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Shah Family Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2014. It holds total assets of $10.1M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Shah Family Foundation Inc. has made 20 grants totaling $2.3M, with a median grant of $19K. Annual giving has decreased from $503K in 2020 to $105K in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 6 grants. Individual grants have ranged from $1K to $667K, with an average award of $114K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Pennsylvania, which account for 75% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Shah Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NC, GA, PA.
Shah Family Foundation Inc. has distributed a total of $2.3M across 20 grants. The median grant size is $19K, with an average of $114K. Individual grants have ranged from $1K to $667K.
Shah Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Shah Family Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mike Drum | TRUSTEE | $0 | $0 | $0 |
| Reshma Shah | PRESIDENT | $0 | $0 | $0 |
| Justin Berman | TRUSTEE | $0 | $0 | $0 |
| Rajesh Shah | TRUSTEE | $0 | $0 | $0 |
Total Giving
$128K
Total Assets
$9.1M
Fair Market Value
$9.1M
Net Worth
$9.1M
Grants Paid
$105K
Contributions
$30K
Net Investment Income
$439K
Distribution Amount
$385K
Total: $6M
Total Grants
20
Total Giving
$2.3M
Average Grant
$114K
Median Grant
$19K
Unique Recipients
14
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| RakshaPUBLIC | Atlanta, GA | $1K | 2020 |
| The Pennsylvania State UniversityEDUCATION | University Park, PA | $40K | 2023 |
| Uja Federation Of New YorkPUBLIC | New York, NY | $40K | 2023 |
| Muscular Dystrophy AssociationPUBLIC | Tucker, GA | $12K | 2023 |
| Sagerstrong Foundation IncPUBLIC | Atlanta, GA | $10K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Raksha IncPUBLIC | Atlanta, GA | $3K | 2023 |
| Wake Forest UniversityEDUCATION | Winstonsalem, NC | $667K | 2022 |
| Cf Foundation IncPUBLIC | Atlanta, GA | $50K | 2022 |
| Mount Tabor High SchoolEDUCATION | Winstonsalem, NC | $2K | 2022 |
| Children Across BordersPUBLIC | Tampa, FL | $22K | 2021 |
| Vibha'S Dream Mile XPUBLIC | Sunnyvale, CA | $5K | 2021 |
| World Food Program MadagascarPUBLIC | Washington, DC | $1K | 2021 |
| Atlanta Hawks FoundationPUBLIC | Atlanta, GA | $25K | 2020 |
| Gujarati Cultural Assn Of North AtlantaEDUCATION | Suwanee, GA | $15K | 2020 |
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