Bhutada Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 18 grants totaling $1.3M. Net investment income was $145K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
+93.6% YoY
Annual Giving
$1.3M
+101.2% YoY
Grant Count
18
+38.5% YoY
Avg Grant Size
$73K
+45.3% YoY
Under IRS private-foundation payout rules, Bhutada Family Foundation reported a distributable amount of $213K for 2024 — the minimum it must pay out in qualifying distributions.
About Bhutada Family Foundation
Based on IRS filings
Bhutada Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 18 grants totaling $1.3M. Net investment income was $145K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,176,516 | $4,738,832 | $2,284,221 |
| Revenue | $5,760,231 | $3,112,872 | $176,000 |
| Expenses | $1,322,547 | $658,261 | $246,497 |
| Qualifying Distributions | $1,320,911 | $657,102 | $244,001 |
| Net Investment Income | $145,047 | $74,896 | $176,000 |
| Distributable Amount | $212,565 | $155,710 | $112,313 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Texas Hindu Campsite ($912,211), Hindu University of America ($102,000), Vivekanand Yoga University ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Vivekanand Yoga University Norwalk, CA | General support | $100,000 |
| Vedic Friends Association Stone Mountain, GA | General support | $5,000 |
| Ved Vignan Mahavidyapeeth Neshua, NH | General support | $10,000 |
| Udavam Karangal of USA Bedford, MA | General support | $1,500 |
| Texas Hindu Campsite Columbus, TX | General support | $912,211 |
| Texas Gaushala Waller, TX | General support | $25,000 |
| Svyasa Houston, TX | General support | $3,000 |
| SMAP Foundation Cerritos, CA | General support | $1,000 |
| Sew Intl USA - Swasthram Houston, TX | General support | $69,000 |
| Sanatan Hindu Center Sugar Land, TX | General support | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ramesh Bhutada | President | 1 | — |
| Rishi Bhutada | Secretary | 1 | — |
| Kiran Bhutada | Vice Pres. | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bhutada Family Foundation?
Bhutada Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $9.2M in total assets as of 2024.
How large is Bhutada Family Foundation?
As of 2024, Bhutada Family Foundation holds $9.2M in total assets with $5.8M in annual revenue. It awarded 18 grants totaling $1.3M in 2024.
Where does Bhutada Family Foundation operate?
Bhutada Family Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Texas, Virginia, Washington.
What size grants does Bhutada Family Foundation award?
In 2024, Bhutada Family Foundation awarded 18 grants totaling $1.3M — an average of about $73K per grant, based on its IRS Form 990 filings.
How much is Bhutada Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bhutada Family Foundation reported a distributable amount of $213K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bhutada Family Foundation's EIN?
Bhutada Family Foundation's EIN (Employer Identification Number) is 20-2051596. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bhutada Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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