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Margaret B Shipman Foundation is a private corporation based in KEAAU, HI. The foundation received its IRS ruling in 1984. The principal officer is Thomas English. It holds total assets of $123K. Annual income is reported at $15K. Total assets have grown from $85K in 2011 to $108K in 2023. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Hawaii. According to available records, Margaret B Shipman Foundation has made 20 grants totaling $21K, with a median grant of $1K. Annual giving has grown from $5K in 2020 to $11K in 2022. Individual grants have ranged from $1K to $1K, with an average award of $1K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$1K
Based on 5 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.
Margaret B Shipman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in HI.
Margaret B Shipman Foundation has distributed a total of $21K across 20 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.
Generally for use in the County of Hawaii recipients must be tax-exempt or government organizations.
Margaret B Shipman Foundation is headquartered in KEAAU, HI.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$5K
Total Assets
$108K
Fair Market Value
$112K
Net Worth
$102K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$5K
Total: $88K
Total Grants
20
Total Giving
$21K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
5
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Keaau Elementary School PtsaOperating funds | Keaau, HI | $1K | 2022 |
| Keaau Middle SchoolOperating funds | Keaau, HI | $1K | 2022 |
| Keaau High SchoolOperating funds | Keaau, HI | $1K | 2022 |
| Paniolo Preservation SocietyOperating funds | Kamuela, HI | $1K | 2022 |
| Hope Services HawaiiOperating funds | Hilo, HI | $1K | 2022 |