Nonprofit · EIN 35-2433421
SHAH FAMILY FOUNDATION INC
Tax-exempt · ATLANTA, GA 30326
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $875,480 | $355,200 | $520,280 | $10,061,713 | $0 | $10,061,713 |
| December 31, 2023 | 990-PF | $419,736 | $128,059 | $291,677 | $9,098,419 | $0 | $9,098,419 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $30,000
- Dividends
- $296,448
- Net gain from sales of assets
- $410,517
- Other income
- $138,515
Expenses
- Grants and similar amounts paid
- $333,138
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $337,235
- Excise tax on investment income
- $10,713
Balance sheet and other
- Total assets, start of year
- $9,098,419
- Total assets, end of year
- $10,061,713
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,061,713
- Fair market value of assets
- $10,061,713
- Qualifying distributions
- $337,235
- Net investment income
- $785,680
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RESHMA SHAH 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | PRESIDENT | 2 | $0 |
| RAJESH SHAH 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
| MIKE DRUM 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
| JUSTIN BERMAN 3445 PEACHTREE ROAD SUITE 1400, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RESHMA SHAH 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | PRESIDENT | 2 | $0 |
| RAJESH SHAH 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
| MIKE DRUM 3424 PEACHTREE ROAD NE - STE 2000, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
| JUSTIN BERMAN 3445 PEACHTREE ROAD SUITE 1400, ATLANTA, GA 30326 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3424 PEACHTREE RD NE STE 2000, ATLANTA, GA 30326-1147
- Signed the 990-PF
- RESHMA M SHAH, PRESIDENT
- Phone
- (404) 419-1000
- Return prepared by
- CRI ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 35-2433421
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $10,061,713
- Income (IRS master file)
- $1,680,179
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $875,480 | $355,200 | $10,061,713 | XML |
| 990-PF | December 2023 | $419,736 | $128,059 | $9,098,419 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2433421).
Questions about SHAH FAMILY FOUNDATION INC
- What is the EIN of SHAH FAMILY FOUNDATION INC?
- The employer identification number (EIN) of SHAH FAMILY FOUNDATION INC is 35-2433421.
- Is SHAH FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SHAH FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHAH FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHAH FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHAH FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SHAH FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SHAH FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $875,480, expenses of $355,200 and total assets of $10,061,713 at year end.
Other nonprofits in ATLANTA
- LETTIE PATE EVANS FOUNDATION INC TRUSTEE OF THE RESTRICTED FUND UW EIN 23-7282939 · last filed 990 for 2025
- ROBERT W WOODRUFF FOUNDATION INC EIN 58-1695425 · last filed 990-PF for 2025
- THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC EIN 58-1344646 · last filed 990 for 2024
- THE ARTHUR M BLANK FAMILY FOUNDATION EIN 38-3983213 · last filed 990-PF for 2024
- LETTIE PATE WHITEHEAD FOUNDATION INC EIN 58-6012629 · last filed 990 for 2024
- FORWARD AMERICA INC EIN 33-1273009 · last filed 990 for 2024
- JOHN BULOW CAMPBELL FOUNDATION EIN 58-0566149 · last filed 990-PF for 2024
- UNITED WAY OF GREATER ATLANTA INC EIN 58-0566194 · last filed 990 for 2025
All nonprofits in ATLANTA · Georgia · Philanthropy, voluntarism and grantmaking foundations