The Shen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $53K. Net investment income was $223K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+36.6% YoY
Annual Giving
$53K
+77.5% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$7K
-33.4% YoY
About The Shen Family Foundation
Based on IRS filings
The Shen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $53K. Net investment income was $223K.
Focus Areas
Ready to take the next step with The Shen Family Foundation?
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 | $2,385,321 | $1,745,820 | $1,337,974 |
| Revenue | $707,373 | $447,303 | $482,081 |
| Expenses | $68,198 | $48,800 | $30,478 |
| Qualifying Distributions | $67,417 | $47,635 | $28,578 |
| Net Investment Income | $223,171 | $47,313 | $102,363 |
| Distributable Amount | $111,652 | $76,379 | $53,914 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
18 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 |
|---|---|---|---|
| Hubert Shen | Dir, Pres, Treas | 5 | — |
| Lea Shen | Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
Engineering Information Foundation Inc
WILMINGTON, DE
Assets
$5.7M
Grants
13
Total Given
$220K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Caroline K Barber Foundation
WILMINGTON, DE
Assets
$257K
Grants
0
Total Given
—
Give Back Brands Foundation
WILMINGTON, DE
Assets
—
Grants
19
Total Given
$178K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Shen Family Foundation 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