Bonfare Markets Charitable Foundation

MILPITAS, CA EIN: 03-0511948

AID GENERAL MEMBERS OF PUBLIC. TO HELP GENERAL MEMBERS OF PUBLIC BY GIVING CHARITABLE DONATION, THIS ORGANIZATION ARRANGES ANNUAL GOLF TOURNAMENT ASKING DONATION FOR CHARITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$158K

-69.9% YoY

Annual Giving

$543K

+661.0% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$78K

+661.0% YoY

About Bonfare Markets Charitable Foundation

Based on IRS filings

Bonfare Markets Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MILPITAS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $158K in total assets. In 2024, it awarded 7 grants totaling $543K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlvisoBelmontFremontRedwood ValleyRenoSan CarlosSan FranciscoSan JoseSan RamonSunnyvaleUnion City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$150K$299K$449K$598K20202021202220232024
Metric202420232022
Total Assets$158,021$525,031$398,166
Revenue$177,045$344,653$463,974
Expenses$544,055$217,788$197,781
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$136K$271K$407K$543K0 grants20203 grants20213 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

KHUSHII USA$400KSIKH GURDWARA SAN JOSE$105KDHUNANAND FOUNDATION$20K360 PLUS FOUNDATION$8KSIKH SPORTS ASSOCIATION …$5KKHALSA YOUTH SPORTS CLUB…$3KNOTRE DAME HIGH SCHOOL$3K

Grant Size Distribution

20 grants across all recorded years

15<$50K2$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Khushii Usa ($400,000), Sikh Gurdwara San Jose ($105,000), Dhunanand Foundation ($20,000).

RecipientPurposeAmount
KHALSA YOUTH SPORTS CLUB BAY AREA UNION CITY, CA$2,500
SIKH SPORTS ASSOCIATION OF USA FREMONT, CA$5,000
SIKH GURDWARA SAN JOSE SAN JOSE, CA$105,000
NOTRE DAME HIGH SCHOOL SAN JOSE, CA$2,500
KHUSHII USA SAN JOSE, CA$400,000
360 PLUS FOUNDATION REDWOOD VALLEY, CA$7,750
DHUNANAND FOUNDATION SAN RAMON, CA$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAGJEET S KAPOORTRUSTEEDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bonfare Markets Charitable Foundation?

Bonfare Markets Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MILPITAS, CA. It holds $158K in total assets as of 2024.

How large is Bonfare Markets Charitable Foundation?

As of 2024, Bonfare Markets Charitable Foundation holds $158K in total assets with $177K in annual revenue. It awarded 7 grants totaling $543K in 2024.

Where does Bonfare Markets Charitable Foundation operate?

Bonfare Markets Charitable Foundation has awarded grants in California, Nevada.

What size grants does Bonfare Markets Charitable Foundation award?

In 2024, Bonfare Markets Charitable Foundation awarded 7 grants totaling $543K — an average of about $78K per grant, based on its IRS Form 990 filings.

What is Bonfare Markets Charitable Foundation's EIN?

Bonfare Markets Charitable Foundation's EIN (Employer Identification Number) is 03-0511948. IRS Form 990 filing data is available on this page for 2020–2024.

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

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