SHG FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SHG FOUNDATION (EIN 94-3328451)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-14
IRS object ID
201811349349102611
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-14T10:58:39-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770360232PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Shannon & Snyder CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1650 N Winchester Blvd 6AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP951281511ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN943328451EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHGFBusinessNameControlTxt
Phone4159229802PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13450 SACRAMENTO STREETAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94118ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMADHAVAN RANGASWAMIPersonNm
Person TitlePresidentPersonTitleTxt
Signature2018-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGeorge M ShannonPreparerPersonNm
PTINP00426261PTIN
Phone4082418700PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$702,240FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$18,071DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,071DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$5,063NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$9,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$5,063CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$23,134TotalRevAndExpnssAmt
Total Net Invst Incm$23,134TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,150AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,175TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$72,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$72,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$74,675TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$72,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$51,541ExcessRevenueOverExpensesAmt
Net Investment Income$23,134NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,552SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$37,055SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$37,055SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$424,786CorporateStockBOYAmt
Corporate Stock EOY$438,742CorporateStockEOYAmt
Corporate Stock EOYFMV$665,185CorporateStockEOYFMVAmt
Other Assets BOY$100,000OtherAssetsBOYAmt
Total Assets BOY$527,338TotalAssetsBOYAmt
Total Assets EOY$475,797TotalAssetsEOYAmt
Total Assets EOYFMV$702,240TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$527,338UnrestrictedBOYAmt
Unrestricted EOY$475,797UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$527,338TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$475,797TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$527,338TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$475,797TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$527,338TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$51,541ExcessRevenueOverExpensesAmt
Subtotal$475,797SubtotalAmt
Tot Net Ast Or Fund Balances EOY$475,797TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
165.453 RYDEX NASDAQ-100 FUNDP2004-05-212017-03-23$5,000$1,880$3,120$3,120
68.446 VANDUARD TOTAL STOCK MKT INDEXP2007-09-262017-03-24$4,000$2,057$1,943$1,943
FieldValueIRS element (for citing)
Capital Gain Net Income$5,063CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$82,343AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$677,370NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.12156DistributionYr1Rt
Adjusted Qlfy Distri Yr2$49,614AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$739,072NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06713DistributionYr2Rt
Adjusted Qlfy Distri Yr3$39,035AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$754,441NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05174DistributionYr3Rt
Adjusted Qlfy Distri Yr4$40,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$732,161NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05463DistributionYr4Rt
Adjusted Qlfy Distri Yr5$46,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$891,935NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.05157DistributionYr5Rt
Total Distribution0.346639TotalDistributionRt
Average Distribution0.069328AverageDistributionRt
Net Vl Noncharitable Assets$658,223NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$45,633AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$231NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$45,864AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$72,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$231InvestmentIncomeExciseTaxAmt
Subtotal$231SubtotalAmt
Tax Based On Investment Income$231TaxBasedOnInvestmentIncomeAmt
Tax Due$231TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MADHAVAN RANGASWAMIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4159229802PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13450 SACRAMENTO ST 615AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94118ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MADHAVAN RANGASWAMI
3450 SACRAMENTO STREET 615SAN FRANCISCOCA94118President5.00$0
CONSTANTIN DELIVANIS
12440 HILLTOP DRIVELOS ALTOS HILLSCA94024Vice President5.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$617,302AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$50,945AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$668,247TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$668,247AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,024CashDeemedCharitableAmt
Net Vl Noncharitable Assets$658,223NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,911MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,911MinimumInvestmentReturnAmt
Tax Based On Investment Income$231TaxBasedOnInvestmentIncomeAmt
Total Tax$231TotalTaxAmt
Distributable Before Adj$32,680DistributableBeforeAdjAmt
Distributable Before Ded$32,680DistributableBeforeDedAmt
Distributable As Adjusted$32,680DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$72,500ExpensesAndContributionsAmt
Qualifying Distributions$72,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$231PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$72,269AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$32,680DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,308ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,391ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,895ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$13,432ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$49,288ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$71,314TotalExcessDistributionCyovAmt
Qualifying Distributions$72,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$32,680AppliedToCurrentYearAmt
Remaining Distri From Corpus$39,820RemainingDistriFromCorpusAmt
Total Corpus$111,134TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,308ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$108,826ExcessDistriCyovToNextYrAmt
Excess From Year4$4,391ExcessFromYear4Amt
Excess From Year3$1,895ExcessFromYear3Amt
Excess From Year2$13,432ExcessFromYear2Amt
Excess From Year1$49,288ExcessFromYear1Amt
Excess From Current Year$39,820ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ROOM TO READ
111 SUTTER STREET 16TH FLOORSAN FRANCISCOCA94118NONE501(c)(3)PROVIDE BOOKS FOR LIBRARIES IN RURAL AREAS.$10,000
JUST READ
1299 BRYANT AVENUEMOUNTAIN VIEWCA94040NONE501(c)(3)EDUCATE MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS$10,000
AKSHAYA PATRA
92 MONTVALE AVENUE 2500STONEHAMMA02180NONE501(c)(3)PROVIDE SCHOOL LUNCHES TO CHILDREN IN LOW INCOME COMMUNITIES$10,000
FOUNDATION FOR EXCELLENCE
1270 OAKMEAD PARKWAY 111SUNNYVALECA94085NONE501(c)(3)EDUCATE UNDERPRIVILEGED STUDENTS ACROSS INDIA.$10,000
2041 FOUNDATION
11045 DONNER PASS ROAD 2DTRUCKEECA96161NONE501(c)(3)ENVIORMENTAL EDUCATION$10,000
KAILASH SATYARTHI CHILDREN'S FOUNDA
1420 NEW YORK AVE NW 8TH FLOORWASHINGTONDC20005NONE501(c)(3)CHILDREN'S RIGHTS$10,000
AMERICAN INDIA FOUNDATION
530 LYTTON AVENUE 2ND FLOORDPALO ALTOCA94301NONE501(c)(3)SOCIAL & ECONOMIC CHANGE$2,500
FOUNDATION FOR PROMOTION OF SPORTSG
15925 CARMENITA ROADCERRITOSCA90703NONE501(c)(3)SPORTS & RECREATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$72,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,071ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$5,063ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$23,134ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$23,134TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number9LineNumberTxt
Relationship StatementTHE MAIN SOURCE OF SHG'S FOUNDRASING IS FROM EVENT PRODUCTIONS. THESE EVENTS ATTRACT A BROAD SPECTRUM OF CEOS FROM LEADING PUBLIC AND PRIVATE TECHNOLOGY COMPANIES RANGING FROM LARGE MULTI-NATIONAL ORGANIZATIONS TO HOT START UPS. THESE EXECUTIVES COME TO THE EVENTS TO LEARN ABOUT EMERGING TRENDS, DEBATE INDUSTRY ISSUES AND NETWORK WITH THEIR PEERS. A SUBSTANTIAL FEE IS PAID BY ALL ATTENTDEES. THE FEES COLLECTED THAT EXCEED THE COST OF THE EVENTS ARE TO BE CONTRIBUTED TO CHARITABLE PROJECTS WORLDWIDE.RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$2,150Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE TAXCategoryTxt
Amt$25Amt

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