2021-11-16T15:03:49-06:00 2020-12-31 New York-Hurricane Ida FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 205345499 The Ramesh and Kalpana Bhatia Family Foundation % Foundation Source RAME 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Anita Bhatia President 8008391754 2021-11-15 true Anita Bhatia 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X 15387666 X 7812454 1050 1050 274955 274955 996901 11532961 2641723 2533 33 9087893 2917761 0 8891 0 0 8891 88111 52111 36000 57298 2010 14566 370 14196 168866 54491 0 59087 5258495 5258130 5427361 54491 0 5317217 3660532 2863270 395899 2192718 2192718 6535160 8588159 4413202 4606789 10407589 10803488 13141080 15387666 0 0 X 10803488 13141080 10803488 13141080 10803488 13141080 10803488 3660532 14464020 1322940 13141080 Publicly-traded Securities 11532961 8891238 2641723 2641723 2641723 39799 39799 39799 15286 0 15286 X 24513 false false false false false false true true true TX true false true false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false true false false 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 10.0 0 0 0 Niraj Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 10.0 0 0 0 Ramesh Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 10.0 0 0 0 Kalpana Bhatia Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 10.0 0 0 0 Comerica Bank 1717 Main Street DALLAS TX 75201 Investment Mgt 52111 11870644 705701 0 12576345 0 12576345 188645 12387700 619385 619385 39799 39799 579586 2500 582086 582086 5317217 0 365 0 0 5317582 0 5317582 582086 2018 2017 2016 135580 135580 5317582 582086 4735496 4871076 0 4871076 135580 4735496 KALPANA BHATIA Ramesh Bhatia NIRAJ BHATIA X ABILITY CONNECTION TEXAS 8802 HARRY HINES BLVD DALLAS TX 75235 N/A PC Bilding Hope Campaign Anya's House 250000 BIHAR-JHARKHAND ASSOCIATION OF NORTH AMERICA 1460 LAFITE CT TOMS RIVER NJ 08753 N/A PC General & Unrestricted 1500 BLACK GIRLS CODE INC PO BOX 640926 SAN FRANCISCO CA 94164 N/A PC General & Unrestricted 10000 COMMUNITIES FOUNDATION OF TEXAS 5500 CARUTH HAVEN LN DALLAS TX 75225 N/A PC General & Unrestricted 20000 COMMUNITIES IN SCHOOLS OF GREATER TARRANT COUNTY I 5601 BRIDGE ST SUITE 501 FORT WORTH TX 76112 N/A PC General & Unrestricted 200000 FACE AFRICA 929 MASSACHUSETTS AVE SUITE 01 CAMBRIDGE MA 02139 N/A PC General & Unrestricted 25000 LAWRENCEVILLE UNITED 118 52ND ST PITTSBURGH PA 15201 N/A PC General & Unrestricted 1000 LOS ANGELES REGIONAL FOOD BANK 1734 E 41ST ST VERNON CA 90058 N/A PC General & Unrestricted 5000 MEALS-ON-WHEELS INC OF TARRANT 5740 AIRPORT FWY HALTOM CITY TX 76117 N/A PC General & Unrestricted 2250 METROPORT MEALS ON WHEELS INC PO BOX 204 ROANOKE TX 76262 N/A PC General & Unrestricted 5000 MISSING MURDERED INDIGENOUS WOMEN COALITION OF NOR 5123 N NC HWY 119 MEBANE NC 27302 N/A PC General & Unrestricted 10300 RIVERSIDE MISSION 4280 BOYDS CREEK HWY SEVIERVILLE TN 37876 N/A PC General & Unrestricted 5000 SAKHI FOR SOUTH ASIAN WOMEN PO BOX 1333 NEW YORK NY 10008 N/A PC General & Unrestricted 105000 SOUTH ASIAN COUNCIL FOR SOCIAL SERV ICES INC 14306 45TH AVE FLUSHING NY 11355 N/A PC General & Unrestricted 50000 THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTE