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Bert And Ann Shearer Foundation is a private corporation based in FT WRIGHT, KY. The foundation received its IRS ruling in 2000. The principal officer is U S Bank Na 15-7460. It holds total assets of $347K. Annual income is reported at $93K. Total assets have decreased from $1.1M in 2011 to $446K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in West Virginia, Illinois and Colorado. According to available records, Bert And Ann Shearer Foundation has made 18 grants totaling $330K, with a median grant of $15K. Annual giving has grown from $110K in 2021 to $220K in 2022. Individual grants have ranged from $15K to $30K, with an average award of $18K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in West Virginia, Illinois, Texas, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$15K
Average Grant
$18K
Largest Grant
$30K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bert And Ann Shearer Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in WV, IL, TX.
Bert And Ann Shearer Foundation has distributed a total of $330K across 18 grants. The median grant size is $15K, with an average of $18K. Individual grants have ranged from $15K to $30K.
Bert And Ann Shearer Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bert And Ann Shearer Foundation is headquartered in FT WRIGHT, KY. While based in KY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Harold A Klink | TREASURER | $0 | $0 | N/A |
| Ed Shearer | PRESIDENT | $0 | $0 | N/A |
| Gayle Shearer | VICE PRESIDE | $0 | $0 | N/A |
| Mike Shearer | SECRETARY | $0 | $0 | N/A |
Total Giving
$104K
Total Assets
$446K
Fair Market Value
$753K
Net Worth
$446K
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$37K
Total: $364K
Total Grants
18
Total Giving
$330K
Average Grant
$18K
Median Grant
$15K
Unique Recipients
8
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATING | Charleston, WV | $15K | 2021 |
| Living Lands WatersGENERAL OPERATING | East Moline, IL | $30K | 2022 |
| Point Pleasant River MuseumGENERAL OPERATING | Point Pleasant, WV | $20K | 2022 |
| Dive Pirates FoundationGENERAL OPERATING | The Woodlands, TX | $15K | 2022 |
| South Park Presbyterian ChurchGENERAL OPERATING | Charleston, WV | $15K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Alexandria, VA | $15K | 2022 |
| Mountain Mission IncGENERAL OPERATING | Charleston, WV | $15K | 2022 |
| Living Lands And WatersGENERAL OPERATING | East Moline, IL | $30K | 2021 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY