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Nonprofit · EIN 20-2051596

BHUTADA FAMILY FOUNDATION

Tax-exempt · HOUSTON, TX 77082

Financials

$601K$671K2022$3.1M$658K2023$5.8M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of BHUTADA FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,760,231$1,322,547$4,437,684$9,176,516$0$9,176,516
December 31, 2023990-PF$3,112,872$658,261$2,454,611$4,738,832$0$4,738,832
December 31, 2022990-PF (amended)$601,000$671,497-$70,497$2,284,221$0$2,284,221
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,650,000
Dividends
$145,538
Net gain from sales of assets
$1,145
Other income
-$36,452

Expenses

Grants and similar amounts paid
$1,319,711
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,320,911
Excise tax on investment income
$2,016

Balance sheet and other

Total assets, start of year
$4,738,832
Total assets, end of year
$9,176,516
Total liabilities, end of year
$0
Net assets, end of year
$9,176,516
Fair market value of assets
$9,023,584
Qualifying distributions
$1,320,911
Net investment income
$146,683

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ramesh Bhutada
4018 Westhollow Parkway, Houston, TX 77082
President1$0
Rishi Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Secretary1$0
Kiran Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Vice Pres.1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Kiran Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Vice Pres.1$0
Ramesh Bhutada
4018 Westhollow Parkway, Houston, TX 77082
President1$0
Rishi Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Secretary1$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
Kiran Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Vice Pres.1$0
Ramesh Bhutada
4018 Westhollow Parkway, Houston, TX 77082
President1$0
Rishi Bhutada
4018 Westhollow Parkway, Houston, TX 77082
Secretary1$0

Address and contacts

Address (IRS master file)
4018 WESTHOLLOW PKWY, HOUSTON, TX 77082-4604
In care of
% RAMESH BHUTADA
Signed the 990-PF
Rishi Bhutada, Secretary
Phone
(281) 582-8407
Return prepared by
Blazek & Vetterling

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2051596
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,176,516
Income (IRS master file)
$6,184,625

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,760,231$1,322,547$9,176,516XML
990-TDecember 2024–––IRS
990-PFDecember 2023$3,112,872$658,261$4,738,832XML
990-PFDecember 2022$601,000$671,497$2,284,221XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2051596).

Questions about BHUTADA FAMILY FOUNDATION

What is the EIN of BHUTADA FAMILY FOUNDATION?
The employer identification number (EIN) of BHUTADA FAMILY FOUNDATION is 20-2051596.
Is BHUTADA FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to BHUTADA FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BHUTADA FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BHUTADA FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BHUTADA FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of BHUTADA FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BHUTADA FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,760,231, expenses of $1,322,547 and total assets of $9,176,516 at year end.

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