Bhandara Foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $97K a year · 66% of revenue · last 4 filings
A surplus in 4 of the last 4 filings.
990-PF Pt I · 4 filings
5.0 mo
of spending, in cash
5.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$328K
+601% vs prior year
Spent
$80K
Net assets
$523K
By yearFY2021–FY2024
Revenue
$328K
FY2024▲ +601%
Tap a bar for its year
Revenue by fiscal year
FY2021$60K
FY2022$156K
FY2023$47K
FY2024$328K
Expenses
$80K
FY2024▲ +102%
Tap a bar for its year
Expenses by fiscal year
FY2021$17K
FY2022$67K
FY2023$40K
FY2024$80K
Net assets
$523K
FY2024▲ +97%
Tap a bar for its year
Net assets by fiscal year
FY2021$170K
FY2022$258K
FY2023$265K
FY2024$523K

From the FY2024 Form 990 (year ending November 2024) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 93% · $74K Operating & administrative 7% · $5K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990-PF.

990-PF Part VIII · reportable compensation
$0990-PF Pt VIII
$0990-PF Pt VIII
Secr / Treas
$0990-PF Pt VIII
See Bhandara Foundation executive salaries →

Programs and updates

A private foundation based in Houston, TX.

Questions for Bhandara Foundation

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 12 grants · $74K · 2023–2023
Zoroastrian Assoc of HoustonFY2023$36,699
Nufdi Fund INCMD · FY2023$17,008
Atash Kadeh TempleFY2023$11,797
Star of HopeFY2023$1,008
Etoile Academy Charter SchoolFY2023$1,000
Culture of Health-Advancing TogetheFY2023$500
Westbury High School FoundationFY2023$500
Alief Youth Sports LeagueFY2023$500
Hearthstone HeatwavesTX · FY2023$250
Friends of Namal INCTX · FY2023$101

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV5
Average grantPart XV$6K
Median grantPart XV$1K
Largest grantPart XV$37K
Top cause focusNTEEEducation (8%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$328K
Gifts and grants$281K
Investment income$47K
Money out
$80K
Grants paid$74K
Running costs$5K
Owns and owes
$523K
net assets
Cash and savings$33K
Total assets$523K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$281K
Investment income$47K
Total revenue$328K
Assets in detailEnd of year
Cash and savings together$33K
Total assets$523K
Liabilities$0
Net assets$523K
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Jul 16, 2025 $328K$80K$248K$523K 990 PDF
FY2023Filed with the IRS Aug 6, 2024 $47K$40K$7K$265K 990 PDF
FY2022Filed with the IRS Jul 24, 2023 $156K$67K$88K$258K 990 PDF
FY2021Filed with the IRS Apr 11, 2022 $60K$17K$43K$170K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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