OVERVIEW: The Arun I and Asmita Bhatia Family Foundation primarily funds grantmaking related to education, Indian causes, human services, and arts and culture.
IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.
PROFILE: Established in 2003, the Arun I and Asmita Bhatia Family Foundation was launched by real estate mogul Arun Bhatia and his wife Asmita, a Citigroup veteran. Arun is the founder of Arun Bhatia Development Organization in New York. The foundation lacks transparency, which limits information available on its grantmaking priorities and activities. According to tax filings, the Arun I and Asmita Bhatia Family Foundation primarily funds grantmaking related to education, Indian causes, human services, and arts and culture.
Arun Bhatia supports his alma mater University of Wisconsin - Madison. They’ve also supported Georgetown University, including a South Asian Journalists Association Scholarship.
Grants range from $100 to $18,500. In a recent fiscal year, the foundation gave away around $92,000. Past grantees include Bowery Mission, Advocates for Children of New York., American India Foundation, Young People's Chorus of New York City, The Met Museum, and the Akanksha Fund, which deals with organizations that focus on reforming India’s education system.
The foundation keeps a low profile and does not accept unsolicited proposals.
PEOPLE:
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CONTACT:
Arun I and Asmita Bhatia Family Foundation
500 W. 43rd St, Apt 39A
New York , NY 10036