2025-11-14T10:54:42-06:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 205345499 The Ramesh and Kalpana Bhatia Family Foundation % Foundation Source RAME 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Anita Bhatia President 8008391754 2025-11-04 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 7964259 X 0 X 17239 17239 248444 248445 522105 4688308 592330 1140 1140 788928 859154 114146 114146 172409 172409 103998 103998 115919 33906 82013 12783 21177 21177 2657 2657 52481 56 52425 595570 33962 548825 2908150 2908150 3503720 33962 3456975 -2714792 825192 0 395905 569835 569835 2419 2419 2419 5779803 3665262 4434029 3795193 3023017 2957976 9970901 7260533 7964259 6137 19081 6137 19081 X 9964764 7241452 9964764 7241452 9970901 7260533 9964764 -2714792 -8520 7241452 7241452 Publicly-traded Securities 4688308 4095978 592330 592330 592330 11470 11470 11470 9868 0 1900 11768 X 0 298 298 false false false false false false true true true TX true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false Anita Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 20.0 80000 13518 0 Niraj Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 15.0 34146 13518 0 Ramesh Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 5.0 0 0 0 Erin Kane 507 Hill Street Apartment 4 Santa Monica CA 90405 0 10.0 69708 Dan Burks 1012 Michigan Avenue Santa Monica CA 90404 0 10.0 55000 Mandi Blue 5841 Sunfield Avenue Lakewood CA 90712 Philanthropic 60000 8491152 667961 0 9159113 0 9159113 137387 9021726 451086 451086 11470 11470 439616 439616 439616 3456975 0 0 0 0 3456975 439616 135580 4735496 4791355 3309275 6815017 19786723 3456975 439616 3017359 22804082 0 135580 22668502 4735496 4791355 3309275 6815017 3017359 Niraj Bhatia Ramesh Bhatia X ABILITY CONNECTION TEXAS 7880 BENT BRANCH DR STE 150 IRVING TX 75063 N/A PC Purchase of wheelchair van 25000 ABILITY CONNECTION TEXAS 7880 BENT BRANCH DR STE 150 IRVING TX 75063 N/A PC Gift for Anya's House - Patio Furniture 1500 COMMUNITIES FOUNDATION OF TEXAS 5500 CARUTH HAVEN LN DALLAS TX 75225 N/A PC North Texas Giving Day Sponsor 150000 CORNERSTONE HOUSING FOR ADULTS WITH DISABILITIES 13034 SATICOY ST N HOLLYWOOD CA 91605 N/A PC Landmark Naming Gift 1500000 CT3 FOUNDATION 101 W MAIN ST STE 101 NORFOLK VA 23510 N/A PC Charitable Event 3000 DALLAS INDIAN LIONS CLUB CHARITIES INC 6220 CHASE OAKS BLVD STE PLANO TX 75023 N/A PC General & Unrestricted 10000 DANCE DOWNTOWN LA INC 8605 SANTA MONICA BLVD 18123 LOS ANGELES CA 90069 N/A PC Charitable Event 3000 DORSEYS HOUSE DBA DORSEYS HOUSE ADULT DAY CENTER 5415 E LANCASTER AVE FORT WORTH TX 76112 N/A PC General & Unrestricted 5000 ED ASNER FAMILY CENTER 16340 ROSCOE BLVD VAN NUYS CA 91406 N/A PC Charitable Event 2500 EDWARD CHARLES FOUNDATION 269 S BEVERLY DR STE 338 BEVERLY HILLS CA 90212 N/A PC Charitable Event 10000 FREE 2 BE ME DANCE 4140 GLENCOE AVE MARINA DEL REY CA 90292 N/A PC General & Unrestricted 1000 FUREVER NEVADA FOUNDATION 7380 S EASTERN AVE 124 BOX 255 LAS VEGAS NV 89123 N/A PC General & Unrestricted 2500 GIRLS WHO CODE INC PO BOX 23244 NEW YORK NY 10087 N/A PC General & Unrestricted 1000 GOLD HOUSE