Uday & Peggy Bhate Foundation
The Uday & Peggy Bhate Foundation is a private foundation based in Birmingham, Alabama. In 2024, it gave $38,500 through 16 grants to charitable organizations, most of them in Alabama.
Uday & Peggy Bhate Foundation at a glance
In short: Uday & Peggy Bhate Foundation gave $39K across 16 grants in 2024 (avg $2K), mostly in Alabama. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $38,500
- -13.5% vs 2023
- Grants made (2024)
- 16
- +14.3% vs 2023
- Average grant
- $2,406
- -24.3% vs 2023
- Median grant
- $2,000
- Total assets
- $2,384,365
- +75.3% vs 2023
- New grantees (estimate)
- 25% first-time grantees (4 of 16, 2024; small sample)
- Primary geography
- Alabama (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Uday & Peggy Bhate Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 3811 River View Circle, Birmingham, AL 35243
Phone: (205) 591-7062
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Uday & Peggy Bhate Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Children's Hospital of Alabama Foundation ($8K). Together the top 10 received $33K.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 76 grants of 76 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 87% of grant dollars went to recipients in Alabama, 6% to Georgia, 4% to Texas, and 3% to New York.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
Is Uday & Peggy Bhate Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 4 of 16 grantees (25%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $2K; repeat grants $3K. How we count
Medians: $1K first-time, $3K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 38% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2022) to $45K (2023). In 2024 it made 16 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Hospital of Alabama Foundation Birmingham, AL | Donation | $7,500 |
| O'Neal Comprehensive Cancer Center at UAB Birmingham, AL | Donation | $5,000 |
| Samford University Birmingham, AL | Donation | $5,000 |
| Birmingham Zoo Birmingham, AL | Donation | $2,500 |
| Georgia Tech Alumni Association Atlanta, GA | Donation | $2,500 |
| Ronald McDonald House Birmingham, AL | Donation | $2,500 |
| The Greater Birmingham Humane Society Birmingham, AL | Donation | $2,500 |
| Birmingham Museum of Art Birmingham, AL | Donation | $2,500 |
| Jefferson County Education Foundation Birmingham, AL | Donation | $1,500 |
| MD Anderson Cancer Center Houston, TX | Donation | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,384,365 | $1,074,637 | $50,072 | $38,500 | 16 | $38,500 | $358,029 | $100,772 |
| 2023 | $1,359,800 | $181,209 | $47,402 | $44,500 | 14 | $44,500 | $179,479 | $62,838 |
| 2022 | $1,225,993 | $228,783 | $24,719 | $21,250 | 15 | $21,250 | $73,259 | $57,531 |
| 2021 | $1,021,929 | $501,313 | $37,815 | $33,500 | 13 | $33,500 | $60,867 | $33,500 |
| 2020 | $558,431 | $23,498 | $25,751 | $25,300 | 18 | — | $19,376 | $25,000 |
Under IRS private-foundation payout rules, Uday & Peggy Bhate Foundation reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations including a hospital foundation, a cancer center, a university, a zoo, an alumni association, an arts museum, an education foundation, and a food bank.
The grantees describe their own missions in varied terms. Samford University says it seeks to develop students’ intellect, creativity, faith, and personhood, while fostering academic, career, and ethical competency and encouraging social responsibility and service. Birmingham Zoo says its purpose includes educating visitors, conducting conservation programs and research, and sponsoring community education. Georgia Tech Alumni Association says it serves alumni and the Institute through programming and engagement that foster lifelong relationships and philanthropic support.
Grantmaking
In 2024, the foundation reported 16 grants totaling $38,500. Grant amounts ranged from $500 to $7,500, with a median of $2,000.
Among its larger 2024 grants were $7,500 to Children’s Hospital of Alabama Foundation; $5,000 each to O’Neal Comprehensive Cancer Center at UAB and Samford University; and $2,500 each to Birmingham Zoo, Georgia Tech Alumni Association, Ronald McDonald House, The Greater Birmingham Humane Society, and Birmingham Museum of Art.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Uday Bhate, Peggy Bhate, and Jayesh Bhate as directors.
Uday & Peggy Bhate Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jayesh Bhate
Director
On filings since 2020
No compensation reported
Peggy Bhate
Director
On filings since 2020
No compensation reported
Uday Bhate
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 Uday & Peggy Bhate Foundation
How much does Uday & Peggy Bhate Foundation give each year?
Uday & Peggy Bhate Foundation gave $39K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $45K across 14 grants.
What is Uday & Peggy Bhate Foundation's typical grant size?
Uday & Peggy Bhate Foundation's median grant in 2024 was $2,000, and its average grant was $2,406, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Uday & Peggy Bhate Foundation that year got $2K on average.
Where does Uday & Peggy Bhate Foundation give grants?
Uday & Peggy Bhate Foundation gives mostly in Alabama: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (6%). The most frequent recipient cities were Birmingham, AL (12 grants).
Does Uday & Peggy Bhate Foundation give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on Uday & Peggy Bhate Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (16 grants).
Who are Uday & Peggy Bhate Foundation's largest grantees?
Uday & Peggy Bhate Foundation's largest 2024 grantees include Children's Hospital of Alabama Foundation ($7,500), O'Neal Comprehensive Cancer Center at UAB ($5,000) and Samford University ($5,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Uday & Peggy Bhate Foundation?
Uday & Peggy Bhate Foundation reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Uday & Peggy Bhate Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations including a hospital foundation, a cancer center, a university, a zoo, an alumni association, an arts museum, an education foundation, and a food bank. See mission & focus areas ↑
How do I apply for a grant from Uday & Peggy Bhate Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Uday & Peggy Bhate Foundation's EIN?
Uday & Peggy Bhate Foundation's EIN (Employer Identification Number) is 46-4384744. IRS Form 990 filing data is available on this page for 2020–2024.
Does Uday & Peggy Bhate Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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