Shg Foundation is a private foundation focused on Religion Related, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $869K in total assets. In 2024, it awarded 12 grants totaling $82K. Net investment income was $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$869K
-0.4% YoY
Annual Giving
$82K
+58.1% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$7K
-7.8% YoY
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.
About Shg Foundation
Based on IRS filings
Shg Foundation is a private foundation focused on Religion Related, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $869K in total assets. In 2024, it awarded 12 grants totaling $82K. Net investment income was $70K.
Focus Areas
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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 | $868,795 | $872,175 | $708,270 |
| Revenue | $82,712 | $747,374 | $766,180 |
| Expenses | $86,092 | $583,469 | $739,811 |
| Qualifying Distributions | $82,200 | $52,000 | $186,960 |
| Net Investment Income | $69,995 | $39,450 | $52,084 |
| Distributable Amount | $62,517 | $48,424 | $44,857 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include U-go ($20,000), Room to Read ($10,000), AKSHAYA PATRAhome of hope ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| FREE BOOKS FOR KIDS SACRAMENTO, CA | PROVIDE BOOKS TO CHILDREN | $4,000 |
| ENACTE ARTS SUNNYVALE, CA | THEATER EDUCTION | $5,000 |
| U-GO SOLANA BEACH, CA | FOR CHARITABLE PURPOSES | $20,000 |
| ASHAJYOTHI USA FRISCO, TX | CHILD SAFETY | $10,000 |
| AROGYA WORLD SPRING HOUSE, PA | CHILD SAFETY | $5,000 |
| VERMONT ECO STUDIES WHITE RIVER JUNCTION, VT | FOR CHARITABLE PURPOSES | $200 |
| VERMONT RIVER CONSERVANCY MONTPELLER, VT | FOR CHARITABLE PURPOSES | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MADHAVAN RANGASWAMI | President | 5 | — |
| NAVAZ PORBANDARWALA | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shg Foundation?
Shg Foundation is a private foundation focused on Religion Related, based in SAN FRANCISCO, CA. It holds $869K in total assets as of 2024.
How large is Shg Foundation?
As of 2024, Shg Foundation holds $869K in total assets with $83K in annual revenue. It awarded 12 grants totaling $82K in 2024.
Where does Shg Foundation operate?
Shg Foundation has awarded grants in California, District of Columbia, Delaware, Massachusetts, New Mexico, Pennsylvania, Texas, Vermont, Washington.
What size grants does Shg Foundation award?
In 2024, Shg Foundation awarded 12 grants totaling $82K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Shg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shg Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Shg Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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