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
Under IRS private-foundation payout rules, The Sheth Family Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Ready to take the next step with The Sheth Family Foundation?
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
Among its reported 2024 grants, the largest include Tie-Atlanta Foundation ($10,000), American India Foundation ($9,993), Emory Giving ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association Dallas, TX | Unrestricted | $523 |
| American India Foundation New York, NY | Unrestricted | $9,993 |
| Amnesty International USA New York, NY | Unrestricted | $715 |
| Arogyaworld Spring House, PA | Unrestricted | $2,000 |
| Ashoka Arlington, VA | Unrestricted | $2,000 |
| Atlanta Community Food Bank Atlanta, GA | Unrestricted | $1,515 |
| Boys and Girls Club of American Atlanta, GA | Unrestricted | $500 |
| Dharma Civilization Fund Brea, CA | Unrestricted | $3,000 |
| Emory Giving Atlanta, GA | Unrestricted | $9,000 |
| Emory University Advancement Atlanta, GA | Unrestricted | $5,000 |
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
Frequently Asked Questions
What does The Sheth Family Foundation fund?
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…
Where does The Sheth Family Foundation make grants?
The Foundation funds organizations in: • Metro Atlanta, Georgia • United States broadly • India • Indian diaspora communities
What size grants does The Sheth Family Foundation award?
In 2024, The Sheth Family Foundation awarded 33 grants totaling $111K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Sheth Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sheth Family Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sheth Family Foundation's EIN?
The Sheth Family Foundation's EIN (Employer Identification Number) is 58-2498469. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sheth Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The O Wayne Rollins Foundation
ATLANTA, GA
Assets
$432.0M
Grants
29
Total Given
$39.5M
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Sheth 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
Go from researching The Sheth Family Foundation to a real strategy.