Sharing Circle Foundation

Foundation · Grantmaker Katy, TX EIN: 82-3612691

Sharing Circle Foundation is a private foundation focused on Arts, Culture & Humanities, based in Katy, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $2K.

Key facts about Sharing Circle Foundation

EIN: 82-3612691
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,601
Grants made (2024): 3
Average grant: $534
Median grant: $450
Total assets: $68,079
Primary geography: Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Sharing Circle Foundation funds

By grant dollars, the top recipient states for Sharing Circle Foundation's 3 itemized 2024 grants were Texas (100%). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (3 grants).

How Sharing Circle Foundation gives

In 2024 it paid out 48% 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.

Next steps with Sharing Circle Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

+0.7% YoY

Annual Giving

$2K

Grant Count

Avg Grant Size

$533.667

Under IRS private-foundation payout rules, Sharing Circle Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Sharing Circle Foundation

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $2K (100%)

Share of all 3 itemized 2024 grant dollars.

States

Texas

Cities

DallasKatyRichmond

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$68,079	$67,596	$71,992
Revenue	$2,418	$1,159	—
Expenses	$1,752	$5,555	$2,051
Qualifying Distributions	$1,601	—	—
Net Investment Income	$2,418	—	—
Distributable Amount	$3,303	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Prana - the Essence of Life Inc ($1,001), Vadtal Dham Shree Swaminarayan ($450), American Heart Association Inc ($150).

Recipient	Purpose	Amount
PRANA - THE ESSENCE OF LIFE INC Katy, TX	DONATION	$1,001
VADTAL DHAM SHREE SWAMINARAYAN Richmond, TX	DONATION	$450
AMERICAN HEART ASSOCIATION INC Dallas, TX	DONATION	$150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Sonali Patil	President	—	—
Sandeep Patil	Vice Preside	—	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Sharing Circle Foundation?

Sharing Circle Foundation is a private foundation focused on Arts, Culture & Humanities, based in Katy, TX. It holds $68K in total assets as of 2024.

How large is Sharing Circle Foundation?

As of 2024, Sharing Circle Foundation holds $68K in total assets with $2K in annual revenue. It awarded 3 grants totaling $2K in 2024.

Where does Sharing Circle Foundation operate?

Sharing Circle Foundation has awarded grants in Texas.

What size grants does Sharing Circle Foundation award?

In 2024, Sharing Circle Foundation awarded 3 grants totaling $2K — an average of about $533.667 per grant, based on its IRS Form 990 filings.

How much is Sharing Circle Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharing Circle Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.