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Bonfare Markets Charitable Foundation at a glanceAlso receives grants: funding profile →

· Public charity

Bonfare Markets Charitable Foundation

Aid general members of public.

$35k
Granted FY2025still arriving
3
Grants FY2025still arriving
1
States reached
$20k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0192% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

International$465kEducation$356kScience & Tech$136kReligion$110kHuman Services$45kArts & Culture$20kRecreation & Sports$16kYouth Development$700Other$0
02FY2025 · 3 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $5k
  • $10k–50k2 grants · $30k
$10,000
Median grant
1
States reached
$123k
Total assets
Largest grants
RecipientAmount
DHUNANAND FOUNDATION$20,000
360 PLUS FOUNDATION$10,000
SIKH GURDWARA SAN JOSE$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 9%, against an area that typically sits at 7%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 7%COMPASS HIGH SCHOOL: $100k → 7%AMERICAN INDIA FOUNDATION: $50k → 8%SIKH SPORTS ASSOCIATION: $2k → 9%KHALSA YOUTH SPORTS CLUB BAY AREA: $3k → 10%LYRIC: $700 → 10%MR OCTOBER: $25k → 12%VOYGR GLOBAL INC: $90k → 18%THE AACT CULINARY ACADEMY: $125 → 10%KAUR FOUNDATION: $5k → 6%COMPASS HIGH SCHOOL: $74k → 7%AMERICAN INDIA FOUNDATION: $15k → 8%DHUNANAND FOUNDATION: $20k → 9%KHALSA YOUTH SPORTS CLUB BAY AREA: $3k → 10%VOYGR GLOBAL INC: $45k → 18%COMPASS HIGH SCHOOL: $50k → 7%SANTA VISITA ALVISO FOUNDATION: $5k → 8%DHUNANAND FOUNDATION: $20k → 9%SIKH SPORTS ASSOCIATION OF USA: $5k → 10%360 PLUS FOUNDATION: $10k → 18%KAYDEE CASTRICONE: $10k → 7%SANTA VISITA ALVISO FOUNDATION: $5k → 8%SIKH SPORTS ASSOCIATION OF USA: $3k → 10%360 PLUS FOUNDATION: $8k → 18%SANTA VISITA ALVISO FOUNDATION: $5k → 8%360PLUS FOUNDATION: $5k → 18%SANTA VISITA ALVISO FOUNDATION: $5k → 8%360PLUS FOUNDATION: $5k → 18%NOTRE DAME HIGH SCHOOL: $3k → 8%360PLUS FOUNDATION: $3k → 18%KHUSHII USA: $400k → 8%INDIA COMMUNITY CENTER: $25k → 8%INDIA COMMUNITY CENTER: $20k → 8%FOUNDATION FOR EXCELLENCE: $55k → 8%FOUNDATION FOR EXCELLENCE: $20k → 8%FOUNDATION FOR EXCELLENCE: $10k → 8%SIKH GURDWARA SAN JOSE: $105k → 8%SIKH GURDWARA SAN JOSE: $5k → 8%FOUNDATION FOR EXCELLENCE INC: $5k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

63%of every dollar goes to organizations it has funded before.
$775k · 11 repeat orgs$448k to everyone else

Grantees it renews have grown median revenue +53% since the first grant, against +8% for those funded once.

11 repeat relationships: 3 still active in FY2025, 8 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

11
8

Total granted

$775k
$448k

Median revenue growth · since first grant

+53%
+8%

Still filing today

64%
50%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’21’22’23’24’25
InternationalEducationRecreation & SportsReligionPublic Safety & DisasterYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • CH
    Compass High School
    3× · 2021–2023 · $224k · revenue +53%
  • FF
    FOUNDATION FOR EXCELLENCE INC
    4× · 2017–2022 · $90k · revenue +114%
  • TA
    THE AMERICAN INDIA FOUNDATION
    2× · 2018–2019 · $65k · revenue +113%

Funded once

  • KU
    Khushii USA Inc
    one grant, 2024 · $400k · 100% of their budget
  • MO
    Mr October Foundation for Kidsgraduated
    one grant, 2018 · $25k · revenue +271%
  • IG
    Individual grant recipient
    one grant, 2023 · $10k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
The Kailash Goyal Foundation
Philanthropy
2
Kaival Gyan Chicago Foundation
Philanthropy
3
India Awareness Foundation Inc

