Shell Foundation
Shell Foundation is a uk registered charity that enables millions of underserved people to earn a living income with clean energy access in africa and asia. It focuses on three core customer groups: smallholder farmers, urban transporters and microentrepreneurs. These three segments represents the largest number of people whose income can be materially increased through clean energy.
Shell Foundation at a glance
In short: Shell Foundation gave $1.6M across 1 grant in 2024 (avg $1.6M), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,550,000
- -44.6% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $1,550,000
- +66.2% vs 2023
- Median grant
- $1,550,000
- Total assets
- $697,105,639
- +4.8% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Shell Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Google LLC - X Division ($1.6M).
Grant Size Distribution
25 grants across all recorded years
The most common grant size was in the $1–5M range: 11 grants of 25 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Shell Foundation gives
- Giving fell 78% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.6M (2024) to $7.2M (2021). In 2024 it made 1 grant totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Google LLC - X Division Mountain View, CA | Accelerating radical solutions with breakthrough technologies that will materially move farmers, UTs and MEs from earning below a living income to a living income | $1,550,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $697,105,639 | $45,331,982 | $22,671,900 | $1,550,000 | 1 | $19,184,622 |
| 2023 | $665,369,498 | $28,162,316 | $25,388,079 | $2,798,000 | 3 | $10,919,229 |
| 2022 | $620,710,958 | $40,738,868 | $29,685,496 | $4,650,000 | 6 | $18,063,990 |
| 2021 | $694,036,776 | $58,431,899 | $28,874,400 | $7,197,891 | 6 | $43,685,252 |
| 2020 | $653,902,489 | $52,661,980 | $43,676,445 | $6,726,823 | 9 | $30,869,907 |
About Shell Foundation
Based on IRS filings
Shell Foundation is a public charity. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $697.1M in total assets. In 2024, it awarded 1 grant totaling $1.6M. Net investment income was $19.2M.
Leadership & Key People
Officers and directors from IRS filings
Shell Foundation is led by Jonathan Berman, Chief Executive Officer on every filing since 2022; 9 of 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jonathan Berman
Chief Executive Officer
On filings since 2022
40 hrs/week
$378K (2022) → $448K (2024)
Gail Klintworth
Trustee - Chair
Trustee-Chair → Trustee - Chair, 2023
On filings since 2020
1 hr/week
$32K (2020) → $32K (2024)
Alice Georgina Chapple
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sinead Caitlin Lynch
Trustee
On filings since 2020
1 hr/week
No compensation reported
Huibert Hans Vigeveno
Trustee
On filings since 2021
1 hr/week
No compensation reported
Grzegorz Lukasz Gut
Trustee
On filings since 2022
1 hr/week
No compensation reported
Vinita Bali
Trustee
On filings since 2022
1 hr/week
No compensation reported
Jack Mugo Ngare
Trustee
On filings since 2023
1 hr/week
No compensation reported
Olufunke Olayemi Opeke
Trustee
On filings since 2023
1 hr/week
No compensation reported
Parminder Kohli
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Paul Simpson
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Nicholas Jones
Market Development Manager
On filings since 2020
40 hrs/week
$157K (2020) → $213K (2024)
Rachel Singh Davies
CFO & Company Secretary
Chief Financial Officer Acting Deputy Chief Executive Officer → Chief Financial Officer & Company Secretary, 2022
Chief Financial Officer & Company Secretary → CFO & Company Secretary, 2023
On filings since 2020
40 hrs/week
$111K (2020) → $279K (2024)
Richard Gomes
Chief Programme Officer
Acting Deputy Chief Executive Officer → Chief Operating Officer, 2022
Chief Operating Officer → Chief Programme Officer, 2023
On filings since 2020
40 hrs/week
$183K (2020) → $291K (2024)
William Sumner
Finance Manager
On filings since 2021
40 hrs/week
$194K (2023) → $201K (2024)
Meera Shah
Portfolio Lead Farmers
On filings since 2022
40 hrs/week
$228K (2023) → $249K (2024)
Emma Stephenson
Portfolio Lead Transporters
On filings since 2023
40 hrs/week
$171K (2023) → $207K (2024)
Tanya Kothari
Portfolio Lead Micro-Entrepreneurs
New on the 2024 filing
40 hrs/week
$188K (2024)
Nicholas Voges
Chief Financial & Operating Officer
New on the 2024 filing
40 hrs/week
No compensation reported
Former officers (18)
- Former: Ashish Kumar (2020–2023) — Portfolio Innovation Manager
- Former: Heidi Hafes (2023) — De & I Lead
- Former: Diana Lisa Carney (2020–2022) — Trustee
- Former: Gareth Zahir Bill (2020–2022) — Operations Director
- Former: Jordan Broadbent (2020–2022) — Senior Theme Lead Energy for Business
- Former: Wael Sawan (2020–2022) — Trustee
- Former: Fiona Hoffman-Harland (2022) — Business Development Advisor
- Former: Moazzam Chughtai (2022) — Finance Advisor
- Former: Professor Maggie Kigozi (2022) — Trustee
- Former: Wim Jonker Klunne (2022) — Hsfg Co-Ordinator
- Former: Maarten Wetselaar (2020–2021) — Trustee
- Former: Margaret Bllick Kigozi (2020–2021) — Trustee
- Former: Patricia Otero (2020–2021) — Chief Financial Officer
- Former: Sam Parker (2020–2021) — Chief Executive Officer
- Former: Emma Miller (2020) — Theme Lead
- Former: Krysten Crainshaw (2020) — Former Business Manager
- Former: Maggie Kigozi (2020) — Trustee
- Former: Malcolm Brinded (2020) — Former Trustee -
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $448K, to Mr Jonathan Berman (Chief Executive Officer). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Shell Foundation
How much does Shell Foundation give each year?
Shell Foundation gave $1.6M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.8M across 3 grants.
How large is Shell Foundation?
Shell Foundation reported $697.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $45.3M.
Where does Shell Foundation operate?
Shell Foundation has awarded grants in California, Colorado, District of Columbia, Delaware, New York, Texas, Washington.
What is Shell Foundation's EIN?
Shell Foundation's EIN (Employer Identification Number) is 98-0368454. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 30, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Shell Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Shell Foundation down — hundreds of funders to go?