Sheth Global Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $631,620
- Spending
- $1.3 million
- Spent on programs
- 97%
- Reserves
- 64.1 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Volunteers
- 4
- Highest pay
- $5,000, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 50% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 64.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 99% of income.
Income trend
15 of 15Income rose 273% on the year before.
Spending floor
15 of 1597% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 25% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 254 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.2 million spent. 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.
- $2,574 spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.