The Sharma Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in ALPHARETTA, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15K
-9.9% YoY
Annual Giving
$11K
-33.3% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$11K
+33.5% YoY
Under IRS private-foundation payout rules, The Sharma Foundation Inc reported a distributable amount of $529 for 2024 — the minimum it must pay out in qualifying distributions.
About The Sharma Foundation Inc
Based on IRS filings
The Sharma Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in ALPHARETTA, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $11K.
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 | $15,013 | $16,661 | $13,000 |
| Revenue | $34,500 | $20,161 | $13,000 |
| Expenses | $35,398 | $17,250 | — |
| Qualifying Distributions | $32,041 | $16,500 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $529 | $907 | $53 |
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
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sgvp Gurukul Usa ($11,010).
| Recipient | Purpose | Amount |
|---|---|---|
| SGVP GURUKUL USA BLOOMINGDALE, GA | FOR RELIGIOUS TEMPLE CONSTRUCTION | $11,010 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SRINIVASA RAM PRASAD SHARMA | PRESIDENT | 1 | — |
| DARSHANA PATEL | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sharma Foundation Inc?
The Sharma Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in ALPHARETTA, GA. It holds $15K in total assets as of 2024.
How large is The Sharma Foundation Inc?
As of 2024, The Sharma Foundation Inc holds $15K in total assets with $35K in annual revenue. It awarded 1 grants totaling $11K in 2024.
Where does The Sharma Foundation Inc operate?
The Sharma Foundation Inc has awarded grants in Georgia, South Carolina.
What size grants does The Sharma Foundation Inc award?
In 2024, The Sharma Foundation Inc awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The Sharma Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sharma Foundation Inc reported a distributable amount of $529 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sharma Foundation Inc's EIN?
The Sharma Foundation Inc's EIN (Employer Identification Number) is 88-3869777. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Sharma Foundation Inc'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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