Sanjay Shah Foundation
The Sanjay Shah Foundation, also known as the Vistex Foundation, is a private 501(c)(3) foundation located in Hoffman Estates, Illinois. The foundation was established in 2016 and operates as a grantmaking organization focused on supporting nonprofits in health, education, and basic needs programming.
Key facts about Sanjay Shah Foundation
- EIN
- 46-1387604
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $168,000
- Grants made (2024)
- 3
- Average grant
- $56,000
- Median grant
- $26,000
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Sanjay Shah Foundation funds
By grant dollars, the top recipient states for Sanjay Shah Foundation's 3 itemized 2024 grants were Illinois (100%). None of its 3 grants with a stated purpose were described as general or operating support.
How Sanjay Shah Foundation gives
- Giving fell 37% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Sanjay Shah Foundation
- How to evaluate Sanjay Shah Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$168K
+11.9% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$56K
+123.9% YoY
Mission & Focus Areas
The foundation's primary focus areas include:
- Food pantries and food banks
- Living assistance programs
- Housing programs and support for homeless families
- Scholarship and education programs
- Health initiatives
Grantmaking
The foundation made 100 grants in the most recent year, with recent notable grants including:
Grant Range
s:**
Average Grant
$9,200
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Geographic Focus
Where this funder awards grants
The foundation operates in Illinois, with a particular focus on the Hoffman Estates area and surrounding communities.
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Year (2024):
- Total Assets: $4,370,730
- Total Revenues: $296,002
- Total Expenses: $179,805
- Investment Income and Dividends: $295,500
Prior Year (2023):
- Total Assets: $4,260,000
- Total Revenues: $369,000
- Total Expenses: $154,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fellowship Housing Corporation ($132,000), Harper College Educational Foundation ($26,000), College of Dupage Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FELLOWSHIP HOUSING CORPORATION Hoffman Estates, IL | SUPPORT FOR HOMELESS FAMILIES | $132,000 |
| HARPER COLLEGE EDUCATIONAL FOUNDATION Palatine, IL | SCHOLARSHIP PROGRAMS | $26,000 |
| COLLEGE OF DUPAGE FOUNDATION Glen Ellyn, IL | SCHOLARSHIPS PROGRAMS | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Sanjay Shah - Founder and President (deceased January 2024)
- Arun Roy - Treasurer
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hemali Shah | President | 1 | — |
| Arun Roy | Treasurer | 1 | — |
Recent News & Activity
Recent developments and announcements
Sanjay Shah, the founder of Vistex and founder of the Sanjay Shah Foundation, passed away unexpectedly on January 22, 2024, following a tragic accident at a company event on January 18, 2024. Shah was described as an extraordinary leader and self-made entrepreneur who had a deep-felt desire to give back to the community through the foundation's philanthropic work.
Wadhwani Foundation appoints Sanjay Shah as Chief Operating Officer for IndiaSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Sanjay Shah Foundation fund?
The foundation's primary focus areas include: • Food pantries and food banks • Living assistance programs • Housing programs and support for homeless families • Scholarship and education programs • Health initiatives
How do I apply for a grant from Sanjay Shah Foundation?
**Grant Activity:** The foundation made 100 grants in the most recent year, with recent notable grants including: • Fellowship Housing Corporation: $132,000 (Support for Homeless Families, 2024) • William Rainey Harper College Educational Foundation: $26,000 (Scholarship Programs, 2024) • College of DuPage Foundation: $10,000 (Scholarship Programs, 2024) **Grant Sizes:** • Median grant size: $7,500 • Average grant size: $9,200
Where does Sanjay Shah Foundation make grants?
The foundation operates in Illinois, with a particular focus on the Hoffman Estates area and surrounding communities.
What size grants does Sanjay Shah Foundation award?
In 2024, Sanjay Shah Foundation awarded 3 grants totaling $168K — an average of about $56K per grant, based on its IRS Form 990 filings.
What is Sanjay Shah Foundation's EIN?
Sanjay Shah Foundation's EIN (Employer Identification Number) is 46-1387604. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.