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THE ARUN I & ASMITA BHATIA FAMILY FOUNDATION
NEW YORK, NY · EIN 300156517 · Form 990PF · FY2023 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$559K
expenses
$36K
net assets
$2.8M
employees
—
profile · synthesized from sources

The Arun I & Asmita Bhatai Family Foundation is a private foundation based in New York that supports charitable organizations through grants. It funds a range of causes including education, global health, and humanitarian aid, primarily by making contributions to other nonprofits for general purposes or specific fundraising events. The foundation does not appear to run direct programs.

named programs · 2 · from sources

What they call their work

Charitable Fundraising Support
Provides financial support to organizations hosting charitable fundraising events, including AIF and Children's Hope India Inc.
General Purpose Grantmaking
Issues unrestricted grants to nonprofits such as Players Philanthropy Fund, Horace Mann School, and UNICEF for general operations or designated initiatives.
activities · 4 groups

What they do

  • Charity Event Organization 1 activity
    • Funding charitable fundraising events
      Funds charitable fundraising events as part of its grantmaking activities.
  • General Operating Support Grants 1 activity
    • Funding general-purpose charitable operations
      Provides general-purpose grants to support the ongoing operations of charitable organizations.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding graduate scholarships via the Graaskamp Center
      Awards grants to support graduate scholarships administered through the Graaskamp Center at the University of Wisconsin Foundation.
  • Community Foundation & United Way Support 1 activity
    • Supporting real estate industry-related philanthropy
      Finances philanthropic initiatives related to the real estate industry through targeted grants.
financials · form 990PF · fy2023
revenue
Total revenue$559K
Contributions & grants$405K72%
Program service revenue——
Investment income$114K20%
Other revenue$41K
expenses
Total expenses$36K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$115K
balance sheet
Total assets$2.83M
Cash—
Investments—
Liabilities—
Net assets$2.83M
5 years on record · 2019–2023 · YoY revenue +114.4%
relationships · 12

Who they work with

  • AIF Partner — Recipient of a grant to support a charitable fundraising event.
  • B&O RAILROAD MUSEUM Partner — Recipient of a general-purpose grant.
  • CHILDREN'S HOPE INDIA INC Partner — Recipient of a grant to support a charitable fundraising event.
  • CHRISTIAN HERALD ASSOCIATION Partner — Recipient of a general-purpose grant.
  • COLUMBIA BUSINESS SCHOOL Partner — Recipient of a grant for the Real Estate Circle.
  • DOCTORS WITHOUT BORDERS Partner — Recipient of a general-purpose grant.
  • HORACE MANN SCHOOL Partner — Recipient of a general-purpose grant.
  • JUSTIN W GOODHUE MEMORIAL FUND Partner — Recipient of a general-purpose grant.
  • NEHA K RAJPAL FOUNDATION Partner — Recipient of a general-purpose grant.
  • PLAYERS PHILANTHROPY FUND Partner — Recipient of a general-purpose grant.
  • UNICEF Partner — Recipient of a general-purpose grant.
  • UNIVERSITY OF WISCONSIN FOUNDATION Partner — Recipient of a grant for the Graaskamp Center Graduate Scholarship Fund.