Shah Happiness Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 4 grants totaling $829K. Net investment income was $235K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.3M
+81.3% YoY
Annual Giving
$829K
-63.1% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$207K
-72.4% YoY
Under IRS private-foundation payout rules, Shah Happiness Foundation reported a distributable amount of $242K for 2024 — the minimum it must pay out in qualifying distributions.
About Shah Happiness Foundation
Based on IRS filings
Shah Happiness Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 4 grants totaling $829K. Net investment income was $235K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,328,511 | $5,146,039 | $1,240,746 |
| Revenue | $11,009,666 | $6,168,982 | $1,258,582 |
| Expenses | $877,493 | $2,263,689 | $17,836 |
| Qualifying Distributions | $3,870,793 | $2,255,570 | $17,836 |
| Net Investment Income | $234,871 | $105,982 | $8,582 |
| Distributable Amount | $241,925 | $108,108 | $39,740 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pennsylvania ($500,000), Jivan Jyot Drug Bank ($280,250), Bharatiya Vidya Bhavan Usa Inc ($34,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | TO SUPPORT THE UNIVERSITY OF PENNSYLVANIA AS A LEADING ACADEMIC, RESEARCH, AND SERVICE INSTITUTION. | $500,000 |
| CREATING CARE FOUNDATION ANAHEIM, CA | TO CARRY OUT PROGRAMS TO IMPROVE THE QUALITY OF SCHOOL FACILITIES, HEALTH CENTERS AND HELP PEOPLE IN POVERTY WITH FOOD AID. | $14,925 |
| BHARATIYA VIDYA BHAVAN USA INC | BHARATIYA VIDYA BHAVAN IS A FOREIGN ORGANIZATION. AN EQUIVALENCY DETERMINATION WAS OBTAINED FROM A QUALIFIED TAX PRACTITIONER, CONFIRMING THAT BHARATIYA VIDYA BHAVAN IS THE EQUIVALENT OF A U.S. PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) AND QUALIFIES AS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) AND 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, EXPENDITURE RESPONSIBILITY WAS NOT REQUIRED FOR THIS GRANT. | $34,000 |
| JIVAN JYOT DRUG BANK | JIVAN-JYOT DRUG BANK IS A FOREIGN ORGANIZATION. AN EQUIVALENCY DETERMINATION WAS OBTAINED FROM A QUALIFIED TAX PRACTITIONER, CONFIRMING THAT JIVAN-JYOT DRUG BANK IS THE EQUIVALENT OF A U.S. PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) AND QUALIFIES AS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) AND 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, EXPENDITURE RESPONSIBILITY WAS NOT REQUIRED FOR THIS GRANT. | $280,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MANAHAR SHAH | DIRECTOR AND PRESIDENT | 5 | — |
| CHANDRIKA SHAH | DIRECTOR; SECRETARY; TREASURER | 0.5 | — |
| RUPESH SHAH | DIRECTOR; VICE PRESIDENT | 0.5 | — |
| RAJESH SHAH | DIRECTOR; VICE PRESIDENT | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shah Happiness Foundation?
Shah Happiness Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. It holds $9.3M in total assets as of 2024.
How large is Shah Happiness Foundation?
As of 2024, Shah Happiness Foundation holds $9.3M in total assets with $11.0M in annual revenue. It awarded 4 grants totaling $829K in 2024.
Where does Shah Happiness Foundation operate?
Shah Happiness Foundation has awarded grants in California, Pennsylvania.
What size grants does Shah Happiness Foundation award?
In 2024, Shah Happiness Foundation awarded 4 grants totaling $829K — an average of about $207K per grant, based on its IRS Form 990 filings.
How much is Shah Happiness Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shah Happiness Foundation reported a distributable amount of $242K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shah Happiness Foundation's EIN?
Shah Happiness Foundation's EIN (Employer Identification Number) is 87-4549199. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Shah Happiness Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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