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Shady Rest Foundation Inc. is a private corporation based in FORT MYERS, FL. The foundation received its IRS ruling in 2005. The principal officer is Robert Murray. It holds total assets of $2.5M. Annual income is reported at $1.8M. Total assets have decreased from $6.5M in 2021 to $4.4M in 2022. The foundation is governed by 4 officers and trustees. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Shady Rest Foundation Inc. has made 5 grants totaling $3.5M, with a median grant of $128K. Annual giving has grown from $528K in 2022 to $3M in 2023. Individual grants have ranged from $10K to $3M, with an average award of $708K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Florida. 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.
Shady Rest Foundation Inc. primarily funds organizations in the area of health. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL.
Shady Rest Foundation Inc. has distributed a total of $3.5M across 5 grants. The median grant size is $128K, with an average of $708K. Individual grants have ranged from $10K to $3M.
Shady Rest Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Shady Rest Foundation Inc. is headquartered in FORT MYERS, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arie J Vanduijn | SECRETARY | $0 | $0 | N/A |
| Robert L Murray | PRESIDENT & CHAIR | $0 | $0 | N/A |
| Sheila Carlson | TREASURER | $0 | $0 | N/A |
| Jo Stecher | VICE CHAIR | $0 | $0 | N/A |
Total Giving
$3.1M
Total Assets
$4.4M
Fair Market Value
$4.4M
Net Worth
$4.4M
Grants Paid
$3M
Contributions
$244K
Net Investment Income
$199K
Distribution Amount
$295K
Total Grants
5
Total Giving
$3.5M
Average Grant
$708K
Median Grant
$128K
Unique Recipients
4
Most Common Grant
$3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fgcu FoundationSCHOLARSHIPS | Fort Myers, FL | $3M | 2023 |
| The Alvin A Dubin CenterCHARITABLE PROGRAMS AND FUNDRAISER SPONSORSHIP | Fort Myers, FL | $10K | 2023 |
| Florida Southwestern State CollegeSCHOLARSHIPS | Fort Myers, FL | $300K | 2022 |
| The Dubin CenterCHARITABLE PROGRAMS AND FUNDRAISER SPONSORSHIP | Fort Myers, FL | $128K | 2022 |