The Ross R and Candy L Bhappu Family Foundation

Private foundation · Grantmaker Englewood, CO EIN: 45-3988249

The Ross R and Candy L Bhappu Family Foundation is a private foundation, based in Englewood, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 6 grants totaling $33K. Net investment income was $48K.

Key facts about The Ross R and Candy L Bhappu Family Foundation

In short: The Ross R and Candy L Bhappu Family Foundation gave $33K across 6 grants in 2024 (avg $6K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
45-3988249
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$33,176
Grants made (2024)
6
Average grant
$5,529
Median grant
$1,750
Total assets
$349,600
Primary geography
Illinois (55% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$350K

+2.1% YoY

Annual Giving

$33K

-6.1% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$6K

-6.1% YoY

Under IRS private-foundation payout rules, The Ross R and Candy L Bhappu Family Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

How The Ross R and Candy L Bhappu Family Foundation gives

  • Giving grew 125% from 2021 to 2024. Method
  • In 2024 it paid out 202% of 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

7states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

DenverMemphisNew YorkAlexandriaCastle RockCentennialGlenviewGreenwood VillageAuroraDallasEnglewoodLakewoodUtica

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K10 grants2020 7 grants2021 7 grants2022 6 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2021) to $35K (2023). In 2024 it made 6 grants totaling $33K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Evans Scholars Foundation: $18KEvans Scholars Foundation$18KJack A Vickers Prostate Cancer Fund: $10KJack A Vickers Prostate CancerFund$10KSalvation Army: $3KSalvation Army$3KFood Bank of the Rockies: $1KFood Bank of the Rockies$1KSt Jude Childrens Research Hospital: $1KSt Jude Childrens ResearchHospital$1KSPCA International: $500SPCA International$500

The largest 2024 recipient was Evans Scholars Foundation ($18K). Together the top 6 received $33K.

Grant Size Distribution

36 grants across all recorded years

36<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 36 grants of 36 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Evans Scholars Foundation Glenview, ILScholarships$18,176
Jack A Vickers Prostate Cancer Fund Castle Rock, COProstate Cancer Education$10,000
Salvation Army Alexandria, VAprogram support$2,500
Food Bank of the Rockies Denver, COFeeding the disadvantaged$1,000
St Jude Childrens Research Hospital Memphis, NEprogram support$1,000
SPCA International New York, NYTo advance the safety and well-being of animals$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$349,600$342,519$362,969
Revenue$53,588$20,869$11,590
Expenses$46,094$39,310$31,551
Qualifying Distributions$39,620$35,461$22,600
Net Investment Income$47,643$17,135$8,285
Distributable Amount$19,617$19,307$21,073

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ross R and Candy L Bhappu Family Foundation is led by Ross R Bhappu, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ross R Bhappu

    Director & President

    On filings since 2020

    No compensation reported

  • Candy L Bhappu

    Director & Vice President

    On filings since 2020

    No compensation reported

  • Elizabeth M Bhappu

    Director

    On filings since 2020

    No compensation reported

  • Katherine L Bhappu

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Ross R and Candy L Bhappu Family Foundation

How much does The Ross R and Candy L Bhappu Family Foundation give each year?

The Ross R and Candy L Bhappu Family Foundation gave $33K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 6 grants.

What is The Ross R and Candy L Bhappu Family Foundation's typical grant size?

The Ross R and Candy L Bhappu Family Foundation's median grant in 2024 was $1,750, and its average grant was $5,529, across 6 grants on its 2024 IRS Form 990-PF.

Where does The Ross R and Candy L Bhappu Family Foundation give grants?

The Ross R and Candy L Bhappu Family Foundation gives mostly in Illinois: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Colorado (33%) and Virginia (8%).

Does The Ross R and Candy L Bhappu Family Foundation give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on The Ross R and Candy L Bhappu Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are The Ross R and Candy L Bhappu Family Foundation's largest grantees?

The Ross R and Candy L Bhappu Family Foundation's largest 2024 grantees include Evans Scholars Foundation ($18,176), Jack A Vickers Prostate Cancer Fund ($10,000) and Salvation Army ($2,500), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How large is The Ross R and Candy L Bhappu Family Foundation?

The Ross R and Candy L Bhappu Family Foundation reported $350K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

What is The Ross R and Candy L Bhappu Family Foundation's EIN?

The Ross R and Candy L Bhappu Family Foundation's EIN (Employer Identification Number) is 45-3988249. IRS Form 990 filing data is available on this page for 2020–2024.

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

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