Bankim Shah Family Foundation Inc
Bankim Shah Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOMS RIVER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $579K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$579K
+21.2% YoY
Annual Giving
$20K
-59.9% YoY
Grant Count
5
-50.0% YoY
Avg Grant Size
$4K
-19.9% YoY
About Bankim Shah Family Foundation Inc
Based on IRS filings
Bankim Shah Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOMS RIVER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $579K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $579,127 | $477,711 | $417,735 |
| Revenue | $115,596 | $110,874 | $100,391 |
| Expenses | $19,788 | $50,898 | $29,439 |
| Qualifying Distributions | $19,607 | $48,950 | $29,436 |
| Net Investment Income | $15,596 | $10,874 | $381 |
| Distributable Amount | $24,771 | $20,743 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANKIM SHAH | President | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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