SHG Foundation
SHG Foundation is a private foundation based in San Francisco, California. It supports other charitable organizations exempt under IRC Section 501(c)(3) through contributions and reports that it does not conduct direct charitable activities.
SHG Foundation at a glance
In short: SHG Foundation gave $82K across 12 grants in 2024 (avg $7K), mostly in California. 75% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $82,200
- +58.1% vs 2023
- Grants made (2024)
- 12
- +71.4% vs 2023
- Average grant
- $6,850
- -7.8% vs 2023
- Median grant
- $5,000
- Total assets
- $868,795
- -0.4% vs 2023
- New grantees (estimate)
- 75% first-time grantees (9 of 12, 2024; small sample)
- Primary geography
- California (72% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SHG Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 3450 Sacramento Street 615, San Francisco, CA 94118
Phone: (415) 922-9802
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SHG Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was U-Go ($20K). Together the top 10 received $82K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 36 grants of 40 (90%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars went to recipients in California (72%), Texas (12%), Pennsylvania (9%), and Vermont (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
States
Cities
Is SHG Foundation open to new grantees?
75%
first-time grantees, 2024
In 2024, 9 of 12 grantees (75%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $5K; repeat grants $12K. How we count
Medians: $5K first-time, $10K repeat.
- 17% of 2024 grantees were also funded in 2023. Method
- Giving fell 61% from 2021 to 2024. Method
- In 2024 it paid out 131% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $52K (2023) to $211K (2021). In 2024 it made 12 grants totaling $82K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| U-Go Solana Beach, CA | For Charitable Purposes | $20,000 |
| Room to Read San Francisco, CA | Provide Books for Libraries in Rural Areas. | $10,000 |
| AKSHAYA PATRAhome of hope Fremont, CA | Provide school lunches to children in low income communities | $10,000 |
| Foundation for Promotion of Sportsg Los Gatos, CA | Sports & Recreation | $10,000 |
| Ashajyothi USA Frisco, TX | Child Safety | $10,000 |
| Enacte Arts Sunnyvale, CA | Theater Eduction | $5,000 |
| Arogya World Spring House, PA | Child Safety | $5,000 |
| Green Mountain Club Waterbury Center, VT | For Charitable Purposes | $5,000 |
| Free Books for Kids Sacramento, CA | Provide Books to Children | $4,000 |
| Aim for Seva Saylorsburg, PA | For Charitable Purposes | $2,500 |
Ready to take the next step with SHG Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $868,795 | $82,712 | $86,092 | $82,200 | 12 | $82,200 | $69,995 | $62,517 |
| 2023 | $872,175 | $747,374 | $583,469 | $52,000 | 7 | $52,000 | $39,450 | $48,424 |
| 2022 | $708,270 | $766,180 | $739,811 | $186,960 | 7 | $186,960 | $52,084 | $44,857 |
| 2021 | $681,901 | $927,360 | $759,208 | $210,500 | 8 | $210,550 | $90,993 | $46,765 |
| 2020 | $513,749 | $586,068 | $497,744 | $140,000 | 6 | — | $47,815 | $36,767 |
Under IRS private-foundation payout rules, SHG Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that its primary purpose is to support charitable organizations through contributions. Its 2024 grants included support for education, child safety, sports and recreation, and other charitable purposes. These are purposes listed for individual grants, not a stated foundation-wide mission or set of focus areas.
Among its grantees, Room to Read describes its mission as working toward a world free from illiteracy and gender inequality, where children have room to read, learn, and grow. Ashajyothi USA describes its mission as supporting children with special needs through holistic interventions and empowering local organizations, mainly in India, to advocate for child rights.
Grantmaking
In 2024, the foundation gave $82,200 through 12 grants. Grant amounts ranged from $200 to $20,000, with a median grant of $5,000. Notable grants included $20,000 to U-GO; $10,000 each to Room to Read, Akshaya Patrahome of Hope, Foundation for Promotion of Sportsg, and Ashajyothi USA; and $5,000 each to Enacte Arts, Arogya World, and Green Mountain Club.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Madhavan Rangaswami as President and Navaz Porbandarwala as Vice President.
SHG Foundation is led by Madhavan Rangaswami, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Madhavan Rangaswami
President
On filings since 2020
5 hrs/week
No compensation reported
Navaz Porbandarwala
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Constantin Delivanis (2020) — Vice President
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 SHG Foundation
How much does SHG Foundation give each year?
SHG Foundation gave $82K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 7 grants.
What is SHG Foundation's typical grant size?
SHG Foundation's median grant in 2024 was $5,000, and its average grant was $6,850, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SHG Foundation that year got $5K on average.
Where does SHG Foundation give grants?
SHG Foundation gives mostly in California: 72% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (12%) and Pennsylvania (9%).
Who are SHG Foundation's largest grantees?
SHG Foundation's largest 2024 grantees include U-Go ($20,000), Room to Read ($10,000) and AKSHAYA PATRAhome of hope ($10,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.
How large is SHG Foundation?
SHG Foundation reported $869K in total assets on its 2024 IRS Form 990-PF. It paid out $82K in qualifying distributions that year, against a required minimum of $63K (roughly 5% of its investment assets).
What does SHG Foundation fund?
The foundation states that its primary purpose is to support charitable organizations through contributions. Its 2024 grants included support for education, child safety, sports and recreation, and other charitable purposes. See mission & focus areas ↑
How do I apply for a grant from SHG Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is SHG Foundation's EIN?
SHG Foundation's EIN (Employer Identification Number) is 94-3328451. IRS Form 990 filing data is available on this page for 2020–2024.
Does SHG Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). SHG Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/shg-foundation-morg_8fbfc94ae7c54a7cad619bb71da0dffc
BibTeX
@misc{grantable_943328451_2026,
author = {{Grantable}},
title = {{SHG Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/shg-foundation-morg_8fbfc94ae7c54a7cad619bb71da0dffc},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from SHG 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.
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