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Also known as: FOUNDATION
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Julie And Michael Shields Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 2007. The principal officer is Lake City Bank. It holds total assets of $478K. Annual income is reported at $115K. Total assets have grown from $216K in 2011 to $474K in 2023. The foundation is governed by 2 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 2017 to 2023. According to available records, Julie And Michael Shields Foundation has made 6 grants totaling $77K, with a median grant of $12K. Annual giving has grown from $24K in 2020 to $31K in 2022. Individual grants have ranged from $6K to $23K, with an average award of $13K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Indiana. 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.
Julie And Michael Shields Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IN.
Julie And Michael Shields Foundation has distributed a total of $77K across 6 grants. The median grant size is $12K, with an average of $13K. Individual grants have ranged from $6K to $23K.
Julie And Michael Shields Foundation typically selects its grantees rather than accepting unsolicited proposals.
Julie And Michael Shields Foundation is headquartered in LAS VEGAS, NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Merchants Bank | TRUSTEE | $5K | $0 | $5K |
| Premier Trust | TRUSTEE | N/A | $0 | N/A |
Total Giving
$45K
Total Assets
$474K
Fair Market Value
$675K
Net Worth
$474K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$31K
Total: $113K
Total Grants
6
Total Giving
$77K
Average Grant
$13K
Median Grant
$12K
Unique Recipients
2
Most Common Grant
$6K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bishop Dewnger High School2022 ANNUAL DISTRIBUTION | Fort Wayne, IN | $23K | 2022 |
| Bishop Luers High School2022 ANNUAL DISTRIBUTION | Fort Wayne, IN | $8K | 2022 |