Sherali Fazal Visram Memorial
Sherali Fazal Visram Memorial is a private foundation, based in BINGHAMTON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $33.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$350K
+13.8% YoY
Annual Giving
$10K
+940.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$5K
+420.0% YoY
Under IRS private-foundation payout rules, Sherali Fazal Visram Memorial reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Sherali Fazal Visram Memorial
Based on IRS filings
Sherali Fazal Visram Memorial is a private foundation, based in BINGHAMTON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $33.
Ready to take the next step with Sherali Fazal Visram Memorial?
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 | $349,592 | $307,127 | $171,579 |
| Revenue | $57,865 | $135,548 | $49,153 |
| Expenses | $15,400 | — | $3,550 |
| Qualifying Distributions | $10,400 | $1,000 | $1,000 |
| Net Investment Income | $33 | $22 | $15 |
| Distributable Amount | $16,438 | $10,729 | $7,416 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Malekkhanu Sherali Fazal Visram Mem ($5,400), A Room to Heal ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A ROOM TO HEAL BINGHAMTON, NY | General purposes | $5,000 |
| Malekkhanu Sherali Fazal Visram Mem | THE CONTRIBUTION WAS PROVIDED TO ASSIST IN THE SUPPORT OF AN ORPHANAGE LOCATED IN INDIA. THE PRIMARY PURPOSE OF SHERALI FAZAL VISRAM MEMORIAL FOUNDATION, INC. IS TO DISTRIBUTE THE DONATIONS RECEIVED TO RECOGNIZED CHILDREN'S CHARITIES PRIMARILY IN INDIA. | $5,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMIN SHERALI VISRAM | President | — | — |
| AZIM VISRAM | Director | — | — |
| ALLY VISRAM | Vice President | — | — |
Frequently Asked Questions
How large is Sherali Fazal Visram Memorial?
As of 2024, Sherali Fazal Visram Memorial holds $350K in total assets with $58K in annual revenue. It awarded 2 grants totaling $10K in 2024.
Where does Sherali Fazal Visram Memorial operate?
Sherali Fazal Visram Memorial has awarded grants in New York.
What size grants does Sherali Fazal Visram Memorial award?
In 2024, Sherali Fazal Visram Memorial awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Sherali Fazal Visram Memorial required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherali Fazal Visram Memorial reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sherali Fazal Visram Memorial's EIN?
Sherali Fazal Visram Memorial's EIN (Employer Identification Number) is 04-3279667. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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