The Shah Karma Foundation Inc
The Shah Karma Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALM HARBOR, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $304K in total assets. In 2024, it awarded 6 grants totaling $17K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$304K
+6.5% YoY
Annual Giving
$17K
-5.4% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$3K
-52.7% YoY
About The Shah Karma Foundation Inc
Based on IRS filings
The Shah Karma Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALM HARBOR, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $304K in total assets. In 2024, it awarded 6 grants totaling $17K. Net investment income was $26K.
Focus Areas
Ready to take the next step with The Shah Karma Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $303,617 | $284,990 | $296,020 |
| Revenue | $14,190 | $16,088 | $14,650 |
| Expenses | $22,031 | $19,330 | $18,148 |
| Qualifying Distributions | — | — | $16,223 |
| Net Investment Income | $26,467 | — | $518 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hemant N Shah | President & Treasurer | 1 | — |
| Alka H Shah | Secretary | 1 | — |
| Madhvi H Shah | Director | 1 | — |
| Paras H Shah | Director | 1 | — |
| Pooja Kapadia | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
The Shore Lane Family Foundation Inc
BOCA GRANDE, FL
Assets
$335
Grants
20
Total Given
$430K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Shah Karma Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities