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Filing year 2024

HEMANT SHAH FAMILY FOUNDATION INC

Jersey City, New Jersey·EIN 26-2832659·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.4M
Total assets
$2.1M
Total expenses
$466k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. HEMANT SHAH FAMILY FOUNDATION INC reported 1 unpaid officer or board member on its 990-PF.

President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$444k

Itemized grants

10

Median grant

$21k

RecipientLocationPurposeAmount
PANDIT TODARMAL SARVODAYA TRUSTRAJASTHAN, INCHARITY$121k
ST JOSEPH SCHOOL FOR BLINDJERSEY CITY, NJCHARITY$90k
SADVICHAR PARIVARGUJRAT, INCHARITY$90k
SIDDHACHALAM JAIN TEMPLEBLAIRSTOWN, NJCHARITY$75k
JAIN ASSOCIATION OF NORTH AMERICASOUTH DAYTONA, FLCHARITY$24k
SHREE SATSHRUT SEVA SADHANA KENDRAGUJRAT, INCHARITY$18k
HOBOKEN UNIVERSITY MEDICAL CENTERHOBOKEN, NJCHARITY$17k
SHREE GUNALIT JYOT MAHILA TRUSTGUJARAT, INCHARITY$9k
WASHINGTON COMMUNITY CHURCHALEXANDRIA, VACHARITY$250
SHRINERS HOSPITALSTAMPA, FLCHARITY$100
Financial trend

Revenue and expenses over time

HEMANT SHAH FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$193k
$102k
2023
$1.4M
$466k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

HEMANT SHAH FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about HEMANT SHAH FAMILY FOUNDATION INC

What are HEMANT SHAH FAMILY FOUNDATION INC's revenue and expenses?

In 2024, HEMANT SHAH FAMILY FOUNDATION INC reported $1.4M in total revenue and $466k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.