Shaheen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $52K. Net investment income was $50K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-0.1% YoY
Annual Giving
$52K
-24.6% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$6K
-52.9% YoY
Under IRS private-foundation payout rules, Shaheen Family Foundation Inc reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
About Shaheen Family Foundation Inc
Based on IRS filings
Shaheen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $52K. Net investment income was $50K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,352,654 | $2,354,749 | $2,445,739 |
| Revenue | $79,439 | $8,240 | $75,858 |
| Expenses | $82,480 | $99,595 | $84,049 |
| Qualifying Distributions | $56,043 | $74,446 | $54,152 |
| Net Investment Income | $49,755 | $46,287 | $49,724 |
| Distributable Amount | $125,438 | $115,864 | $121,779 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indianapolis Symphony Orchestra ($26,851), Christel House International Inc ($5,000), Gleaners Food Bank of Indiana Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRISTEL HOUSE INTERNATIONAL INC INDIANAPOLIS, IN | ALLEVIATING POVERTY THROUGH EDUCATION | $5,000 |
| GLEANERS FOOD BANK OF INDIANA INC INDIANAPOLIS, IN | ANNUAL FUND | $5,000 |
| INDIANAPOLIS SYMPHONY ORCHESTRA INDIANAPOLIS, IN | SYMPHONY ON THE PRAIRIE, NEW MUSIC DIRECTOR, SUMMER INTERN PROGRAM, ANNUAL FUND | $26,851 |
| UNIVERSITY OF INDIANAPOLIS INDIANAPOLIS, IN | UINDY FUND | $5,000 |
| WOMEN4CHANGE INDIANA INDIANAPOLIS, IN | EDUCATIONAL PROGRAMMING | $2,500 |
| ESKENAZI HEALTH FOUNDATION CARMEL, IN | BEYOND BARRIERS CAMPAIGN | $5,000 |
| DRESS FOR SUCCESS INDIANAPOLIS INDIANAPOLIS, IN | ANNUAL FUND | $1,000 |
| DOWNTOWN INDY INDIANAPOLIS, IN | DICK LUGAR MEMORIAL | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YVONNE H SHAHEEN | TRUSTEE | 2 | — |
| GREGORY SHAHEEN | TRUSTEE | 2 | — |
| DIANA SHAHEEN | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shaheen Family Foundation Inc?
Shaheen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds $2.4M in total assets as of 2024.
How large is Shaheen Family Foundation Inc?
As of 2024, Shaheen Family Foundation Inc holds $2.4M in total assets with $79K in annual revenue. It awarded 8 grants totaling $52K in 2024.
Where does Shaheen Family Foundation Inc operate?
Shaheen Family Foundation Inc has awarded grants in Florida, Indiana.
What size grants does Shaheen Family Foundation Inc award?
In 2024, Shaheen Family Foundation Inc awarded 8 grants totaling $52K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Shaheen Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shaheen Family Foundation Inc reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shaheen Family Foundation Inc's EIN?
Shaheen Family Foundation Inc's EIN (Employer Identification Number) is 35-2156636. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Shaheen Family Foundation Inc'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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