Drs Ila & Vinod Shah Foundation Inc
MECHANICSVILLE, MD EIN: 83-2419849
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.6M
+0.5% YoY
Annual Giving
$73K
-19.3% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$9K
-19.3% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,594,904 | $1,587,315 | $1,612,865 |
| Revenue | $80,739 | $65,100 | $15,879 |
| Expenses | $73,150 | $90,650 | $102,650 |
| Qualifying Distributions | $73,000 | $90,500 | $101,600 |
| Net Investment Income | $80,589 | $44,950 | $14,829 |
| Distributable Amount | $76,789 | $76,886 | $80,747 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Drs Ila & Vinod Shah Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VINOD K SHAH | PRESIDENT | 1 | — |
| ILA V SHAH | VICE PRESIDE | 1 | — |
| AMISH V SHAH | SECRETARY/TR | 1 | — |
| MEENA V SHAH | OFFICER | 1 | — |
| NIMESH KHATRI | OFFICER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
New York $95K (22%)
Maryland $77K (18%)
Illinois $71K (17%)
Indiana $61K (14%)
New Jersey $42K (10%)
District of Columbia $40K (9%)
Tennessee $20K (5%)
Pennsylvania $13K (3%)
+2 more states
States
Cities
BerkeleyBethesdaCharlotte HallChicagoColumbiaIndianapolisIselinKirklandMcminnvilleNapervillePiscatawayPotomacRochelle ParkRye BrookSchuykill HavenSchuylkill HavenWashingtonWheaton
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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