PO BOX 910888 DALLAS TX 75391 N/A GOV Capital, Endowed Chair 4500000 THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTE PO BOX 910888 DALLAS TX 75391 N/A GOV General & Unrestricted (see attached General Explanation) 365 TRYON LIFE COMMUNITY FARM 11640 SW BOONES FERRY RD PORTLAND OR 97219 N/A PC Recovery Effort for Aubrey Damron 8080 UNITED WAY INC 1150 SOUTH OLIVE ST SUITE T500 LOS ANGELES CA 90015 N/A PC General & Unrestricted 5000 WATER UNDERGROUND 3080 ARLOTTE AVE LONG BEACH CA 90808 N/A PC General & Unrestricted 50000 YOUNG MENS CHRISTIAN ASSOCIATION OF METROPOLITAN L 2900 WHITTIER BLVD LOS ANGELES CA 90023 N/A PC General & Unrestricted 5000 5258495 14 1050 14 274955 18 996901 K-1 Inc/Loss 14 33 MISCELLANEOUS CREDIT CARD REFUNDS 01 2500 1275439 1275439 false false false false false false false false false false X X 1 Bhatia Ramesh 667 Creekway Drive Irving TX 76053 7812454 X X 1 STRYKER CORPORATION SYK, 1202 sh. 230219 2020-05-11 1 UNION PACIFIC UNP, 714 sh. 112009 2020-05-11 1 ACCENTURE PLC ACN, 1518 sh. 284488 2020-05-11 1 MCDONALD'S CORP MCD, 1158 sh. 209251 2020-05-11 1 MICROSOFT CORP MSFT, 2558 sh. 473690 2020-05-11 1 MICROCHIP TECHNOLOGY INC MCHP, 1793 sh. 158474 2020-05-11 1 PEPSICO INC PEP, 130 sh. 17509 2020-05-11 1 PROCTER GAMBLE CO PG, 1248 sh. 144100 2020-05-11 1 STARBUCKS CORP COM SBUX, 3305 sh. 252799 2020-05-11 1 COSTCO WHOLESALE CORPORATION COST, 367 sh. 113188 2020-05-11 1 GALLAGHER ARTHUR J & CO AJG, 1977 sh. 170892 2020-05-11 1 HOME DEPOT INC HD, 1430 sh. 336064 2020-05-11 1 JP MORGAN CHASE JPM, 1204 sh. 108625 2020-05-11 1 ESTEE LAUDER COMPANIES INC EL, 577 sh. 98849 2020-05-11 1 LOWES COMPANIES INC LOW, 1139 sh. 129459 2020-05-11 1 ABBOTT LABS ABT, 2863 sh. 271455 2020-05-11 1 ANALOG DEVICES INC ADI, 1978 sh. 214306 2020-05-11 1 APPLE INC AAPL, 395 sh. 123297 2020-05-11 1 CHEVRON CORP CVX, 34 sh. 3192 2020-05-11 1 WEYERHAEUSER CO WY, 323 sh. 9663 2020-10-08 1 WAL-MART STORES INC WMT, 1324 sh. 187485 2020-10-08 1 VERIZON COMMUNICATIONS VZ, 2503 sh. 148553 2020-10-08 1 TARGET CORPORATION TGT, 1128 sh. 183136 2020-10-08 1 PEPSICO INC PEP, 697 sh. 95799 2020-10-08 1 EATON CORP PLC ETN, 473 sh. 50646 2020-10-08 1 LEAR CORP LEA, 990 sh. 128185 2020-10-08 1 MONDELEZ INTERNATIONAL INC MDLZ, 1271 sh. 71799 2020-10-08 1 KIMBERLY CLARK CORP KMB, 363 sh. 54626 2020-10-08 1 INTEL CORP INTC, 1912 sh. 101575 2020-10-08 1 GILEAD SCIENCES INC GILD, 1652 sh. 104960 2020-10-08 1 UNION PACIFIC UNP, 114 sh. 23202 2020-10-08 1 KONINKLIJKE PHILIPS ELECTRONICS PHG, 2007 sh. 94630 2020-10-08 1 TE CONNECTIVITY LTD TEL, 1044 sh. 110111 2020-10-08 1 ASTRAZENECA AZN, 2228 sh. 120167 2020-10-08 1 AMGEN INC AMGN, 668 sh. 163346 2020-10-08 1 AMERIPRISE FINANCIAL INC AMP, 705 sh. 118052 2020-10-08 1 CUMMINS INC CMI, 1258 sh. 277439 2020-10-08 1 COMCAST CORP CMCSA, 683 sh. 30810 2020-10-08 1 CARDINAL HEALTH INC CAH, 1321 sh. 63098 2020-10-08 1 MORGAN STANLEY MS, 1409 sh. 68160 2020-10-08 1 ABBVIE INC ABBV, 1768 sh. 155142 2020-10-08 1 ATLAS CORP ATCO, 4105 sh. 42179 2020-12-18 1 MEDTRONIC PLC MDT, 982 sh. 114064 2020-12-18 1 NETAPP, INC NTAP, 2044 sh. 131572 2020-12-18 1 CVS CAREMARK CORP CVS, 354 sh. 24534 2020-12-18 1 CVS CAREMARK