The Sheth Family Foundation
The Sheth Family Foundation is a private family foundation established in 1999 and headquartered in Duluth, Georgia. Founded by Professor Jagdish N. Sheth and his wife Madhu Sheth, the Foundation operates as a non-profit entity dedicated to investing in the future success of local and global communities. The Foundation has supported more than 60 501(c)(3) organizations and events that positively impact thousands of people.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+31.7% YoY
Annual Giving
$111K
-28.9% YoY
Grant Count
33
-26.7% YoY
Avg Grant Size
$3K
-3.1% YoY
Mission & Focus Areas
The Foundation fosters education, wellness, and sustainability in the United States and India, with particular emphasis on metro Atlanta, the Indian community, and renowned universities.
The Foundation supports a diverse portfolio of organizations including the American India Foundation, Ekal Vidyalaya Foundation, Akshya Patra Foundation, Carter Center, American Cancer Society, Ashoka Fellowship, CARE, Emory University, University of Illinois, University of Pittsburgh, Jain Community in Atlanta, Raksha Foundation, American Red Cross, and United Way.
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Geographic Focus
Where this funder awards grants
The Foundation funds organizations in:
- Metro Atlanta, Georgia
- United States broadly
- India
- Indian diaspora communities
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $934,913
- Total Giving: $156,146
The Foundation has been tax-exempt since April 2000.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,230,831 | $934,913 | $1,050,964 |
| Revenue | $402,466 | $28,712 | $111,033 |
| Expenses | $124,345 | $156,146 | $423,801 |
| Qualifying Distributions | $113,781 | $156,146 | $417,135 |
| Net Investment Income | $40,952 | $28,712 | $31,033 |
| Distributable Amount | $35,035 | $38,343 | $36,377 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
203 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Jagdish Sheth, PhD – Founder and primary funder. Dr. Sheth is a professor and has received the Padma Bhushan Award from the Government of India.
Madhu Sheth – Co-founder and primary funder
Reshma Shah, PhD – Family member involved with the Foundation
Rajen Sheth – Family member involved with the Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jagdish N Sheth MD | Trustee | 1 | — |
| Madhuri J Sheth | Trustee | 1 | — |
Recent Activity
Recent developments and announcements
The Foundation has established endowments and named lectureships at major universities, including the Sheth Lecture on Indian Studies at Emory University, established in 2000 with a $100,000 commitment. This annual lecture raises awareness of the culture and history of India and South Asia and serves the Indian community in Atlanta and the Southeast.
Sheth Sangreal Scholarship Fund Awards $500,000 to 20 Students | Austin CommunityThe Foundation continues to support educational initiatives, entrepreneurship programs, and community development organizations across Atlanta and partner universities including Georgia Tech, Georgia State University, and Kennesaw State University.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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