Dr Bhorade Family Foundation

Foundation · Grantmaker Elmhurst, IL EIN: 27-3761233

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.

Key facts about Dr Bhorade Family Foundation

In short: Dr Bhorade Family Foundation gave $401K across 2 grants in 2024 (avg $200K), mostly in Missouri. Source: 2024 IRS Form 990-PF.

EIN
27-3761233
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$400,500
Grants made (2024)
2
Average grant
$200,250
Median grant
$200,250
Total assets
$199,721
Primary geography
Missouri (100% 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

$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.

How Dr Bhorade Family Foundation gives

  • Giving grew 1231% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

21states

Share of all 2 itemized 2024 grant dollars.

Cities

ChicagoWashingtonSaint LouisElmhurstBoys TownChamberlainHolidayPhiladelphiaAshlandClarksburgLanhamSarasotaWest ChicagoDallasDowners GroveErlangerJacksonvilleStaffordAddisonAtlanta

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K26 grants201922 grants202024 grants202142 grants202227 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Washington University in St Louis School of Medicine: $400KWashington University in StLouis School of Medicine$400KWays: $500Ways$500

Grant Size Distribution

117 grants across all recorded years

115<$50K$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
WASHINGTON UNIVERSITY IN ST LOUIS SCHOOL OF MEDICINE St Louis, MOFUNDING RESEARCH FOR THE TREATMENT AND CURE OF GLAUCOMA$400,000
WAYS West Chicago, ILFUNDING FOR COMMUNITY SOCIAL PROGRAMS$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K201920202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Dr Bhorade Family Foundation is led by Maruti S. Bhorade, President on filings since 2019; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Maruti S. Bhorade

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anjali M. Bhorade

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rajeev M. Bhorade

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sangeeta M. Bhorade

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Suman M. Bhorade

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Maruti S. Bhorade Maruti S. Bhorade B. (2023) — President

Data from IRS Form 990 filings, 2019–2024. "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 Dr Bhorade Family Foundation

How much does Dr Bhorade Family Foundation give each year?

Dr Bhorade Family Foundation gave $401K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $271K across 27 grants.

How large is Dr Bhorade Family Foundation?

Dr Bhorade Family Foundation reported $200K in total assets on its 2024 IRS Form 990-PF. It paid out $402K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).

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.

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 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.

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

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