CORP CVS, 581 sh. 40266 2020-12-18 1 CVS CAREMARK CORP CVS, 394 sh. 27306 2020-12-18 1 ABBVIE INC ABBV, 213 sh. 22180 2020-12-18 1 ABBVIE INC ABBV, 316 sh. 32905 2020-12-18 Tax Return Preparation/Review 8891 8891 FORM 990-PF, PARTS I AND XV FORM 990-PF, PARTS I AND XV TOTAL Part I, Line 25, Column (a) and Part XV, Line 3a: $5,258,495 Less amount counted as a qualifying distribution on Part XII, Line 2a: $365 TOTAL Part I, Line 25, Column (d): $5,258,130 IN-KIND GRANTS PART I LINE 25 AND PART XV LINE 3A METHOD FOR DETERMINING VALUE OF MEALS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $365 TOTAL BOOK VALUE OF PROPERTY: $365 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $365 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $- DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: Meals UNITS: 50 DATE OF DISTRIBUTION: 7/23/2020 GRANT RECIPIENT: THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER AT DALLAS FMV OF PROPERTY: $365 BOOK VALUE OF PROPERTY: $365 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $365 ABBVIE INC NOTE CALL MAKE WHOL 35197 35452 AMERICAN INTL GROUP - 4.125% - 95312 106294 AMERICAN INTL GROUP INC - 3.90 96056 100346 AMERICAN TOWER CORP - 4.700% - 31441 31481 AMERICAN TOWER CORP - 5.000% - 104949 113066 AMERICAN WATER WORKS - 3.400% 45662 45355 AMGEN INC NOTE - 2.650% - 05/1 138217 138024 ANTHEM - 2.950% - 12/01/2022 110246 109999 AT&T INC BOND - 4.450% - 01/01 57343 62540 BAKER HUGHES - 2.773% - 12/15/ 68735 74152 BHP BILLITON FINANCE - 3.250% 80320 79030 BP CAP MARKETS - 3.119% - 05/0 2207 2214 BP CAP MKTS - 3.245% - 05/06/2 41893 41592 BROADCOM CORP/ BROADCOM CAYMAN 35133 36017 BROADCOM CORP/BROADCOM CAYMAN 58401 65986 BROWN FORMAN CORP - 3.500% - 0 95745 94126 CAPITAL ONE FINL CORP - 3.750% 57245 63512 CC HLDGS GS V / CROWN CASTL - 53875 57957 CENOVUS ENERGY INC - 3.800% - 103036 109067 CITIGROUP - 2.700% - 03/30/202 2022 2012 COMCAST CORP - 3.150% - 03/01/ 129484 131742 COMCAST CORP - 3.375% - 08/15/ 4459 4463 COMWLTH EDISON CO - 3.400% - 0 4120 4050 CONSTELLATION BRANDS INC - 4.2 91267 97014 CROWN CASTLE INTL CORP - 4.450 28748 28928 CVS CAREMARK CORP - 3.500% - 0 56839 59489 D R HORTON INC SR NT - 4.750% 30979 32281 DEUTSCHE BK AG NOTE - 4.250% - 56954 58450 DISCOVER FINL SVCS NOTE - 4.50 142370 157124 DISNEY WALT CO - 2.450% - 03/0 105074 104642 DOMINION GAS HLDGS LLC - 3.600 27506 28749 EBAY INC - 1.900% - 03/11/2025 72247 72538 EBAY INC NOTE - 3.800% - 03/09 130917 134864 ENTERPRISE PRODUCTS - 4.050% - 85572 87397 EXELON GENERATION COLLC NOTE - 25917 25811 GENERAL MTRS CO NOTE - 4.875% 95030 104282 GENERAL MTRS FINL - 3.150% - 0 18576 19671 GM FINANCIAL - 3.450% - 04/10/ 57251 59643 GOLDMAN SACHS - 3.850% - 07/08 127434 133786 GOLDMAN SACHS GROUP INC NOTE - 73728 74973 HEALTH CARE REIT - 4.500% - 01 114563 123421 HOST HOTELS &RESORTSLP - 3.875 100747 108866 MIDAMERICAN ENERGY COMPANY - 3 2203 2203 MORGAN STANLEY - 2.500% - 04/2 124838 124769 MORGAN STANLEY - 3.875% - 01/2 82611 82422 ORACLE CORP - 2.950% - 05/15/2 70944 71387 RABOBANK NEDERLAND - 4.500% - 2057 2001 SANTANDER HLDGS - 4.500% - 07/ 128322 138415 SANTANDER UK PLC - 4.000% - 03 67045 71893 SHELL INTERNATIONAL - 3.250% - 