Sherali Fazal Visram Memorial

Private foundation · Grantmaker Binghamton, NY EIN: 04-3279667

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.

Sherali Fazal Visram Memorial at a glance

In short: Sherali Fazal Visram Memorial gave $10K across 2 grants in 2024 (avg $5K), top state New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$10,400
+940.0% vs 2023
Grants made (2024)
2
+100.0% vs 2023
Average grant
$5,200
+420.0% vs 2023
Median grant
$5,200
Total assets
$349,592
+13.8% vs 2023
Primary geography
New York (48% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Sherali Fazal Visram Memorial funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Malekkhanu Sherali Fazal Visram Mem: $5KMalekkhanu Sherali FazalVisram Mem$5KA Room to Heal: $5KA Room to Heal$5K

The largest 2024 recipient was Malekkhanu Sherali Fazal Visram Mem ($5K). Together the top 2 received $10K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Binghamton

How Sherali Fazal Visram Memorial gives

  • Giving grew 2500% from 2021 to 2024. Method
  • In 2024 it paid out 63% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $400 (2021) to $10K (2024). In 2024 it made 2 grants totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
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
A Room to Heal Binghamton, NYGeneral purposes$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$349,592$57,865$15,400$10,4002$10,400$33$16,438
2023$307,127$135,548—$1,0001$1,000$22$10,729
2022$171,579$49,153$3,550$1,0001$1,000$15$7,416
2021$125,976$26,008$1,700$4001$400$16$5,843
2020$101,668$23,991$3,500$2,2001—$19$4,768

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.

Leadership & Key People

Officers and directors from IRS filings

Sherali Fazal Visram Memorial is led by Amin Sherali Visram, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Amin Sherali Visram

    President

    On filings since 2020

    No compensation reported

  • Azim Visram

    Director

    On filings since 2020

    No compensation reported

  • Ally Visram

    Vice President

    On filings since 2020

    No compensation reported

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.

Frequently asked questions about Sherali Fazal Visram Memorial

How much does Sherali Fazal Visram Memorial give each year?

Sherali Fazal Visram Memorial gave $10K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.

How large is Sherali Fazal Visram Memorial?

Sherali Fazal Visram Memorial reported $350K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $16K (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 Sherali Fazal Visram Memorial operate?

Sherali Fazal Visram Memorial has awarded grants in New York.

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Sherali Fazal Visram Memorial'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.

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