The Ramesh and Kalpana Bhatia Family
https://N/A(3 yrs)
About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,908,150. This amount represents 25% or more of the Foundation's net assets of $10,353,059 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $10.8M | $250K | N/A |
| 2020 | N/A | $15.4M | $9.1M | N/A |
| 2022 | $3.6M | $13.2M | $2.9M | 44 |
| 2023 | $6.8M | $10.4M | $3.6M | 27 |
| 2024 | $2.9M | $8.0M | $789K | 52 |
Grant Size Distribution
Based on 123 grants on record
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Anita Bhatia | Dir, Pres | $80K |
| Niraj Bhatia | Dir | $34K |
| Ramesh Bhatia | Dir | — |
| Kalpana Bhatia | Dir | — |
Grants Awarded (123 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC | SILVER SPRING, MD | $2,300,000 | Anya's Accelerator Transforming TAND Translational Research | 2023 |
| THE FRIENDSHIP FOUNDATION | REDONDO BEACH, CA | $2,000,000 | Bhatia College for Professional Development | 2022 |
| CORNERSTONE HOUSING FOR ADULTS WITH DISABILITIES | NORTH HOLLYWOOD, CA | $2,000,000 | Landmark Naming Gift | 2023 |
| CORNERSTONE HOUSING FOR ADULTS WITH DISABILITIES | N HOLLYWOOD, CA | $1,500,000 | Landmark Naming Gift | 2024 |
| THE FRIENDSHIP FOUNDATION | REDONDO BEACH, CA | $1,500,000 | Bhatia College for Professional Development | 2023 |
| SAKHI FOR SOUTH ASIAN SURVIVORS INC | NEW YORK, NY | $300,000 | The Ramesh and Kalpana Bhatia Family Foundation's South Asian Safe Families Initiative | 2023 |
| SAKHI FOR SOUTH ASIAN SURVIVORS INC | NEW YORK, NY | $300,000 | The Ramesh and Kalpana Bhatia Family Foundation's South Asian Safe Families Initiative | 2024 |
| NEXT FOR AUTISM INC | NEW YORK, NY | $300,000 | NEXT CONNECTS & DEI Expansion, NEXT COLLABORATES, and National Neurodiverse Hiring and Employment Survey; Reporting | 2024 |
| SAKHI FOR SOUTH ASIAN WOMEN | NEW YORK, NY | $300,000 | South Asian Safe Families Initiative | 2022 |
| SOCIAL GOOD FUND INC | RICHMOND, CA | $250,000 | SOUTH ASIAN SOAR program | 2022 |
| SOCIAL GOOD FUND INC | RICHMOND, CA | $250,000 | South Asian SOAR | 2023 |
| ABILITY CONNECTION TEXAS | IRVING, TX | $250,000 | Expansion of Meaningful Day Services | 2023 |
| SOCIAL GOOD FUND INC | RICHMOND, CA | $250,000 | Funds to be used for South Asian SOAR | 2024 |
| NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC | SILVER SPRING, MD | $200,000 | Anya's Accelerator Transforming TAND Translational Research | 2022 |
| NEXT FOR AUTISM INC | NEW YORK, NY | $200,000 | Support of NEXT Connects and NEXT for DEI | 2022 |
| COMMUNITIES FOUNDATION OF TEXAS | DALLAS, TX | $150,000 | North Texas Giving Day Sponsor | 2024 |
| COMMUNITIES FOUNDATION OF TEXAS | DALLAS, TX | $100,000 | North Texas Giving Day | 2022 |
| FACE AFRICA | CAMBRIDGE, MA | $100,000 | General & Unrestricted | 2022 |
| CHARITY GLOBAL INC - CHARITY WATER | HAGERSTOWN, MD | $100,000 | General & Unrestricted | 2022 |
| WOMEN MAKE MOVIES INC | NEW YORK, NY | $100,000 | General & Unrestricted | 2023 |
| NEXT FOR AUTISM INC | NEW YORK, NY | $75,000 | NEXT Gen Connect and NEXT for DEI - Disability Inclusion in the Workplace Initiatives | 2022 |
| SOUTH ASIAN COUNCIL FOR SOCIAL SERV ICES INC | FLUSHING, NY | $50,000 | General & Unrestricted | 2022 |
| WATER UNDERGROUND | LONG BEACH, CA | $48,000 | Solar Powered Water Distribution System; Sanitation Centers completed in 2 different communities; Internal Water... | 2024 |
| INDIANS FOR COLLECTIVE ACTION | SUNNYVALE, CA | $40,000 | Latika Vihar Support | 2022 |
| MY POSSIBILITIES | PLANO, TX | $30,000 | Employment Innovations School | 2024 |