Nonprofit · EIN 83-4222626
SHETH GLOBAL FOUNDATION INC
Tax-exempt · ATLANTA, GA 30303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $631,620 | $1,256,792 | -$625,172 | $6,709,355 | $0 | $6,709,355 |
| December 31, 2023 | 990 | $169,507 | $222,113 | -$52,606 | $6,433,419 | $45,000 | $6,388,419 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $631,620
- Net gain from sales of assets
- $409,400
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,213,056
- Compensation of officers, directors and key employees
- $5,000
- Salaries, compensation and benefits (total)
- $5,000
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Program services (functional)
- $1,213,056
- Management and general (functional)
- $43,736
Balance sheet and other
- Total assets, start of year
- $6,433,419
- Total assets, end of year
- $6,709,355
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,709,355
- Publicly traded securities
- $5,592,693
- Net assets without donor restrictions
- $6,709,355
- Gross receipts
- $631,620
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2019
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA HILADO | EXECUTIVE DIRECTOR Officer | 10 | $5,000 |
| JAGDISH N SHETH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KEN BERNHARDT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RAJEN SHETH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DOUG BOWMAN | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALISON L O'CARROLL | DIRECTOR Trustee or director | 1 | $0 | $103,195 | $9,339 |
| LAURA HILADO | EXECUTIVE DIRECTOR Officer | 10 | $5,000 | $0 | $0 |
| JAGDISH N SHETH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEN BERNHARDT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RAJEN SHETH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DOUG BOWMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 191 PEACHTREE ST NE STE 1000, ATLANTA, GA 30303-1741
- In care of
- % ALICIA A PHILLIPS
- Principal officer (990 for 2024)
- DOUG BOWMAN, 191 PEACHTREE STREET NE 1000, ATLANTA, GA 30303
- Signed the 990
- DOUG BOWMAN, TREASURER
- Phone
- (404) 688-5525
- Website
- WWW.SHETHFOUNDATION.ORG
- Return prepared by
- MAULDIN & JENKINS LLC
Mission
THE MISSION OF THE SHETH GLOBAL FOUNDATION IS TO CARRY OUT THE PURPOSES OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA. THE MISSION IS ALSO TO FURTHER THE DEVELOPMENT AND RECOGNITION OF SCHOLARS AND SCHOLARSHIP IN MARKETING GLOBALLY BY PROVIDING SUPPORT TO GRANT AWARDING RECIPIENT ORGANIZATIONS. THE SHETH GLOBAL FOUNDATION ENJOYS HIGH NAME RECOGNITION AMONGST MARKETING SCHOLARS, PARTLY DUE TO THE VARIOUS PROGRAMS AND ORGANIZATIONS IT SUPPORTS, AND PARTLY DUE TO THE PRESTIGE AND RECOGNITION THAT SHETH AWARDS REPRESENT. IN TURN, SCHOLARS WHO BENEFIT FROM THE FOUNDATION ARE ALSO COMMITTED TO THE GOALS AND MISSIONS OF THE FOUNDATION.
Program accomplishments
- THE SHETH GLOBAL FOUNDATION SUPPORTS ORGANIZATIONS AND EVENTS ALIGNED WITH THE FOUNDATION'S GOAL TO PROMOTE THE DEVELOPMENT AND RECOGNITION OF SCHOLARS AND MARKETING SCHOLARSHIP GLOBALLY. IT HAS DONATED MILLIONS OF DOLLARS TO NONPROFIT ORGANIZATIONS AROUND THE WORLD SINCE ITS FOUNDING IN 1991. THE SHETH GLOBAL FOUNDATION IS A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION OF GREATER ATLANTA, LOCATED IN ATLANTA, GEORGIA.Expenses $1,210,482 · grants $1,210,482
- THE SHETH GLOBAL FOUNDATION MEDAL IS A BI-ANNUAL AWARD DESIGNED TO RECOGNIZE A MARKETING ACADEMIC WHO HAS MADE ENDURING AND TRANSFORMATIONAL CONTRIBUTIONS TO (A) MARKETING SCHOLARSHIP AND (B) MARKETING PRACTICE IN THE FORM OF FOR-PROFIT, NOT-FOR-PROFIT, OR GOVERNMENTAL ORGANIZATIONS.Expenses $2,574 · grants $2,574
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4222626
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $6,709,355
- Income (IRS master file)
- $631,620
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $631,620 | $1,256,792 | $6,709,355 | XML |
| 990 | December 2023 | $169,507 | $222,113 | $6,433,419 | XML |
| 990 | December 2022 | $800,000 | $145,894 | $6,005,432 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4222626).
Questions about SHETH GLOBAL FOUNDATION INC
- What is the EIN of SHETH GLOBAL FOUNDATION INC?
- The employer identification number (EIN) of SHETH GLOBAL FOUNDATION INC is 83-4222626.
- Is SHETH GLOBAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to SHETH GLOBAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SHETH GLOBAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHETH GLOBAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHETH GLOBAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SHETH GLOBAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names DOUG BOWMAN.
- Who are the officers and directors of SHETH GLOBAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $5,000 (LAURA HILADO, EXECUTIVE DIRECTOR).
- How much revenue does SHETH GLOBAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $631,620, expenses of $1,256,792 and total assets of $6,709,355 at year end.
Other nonprofits in ATLANTA
- LETTIE PATE EVANS FOUNDATION INC TRUSTEE OF THE RESTRICTED FUND UW EIN 23-7282939 · last filed 990 for 2025
- ROBERT W WOODRUFF FOUNDATION INC EIN 58-1695425 · last filed 990-PF for 2025
- THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC EIN 58-1344646 · last filed 990 for 2024
- THE ARTHUR M BLANK FAMILY FOUNDATION EIN 38-3983213 · last filed 990-PF for 2024
- LETTIE PATE WHITEHEAD FOUNDATION INC EIN 58-6012629 · last filed 990 for 2024
- FORWARD AMERICA INC EIN 33-1273009 · last filed 990 for 2024
- JOHN BULOW CAMPBELL FOUNDATION EIN 58-0566149 · last filed 990-PF for 2024
- UNITED WAY OF GREATER ATLANTA INC EIN 58-0566194 · last filed 990 for 2025
All nonprofits in ATLANTA · Georgia · Philanthropy, voluntarism and grantmaking foundations