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Shg Foundation is a private corporation based in SAN FRANCISCO, CA. The foundation received its IRS ruling in 2000. The principal officer is Madhavan Rangaswami. It holds total assets of $869K. Annual income is reported at $372K. The foundation is governed by 2 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary pupose is to support, by contributions, other charitable organizations exempt under irc sec 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including California, Texas, District of Columbia. According to available records, Shg Foundation has made 21 grants totaling $537K, with a median grant of $20K. Annual giving has grown from $140K in 2020 to $187K in 2022. Grantmaking activity was highest in 2021 with $211K distributed across 8 grants. Individual grants have ranged from $3K to $53K, with an average award of $26K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in California, Delaware, Washington, which account for 62% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$22K
Average Grant
$23K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any direct charitable activities. Its primary pupose is to support, by contributions, other charitable organizations exempt under irc sec 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary pupose is to support, by contributions, other charitable organizations exempt under irc sec 501(c)(3). Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in CA, DE, WA.
Shg Foundation has distributed a total of $537K across 21 grants. The median grant size is $20K, with an average of $26K. Individual grants have ranged from $3K to $53K.
Shg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shg Foundation is headquartered in SAN FRANCISCO, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madhavan Rangaswami | President | $0 | $0 | N/A |
| Navaz Porbandarwala | Vice President | $0 | $0 | N/A |
Total Giving
$583K
Total Assets
$872K
Fair Market Value
$1.2M
Net Worth
$872K
Grants Paid
$52K
Contributions
N/A
Net Investment Income
$39K
Distribution Amount
$48K
Total: $832K
Total Grants
21
Total Giving
$537K
Average Grant
$26K
Median Grant
$20K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| U-GoFOR CHARITABLE PURPOSES | Solana Beach, CA | $53K | 2022 |
| Robert Katende FundFOR CHARITABLE PURPOSES | Redmond, WA | $50K | 2022 |
| American Online Giving FoundationFOR CHARITABLE PURPOSES | Newark, DE | $34K | 2022 |
| 2041 FoundationENVIORMENTAL EDUCATION | Truckee, CA | $20K | 2022 |
| Akshaya Patrahome Of HopePROVIDE SCHOOL LUNCHES TO CHILDREN IN LOW INCOME COMMUNITIES | Stoneham, MA | $10K | 2022 |
| Enacte ArtsTHEATER EDUCTION | Houston, TX | $10K | 2022 |
| Olympic Gold QuestFOR CHARITABLE PURPOSES | San Francisco, CA | $10K | 2022 |
| IndiasporaCOVID RELIEF | San Francisco, CA | $50K | 2021 |
| Anita BFOR CHARITABLE PURPOSES | San Mateo, CA | $44K | 2021 |
| Hack The HoodFOR CHARITABLE PURPOSES | Oakland, CA | $44K | 2021 |
| Kailash Satyarthi Children'S FoundaCHILDREN'S RIGHTS | Washington, DC | $10K | 2021 |
| Tamil Nadu FoundationFOR CHARITABLE PURPOSES | Macungie, PA | $10K | 2021 |
| Santa Fe InstituteFOR CHARITABLE PURPOSES | Santa Fe, NM | $8K | 2021 |
| Black Girls CodeTEACH COMPUTER SCIENCE SKILLS TO WOMEN OF COLOR | Oakland, CA | $25K | 2020 |
| Computer History MuseumFOR CHARITABLE PURPOSES | Mountain View, CA | $19K | 2020 |
| Hopewell FundCITIZENS FOR DEMOCRACY PROJECT | Washington, DC | $10K | 2020 |