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Ilene And Michael Shaw Charitable Trust I is a private trust based in HIGHLAND PARK, IL. The foundation received its IRS ruling in 1996. The principal officer is Michael S Shaw Co-Trustee. It holds total assets of $11.2M. Annual income is reported at $5.8M. Total assets have grown from $1.4M in 2011 to $10.3M in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. According to available records, Ilene And Michael Shaw Charitable Trust I has made 2 grants totaling $1M, with a median grant of $509K. Annual giving has grown from $445K in 2022 to $574K in 2023. Individual grants have ranged from $445K to $574K, with an average award of $509K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
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.
Ilene And Michael Shaw Charitable Trust I primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IL.
Ilene And Michael Shaw Charitable Trust I has distributed a total of $1M across 2 grants. The median grant size is $509K, with an average of $509K. Individual grants have ranged from $445K to $574K.
Ilene And Michael Shaw Charitable Trust I typically selects its grantees rather than accepting unsolicited proposals.
Ilene And Michael Shaw Charitable Trust I is headquartered in HIGHLAND PARK, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ilene Shaw | Trustee | $0 | $0 | N/A |
Total Giving
$735K
Total Assets
$10.3M
Fair Market Value
$11.6M
Net Worth
$10.3M
Grants Paid
$574K
Contributions
$653K
Net Investment Income
$1.6M
Distribution Amount
$552K
Total: $8.3M
Total Grants
2
Total Giving
$1M
Average Grant
$509K
Median Grant
$509K
Unique Recipients
1
Most Common Grant
$445K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCharitable purposes | Highland Park, IL | $574K | 2023 |