FOUNDATION INC 440 N BARRANCA AVE 5118 COVINA CA 91723 N/A PC Fiscal Sponsorship For 1497 Organization 10000 GX3 FOUNDATION 8992 PRESTON RD 110-113 FRISCO TX 75034 N/A PC Thanksgiving Program 6000 JIVA MENTAL HEALTH 3255 SAWTELLE BLVD APT 101 LOS ANGELES CA 90066 N/A PC Charitable Event 5000 JOHN TRACY CLINIC 2160 W ADAMS BLVD LOS ANGELES CA 90018 N/A PC General & Unrestricted 1000 MARINE MAMMAL CARE CENTER LOS ANGELES 3601 S GAFFEY ST 8 SAN PEDRO CA 90731 N/A PC General & Unrestricted 1000 MH BOXES 2719 GOYNE TER CHESTER VA 23831 N/A PC General & Unrestricted 1000 MY POSSIBILITIES 3601 MAPLESHADE LN PLANO TX 75075 N/A PC Employment Innovations School 30000 MYCHALS LEARNING PLACE 4901 W ROSECRANS AVE HAWTHORNE CA 90250 N/A PC For the purchase, renovation, and creation of Mychal's Caf 25000 MYCHALS LEARNING PLACE 4901 W ROSECRANS AVE HAWTHORNE CA 90250 N/A PC General & Unrestricted 11000 NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC 801 ROEDER RD STE 750 SILVER SPRING MD 20910 N/A PC Comedy For A Cure - Fund A Cure 10000 NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC 801 ROEDER RD STE 750 SILVER SPRING MD 20910 N/A PC Charitable Event 25000 NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC 801 ROEDER RD STE 750 SILVER SPRING MD 20910 N/A PC Charitable Event 13000 NEXT FOR AUTISM INC 1177 AVE OF THE AMERICAS 5TH FL NEW YORK NY 10036 N/A PC Charitable Event 18000 NEXT FOR AUTISM INC 1177 AVE OF THE AMERICAS 5TH FL NEW YORK NY 10036 N/A PC NEXT CONNECTS & DEI Expansion, NEXT COLLABORATES, and National Neurodiverse Hiring and Employment Survey; Reporting 300000 NURTURING CHANGE PO BOX 81026 AUSTIN TX 78708 N/A PC General & Unrestricted 15000 OUR BIG KITCHEN LOS ANGELES 8657 W PICO BLVD LOS ANGELES CA 90035 N/A PC General & Unrestricted 1000 PATHFINDER INTERNATIONAL 1015 15TH ST NW STE 1100 WASHINGTON DC 20005 N/A PC Promoting Choice In Bihar: Youth Voices for Agency and Access 20000 SAAHAS FOR CAUSE 13337 S ST CERRITOS CA 90703 N/A PC Charitable Event 2500 SAFE PLACE FOR YOUTH INC 578 WASHINGTON BLVD MARINA DL REY CA 90292 N/A PC General & Unrestricted 1000 SAKHI FOR SOUTH ASIAN SURVIVORS INC PO BOX 1333 NEW YORK NY 10008 N/A PC The Ramesh and Kalpana Bhatia Family Foundation's South Asian Safe Families Initiative 300000 SANTA MONICA EDUCATION FOUNDATION 1717 4TH ST STE 132 SANTA MONICA CA 90401 N/A PC January Match 5000 SEVA DANCE COMPANY 20909 W 96TH TER LENEXA KS 66220 N/A PC Charitable Event 2500 SHOES THAT FIT 150 W 1ST ST STE 170 CLAREMONT CA 91711 N/A PC General & Unrestricted 2000 SKECHERS FOUNDATION 228 MANHATTAN BEACH BLVD MANHATTAN BEACH CA 90266 N/A PC Charitable Event 5000 SOCIAL GOOD FUND INC PO BOX 5473 RICHMOND CA 94805 N/A PC Funds to be used for South Asian SOAR 250000 SOLES4SOULS 319 MARTINGALE DR OLD HICKORY TN 37138 N/A PC General & Unrestricted 1000 SOWING SEEDS FOR LIFE 1350 ARROW HWY LA VERNE CA 91750 N/A PC General & Unrestricted 750 STRAIGHT UP ABILITIES INC 20 BROOKS AVE APT 105 VENICE CA 90291 N/A PC Charitable Event 2400 STRAIGHT UP ABILITIES INC 20 BROOKS AVE APT 105 VENICE CA 90291 N/A PC Website & Social Media Platforms 8500 STRAIGHT UP ABILITIES