Rupa and Bharat B Bhatt Foundation
Rupa and Bharat B Bhatt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 29 grants totaling $209K. Net investment income was $184K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-1.7% YoY
Annual Giving
$209K
+10.3% YoY
Grant Count
29
+11.5% YoY
Avg Grant Size
$7K
-1.2% YoY
Under IRS private-foundation payout rules, Rupa and Bharat B Bhatt Foundation reported a distributable amount of $199K for 2024 — the minimum it must pay out in qualifying distributions.
About Rupa and Bharat B Bhatt Foundation
Based on IRS filings
Rupa and Bharat B Bhatt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 29 grants totaling $209K. Net investment income was $184K.
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 | $4,022,072 | $4,091,984 | $4,303,666 |
| Revenue | $171,740 | $2,386 | $601,000 |
| Expenses | $241,536 | $214,006 | $27,185 |
| Qualifying Distributions | $216,742 | $192,528 | $10,063 |
| Net Investment Income | $184,026 | $162,471 | $587,291 |
| Distributable Amount | $199,138 | $193,677 | $202,044 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baps Charities Inc ($11,000), Americans for Immigrant Justice ($10,000), Celiac Disease Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC WEST PALM BEACH, FL | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $5,000 |
| THE WINSOR SCHOOL BOSTON, MA | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $1,500 |
| AMERICANS FOR IMMIGRANT JUSTICE MIAMI, FL | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| CELIAC DISEASE FOUNDATION WOODLAND HILLS, CA | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| CONNECTIONS EDUCATION CENTER WEST PALM BEACH, FL | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $1,000 |
| NATIONAL CELIAC ASSOCIATION NEEDHAM, MA | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| FEEDING AMERICA CHICAGO, IL | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| GREATER BOSTON FOOD BANK BOSTON, MA | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| FEEDING SOUTH FLORIDA PEMBROKE PARK, FL | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
| THE SECOND STEP NEWTONVILLE, MA | TO SUPPORT CHARITABLE RELATED ACTIVITIES. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUPA B BHATT | PRESIDENT | — | — |
| BHARAT B BHATT | VICE PRESIDENT | — | — |
| AMI B BHATT | VICE PRESIDENT | — | — |
| SWAPNIL MANIAR | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rupa and Bharat B Bhatt Foundation?
Rupa and Bharat B Bhatt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $4.0M in total assets as of 2024.
How large is Rupa and Bharat B Bhatt Foundation?
As of 2024, Rupa and Bharat B Bhatt Foundation holds $4.0M in total assets with $172K in annual revenue. It awarded 29 grants totaling $209K in 2024.
Where does Rupa and Bharat B Bhatt Foundation operate?
Rupa and Bharat B Bhatt Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Maryland, New Jersey, New York, Texas, Virginia, Vermont.
What size grants does Rupa and Bharat B Bhatt Foundation award?
In 2024, Rupa and Bharat B Bhatt Foundation awarded 29 grants totaling $209K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Rupa and Bharat B Bhatt Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rupa and Bharat B Bhatt Foundation reported a distributable amount of $199K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rupa and Bharat B Bhatt Foundation's EIN?
Rupa and Bharat B Bhatt Foundation's EIN (Employer Identification Number) is 20-1684464. 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.