Edward a and Ai O Shay Family Foundation

LOS ANGELES, CA EIN: 68-0666992

Edward a and Ai O Shay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $40.1M in total assets. In 2024, it awarded 1 grants totaling $1.8M. Net investment income was $1.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$40.1M

+6.1% YoY

Annual Giving

$1.8M

+37.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.8M

+37.6% YoY

Under IRS private-foundation payout rules, Edward a and Ai O Shay Family Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Edward a and Ai O Shay Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $8.6M (100%)

States

California

Cities

Los Angeles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$40,129,825	$37,812,197	$31,411,902
Revenue	$1,724,614	$5,168,388	$958,778
Expenses	$2,260,755	$1,757,483	$2,124,807
Qualifying Distributions	$1,729,750	$1,789,750	$1,765,813
Net Investment Income	$1,358,661	$2,604,525	$581,983
Distributable Amount	$1,944,858	$1,756,656	$1,839,954

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charitable Org-see Attached Schedule ($1,797,420).

Recipient	Purpose	Amount
CHARITABLE ORG-SEE ATTACHED SCHEDULE LOS ANGELES, CA	CHARITABLE PURPOSE OF THE ORGANIZATION	$1,797,420

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LOREN ROTHSCHILD	Trustee	0.5	—
PAUL H NANKIVELL II	Trustee	0.5	—
ALLEN E SHAY	CO-TRUSTEE	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Edward a and Ai O Shay Family Foundation?

Edward a and Ai O Shay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $40.1M in total assets as of 2024.

How large is Edward a and Ai O Shay Family Foundation?

As of 2024, Edward a and Ai O Shay Family Foundation holds $40.1M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $1.8M in 2024.

Where does Edward a and Ai O Shay Family Foundation operate?

Edward a and Ai O Shay Family Foundation has awarded grants in California.

What size grants does Edward a and Ai O Shay Family Foundation award?

In 2024, Edward a and Ai O Shay Family Foundation awarded 1 grants totaling $1.8M — an average of about $1.8M per grant, based on its IRS Form 990 filings.

How much is Edward a and Ai O Shay Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward a and Ai O Shay Family Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward a and Ai O Shay Family Foundation's EIN?

Edward a and Ai O Shay Family Foundation's EIN (Employer Identification Number) is 68-0666992. IRS Form 990 filing data is available on this page for 2020–2024.