INC 20 BROOKS AVE APT 105 VENICE CA 90291 N/A PC General & Unrestricted 1000 THE COLLEAGUES 3312 PICO BLVD SANTA MONICA CA 90405 N/A PC Charitable Event 17000 THE COLLEAGUES 3312 PICO BLVD SANTA MONICA CA 90405 N/A PC Charitable Event 2000 THE FRIENDSHIP FOUNDATION 2108 VAIL AVE REDONDO BEACH CA 90278 N/A PC Summer Camp 5000 THE LOS ANGELES DODGERS FOUNDATION 1000 VIN SCULLY AVE LOS ANGELES CA 90012 N/A PC Charitable Event 25000 TO BE LIKE ME PO BOX 600101 DALLAS TX 75360 N/A PC General & Unrestricted 11000 TOGETHER WE RISE CORPORATION 560 W LAMBERT RD BREA CA 92821 N/A PC Foster Care Awareness Month Match 10000 TOGETHER WE RISE CORPORATION 560 W LAMBERT RD BREA CA 92821 N/A PC General & Unrestricted 1000 UPWARD BOUND HOUSE 1104 WASHINGTON AVE SANTA MONICA CA 90403 N/A PC General & Unrestricted 1000 WATER UNDERGROUND 3080 ARLOTTE AVE LONG BEACH CA 90808 N/A PC Solar Powered Water Distribution System; Sanitation Centers completed in 2 different communities; Internal Water Underground Support 48000 2908150 14 17239 14 248444 18 522105 CLASS ACTION LAWSUIT PROCEEDS 01 1140 788928 788928 false false false false false false false false false false AIRCASTLE LTD - 4.250% - 06/15 123498 120450 AMERICAN TOWER CORP - 3.550% - 48171 48463 ANTHEM INC NOTE - 2.250% - 05/ 72597 72120 ANTHEM INC NOTE - 4.101% - 03/ 36835 36183 AT&T INC - 1.650% - 02/01/2028 84586 87291 BANK AMER CORP - 3.559% - 04/2 120146 120053 BOEING CO - 5.040% - 05/01/202 110909 102245 BP CAP MKTS - 3.017% - 01/16/2 975 969 BP CAP MKTS AMER INC - 0.000% 89228 88848 CAPITAL ONE FINL CORP NOTE - 5 17835 18124 CIGNA CORP NEW SER C NOTE - 3. 125218 119596 CITIGROUP INC - 3.200% - 10/21 129798 120610 COREBRIDGE FINL INC - 3.850% - 13095 13374 CROWN CASTLE INTL CORP - 4.450 32450 30887 DISCOVER FINL SVCS NOTE - 4.50 123137 120491 DISNEY WALT CO NOTE - 2.200% - 100571 98052 EBAY INC - 1.900% - 03/11/2025 131015 129227 EDISON CO - 5.850% - 11/01/202 1018 1028 ENTERGY LA LLC - 3.250% - 04/0 1828 1901 EQUITABLE HLDGS INC SER B NOTE 99265 97979 ESSEX PORTFOLIO L P - 3.625% - 96896 89650 FIFTH THIRD BANCORP NOTE CALL 6043 6205 GENERAL MTRS FINL COINC NOTE - 63524 63259 GLOBAL PAYMENTS INC - 3.200% - 1843 1833 GLOBAL PAYMENTS INC NOTE - 2.6 110326 115637 GOLDMAN SACHS - 3.691% - 06/05 24931 25257 GOLDMAN SACHS GROUP INC - 1.09 1890 1931 JOHN DEERE CAPITAL CORP - 3.35 927 949 JP MORGAN CHASE - 2.769% - 10/ 10854 10809 KILROY RLTY - 4.750% - 12/15/2 3916 3904 MICRON TECHNOLOGY INC - 4.185% 29749 29575 MIDAMERICAN ENERGY CO - 3.100% 46426 42563 MORGAN STANLEY - 3.625% - 01/2 29679 27494 MORGAN STANLEY MTN - 0.985% - 970 964 MORGAN STANLEY MTN CALL MAKE W 1964 1949 MPLX LP - 1.750% - 03/01/2026 38282 38617 MPLX LP - 2.650% - 08/15/2030 40536 40252 NETAPP INC NOTE - 1.875% - 06/ 17580 17725 NETAPP INC NOTE CALL MAKE WHOL 5725 5670 NXP B V / NXP FDG LLC / NXP US 48029 48544 NXP BV/NXP - 3.400% - 05/01/20 1802 1837 ORACLE CORP - 2.950% - 05/15/2 66766 64547 ORACLE CORP NOTE - 3.250% - 11 5583 5770 PACCAR FINANCIAL CORP - 4.000% 965 967 PHILIP MORRIS INTL INC - 2.100 52198 51863 PHILIP MORRIS INTL INC NOTE - 13323 13317 REINSURANCE GROUP - 3.900% - 