The Sharma Family Private Foundation

Private foundation · Grantmaker Webster, MA EIN: 26-2030020

The Sharma Family Private Foundation is a private foundation, based in Webster, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $354K in total assets. In 2025, it awarded 5 grants totaling $12K. Net investment income was $16K.

Key facts about The Sharma Family Private Foundation

In short: The Sharma Family Private Foundation gave $12K across 5 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
26-2030020
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$11,538
Grants made (2025)
5
Average grant
$2,308
Median grant
$1,000
Total assets
$353,982
Primary geography
Massachusetts (83% 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

$354K

+1.1% YoY

Annual Giving

$12K

-65.5% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$2K

-79.3% YoY

Under IRS private-foundation payout rules, The Sharma Family Private Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

How The Sharma Family Private Foundation gives

  • Giving fell 31% from 2022 to 2025. Method
  • In 2025 it paid out 58% 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

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

OxfordDudleyMemphisPutnamHagerstownWebster

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2019 1 grant2020 3 grants2021 4 grants2022 3 grants2023 3 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $8K (2019) to $33K (2024). In 2025 it made 5 grants totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Hindu Heritage Foundation: $9KHindu Heritage Foundation$9KBoys and Girls Club: $1KBoys and Girls Club$1KAmerican Cancer Society: $1KAmerican Cancer Society$1KBradley Playhouse: $500Bradley Playhouse$500St Jude: $500St Jude$500

The largest 2025 recipient was Hindu Heritage Foundation ($9K). Together the top 5 received $12K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hindu Heritage Foundation Oxford, MAReligious$8,538
Boys and Girls Club Dudley, MASOCIAL$1,000
American Cancer Society Hagerstown, MDMedical Research$1,000
Bradley Playhouse Putnam, CTSOCIAL$500
St Jude Memphis, TNMedical$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$353,982$350,164$365,598
Revenue$17,811$20,946$-106,905
Expenses$13,993$36,380$23,501
Qualifying Distributions$11,538$33,414$22,073
Net Investment Income$16,016$18,120$13,092
Distributable Amount$19,856$19,067$18,310

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 6, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS March 16, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 25, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 25, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 16, 2024)

Leadership & Key People

Officers and directors from IRS filings

The Sharma Family Private Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ishwara A. Sharma

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Neelam Sharma

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Sharma Family Private Foundation

How much does The Sharma Family Private Foundation give each year?

The Sharma Family Private Foundation gave $12K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 3 grants.

What is The Sharma Family Private Foundation's typical grant size?

The Sharma Family Private Foundation's median grant in 2025 was $1,000, and its average grant was $2,308, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Sharma Family Private Foundation give grants?

The Sharma Family Private Foundation gives mostly in Massachusetts: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (9%).

Does The Sharma Family Private Foundation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on The Sharma Family Private Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Sharma Family Private Foundation's largest grantees?

The Sharma Family Private Foundation's largest 2025 grantees include Hindu Heritage Foundation ($8,538), Boys and Girls Club ($1,000) and American Cancer Society ($1,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is The Sharma Family Private Foundation?

The Sharma Family Private Foundation reported $354K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $20K (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 Sharma Family Private Foundation's EIN?

The Sharma Family Private Foundation's EIN (Employer Identification Number) is 26-2030020. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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