Krishnan-Shah Family Foundation Inc

Foundation · Grantmaker San Francisco, CA EIN: 94-3288599

The Krishnan-Shah Family Foundation Inc is a private family foundation established in 1997 and based in San Francisco, California. The foundation operates as a 501(c)(3) tax-exempt organization (EIN: 94-3288599) and is classified as a corporate foundation. It functions as a traditional family foundation with no public-facing grant application process.

Key facts about Krishnan-Shah Family Foundation Inc

EIN
94-3288599
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,661,000
Grants made (2024)
41
Average grant
$89,293
Median grant
$25,000
New grantees (estimate)
59% first-time grantees (24 of 41, 2024)
Primary geography
California (49% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Krishnan-Shah Family Foundation Inc funds

By grant dollars, the top recipient states for Krishnan-Shah Family Foundation Inc's 41 itemized 2024 grants were California (49%) and District of Columbia (19%). The most frequent recipient cities were Washington, DC (4 grants), San Francisco, CA (4 grants), Berkeley, CA (3 grants) and San Jose, CA (3 grants). None of its 41 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Charitable Purposes" (41 grants).

Is Krishnan-Shah Family Foundation Inc open to new grantees?

59%

first-time grantees, 2024

In 2024, 24 of 41 grantees (59%) were first-time recipients. First grants averaged $108K; repeat grants $63K. How we count

Medians: $38K first-time, $20K repeat.

  • 37% of 2024 grantees were also funded in 2023. Method
  • Giving grew 49% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2018–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$3.7M

+2.3% YoY

Grant Count

41

-18.0% YoY

Avg Grant Size

$89K

+24.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's stated purpose is giving to organizations for the health, education, and cultural development of youth and families.

Grantmaking

The foundation made approximately $3.0-3.6 million in charitable grants during recent fiscal years. In 2023, the foundation disbursed $3,577,586 in total giving across 35 awards to various organizations.

How to Apply

. Grants are awarded at the discretion of the board of directors based on established relationships and identified priorities.

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Geographic Focus

Where this funder awards grants

The foundation appears to have a national geographic focus, though it is based in San Francisco, California.

Grant Distribution by State

11states

Share of all 41 itemized 2024 grant dollars.

Cities

San FranciscoSan JoseMilpitasBerkeleyPalo AltoSanta ClaraStanfordNew YorkOaklandWashingtonEast Palo AltoKapaaLivermoreLos AngelesMontgomeryMorristownSan CarlosFolsomMountain ViewRedwood Valley

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $63,700,817
  • Total Revenue: $13,621,181
  • Total Expenses: $4,402,488
  • Total Liabilities: $1,620,000
  • Investment Income and Dividends: $804,845

As of 2024:

  • Total Assets: $67,400,000 (estimated)
  • Annual Giving: $3,030,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201820202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 2, 2026)
  2. IRS filings on file for fiscal years 2018–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$915K$2M$3M$4M30 grants201829 grants202027 grants202135 grants202250 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Aim (American Indian Foundation): $788KAim (American IndianFoundation)$788KAccion Equity Campaign: $600KAccion Equity Campaign$600KSilicon Valley Community Foundation: $450KSilicon Valley CommunityFoundation$450KIndia Energy and Climate Center: $250KIndia Energy and ClimateCenter$250KKqed: $200KKqed$200KThe Board of Trustees of the Leland Stanford Junior University: $200KThe Board of Trustees of theLeland Stanford Junior…$200KThe Proximity Fund: $150KThe Proximity Fund$150KDigital Nest: $100KDigital Nest$100KLondon School of Economics: $100KLondon School of Economics$100KMerit America: $100KMerit America$100K

Grant Size Distribution

182 grants across all recorded years

131<$50K18$50–100K19$100–250K4$250–500K8$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Aim (American Indian Foundation) ($787,500), Accion Equity Campaign ($600,000), Silicon Valley Community Foundation ($450,000).

RecipientPurposeAmount
AIM (AMERICAN INDIAN FOUNDATION) TO SUPPORT CHARITABLE PURPOSES$787,500
ACCION EQUITY CAMPAIGN Washington, DCTO SUPPORT CHARITABLE PURPOSES$600,000
SILICON VALLEY COMMUNITY FOUNDATION Mountain View, CATO SUPPORT CHARITABLE PURPOSES$450,000
INDIA ENERGY AND CLIMATE CENTER Berkeley, CATO SUPPORT CHARITABLE PURPOSES$250,000
KQED San Jose, CATO SUPPORT CHARITABLE PURPOSES$200,000
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Stanford, CATO SUPPORT CHARITABLE PURPOSES$200,000
THE PROXIMITY FUND NY, NYTO SUPPORT CHARITABLE PURPOSES$150,000
DIGITAL NEST Watsonville, CATO SUPPORT CHARITABLE PURPOSES$100,000
LONDON SCHOOL OF ECONOMICS TO SUPPORT CHARITABLE PURPOSES$100,000
MERIT AMERICA Washington, DCTO SUPPORT CHARITABLE PURPOSES$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by three directors who serve without compensation:

  • Lata K Shah - President and Director
  • Ajay B Shah - Secretary and Director
  • Raj Krishnan - Director

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Lata K ShahPresident/Director1—
Ajay B ShahSecretary/Director1—
Raj KrishnanDirector1—

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting educational and health initiatives. Recent announcements indicate the foundation's involvement in:

Supporting the American India Foundation's Fellowship Program with a $5 million gift

As American India Foundation Celebrates its 20th Anniversary, Lata Krishnan

Contributing to educational initiatives at the University of Pennsylvania

Supporting health and healing initiatives through major institutional partnerships

Funding endowment programs for students with disabilities in Canada

Canada\u2019s Shah family donates $1.3 mn to students with disabilities

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Krishnan-Shah Family Foundation Inc fund?

The foundation's stated purpose is giving to organizations for the health, education, and cultural development of youth and families.

How do I apply for a grant from Krishnan-Shah Family Foundation Inc?

The foundation made approximately $3.0-3.6 million in charitable grants during recent fiscal years. In 2023, the foundation disbursed $3,577,586 in total giving across 35 awards to various organizations. Recent documented grants include: • Silicon Valley Community Foundation: $808,086 (2023) • Accion Opportunity Fund: $600,000 (2023) • University of California Berkeley Foundation: $250,000 (2023) The foundation does not maintain a public application process. Grants are awarded at the discretion…

Where does Krishnan-Shah Family Foundation Inc make grants?

The foundation appears to have a national geographic focus, though it is based in San Francisco, California.

What size grants does Krishnan-Shah Family Foundation Inc award?

In 2024, Krishnan-Shah Family Foundation Inc awarded 41 grants totaling $3.7M — an average of about $89K per grant, based on its IRS Form 990 filings.

What is Krishnan-Shah Family Foundation Inc's EIN?

Krishnan-Shah Family Foundation Inc's EIN (Employer Identification Number) is 94-3288599. IRS Form 990 filing data is available on this page for 2018–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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