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Shekels Charitable Foundation is a private trust based in LOS ANGELES, CA. The foundation received its IRS ruling in 2014. The principal officer is % Allen E Shay. It holds total assets of $59.1M. Annual income is reported at $13.5M. The foundation operates in the area of human services. According to available records, Shekels Charitable Foundation has made 8 grants totaling $7.3M, with a median grant of $879K. Annual giving has decreased from $2.1M in 2020 to $1.7M in 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 4 grants. Individual grants have ranged from $29K to $2.1M, with an average award of $917K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Shekels Charitable Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in CA.
Shekels Charitable Foundation has distributed a total of $7.3M across 8 grants. The median grant size is $879K, with an average of $917K. Individual grants have ranged from $29K to $2.1M.
Shekels Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shekels Charitable Foundation is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allen E Shay | Trustee | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$50.2M
Fair Market Value
$50.2M
Net Worth
$48.5M
Grants Paid
$1.7M
Contributions
$2.4M
Net Investment Income
$3.3M
Distribution Amount
$2.1M
Total: $30.5M
Total Grants
8
Total Giving
$7.3M
Average Grant
$917K
Median Grant
$879K
Unique Recipients
4
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charitable Org - See Attached SchedCHARITABLE PURPOSE OF THE ORGANIZATION | Los Angeles, CA | $1.7M | 2023 |
| Multi-Year GrantsCHARITABLE PURPOSE OF THE ORGANIZATION | Los Angeles, CA | $29K | 2023 |
| Charitable Org-See Attached SchedulCHARITABLE PURPOSE OF THE ORGANIZATION | Los Angeles, CA | $1.5M | 2022 |
| Pledged GrantsCHARITABLE PURPOSE OF THE ORGANIZATION | Los Angeles, CA | $50K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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