Public education

Education
4
Rekha & Sudhir Puranik Foundation
Philanthropy
5
The Desai Foundation
Education
6
Vidya Girls Education Foundation
Education
7
Sahayog Foundation
Community Improvement
8
Ravi and Naina Patel Foundation
Philanthropy
9
Lakhani Family Foundation Lakhani
Philanthropy
10
Sanjay Shah Foundation
Philanthropy
11
Swami Dayanand Education Foundation
Education
12
Motwani Jadeja Global Foundation
Philanthropy
How this is measured
The grantee most central to the portfolio’s shape is The American India Foundation; the most unlike its peers is Mr October Foundation for Kids. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

11 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 11 of the 19 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

2
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
11/11
Grantees still filing
8/11
Grew since first funded

Where the money sits, by cause and then by grantee

Khushii USA Inc: $400,000 · InternationalKhushii USA IncINDIA COMMUNITY CENTER INC: $45,000 · InternationalINDIA COMMUNITY CENTER INC360PLUS FOUNDATION: $30,250 · International360PLUS FOUNDATIONCompass High School: $223,600 · EducationCompass High SchoolFOUNDATION FOR EXCELLENCE INC: $90,000 · EducationFOUNDATION FOR EXCELLENCE INCMr October Foundation for Kids: $25,000 · EducationMr October Foundation for KidsVOYGR GLOBAL INC: $135,500 · OtherVOYGR GLOBAL INCSIKH GURDWARA SAN JOSE CALIFORNIA: $110,000 · OtherSIKH GURDWARA SAN JOSE CALIFOR…DHUNANAND FOUNDATION: $40,000 · OtherDHUNANAND FOUNDATIONSANTA VISITS ALVISO FOUNDATION: $20,000 · OtherSANTA VISITS ALVISO FOUNDATION+5 more: $24,125 · Other+5 moreTHE AMERICAN INDIA FOUNDATION: $65,000 · Public Safety & DisasterSIKH SPORTS ASSOCIATION OF USA: $9,500 · Recreation & SportsKAUR FOUNDATION INC: $5,000 · ReligionLAVENDER YOUTH RECREATION & INFORMATION CENTER INC LYRIC: $700 · Youth Development
International$475,250Education$338,600Other$329,625Public Safety & Disaster$65,000Recreation & Sports$9,500Religion$5,000Youth Development$700

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10Mgrantee revenue →↑ funder's share of their budgetKhushii USA Inc: $400,000 over 1y, 100% of budgetCompass High School: $223,600 over 3y, 6.0% of budgetFOUNDATION FOR EXCELLENCE INC: $90,000 over 4y, 1.1% of budgetTHE AMERICAN INDIA FOUNDATION: $65,000 over 2y, 0.6% of budgetINDIA COMMUNITY CENTER INC: $45,000 over 2y, 0.5% of budget360PLUS FOUNDATION: $30,250 over 5y, 44% of budgetMr October Foundation for Kids: $25,000 over 1y, 6.7% of budgetSANTA VISITS ALVISO FOUNDATION: $20,000 over 4y, 2.5% of budgetSIKH SPORTS ASSOCIATION OF USA: $9,500 over 3y, 4.5% of budgetKAUR FOUNDATION INC: $5,000 over 1y, 6.5% of budgetLAVENDER YOUTH RECREATION & INFORMATION CENTER INC LYRIC: $700 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds Khushii USA Inc ↗
  • Who funds Compass High School ↗
  • Who funds FOUNDATION FOR EXCELLENCE INC ↗
  • Who funds THE AMERICAN INDIA FOUNDATION ↗
  • Who funds INDIA COMMUNITY CENTER INC ↗
  • Who funds 360PLUS FOUNDATION ↗
  • Who funds Mr October Foundation for Kids ↗
  • Who funds SANTA VISITS ALVISO FOUNDATION ↗
  • Who funds SIKH SPORTS ASSOCIATION OF USA ↗
  • Who funds KAUR FOUNDATION INC ↗
  • Who funds LAVENDER YOUTH RECREATION & INFORMATION CENTER INC LYRIC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Vanguard Charitable E…American Online Givin…Morgan Stanley Global…National Philanthropi…The Bank of America C…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Vanguard Charitable Endowment ProgramPA7.6× affinity6 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Bonfare Markets Charitable Foundation funds: left to right is the share of its income from government, bottom to top the share from Bonfare Markets Charitable Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–50%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home