Rita and Sunil Bhatia Foundation
Rita and Sunil Bhatia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 8 grants totaling $110K. Net investment income was $126K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
-0.3% YoY
Annual Giving
$110K
+82.5% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$14K
-54.4% YoY
Under IRS private-foundation payout rules, Rita and Sunil Bhatia Foundation reported a distributable amount of $280K for 2024 — the minimum it must pay out in qualifying distributions.
About Rita and Sunil Bhatia Foundation
Based on IRS filings
Rita and Sunil Bhatia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 8 grants totaling $110K. Net investment income was $126K.
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 | $5,078,996 | $5,096,602 | $4,969,451 |
| Revenue | $138,460 | $223,149 | $5,020,480 |
| Expenses | $156,066 | $95,998 | $51,029 |
| Qualifying Distributions | $131,336 | $88,103 | $51,029 |
| Net Investment Income | $126,440 | $221,652 | $10,480 |
| Distributable Amount | $280,158 | $247,465 | $10,027 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bharatiya Vidya Bhavan Usa Inc ($60,000), The Community Foundation of Singapore ($30,000), Foundation for Excellence Inc ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ART FORUM SANTA CLARA, CA | General & Unrestricted | $2,500 |
| BAY AREA DRAMA COMPANY PALO ALTO, CA | General & Unrestricted | $2,500 |
| BHARATIYA VIDYA BHAVAN USA INC NEW YORK, NY | General & Unrestricted | $60,000 |
| CLOUD PLAYHOUSE INC SARATOGA, CA | General & Unrestricted | $2,500 |
| FOUNDATION FOR EXCELLENCE INC SUNNYVALE, CA | General & Unrestricted | $7,000 |
| NARIKA FREMONT, CA | General & Unrestricted | $2,500 |
| REWIRE COMMUNITY DUBLIN, CA | General & Unrestricted | $2,500 |
| THE COMMUNITY FOUNDATION OF SINGAPORE | General & Unrestricted | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anushka Bhatia | Dir, VP | 1 | — |
| Rita Bhatia | Dir, Pres | 1 | — |
| Sunil Bhatia | Dir, Sec, Treas | 1 | — |
| Vivaan Bhatia | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rita and Sunil Bhatia Foundation?
Rita and Sunil Bhatia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $5.1M in total assets as of 2024.
How large is Rita and Sunil Bhatia Foundation?
As of 2024, Rita and Sunil Bhatia Foundation holds $5.1M in total assets with $138K in annual revenue. It awarded 8 grants totaling $110K in 2024.
Where does Rita and Sunil Bhatia Foundation operate?
Rita and Sunil Bhatia Foundation has awarded grants in California, New York.
What size grants does Rita and Sunil Bhatia Foundation award?
In 2024, Rita and Sunil Bhatia Foundation awarded 8 grants totaling $110K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Rita and Sunil Bhatia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rita and Sunil Bhatia Foundation reported a distributable amount of $280K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rita and Sunil Bhatia Foundation's EIN?
Rita and Sunil Bhatia Foundation's EIN (Employer Identification Number) is 88-2201441. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Rita and Sunil Bhatia 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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