Rajiv & Caroline Shah Caritable Foundation Inc is located in Rancho Palos Verdes, CA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rajiv & Caroline Shah Caritable Foundation Inc 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 12/2021, Rajiv & Caroline Shah Caritable Foundation Inc generated $12.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (69.6%) each year. All expenses for the organization totaled $33.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rajiv & Caroline Shah Caritable Foundation Inc has awarded 83 individual grants totaling $174,005. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAXPAYER MADE GRANTS TO CHARITABLE ORGANIZATIONS QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James F Wierski Director | 1 | $0 | |
Cathy Schwartz Director | 1 | $0 | |
Rajiv V Shah President & CEO | 2 | $0 | |
Caroline Mackiewicz Shah Vp/sec/cfo | 2 | $0 | |
Carla Mackey Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $12 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $12 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,853 |
Total operating and administrative expenses | $14,007 |
Contributions, gifts, grants paid | $19,501 |
Total expenses and disbursements | $33,508 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $891 |
Savings and temporary cash investments | $93,330 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $228,602 |
Total assets | $322,823 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Rajiv & Caroline Shah Caritable Foundation Inc has awarded $19,501 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Chicago, IL PURPOSE: DOMESTIC HUNGER-RELIEF ASSISTANCE | $4,000 |
AMERICAN RED CROSS LOS ANGELES PURPOSE: FOR ASSISTANCE OF DISASTER VICTIMS | $3,500 |
DR SUSAN LOVE RESEARCH FOUNDATION PURPOSE: FOR BREAST CANCER RESEARCH | $2,500 |
THE LIFE GROUP LA PURPOSE: FOR ASSISTANCE OF HIV/AIDS PATIENTS | $2,000 |
RANCHO SAN ANTONIO BOYS TOWN PURPOSE: FOR ASSISTANCE TO BOYS IN CRISIS | $1,500 |
PENINSULA EDUCATION FOUNDATION PURPOSE: FOR EDUCATION OF CHILDREN | $1,500 |
Organization Name | Assets | Revenue |
---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |