50%
first-time grantees, 2024
In 2024, 6 of 12 grantees (50%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $3K; repeat grants $9K. How we count
Medians: $500 first-time, $3K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 600% from 2021 to 2024. Method
- In 2024 it paid out 370% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $11K (2021) to $74K (2024). In 2024 it made 12 grants totaling $74K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Zoroastrian Assoc of Houston Houston, TX | Carry Out Exempt Purposes | $36,699 |
| Nufdi Fund Washington, DC | Carry Out Exempt Purposes | $17,008 |
| Atash Kadeh Temple Houston, TX | Carry Out Exempt Purposes | $11,797 |
| Islamic Society of Greater Houston Houston, TX | Carry Out Exempt Purposes | $2,500 |
| Touch Base Center for DeafBlind Houston, TX | Carry Out Exempt Purposes | $2,500 |
| Star of Hope Houston, TX | Carry Out Exempt Purposes | $1,008 |
| Etoile Academy Charter School Houston, TX | Carry Out Exempt Purposes | $1,000 |
| Alief Youth Sports League Houston, TX | Carry Out Exempt Purposes | $500 |
| Westbury High School Foundation Houston, TX | Carry Out Exempt Purposes | $500 |
| Culture of Health-Advancing Togethe Houston, TX | Carry Out Exempt Purposes | $500 |
Ready to take the next step with Bhandara Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $522,656 | $327,747 | $79,701 | $74,363 | 12 | $74,363 | $45,173 | $20,111 |
| 2023 | $265,347 | $46,768 | $39,511 | $31,723 | 7 | $31,723 | $1,226 | $7,109 |
| 2022 | $258,090 | $155,548 | $67,188 | $62,232 | 12 | $62,232 | — | $5,284 |
| 2021 | $169,741 | $60,259 | $17,022 | $10,630 | 3 | — | — | $1,666 |
Under IRS private-foundation payout rules, Bhandara Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its listed 2024 grantees include organizations with varied missions. Friends of Namal describes its mission as supporting academic excellence and the uplift and development of youth with Namal values, contributing to organizations and the community, and finding innovative solutions to rural challenges through trained academics.
Grantmaking
In 2024, the foundation gave 12 grants totaling $74,363. Grants ranged from $101 to $36,699, with a median grant of $1,004. The largest grants went to Zoroastrian Association of Houston ($36,699), Nufdi Fund ($17,008), and Atash Kadeh Temple ($11,797). Other recipients included the Islamic Society of Greater Houston and Touch Base Center for DeafBlind, each receiving $2,500, and Friends of Namal, which received $101.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Feroze Bhandara and Shernaz Bhandara as trustees, and Berzin Bhandara as secretary and treasurer.
Bhandara Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Feroze Bhandara
Trustee
On filings since 2021
20 hrs/week
No compensation reported
Shernaz Bhandara
Trustee
On filings since 2021
25 hrs/week
No compensation reported
Berzin Bhandara
Secretary & Treasurer
New on the 2024 filing
6 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bhandara Foundation
How much does Bhandara Foundation give each year?
Bhandara Foundation gave $74K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $32K across 7 grants.
What is Bhandara Foundation's typical grant size?
Bhandara Foundation's median grant in 2024 was $1,004, and its average grant was $6,197, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bhandara Foundation that year got $3K on average.
Where does Bhandara Foundation give grants?
Bhandara Foundation gives mostly in Texas: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (23%). The most frequent recipient cities were Houston, TX (10 grants).
Who are Bhandara Foundation's largest grantees?
Bhandara Foundation's largest 2024 grantees include Zoroastrian Assoc of Houston ($36,699), Nufdi Fund ($17,008) and Atash Kadeh Temple ($11,797), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is Bhandara Foundation?
Bhandara Foundation reported $523K in total assets on its 2024 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).
What does Bhandara Foundation fund?
No mission statement for the foundation is provided. Its listed 2024 grantees include organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Bhandara Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bhandara Foundation's EIN?
Bhandara Foundation's EIN (Employer Identification Number) is 76-0522768. IRS Form 990 filing data is available on this page for 2021–2024.
Does Bhandara Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Bhandara Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/bhandara-foundation-morg_a10f48fb2c4f47f582e239d635321cd1
BibTeX
@misc{grantable_760522768_2026,
author = {{Grantable}},
title = {{Bhandara Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bhandara-foundation-morg_a10f48fb2c4f47f582e239d635321cd1},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bhandara Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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