The Arun I & Asmita Bhatia Family
The Arun I and Asmita Bhatia Family Foundation is a private foundation based in New York, NY. Established in 2003, the foundation operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+16.9% YoY
Annual Giving
$115K
-22.6% YoY
Grant Count
32
+39.1% YoY
Avg Grant Size
$4K
-44.4% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Science and STEM education
- Human Services
- Philanthropy and voluntarism
The foundation supports general purpose charitable initiatives and has demonstrated a commitment to educational advancement and community service.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Virginia
- Maryland
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of most recent filings):
- Total assets: $2,826,963 (2024)
- Total assets: $2,419,037 (2023)
- Total revenues: $260,732 (2023)
- Total expenses: $194,303 (2023)
- Investment income and dividends: $93,208 (2023)
- Total grants and contributions received: $150,000 (2023)
Staff:
- The foundation operates with 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,826,963 | $2,419,037 | $2,352,608 |
| Revenue | $558,997 | $260,732 | $141,410 |
| Expenses | $151,071 | $194,303 | $248,875 |
| Qualifying Distributions | $125,746 | $170,960 | $208,412 |
| Net Investment Income | $206,927 | $88,086 | $113,442 |
| Distributable Amount | $149,964 | $133,889 | $136,598 |
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
199 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by Arun I Bhatia and Asmita Bhatia, the namesake founders.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARUN I BHATIA | PRESIDENT | 1 | — |
| ASMITA BHATIA | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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