Shen Fam Foundation

Organization Overview

Shen Fam Foundation is located in Charlottesville, VA. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shen Fam Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Shen Fam Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Shen Fam Foundation has awarded 220 individual grants totaling $13,737,966. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Theodore P Shen
Trustee
$0
Carla Shen
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $355,000
Interest on Savings $1,884
Dividends & Interest $189,562
Profit on Inventory Sales $0
Other Income $8,986
Total Revenue $1,560,327

Grants Awarded

Over the last fiscal year, Shen Fam Foundation has awarded $1,215,000 in support to 23 organizations.

Grant RecipientAmount

NEW YORK CITY BALLET

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL

$225,000

AMERICAN BALLET THEATRE

PURPOSE: GENERAL

$200,000

BROOKLYN MUSEUM OF ART

PURPOSE: GENERAL

$161,000

MEMORIAL SLOAN KETTERING CANCER

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL

$100,000

YALE UNIVERSITY

PURPOSE: GENERAL

$70,000

KAATSBAAN INTERNATIONAL

PURPOSE: GENERAL

$69,500
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