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Shapiro Foundation is a private trust based in NEEDHAM, MA. The foundation received its IRS ruling in 2001. The principal officer is Esmond & Associates Inc.. It holds total assets of $123.7M. Annual income is reported at $25.9M. Total assets have grown from $29.3M in 2011 to $123.7M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Massachusetts and New York. According to available records, Shapiro Foundation has made 328 grants totaling $36.7M, with a median grant of $25K. Annual giving has grown from $8.5M in 2020 to $11.1M in 2023. Grantmaking activity was highest in 2022 with $17.1M distributed across 174 grants. Individual grants have ranged from N/A to $1.3M, with an average award of $112K. The foundation has supported 162 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Louisiana, which account for 59% of all grants. Grantmaking reaches organizations across 24 states. Contributions to this foundation are tax-deductible.
The Shapiro Foundation, headquartered in Needham, MA and founded in 2000 by Edward and Barbara Shapiro, operates as a classic family foundation with a deeply personal and values-driven grantmaking philosophy. With approximately $123.7M in assets and annual giving that reached $14.6M in 2023, this is a significant private funder — but one that operates entirely outside public application channels.
The foundation's core philosophy centers on what its website calls "win-win" opportunities: interventions that simultaneously benefit refugees and host communities, often through market-based or community-driven mechanisms. This distinguishes the Shapiros from purely humanitarian funders and explains investments in organizations like Social Finance (outcomes-based financing), Southern New Hampshire University (degree access for refugees), and Miles4Migrants (frequent flyer miles for refugee travel). The foundation rewards innovation and systems-level thinking, not just direct service delivery.
Organizationally, the Shapiros favor grantees that can manage substantial, multi-year relationships. The top 50 grantees average 2-4 grants each over the database period, with Boston Children's Hospital, Miles4Migrants, IRAP, and Choose Love all receiving 3-4 grants totaling $1M or more. This is a relationship funder: once inside the portfolio, organizations tend to stay.
First-time applicants must understand that there is no public application portal, no LOI process, and no submission deadline. The pathway to funding is exclusively through relationship cultivation — specifically through board connections with Ed and Barbara Shapiro, through warm introductions from existing grantees, or through participation in the refugee resettlement policy ecosystem in which the Shapiros are active. Organizations based in Massachusetts, New York, or Washington DC are geographically well-positioned, as these three jurisdictions account for the majority of grants (137 MA, 52 NY, 22 DC out of 328 total).
For organizations that do enter the portfolio, expect thorough vetting of programs, leadership, financials, and impact measurement systems. The Shapiros are hands-on philanthropists who bring significant personal research to grantmaking decisions.
The Shapiro Foundation's grantmaking has followed a clear growth trajectory: from $2.66M in total giving in 2012 to $14.6M in 2023, representing more than a 5x increase over eleven years. This growth accelerated notably after 2015, coinciding with the global refugee crisis and the foundation's strategic pivot toward displacement-focused work.
Analyzing the 328 grants in the database across 328 transactions to the top 50 recipients: - Total recorded giving: $36.7M across top-50 grantees - Average grant: $111,900 across all transactions - Typical grant size (from 990 data): Median $1,000 per the foundation record is likely skewed by small gifts; the operational grant range runs $31,000–$1,285,000 based on third-party research - Largest single grants: Boston Children's Hospital ($3.56M cumulative, 4 grants); Choose Love ($2.89M, 3 grants); The Rashi School ($1.95M, 4 grants); Miles4Migrants ($1.88M, 4 grants)
By program area, the giving breaks down roughly as follows based on stated grant purposes: - International Relief (refugee/displacement): ~55% of grant dollars — the dominant and growing category - Education: ~20% — spanning Jewish day schools (Rashi), workforce training (Year Up, SNHU, DUET), and higher education (Wharton, Bates, UCLA Anderson) - Medical Research/Health: ~12% — concentrated at Boston-area institutions (Boston Children's, Boston Medical Center, Partners in Health) - Domestic Needs (U.S.-based human services): ~10% — including Horizons for Homeless Children, Social Finance, Niskanen Center - Religious: ~3% — primarily Temple Beth Elohim and USCCB-related giving
Geographically, Massachusetts dominates (137 grants), followed by New York (52), DC (22), Illinois (9), Georgia (17), New Hampshire (10), Louisiana (6), Connecticut (5), Rhode Island (5), and California (19). International giving flows through U.S.-based intermediaries.
