Abantika Piyush Shah Foundation Inc

BONITA SPRINGS, FL EIN: 20-1320572

Abantika Piyush Shah Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.9M in total assets. In 2024, it awarded 5 grants totaling $1.5M. Net investment income was $1.8M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.9M

+1.9% YoY

Annual Giving

$1.5M

+75018.0% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$300K

+44970.8% YoY

Under IRS private-foundation payout rules, Abantika Piyush Shah Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About Abantika Piyush Shah Foundation Inc

Based on IRS filings

Abantika Piyush Shah Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.9M in total assets. In 2024, it awarded 5 grants totaling $1.5M. Net investment income was $1.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AllentownAmericusAtlantaBethesdaBonita SpringsBrierFort MyersGermantownHagerstownJacksonvilleMiddletownNaplesNew YorkPhiladelphiaSaylorsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$552K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$21,887,531$21,476,410$20,684,516
Revenue$2,006,084$926,567$680,375
Expenses$1,594,963$134,673$1,440,472
Qualifying Distributions$1,502,360$2,000$1,337,600
Net Investment Income$1,824,398$774,825$595,989
Distributable Amount$1,734,048$1,478,549$1,470,392

Giving Over Time

Total grant dollars and number of grants per year

$0$376K$751K$1M$2M6 grants20204 grants20217 grants20223 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

ADHYATMA VIDYA MANDIR$1.5MRAAGA INC$1KHEALTH WELL FOUNDATION$1KHABITAT FOR HUMANITY$100WOUNDED WARRIER PROJECT$60

Grant Size Distribution

25 grants across all recorded years

20<$50K1$50–100K1$100–250K1$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Adhyatma Vidya Mandir ($1,500,000), Raaga Inc ($1,200), Health Well Foundation ($1,000).

RecipientPurposeAmount
ADHYATMA VIDYA MANDIR EDUCATION & LITERACY, ANY OTHER ART & CULTURE$1,500,000
HABITAT FOR HUMANITY AMERICUS, GAHOUSING$100
HEALTH WELL FOUNDATION GERMANTOWN, MDEDUCATION$1,000
RAAGA INC FORT MYERS, FLSUPPORTING INDIAN PERFORMING ARTS AND CULTURESUPPORTING INDIAN ARTS AND CULTURE$1,200
WOUNDED WARRIER PROJECT JACKSONVILLE, FLMEDIAL INOVATIONMEDICAL INOVATIONMEDICAL INOVATION$60

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PIYUSH A SHAHPRESIDENT2
WALTER C DERRASSISTANT SECRETARY1
WALTER C DERRASSISTANT TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Abantika Piyush Shah Foundation Inc?

Abantika Piyush Shah Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. It holds $21.9M in total assets as of 2024.

How large is Abantika Piyush Shah Foundation Inc?

As of 2024, Abantika Piyush Shah Foundation Inc holds $21.9M in total assets with $2.0M in annual revenue. It awarded 5 grants totaling $1.5M in 2024.

Where does Abantika Piyush Shah Foundation Inc operate?

Abantika Piyush Shah Foundation Inc has awarded grants in Florida, Georgia, Maryland, New York, Pennsylvania, Washington.

What size grants does Abantika Piyush Shah Foundation Inc award?

In 2024, Abantika Piyush Shah Foundation Inc awarded 5 grants totaling $1.5M — an average of about $300K per grant, based on its IRS Form 990 filings.

How much is Abantika Piyush Shah Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Abantika Piyush Shah Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Abantika Piyush Shah Foundation Inc's EIN?

Abantika Piyush Shah Foundation Inc's EIN (Employer Identification Number) is 20-1320572. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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