Rita Bhandari Memorial Foundation Inc

BROOKLYN, NY EIN: 13-3462782

Rita Bhandari Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $275.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$117K

-8.2% YoY

Annual Giving

$10K

-50.4% YoY

Grant Count

1

-83.3% YoY

Avg Grant Size

$10K

+197.8% YoY

About Rita Bhandari Memorial Foundation Inc

Based on IRS filings

Rita Bhandari Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $275.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states
+7 more states

Cities

AmericusAtlantaBedford HillsBellevueBrooklynChicagoDarienFt LauderdaleHoustonMemphisMiami GardensMorganvilleNew MilfordNew YorkPhoenixPleasantvilleRestonRockwallSan FranciscoSan Jose

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$23K$34K$46K20202021202220232024
Metric202420232022
Total Assets$117,485$127,930$133,130
Revenue$1,635$15,677$22,035
Expenses$12,080$20,877$41,633
Qualifying Distributions$10,000$20,150$41,300
Net Investment Income$275$15,120$22,035
Distributable Amount$27,264$18,301$21,384

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$21K$31K$41K11 grants202024 grants20217 grants20226 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ARTS LETTER 305 UNITED P…$10K

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RISHI BHANDARIDirector1
AJAY KAPURDirector
MALINI JADEJADirector
ROHIT BHANDARIDirector1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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