Edward a and Ai O Shay Family Foundation
Edward a and Ai O Shay Family Foundation is a private foundation, 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 grant totaling $1.8M. Net investment income was $1.4M.
Edward a and Ai O Shay Family Foundation at a glance
In short: Edward a and Ai O Shay Family Foundation gave $1.8M across 1 grant in 2024 (avg $1.8M), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,797,420
- +37.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $1,797,420
- +37.6% vs 2023
- Median grant
- $1,797,420
- Total assets
- $40,129,825
- +6.1% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Edward a and Ai O Shay Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Charitable Org-See Attached Schedule ($1.8M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Edward a and Ai O Shay Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.3M (2023) to $1.9M (2020). In 2024 it made 1 grant totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charitable Org-See Attached Schedule Los Angeles, CA | Charitable Purpose of the Organization | $1,797,420 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $40,129,825 | $1,724,614 | $2,260,755 | $1,797,420 | 1 | $1,729,750 | $1,358,661 | $1,944,858 |
| 2023 | $37,812,197 | $5,168,388 | $1,757,483 | $1,305,847 | 1 | $1,789,750 | $2,604,525 | $1,756,656 |
| 2022 | $31,411,902 | $958,778 | $2,124,807 | $1,710,000 | 1 | $1,765,813 | $581,983 | $1,839,954 |
| 2021 | $43,048,693 | $13,310,164 | $2,321,261 | $1,813,828 | 1 | $1,813,828 | $2,684,954 | $2,006,827 |
| 2020 | $25,108,652 | $331,667 | $2,250,298 | $1,940,000 | 1 | — | $136,486 | $1,393,020 |
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.
Leadership & Key People
Officers and directors from IRS filings
Edward a and Ai O Shay Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Loren Rothschild
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Paul H. Nankivell II
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Allen E. Shay
Co-Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Edward a and Ai O Shay Family Foundation
How much does Edward a and Ai O Shay Family Foundation give each year?
Edward a and Ai O Shay Family Foundation gave $1.8M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 1 grant.
How large is Edward a and Ai O Shay Family Foundation?
Edward a and Ai O Shay Family Foundation reported $40.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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 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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Edward a and Ai O Shay Family Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/edward-a-and-ai-o-shay-family-foundation-morg_eb96b6696ff04e67bdcf0cb830c4d643
BibTeX
@misc{grantable_680666992_2026,
author = {{Grantable}},
title = {{Edward a and Ai O Shay Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/edward-a-and-ai-o-shay-family-foundation-morg_eb96b6696ff04e67bdcf0cb830c4d643},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Edward a and Ai O Shay Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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