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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.