Bharat Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.5M in total assets. In 2024, it awarded 2 grants totaling $1.3M. Net investment income was $19.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.5M
+148.2% YoY
Annual Giving
$1.3M
+4.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$625K
+4.7% YoY
Under IRS private-foundation payout rules, Bharat Family Foundation reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
About Bharat Family Foundation
Based on IRS filings
Bharat Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.5M in total assets. In 2024, it awarded 2 grants totaling $1.3M. Net investment income was $19.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,490,396 | $12,689,056 | $11,773,098 |
| Revenue | $20,257,217 | $2,166,746 | $1,043,899 |
| Expenses | $1,455,877 | $1,250,788 | $1,424,110 |
| Qualifying Distributions | $1,262,998 | $1,206,814 | $1,377,575 |
| Net Investment Income | $19,796,017 | $774,828 | $149,028 |
| Distributable Amount | $1,555,369 | $1,276,177 | $1,233,269 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($950,000), Washington University ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | General & Unrestricted | $950,000 |
| WASHINGTON UNIVERSITY SAINT LOUIS, MO | General & Unrestricted | $300,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Krishna Bharat | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bharat Family Foundation?
Bharat Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $31.5M in total assets as of 2024.
How large is Bharat Family Foundation?
As of 2024, Bharat Family Foundation holds $31.5M in total assets with $20.3M in annual revenue. It awarded 2 grants totaling $1.3M in 2024.
Where does Bharat Family Foundation operate?
Bharat Family Foundation has awarded grants in Massachusetts, Missouri, New York.
What size grants does Bharat Family Foundation award?
In 2024, Bharat Family Foundation awarded 2 grants totaling $1.3M — an average of about $625K per grant, based on its IRS Form 990 filings.
How much is Bharat Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bharat Family Foundation reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bharat Family Foundation's EIN?
Bharat Family Foundation's EIN (Employer Identification Number) is 20-8037904. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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