Bhanu Manglani & Family Foundation

NEW YORK, NY EIN: 20-1928799

Bhanu Manglani & Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $697K in total assets. In 2024, it awarded 4 grants totaling $58K. Net investment income was $118K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$697K

Annual Giving

$58K

Grant Count

Avg Grant Size

$15K

Under IRS private-foundation payout rules, Bhanu Manglani & Family Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Bhanu Manglani & Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Missouri $60K (54%)

Alabama $20K (17%)

New York $19K (17%)

New Jersey $13K (12%)

States

Alabama Missouri New Jersey New York

Cities

ElmhurstFlushingHollisKansas CityMilltownMiltownSearingtown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022	2021
Total Assets	$697,285	$669,571	$688,903
Revenue	$119,075	$22,764	$23,253
Expenses	$60,560	$42,096	$50,072
Qualifying Distributions	$58,009	$39,001	$44,504
Net Investment Income	$117,834	$21,724	$21,971
Distributable Amount	$60,688	$53,062	$61,525

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pkd Foundation ($40,000), Ved Mandir ($13,002), Shiv Shakti Peeth ($3,005).

Recipient	Purpose	Amount
SATYA NARYAN MANDIR ELMHURST, NY	TO SUPPPORT THE CASUE	$2,002
PKD FOUNDATION KANSAS CITY, MO	SUPPORT CAUSE	$40,000
SHIV SHAKTI PEETH HOLLIS, NY	TO SUPPORT CAUSE	$3,005
VED MANDIR MILLTOWN, NJ	SUPPORT CUASE	$13,002

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NAVIN MANGLANI	VICE PRESIDENT	20	—
SUNITA MANGLANI	PRESIDENT	20	—
MEETA MANGLANI	SECRETARY	20	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bhanu Manglani & Family Foundation?

Bhanu Manglani & Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $697K in total assets as of 2024.

How large is Bhanu Manglani & Family Foundation?

As of 2024, Bhanu Manglani & Family Foundation holds $697K in total assets with $119K in annual revenue. It awarded 4 grants totaling $58K in 2024.

Where does Bhanu Manglani & Family Foundation operate?

Bhanu Manglani & Family Foundation has awarded grants in Alabama, Missouri, New Jersey, New York.

What size grants does Bhanu Manglani & Family Foundation award?

In 2024, Bhanu Manglani & Family Foundation awarded 4 grants totaling $58K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Bhanu Manglani & Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bhanu Manglani & Family Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bhanu Manglani & Family Foundation's EIN?

Bhanu Manglani & Family Foundation's EIN (Employer Identification Number) is 20-1928799. IRS Form 990 filing data is available on this page for 2021–2024.