130401 132876 SIMON PROPERTY GROUP - 3.300% 36631 39540 SOUTHERN CO NOTE - 2.350% - 07 51550 51401 SUMITOMO MITSUI FINANCIAL GROU 77503 81902 VMWARE INC - 2.950% - 08/21/20 61580 66390 WASTE MGMT - 2.900% - 09/15/20 96364 102660 WASTE MGMT - 3.125% - 03/01/20 103881 104008 WELLS FARGO & CO - 3.000% - 04 1095 1100 WELLS FARGO &COMPANYMTN CALL M 4358 4367 WELLS FARGO - 3.550% - 09/29/2 140599 147878 WILLIAMS PARTNERS LP - 4.300% 93252 101375 WILLIAMS PARTNERS LP - 4.500% 78155 84894 WRKCO - 4.650% - 03/15/2026 109723 115254 ZIMMER BIOMET HOLDINGS INC - 3 57273 59648 3M CO 21267 26219 ABBVIE INC 134344 156439 AMER INTERNATIONAL GROUP INC 73686 86169 AMERIPRISE FINANCIAL INC 51290 75983 AMGEN INC 82676 79552 ASTRAZENECA 30514 27944 ATLAS CORP 88865 104346 CARDINAL HEALTH INC 55794 59719 CHEVRON CORP 36176 36229 CHUBB LIMITED 57803 62953 CISCO SYSTEMS INC 51958 69049 CITIGROUP INC 40650 59502 CME GROUP, INC 21594 23849 COMCAST CORP 67758 94425 CONOCOPHILLIPS 82285 77541 CORTEVA INC 44338 67837 CUMMINS INC 66824 68811 CVS CAREMARK CORP 92106 90771 EQUINOR ASA 44548 51920 FIRST AMERICAN CORP 39752 38877 GENUINE PARTS COMPANY 31885 43486 HARDING LOEVNER INTL EQUITY 326507 424996 INGREDION INC 25776 25096 ISHARES MSCI EMERGING MARKETS 290340 428138 ISHARES TRUST MSCI EAFE INDEX 369507 424700 ISHARES TRUST RUSSELL 1000 GRO 1828238 2707519 KINDER MORGAN INC 40015 39807 KONINKLIJKE PHILIPS ELECTRONIC 28515 42198 KONTOOR BRANDS INC 32140 67167 LEAR CORP 45141 56456 MEDTRONIC PLC 168272 178053 MERCK & CO INC 58387 60368 METLIFE INC 47430 56575 MOLSON COOR BREW CO CL B 43701 45597 MONDELEZ INTERNATIONAL INC 28867 31223 MORGAN STANLEY 25300 35841 NETAPP, INC 195167 228727 NORTHERN TRUST CORPORATION 22876 26545 NUTRIEN LTD 57707 72722 OBERWEIS INTERNATIONAL OPPORTU 303568 433627 OGE ENERGY CORP 24681 24341 PARKER HANNIFIN CP 16147 29693 PEPSICO INC 42883 46270 PHILLIPS 66 55159 54204 PROSPERITY BANC SHARES, INC 55423 67695 RADIAN GROUP INC 22226 31570 RAYTHEON TECHNOLOGIES CORP 36374 44193 RIO TINTO PLC SPONSORED ADR 50810 61605 TARGET CORPORATION 73222 79615 TE CONNECTIVITY LTD 28941 48428 TEXAS INSTRUMENTS INC 23762 33975 UNION PACIFIC 49317 59967 UNITED PARCEL SERVICE 24999 35196 VANGUARD SM-CAP ETF 632666 894749 VEREIT INC COM 37830 45809 VERIZON COMMUNICATIONS 85405 84541 VICI PROPERTIES INC 36622 45365 WAL-MART STORES INC 37244 41227 WESTROCK COMPANY 30462 42529 WEYERHAEUSER CO 17420 30211 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, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $5,258,495. This amount represents 25% or more of the Foundation's net assets of $10,803,488 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. 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 XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. ADJ TO REFLECT ASSETS AT BOOK VALUE 1322940 Administrative Fees 6696 6696 Administrative Set-Up Fee 6500 6500 Bank Charges 370 370 OFFICE SUPPLIES 1000 1000 Class Action Lawsuit Proceeds 33 33 Miscellaneous credit card Refunds 2500 Investment Management Services 52111 52111 PHILANTHROPIC CONSULTING SVCS 36000 36000 Bhatia Niraj 667 Creekway Drive Irving TX 76053 4720 TAX 55288 Foreign Tax Paid 2010 2010