Indian Diamond and Color-Stone logo

Indian Diamond and Color-Stone

501(c)(6) organization New York, NY EIN: 13-3211019 Website

Make members aware of current trends, developments and issues facing the industry.

Key facts about Indian Diamond and Color-Stone

In short: Indian Diamond and Color-Stone gave $5K across 1 grant in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990.

EIN
13-3211019
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$5,400
Grants made (2025)
1
Average grant
$5,400
Median grant
$5,400
Total assets
$385,484
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$385K

-5.9% YoY

Annual Giving

$5K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$5K

+0.0% YoY

How Indian Diamond and Color-Stone gives

  • Giving fell 78% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Indian Diamond and Color-Stone

Based on IRS filings

Indian Diamond and Color-Stone is a public charity, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $385K in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2019 0 grants2020 2 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $5K (2019) to $25K (2022). In 2025 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Jewelers for Children: $5KJewelers for Children$5K

The largest 2025 recipient was Jewelers for Children ($5K).

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewelers for Children New York, NYTo Help the Children$5,400

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$385,484$409,545$465,240
Revenue$252,857$339,125$668,029
Expenses$281,028$353,263$646,253
Net Investment Income$9,077$14,175$12,949

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Indian Diamond and Color-Stone is led by Shekhar Shah, President since 2025 (on filings since 2019); none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Shekhar Shah

    President

    Secretary → President, 2025

    On filings since 2019

    No compensation reported

  • Parag Jain

    Director

    Director → Joint Secretary, 2020

    Joint Secretary → Director, 2024

    On filings since 2019

    No compensation reported

  • Saumil Parikh

    Director

    On filings since 2024

    No compensation reported

  • Vineet Bokaria

    Director

    On filings since 2024

    No compensation reported

  • Yatish Dangayach

    Director

    On filings since 2024

    No compensation reported

  • Amit Bardia

    Director

    New on the 2025 filing

    No compensation reported

  • Arya Sanghavi

    Director

    New on the 2025 filing

    No compensation reported

  • Hemant Phophaliya

    Director

    New on the 2025 filing

    No compensation reported

  • Vaibhav Kothari

    Director

    New on the 2025 filing

    No compensation reported

  • Vishal Shah

    Vice President

    Director → Treasurer, 2024

    Treasurer → Vice President, 2025

    On filings since 2023

    No compensation reported

  • Ajay Javeri

    Joint Secretary

    Director → Joint Secretary, 2025

    On filings since 2024

    No compensation reported

  • Jay Mehta

    Secretary

    Joint Secretary → Secretary, 2025

    On filings since 2024

    No compensation reported

  • Vishal Kotahwala

    Treasurer

    Director → Treasurer, 2025

    On filings since 2024

    No compensation reported

Former officers (25)
  • Former: Manoj Bhandari (2021–2024) — President
  • Former: Nimish Mehta (2021–2024) — Director
  • Former: Shailesh Jhalani (2021–2024) — Director
  • Former: Kunal Shah (2023–2024) — Vice President
  • Former: Haridas Kotahwala (2019–2023) — President
  • Former: Aniket Parikh (2020–2023) — Vice President
  • Former: Anshal Shah (2020–2023) — Director
  • Former: Kailash Rawat (2020–2023) — Director
  • Former: Navneet Chordia (2020–2023) — Treasurer
  • Former: Vibhor Saraf (2020–2023) — Joint Secretary
  • Former: Akshat Sanghavi (2022–2023) — Director
  • Former: Jihan Vaghashiya (2022–2023) — Director
  • Former: Rutali Gandhi (2019–2022) — Treasurer
  • Former: Vinit Jobanputra (2021–2022) — Vice President
  • Former: Sailesh Lakhi (2019–2021) — Treasurer
  • Former: Rajeev Pandya (2020–2021) — President
  • Former: Vipul Shah (2020–2021) — Director
  • Former: Amit Jhalani (2019–2020) — Treasurer
  • Former: Sujan Doshi (2019–2020) — Director
  • Former: Nilesh Sheth (2019) — Director
  • Former: Nitin Jobanputra (2019) — Vice President
  • Former: Prakash Mehta (2019) — Director
  • Former: Prashant Mehta (2019) — Director
  • Former: Shiksha Naheta (2019) — Joint Secretary
  • Former: Shrenil Bhansali (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Indian Diamond and Color-Stone

How much does Indian Diamond and Color-Stone give each year?

Indian Diamond and Color-Stone gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5K across 1 grant.

How large is Indian Diamond and Color-Stone?

Indian Diamond and Color-Stone reported $385K in total assets on its 2025 IRS Form 990. Its revenue that year was $253K.

Where does Indian Diamond and Color-Stone operate?

Indian Diamond and Color-Stone has awarded grants in New York.

What is Indian Diamond and Color-Stone's EIN?

Indian Diamond and Color-Stone's EIN (Employer Identification Number) is 13-3211019. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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