The Bhagat Parivar Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 33-2036597

The Bhagat Parivar Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $663K in total assets. In 2025, it awarded 4 grants totaling $587K. Net investment income was $99K.

Key facts about The Bhagat Parivar Foundation

In short: The Bhagat Parivar Foundation gave $587K across 4 grants in 2025 (avg $147K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
33-2036597
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$587,452
Grants made (2025)
4
Average grant
$146,863
Median grant
$10,626
Total assets
$663,286
Primary geography
Illinois (96% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$663K

+10.1% YoY

Annual Giving

$587K

Grant Count

4

Avg Grant Size

$147K

Under IRS private-foundation payout rules, The Bhagat Parivar Foundation reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.

How The Bhagat Parivar Foundation gives

  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 4 itemized 2025 grant dollars.

Cities

PlacentiaOrland Park

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants20244 grants2025

In 2025 it made 4 grants totaling $587K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Sardardham USA NFP: $565KSardardham USA NFP$565KSociety for the Advancement of Vedic Culture: $22K across 3 grantsSociety for the Advancement ofVedic Culture$22K · 3 grants

The largest 2025 recipient was Sardardham USA NFP ($565K). Together the top 2 received $587K.

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sardardham USA NFP Orland Park, ILGeneral & Unrestricted$565,100
Society for the Advancement of Vedic Culture Placentia, CAGeneral & Unrestricted$17,252
Society for the Advancement of Vedic Culture Placentia, CAJagannath Program and Temple Special events$4,000
Society for the Advancement of Vedic Culture Placentia, CACharitable Event$1,100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20242025
Metric20252024
Total Assets$663,286$602,693
Revenue$664,964$602,693
Expenses$604,371—
Qualifying Distributions$604,371—
Net Investment Income$99,073—
Distributable Amount$36,721$1,204

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 18, 2026)
  2. IRS filings on file for fiscal year 2024

Leadership & Key People

Officers and directors from IRS filings

The Bhagat Parivar Foundation is led by Bharat Bhagat, Director & President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bharat Bhagat

    Director & President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Hitendra Bhagat

    Treasurer & Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Prakash Bhagat

    Secretary & Director

    On filings since 2024

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Bhagat Parivar Foundation

How much does The Bhagat Parivar Foundation give each year?

The Bhagat Parivar Foundation gave $587K across 4 grants in 2025, according to its 2025 IRS Form 990-PF.

What is The Bhagat Parivar Foundation's typical grant size?

The Bhagat Parivar Foundation's median grant in 2025 was $10,626, and its average grant was $146,863, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Bhagat Parivar Foundation give grants?

The Bhagat Parivar Foundation gives mostly in Illinois: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Placentia, CA (3 grants).

Does The Bhagat Parivar Foundation give general operating support?

Yes: 50% of The Bhagat Parivar Foundation's 2025 grants with a stated purpose (2 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Bhagat Parivar Foundation?

The Bhagat Parivar Foundation reported $663K in total assets on its 2025 IRS Form 990-PF. It paid out $604K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).

What is The Bhagat Parivar Foundation's EIN?

The Bhagat Parivar Foundation's EIN (Employer Identification Number) is 33-2036597. IRS Form 990 filing data is available on this page for 2024–2025.

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

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