Bhawan Family Charitable Foundation

Private foundation · Grantmaker Boston, MA EIN: 81-1251751

Bhawan Family Charitable Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $574K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $50K.

Key facts about Bhawan Family Charitable Foundation

In short: Bhawan Family Charitable Foundation gave $11K across 5 grants in 2024 (avg $2K), top state Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
81-1251751
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$11,135
Grants made (2024)
5
Average grant
$2,227
Median grant
$1,000
Total assets
$574,496
Primary geography
Massachusetts (46% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$574K

+22.1% YoY

Annual Giving

$11K

-54.1% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$2K

-35.7% YoY

Under IRS private-foundation payout rules, Bhawan Family Charitable Foundation reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

How Bhawan Family Charitable Foundation gives

  • Giving fell 75% from 2021 to 2024. Method
  • In 2024 it paid out 20% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 5 itemized 2024 grant dollars.

Cities

BostonLexingtonCanoga ParkHoustonSaratogaSomervilleWashingtonAndoverBurlingtonCambridgeDallasOaklandShrewsbury

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K7 grants20207 grants20217 grants20227 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $11K (2024) to $63K (2022). In 2024 it made 5 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Vision-Aid Incorporated: $5KVision-Aid Incorporated$5KEkal Vidyalaya: $5KEkal Vidyalaya$5KAkshaya Patra Foundation USA: $1KAkshaya Patra Foundation USA$1KWinter Walk: $100Winter Walk$100Friends of Public Garden: $35Friends of Public Garden$35

The largest 2024 recipient was Vision-Aid Incorporated ($5K). Together the top 5 received $11K.

Grant Size Distribution

33 grants across all recorded years

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 33 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vision-Aid Incorporated Lexington, MAGeneral Charitable Purpose$5,000
Ekal Vidyalaya Houston, TXGeneral Charitable Purposes$5,000
Akshaya Patra Foundation USA Canoga Park, CAGeneral Charitable Purposes$1,000
Winter Walk Andover, MAGeneral Charitable Purpose$100
Friends of Public Garden Boston, MAGeneral Charitable Purposes$35

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M20202021202220232024
Metric202420232022
Total Assets$574,496$470,467$508,301
Revenue$50,925$12,088$-37,618
Expenses$3,254$1,849$1,461
Qualifying Distributions$11,135$24,250$62,606
Net Investment Income$50,102$7,818$6,108
Distributable Amount$56,247$44,447$40,807

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Bhawan Family Charitable Foundation is led by Jag Bhawan, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jag Bhawan

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Pratibha Bhawan

    Clerk

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Bhawan Family Charitable Foundation

How much does Bhawan Family Charitable Foundation give each year?

Bhawan Family Charitable Foundation gave $11K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $24K across 7 grants.

What is Bhawan Family Charitable Foundation's typical grant size?

Bhawan Family Charitable Foundation's median grant in 2024 was $1,000, and its average grant was $2,227, across 5 grants on its 2024 IRS Form 990-PF.

Where does Bhawan Family Charitable Foundation give grants?

Bhawan Family Charitable Foundation's top state is Massachusetts, with 46% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Texas (45%) and California (9%).

Does Bhawan Family Charitable Foundation give general operating support?

Yes: 100% of Bhawan Family Charitable Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Bhawan Family Charitable Foundation's largest grantees?

Bhawan Family Charitable Foundation's largest 2024 grantees include Vision-Aid Incorporated ($5,000), Ekal Vidyalaya ($5,000) and Akshaya Patra Foundation USA ($1,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.

How large is Bhawan Family Charitable Foundation?

Bhawan Family Charitable Foundation reported $574K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).

What is Bhawan Family Charitable Foundation's EIN?

Bhawan Family Charitable Foundation's EIN (Employer Identification Number) is 81-1251751. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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