Dr Bhorade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMHURST, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $200K in total assets. In 2024, it awarded 2 grants totaling $401K. Net investment income was $289K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$200K
-55.5% YoY
Annual Giving
$401K
+47.7% YoY
Grant Count
2
-92.6% YoY
Avg Grant Size
$200K
+1894.4% YoY
Under IRS private-foundation payout rules, Dr Bhorade Family Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Dr Bhorade Family Foundation
Based on IRS filings
Dr Bhorade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMHURST, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $200K in total assets. In 2024, it awarded 2 grants totaling $401K. Net investment income was $289K.
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 | $199,721 | $448,930 | $601,720 |
| Revenue | $289,237 | $28,879 | $14,229 |
| Expenses | $402,143 | $273,055 | $27,418 |
| Qualifying Distributions | $402,115 | $273,016 | $27,390 |
| Net Investment Income | $289,209 | $28,840 | $11,218 |
| Distributable Amount | $22,270 | $31,642 | $35,744 |
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
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington University in St Louis School of Medicine ($400,000), Ways ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| WASHINGTON UNIVERSITY IN ST LOUIS SCHOOL OF MEDICINE ST LOUIS, MO | FUNDING RESEARCH FOR THE TREATMENT AND CURE OF GLAUCOMA | $400,000 |
| WAYS WEST CHICAGO, IL | FUNDING FOR COMMUNITY SOCIAL PROGRAMS | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARUTI S BHORADE | PRESIDENT | 1 | — |
| SUMAN M BHORADE | VICE PRESIDENT | 1 | — |
| SANGEETA M BHORADE | DIRECTOR | 1 | — |
| RAJEEV M BHORADE | DIRECTOR | 1 | — |
| ANJALI M BHORADE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dr Bhorade Family Foundation?
Dr Bhorade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMHURST, IL. It holds $200K in total assets as of 2024.
How large is Dr Bhorade Family Foundation?
As of 2024, Dr Bhorade Family Foundation holds $200K in total assets with $289K in annual revenue. It awarded 2 grants totaling $401K in 2024.
Where does Dr Bhorade Family Foundation operate?
Dr Bhorade Family Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Iowa, Illinois, Kansas, Kentucky, Massachusetts, Maryland, Minnesota, Missouri, Montana, Nebraska, New York, Ohio, Pennsylvania, South Dakota, Tennessee, Texas, Virginia.
What size grants does Dr Bhorade Family Foundation award?
In 2024, Dr Bhorade Family Foundation awarded 2 grants totaling $401K — an average of about $200K per grant, based on its IRS Form 990 filings.
How much is Dr Bhorade Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Bhorade Family Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dr Bhorade Family Foundation's EIN?
Dr Bhorade Family Foundation's EIN (Employer Identification Number) is 27-3761233. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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