Shaheen Family Foundation Inc

Private foundation · Grantmaker Carmel, IN EIN: 35-2156636

Shaheen Family Foundation Inc is a private foundation, based in Carmel, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it made $4K in qualifying distributions. Net investment income was $91K.

Key facts about Shaheen Family Foundation Inc

EIN
35-2156636
Latest 990 filing
Form 990-PF, 2025
Total assets
$2,439,924

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

+3.7% YoY

Revenue

$121K

+52.8% YoY

Qualifying Distributions

$4K

-93.3% YoY

Expenses

$32K

-60.9% YoY

Under IRS private-foundation payout rules, Shaheen Family Foundation Inc reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.

How Shaheen Family Foundation Inc gives

  • Giving fell 85% from 2021 to 2024. Method
  • In 2025 it paid out 3% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

IndianapolisBloomingtonCarmelSarasota

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M7 grants2019 16 grants2020 14 grants2021 8 grants2022 5 grants2023 8 grants2024 0 grants2025

From 2019 to 2024, annual grant giving ranged from $48K (2022) to $919K (2019). In 2024 it made 8 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

35 grants across all recorded years

34<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 35 (97%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,439,924$2,352,654$2,354,749
Revenue$121,390$79,439$8,240
Expenses$32,216$82,480$99,595
Qualifying Distributions$3,735$56,043$74,446
Net Investment Income$91,029$49,755$46,287
Distributable Amount$138,974$125,438$115,864

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 26, 2020)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 21, 2021)
  4. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  5. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  6. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  7. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 16, 2025)

Leadership & Key People

Officers and directors from IRS filings

Shaheen Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Diana Shaheen

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Gregory Shaheen

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Yvonne H. Shaheen

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

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 Shaheen Family Foundation Inc

How large is Shaheen Family Foundation Inc?

Shaheen Family Foundation Inc reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $139K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Shaheen Family Foundation Inc operate?

Shaheen Family Foundation Inc has awarded grants in Florida, Indiana.

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 2019–2025.

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

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