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    <Timestamp>2012-11-09T11:59:59-07:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>204246752</EIN>
      <Name>
        <BusinessNameLine1>SHANTA FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>SHAN</NameControl>
      <Phone>9702595120</Phone>
      <USAddress>
        <AddressLine1>PO Box 1603</AddressLine1>
        <City>Durango</City>
        <State>CO</State>
        <ZIPCode>81302</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Carolyn Moller</Name>
      <Title>Treasurer</Title>
      <Phone>9702592150</Phone>
      <DateSigned>2012-09-30</DateSigned>
    </Officer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <WebSite>www.shantafoundation.org</WebSite>
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      <GrossReceipts>133682</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>131708</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>1974</InvestmentIncome>
      <GrossAmountFromSaleOfAssets>0</GrossAmountFromSaleOfAssets>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome contributionsReportedOnLine1a="0">0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <GrossSalesOfInventory>0</GrossSalesOfInventory>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <OtherRevenueTotal>0</OtherRevenueTotal>
      <TotalRevenue>133682</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>50643</GrantsAndSimilarAmountsPaid>
      <BenefitsPaidToOrForMembers>0</BenefitsPaidToOrForMembers>
      <SalariesOtherCompEmplBenefits>56259</SalariesOtherCompEmplBenefits>
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      <OccupancyRentUtilitiesAndMaint>0</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>1551</PrintingPublicationsPostage>
      <OtherExpensesTotal>22203</OtherExpensesTotal>
      <TotalExpenses>132656</TotalExpenses>
      <ExcessOrDeficitForYear>1026</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>119293</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>0</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>120319</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>121714</BOY>
        <EOY>117867</EOY>
      </CashSavingsAndInvestments>
      <LandAndBuildings>
        <BOY>0</BOY>
        <EOY>0</EOY>
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      <OtherAssetsTotal>
        <BOY>0</BOY>
        <EOY>5000</EOY>
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      <TotalAssets>
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        <EOY>122867</EOY>
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        <EOY>2548</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>119293</BOY>
        <EOY>120319</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>We partner with underserved rural villages in Myanmar to develop healthy communities. Through a collaborative process we empower local leadership to make effective, sustainable change focusing on education, quality health care, and economic opportunities.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Health care services - We supported a part-time doctor to visit five villages on a rotating basis to provide basic medical care and referrals, health education, and antenatal care. We arranged for six village women to receive six months of training as auxiliary midwives and provided them with monthly supervision by a doctor and medical treatment kits to provide services in their villages. We ensured the immunization of all children under five years of age. We also assisted with funds for some individual hospitalizations. Shanta supported two Burmese dentists to provide examinations, cleaning, and treatment for 350 children and125 adults.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>8239</GrantsAndAllocations>
        <IncludesForeignGrants>X</IncludesForeignGrants>
        <ProgramServiceExpenses>2349</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Education - We provided matching scholarships for 77 middle and high school students, organized and supervised a summer English language school for 112 students, and provided a monthly refresher training course for 10 preschool teachers.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>7870</GrantsAndAllocations>
        <IncludesForeignGrants>X</IncludesForeignGrants>
        <ProgramServiceExpenses>2349</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Infrastructure assistance - Shanta supported two villages to install 175 solar lighting systems in homes. We also supported a new village-wide clean water system in another village.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>11354</GrantsAndAllocations>
        <IncludesForeignGrants>X</IncludesForeignGrants>
        <ProgramServiceExpenses>3229</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Economic Dev - pig farms, loan funds,more to come</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>7304</GrantsAndAllocations>
        <IncludesForeignGrants>X</IncludesForeignGrants>
        <ProgramServiceExpenses>2055</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Other program services focus on leadership development (and associated supplies and travel expenses) through continuous one on one training and community workshops.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>15876</GrantsAndAllocations>
        <IncludesForeignGrants>X</IncludesForeignGrants>
        <ProgramServiceExpenses>30189</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>40171</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Lloyd Fickett</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>4</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Carolyn Moller</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>Treasurer</Title>
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        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>David Peters</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>4</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Ross Park</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>2.5</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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        <PersonName>Margaret Galland</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>Director</Title>
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        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Tricia Karpfen</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
        </AddressUS>
        <Title>Director</Title>
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        <Compensation>2000</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Mike Karpfen</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
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        <Title>Executive Director</Title>
        <AvgHoursPerWkDevotedToPosition>20</AvgHoursPerWkDevotedToPosition>
        <Compensation>38000</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>0</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>0</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>0</OrganizationHadUBI>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <OrganizationDissolvedEtc>0</OrganizationDissolvedEtc>
      <DirectIndirectPoliticalExpend>0</DirectIndirectPoliticalExpend>
      <DidOrgFileForm1120POLThisYear>0</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>0</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>0</EngagedInExcessBenefitTrans>
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        <NamePerson>Carolyn Moller</NamePerson>
        <AddressUS>
          <AddressLine1>PO Box 1603</AddressLine1>
          <City>Durango</City>
          <State>CO</State>
          <ZIPCode>81302</ZIPCode>
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        <TelephoneNumber>9702595120</TelephoneNumber>
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      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>0</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>0</DoesOrgHaveHospital>
      <TanningServicesProvided>0</TanningServicesProvided>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>0</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>0</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>0</EngageInLobbyingActivities>
      <OperatingSchool>0</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>0</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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        <CurrentTaxYearMinus3Years>120497</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>94778</CurrentTaxYearMinus2Years>
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      <AmountsSubstContributorsTotal>340023</AmountsSubstContributorsTotal>
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        <CurrentTaxYearMinus1Year>31</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1974</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
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      <GeneralExplanation>
        <Identifier>F99Z_P01_S00_L16</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 16</ReturnReference>
        <Explanation>Description;Amount^Travel;13770|Advertising;33|Accounting;421|Bank and credit card fees;990|Office Supplies;3508|Donor appreciation and outreach;1847|Insurance;1234|Legal fees;400^Total;22203^</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F99Z_P02_S00_L24</Identifier>
        <ReturnReference>Form 990-EZ, Part II, Line 24</ReturnReference>
        <Explanation>Description;EOY Amount^Accounts Receivable;5000^Total;5000^</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F99Z_P02_S00_L26</Identifier>
        <ReturnReference>Form 990-EZ, Part II, Line 26</ReturnReference>
        <Explanation>Description;EOY Amount^Accounts Payable;2394|Capital One credit card payable;154^Total;2548^</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F99Z_P05_S00_L42a</Identifier>
        <ReturnReference>Form 990-EZ, Part V, Line 42a</ReturnReference>
        <Explanation>The Shanta Foundation maintains the following policies. They are reviewed annually by the Board of Directors: Financial Management, Conflict of Interest, Whistleblower, Document Retention, Job Descriptions, Travel Policy.</Explanation>
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