0 43107 43940 RELX CAPITAL INC NOTE 3.0% 05/ 62350 61760 S&P GLOBAL INC - 4.250% - 05/0 13545 13692 SABINE PAS - 5.000% - 03/15/20 40070 40082 SANTANDER HOLDINGS USA INC SER 126085 120298 SOUTHERN CALIF - 2.850% - 08/0 904 913 SOUTHWEST AIRLS CO - 5.125% - 12327 12055 STARBUCKS CORP - 2.550% - 11/1 22923 22779 STRYKER CORP - 3.650% - 03/07/ 1993 1931 T MOBILE USA INC NOTE - 3.375% 22165 22401 VENTAS RLTY - 4.400% - 01/15/2 53657 54505 VIRGINIA ELEC - 3.500% - 03/15 128892 118915 VMWARE INC - 3.900% - 08/21/20 124245 119252 WELLS FARGO &CO - 2.879% - 10/ 89075 88437 WELLS FARGO &CO - 3.196% - 06/ 6851 6838 WELLS FARGO - 2.393% - 06/02/2 3626 3752 WRKCO INC SER B - 4.900% - 03/ 88300 87447 3M CO 38462 45052 AIR LEASE CORP 29918 34904 AIR PRODS & CHEM INC 25344 26684 AMER INTERNATIONAL GROUP INC 33290 42297 AMERICAN ELECTRIC POWER INC 34910 33203 AMGEN INC 17140 19548 AT&T, INC 43564 55286 BROOKFIELD ASSET MANAGEMENT LT 17684 28396 CARDINAL HEALTH INC 13119 18450 CHARLES SCHWAB CORP 16938 24201 CHEVRON CORP 35679 33168 CISCO SYSTEMS INC 26693 36941 CITIGROUP INC 39188 53215 CME GROUP, INC 47097 58754 COMCAST CORP 43357 44586 CONOCOPHILLIPS 47275 58709 COREBRIDGE FINANCIAL INC 24681 44147 DARDEN RESTAURANTS INC 38802 47606 DENTSPLY SIRONA INC 29142 25205 DIMENSIONAL WORLD EX U S CORE 253704 282285 FEDEX CORPORATION 28943 35166 GENUINE PARTS COMPANY 26916 21250 HARDING LOEVNER INTL EQUITY 311677 264536 HASBRO INC 20744 23929 HEALTHCARE REALTY TRUST 30398 34629 INGREDION INC 33369 45120 INTERNATIONAL BUSINESS MACHINE 31600 52539 ISHARES TRUST RUSSELL 1000 GRO 849243 1326821 KENVUE INC 44566 46735 KINDER MORGAN INC 52148 82940 KONINKLIJKE PHILIPS ELECTRONIC 21633 34587 KONTOOR BRANDS INC 20357 38264 L3HARRIS TECHNOLOGIES 30640 33435 LEAR CORP 39193 25853 LOWES COMPANIES INC 19078 20484 MEDTRONIC PLC 77418 66780 MERCK & CO INC 66267 61479 METLIFE INC 26415 34963 MOLSON COOR BREW CO CL B 36211 35882 NETAPP, INC 19034 29020 NXP SEMICONDUCTORS 39194 45727 ORION OFFICE REIT ORD SHS 2105 378 PACKAGING CORP AMER 16881 27241 PARKER HANNIFIN CP 10940 24805 PEPSICO INC 23338 18855 PFIZER INC 46371 41387 PHILLIPS 66 31676 35546 PINNACLE WEST CAPITAL CORP 44025 48912 RADIAN GROUP INC 32902 45391 RAYTHEON TECHNOLOGIES CORP 50981 59017 REALTY INCOME CORP 159900 135987 TARGET CORPORATION 28556 27712 TEXAS INSTRUMENTS INC 29759 35439 THE HERSHEY COMPANY 23323 21338 TRUIST FINANCIAL CORPORATION 34528 34661 UNION PACIFIC 23555 25084 US BANCORP 22463 23389 VANGUARD SM-CAP ETF 311846 365226 VICI PROPERTIES INC 40441 35490 WELLS FARGO & CO 15115 24514 WEYERHAEUSER CO 35526 30881 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. Administrative Fees 46205 46205 Bank Charges 56 56 Office & Supplies 3083 3083 Payroll Processing Fees 2958 2958 Postage/Delivery Service 179 179 Class Action Lawsuit Proceeds 1140 1140 PRIOR PERIOD ADJUSTMENT -8520 Investment Management Services 33906 33906 PHOTOGRAPHY SERVICES 1800 1800 PHILANTHROPIC CONSULTING 60000 60000 EVENT PLANNING SERVICES 15213 15213 ADVERTISING EXPENSES 5000 5000 990-PF Estimated Tax for 2024 5800 990-PF Extension for 2023 4800 State Tax Miscellaneous Fee 2183