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Filing year 2024

SHAH CHARITABLE FOUNDATION

Boston, Massachusetts·EIN 81-5082563·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
-$129k
Total assets
$77.1M
Total expenses
$3.4M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Manager
Unclassified
$599k
$639k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SHAH CHARITABLE FOUNDATION equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
18%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$76k

Itemized grants

10

Median grant

$509

RecipientLocationPurposeAmount
MUSEUM OF FINE ARTSBOSTON, MAGENERAL PURPOSE$50k
BOSTON MEDICAL CENTERBOSTON, MAGENERAL PURPOSE$23k
PAN MASS CHALLENGENEEDHAM, MAGENERAL PURPOSE$770
DANA-FARBER CANCER INSTITUTEBOSTON, MAGENERAL PURPOSE$670
MARCH OF DIMESARLINGTON, VAGENERAL PURPOSE$518
CHRISTINA NOBLE CHILDRENS FOUNDATIONTALLAHASSEE, FLGENERAL PURPOSE$500
FALMOUTH ROAD RACE INCFALMOUTH, MAGENERAL PURPOSE$273
FOUNDATION FOR ANGELMAN SYNDROME THERAPEUTICSAUSTIN, TXGENERAL PURPOSE$264
CITY OF HOPEDUARTE, CAGENERAL PURPOSE$250
MENTAL HEALTH AMERICAALEXANDRIA, VAGENERAL PURPOSE$100
Compare this foundation's grantees

Up 10%
from 2023

From $545k in 2023 to $599k in 2024.

$545k
2023
$599k
2024
In today's dollarsEst.
Up 7% in real terms$600k to $639k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

Comparable philanthropy, voluntarism & grantmaking organizations in Massachusetts pay their highest-earning executive a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.