The Shah Family Foundation
The Shah Family Foundation is a private foundation, based in Cocoa, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.9M in total assets. In 2025, it awarded 6 grants totaling $80K. Net investment income was $428K.
Key facts about The Shah Family Foundation
In short: The Shah Family Foundation gave $80K across 6 grants in 2025 (avg $13K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- EIN
- 47-1512752
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $80,055
- Grants made (2025)
- 6
- Average grant
- $13,343
- Median grant
- $5,000
- Total assets
- $3,915,142
- Primary geography
- Florida (97% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.9M
+24.6% YoY
Annual Giving
$80K
-40.0% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$13K
-20.0% YoY
Under IRS private-foundation payout rules, The Shah Family Foundation reported a distributable amount of $181K for 2025 — the minimum it must pay out in qualifying distributions.
How The Shah Family Foundation gives
- Giving fell 50% from 2022 to 2025. Method
- In 2025 it paid out 44% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $3K (2021) to $160K (2022). In 2025 it made 6 grants totaling $80K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Holy Trinity Episcopal Academy ($61K). Together the top 6 received $80K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 24 grants of 29 (83%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Holy Trinity Episcopal Academy Melbourne, FL | To support the reading initiative and the ideas institute at holy trinity | $61,000 |
| Cocoa Police Foundation Cocoa, FL | To Support the Mission of Cocoa Police Foundation | $5,000 |
| Health First Foundation Rockledge, FL | To Support the Mission of Health First Foundation | $5,000 |
| Scott Center for Autism Melbourne, FL | To support the mission of the scott center for autism | $5,000 |
| Baps Charities Winsor, NJ | To Support the Mission of Baps Charities | $2,501 |
| Manav Mandir Inc Melbourne, FL | To Support the Mission of Manav Mandir Inc | $1,554 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,915,142 | $3,143,208 | $2,980,837 |
| Revenue | $427,933 | $301,610 | $143,999 |
| Expenses | $26,499 | $377,139 | $130,101 |
| Qualifying Distributions | $80,055 | $133,500 | $128,450 |
| Net Investment Income | $427,763 | $298,425 | $143,999 |
| Distributable Amount | $181,096 | $167,148 | $143,626 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 3, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 25, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 23, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
The Shah Family Foundation is led by Maheshchandra Shah, President & Treasurer on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Maheshchandra Shah
President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Monica Shah
Trustee
On filings since 2021
1 hr/week
No compensation reported
Rashmi Shah
Secretary
On filings since 2021
1 hr/week
No compensation reported
Summit Shah
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 The Shah Family Foundation
How much does The Shah Family Foundation give each year?
The Shah Family Foundation gave $80K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $134K across 8 grants.
What is The Shah Family Foundation's typical grant size?
The Shah Family Foundation's median grant in 2025 was $5,000, and its average grant was $13,343, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Shah Family Foundation give grants?
The Shah Family Foundation gives mostly in Florida: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Melbourne, FL (3 grants).
Does The Shah Family Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Shah Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Shah Family Foundation's largest grantees?
The Shah Family Foundation's largest 2025 grantees include Holy Trinity Episcopal Academy ($61,000), Cocoa Police Foundation ($5,000) and Health First Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.
How large is The Shah Family Foundation?
The Shah Family Foundation reported $3.9M in total assets on its 2025 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $181K (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.
What is The Shah Family Foundation's EIN?
The Shah Family Foundation's EIN (Employer Identification Number) is 47-1512752. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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