The Arun I & Asmita Bhatia Family

NEW YORK, NY EIN: 30-0156517

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

+39.1% YoY

Avg Grant Size

$4K

-44.4% YoY

Under IRS private-foundation payout rules, The Arun I & Asmita Bhatia Family reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New York $529K (78%)

Wisconsin $74K (11%)

Virginia $20K (3%)

Maryland $18K (3%)

District of Columbia $11K (2%)

New Jersey $8K (1%)

Florida $7K (1%)

Illinois $5K (1%)

+6 more states

States

California District of Columbia Florida Georgia Illinois Kentucky Massachusetts Maryland Minnesota New Jersey New York Texas Virginia Wisconsin

Cities

AlbanyArlingtonBaltimoreBoweryBronxBrooklynCartervilleChicagoCold SpringDallasDallasqElmhurstFlushingHagerstownLong BeachMadisonMcleanMerrifieldMiamiMilwaukee

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Aif ($25,000), Players Philanthropy Fund ($15,000), Children's Hope India Inc ($10,000).

Recipient	Purpose	Amount
AIF NEW YORK, NY	SUPPORT CHARITABLE FUNDRAISING EVENT	$25,000
ALZHEIMER'S ASSOCIATION CARTERVILLE, IL	GENERAL PURPOSE	$700
AMERICAN CANCER SOCIETY NEW YORK, NY	GENERAL PURPOSE	$500
CARE MERRIFIELD, VA	GENERAL PURPOSE	$2,500
CENTRAL PARK CONSERVANCY NEW YORK, NY	GENERAL PURPOSE	$1,500
CHILDREN'S AID NEW YORK, NY	GENERAL PURPOSE	$500
CHILDREN'S HOPE INDIA INC SEARINGTOWN, NY	SUPPORT CHARITABLE FUNDRAISING EVENT	$10,000
CHILDREN'S TUMOR FOUNDATION NEW YORK, NY	GENERAL PURPOSE	$1,500
CHRISTIAN HERALD ASSOCIATION NEW YORK, NY	GENERAL PURPOSE	$3,500
CITY MEALS ON WHEELS NEW YORK, NY	GENERAL PURPOSE	$1,000

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Arun I & Asmita Bhatia Family fund?

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.

How do I apply for a grant from The Arun I & Asmita Bhatia Family?

**Grant Activity:** • Made 48 grants in the most recent reporting period • Typical grant awards range from $200 to $40,000 • Recent notable grants include: • $25,000 to The New School (2023 Parsons Benefit) • $25,000 to American Friends of Oseh Chayil (Support Charitable Fundraising Event) • $7,000 to Doctors without Borders USA (General Purpose) **Financial Giving:** • Total giving: $115,475 (2024 reporting) • Total giving: $194,303 in expenses (2023)

Where does The Arun I & Asmita Bhatia Family make grants?

The foundation primarily funds organizations in: • New York • Virginia • Maryland

What size grants does The Arun I & Asmita Bhatia Family award?

In 2024, The Arun I & Asmita Bhatia Family awarded 32 grants totaling $115K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is The Arun I & Asmita Bhatia Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Arun I & Asmita Bhatia Family reported a distributable amount of $150K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Arun I & Asmita Bhatia Family's EIN?

The Arun I & Asmita Bhatia Family's EIN (Employer Identification Number) is 30-0156517. IRS Form 990 filing data is available on this page for 2019–2024.