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Shemtob Foundation is a private corporation based in SUGAR LAND, TX. The foundation received its IRS ruling in 2021. The principal officer is David A Barish. It holds total assets of $1.5M. Annual income is reported at $1.6M. Total assets have grown from $371K in 2021 to $786K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Shemtob Foundation has made 7 grants totaling $54K, with a median grant of $10K. Annual giving has grown from $4K in 2022 to $50K in 2023. Individual grants have ranged from $2K to $10K, with an average award of $8K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Texas, New York, District of Columbia, which account for 71% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Shemtob Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TX, NY, DC.
Shemtob Foundation has distributed a total of $54K across 7 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $2K to $10K.
Shemtob Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shemtob Foundation is headquartered in SUGAR LAND, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Barish | PRESIDENT | $0 | $0 | N/A |
| Linda Jayaram | VICE PRESIDENT | $0 | $0 | N/A |
| Krish Jayaram | VICE PRESIDENT | $0 | $0 | N/A |
| Priya Geddis | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$786K
Fair Market Value
$1.7M
Net Worth
$786K
Grants Paid
$50K
Contributions
$3K
Net Investment Income
$176K
Distribution Amount
$73K
Total: $535K
Total Grants
7
Total Giving
$54K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Birthright IsraelGENERAL FUNDRAISING | New York, NY | $10K | 2023 |
| American Friends Service CommitteeGENERAL FUNDRAISING | Philadelphia, PA | $10K | 2023 |
| Mother'S Milk Bank At AustinGENERAL FUNDRAISING | Austin, TX | $10K | 2023 |
| Turning Point UsaGENERAL FUNDRAISING | Phoenix, AZ | $10K | 2023 |
| World Central KitchenGENERAL FUNDRAISING | Washington, DC | $10K | 2023 |