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Filing year 2024

SHAH HAPPINESS FOUNDATION

Orange, California·EIN 87-4549199·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11M
Total assets
$9.3M
Total expenses
$877k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. SHAH HAPPINESS FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Director; Secretary; Treasurer
Director; Vice President
Director; Vice President
Director and President

Grants paid

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

Total granted

$829k

Itemized grants

4

Median grant

$157k

RecipientLocationPurposeAmount
UNIVERSITY OF PENNSYLVANIAPHILADELPHIA, PATO SUPPORT THE UNIVERSITY OF PENNSYLVANIA AS A LEADING ACADEMIC, RESEARCH, AND SERVICE INSTITUTION.$500k
JIVAN JYOT DRUG BANKMH, INJIVAN-JYOT DRUG BANK IS A FOREIGN ORGANIZATION. AN EQUIVALENCY DETERMINATION WAS OBTAINED FROM A QUALIFIED TAX PRACTITIONER, CONFIRMING THAT JIVAN-JYOT DRUG BANK IS THE EQUIVALENT OF A U.S. PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) AND QUALIFIES AS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) AND 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, EXPENDITURE RESPONSIBILITY WAS NOT REQUIRED FOR THIS GRANT.$280k
BHARATIYA VIDYA BHAVAN USA INCINBHARATIYA VIDYA BHAVAN IS A FOREIGN ORGANIZATION. AN EQUIVALENCY DETERMINATION WAS OBTAINED FROM A QUALIFIED TAX PRACTITIONER, CONFIRMING THAT BHARATIYA VIDYA BHAVAN IS THE EQUIVALENT OF A U.S. PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) AND QUALIFIES AS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) AND 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, EXPENDITURE RESPONSIBILITY WAS NOT REQUIRED FOR THIS GRANT.$34k
CREATING CARE FOUNDATIONANAHEIM, CATO CARRY OUT PROGRAMS TO IMPROVE THE QUALITY OF SCHOOL FACILITIES, HEALTH CENTERS AND HELP PEOPLE IN POVERTY WITH FOOD AID.$15k
Financial trend

Revenue and expenses over time

SHAH HAPPINESS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.2M
$2.3M
2023
$11M
$877k
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 California

SHAH HAPPINESS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California
FAQ

Common questions about SHAH HAPPINESS FOUNDATION

What are SHAH HAPPINESS FOUNDATION's revenue and expenses?

In 2024, SHAH HAPPINESS FOUNDATION reported $11M in total revenue and $877k 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.