Summit and Julie Shah Foundation

COLUMBUS, OH EIN: 82-5461159

Summit and Julie Shah Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $600K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$600K

+42.1% YoY

Annual Giving

$5K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

+0.0% YoY

Under IRS private-foundation payout rules, Summit and Julie Shah Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Summit and Julie Shah Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $149K (88%)

New York $20K (12%)

States

California New York

Cities

BerkeleyNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$599,837	$422,230	$267,487
Revenue	$112,387	$106,862	$99,951
Expenses	$5,472	$5,000	—
Qualifying Distributions	$5,000	$5,000	—
Net Investment Income	$10,787	$6,606	$2,781
Distributable Amount	$25,605	$20,703	$13,135

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shree Samkit Charitable Trust ($5,000).

Recipient	Purpose	Amount
Shree Samkit Charitable Trust	Charitable activity	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Summit Shah	Trustee	1	—
Julie Kennerly Shah	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Summit and Julie Shah Foundation?

Summit and Julie Shah Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. It holds $600K in total assets as of 2024.

How large is Summit and Julie Shah Foundation?

As of 2024, Summit and Julie Shah Foundation holds $600K in total assets with $112K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does Summit and Julie Shah Foundation operate?

Summit and Julie Shah Foundation has awarded grants in California, New York.

What size grants does Summit and Julie Shah Foundation award?

In 2024, Summit and Julie Shah Foundation awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Summit and Julie Shah Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Summit and Julie Shah Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Summit and Julie Shah Foundation's EIN?

Summit and Julie Shah Foundation's EIN (Employer Identification Number) is 82-5461159. IRS Form 990 filing data is available on this page for 2020–2024.