Annual giving trend: $10.1M (2020), $9.2M (2021), $11.5M (2022), $14.6M (2023). Assets have declined from $157M peak in 2021 to $124M in 2024, suggesting the foundation is intentionally spending down at an accelerating rate.
The Shapiro Foundation occupies a distinctive niche among similarly-sized Philanthropy & Grantmaking foundations: it is one of very few $100M+ private foundations with a primary focus on global refugee resettlement rather than domestic program areas.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Shapiro Foundation (MA) | $123.7M | $14.6M (2023) | Refugee resettlement, intl. relief | Invitation only |
| Couch Family Foundation (NH) | $123.4M | Not public | Philanthropy & Grantmaking | Not public |
| Bia Echo Foundation (NV) | $124.4M | Not public | Philanthropy & Grantmaking | Not public |
| Anverse Inc. (GA) | $124.1M | Not public | Philanthropy & Grantmaking | Not public |
| Barbara Kauffman Welder PF (TX) | $124.3M | Not public | Philanthropy & Grantmaking | Not public |
Among its asset-size peers in the database, Shapiro stands out for both transparency (990 data clearly shows a defined thematic focus) and the scale of annual giving relative to assets — a giving rate of approximately 11.8% in 2023 compared to the typical 5% minimum payout requirement. This elevated payout rate, combined with declining assets, signals that the foundation may be operating on an accelerated spending-down timeline. Grant seekers should note that the Shapiro Foundation's giving-to-assets ratio significantly exceeds peer foundations of similar size, making it one of the more active deployers of capital in its asset class.
No major leadership changes or new program announcements were publicly reported for 2025 or 2026 as of the research cutoff. The foundation maintains a deliberately low public profile and does not issue press releases or maintain an active news feed.
The most significant documented activity is the 2023 fiscal year data showing total giving of $14,611,542 — a 27% increase over 2022's $11,493,755 and the highest annual giving total in the foundation's recorded history. This surge was driven primarily by large grants to international relief organizations, particularly in the refugee resettlement space.
Key 2022-2023 grant activity based on database records includes continued multi-year support to Boston Children's Hospital (cumulative $3.56M), Choose Love ($2.89M), Miles4Migrants ($1.88M), IRAP ($1.7M), and World Relief ($1.34M). The Welcome Fund received $1.23M across 3 grants, reflecting growing interest in U.S. community sponsorship infrastructure.
The foundation's assets declined from $136.3M (2022) to $125.1M (2023) to $123.7M (2024 preliminary), while total revenue in 2023 was $4.6M against $14.6M in expenditures — suggesting a deliberate spend-down posture. Edward and Barbara Shapiro remain the sole trustees and receive no compensation, consistent with the foundation's entire operational history. The foundation's administrator of record is Esmond & Associates Inc. in Needham, MA.
This foundation does not accept unsolicited applications. All grants are made to preselected organizations through invitation only. The following tips address how to position your organization for eventual consideration:
Build the right relationships first. Edward Shapiro's personal philanthropic network includes RefugePoint, Social Finance, and IRAP — organizations whose leadership have direct lines to the Shapiros. Barbara Shapiro's board service at Horizons for Homeless Children provides a parallel entry point for domestic children's services organizations. Identify shared board members, advisory council connections, or co-funders as your primary relationship pathway.
Attend the right convenings. The Shapiro Foundation is active in the global refugee policy ecosystem. Organizations that participate in UNHCR-adjacent convenings, the Tent Partnership for Refugees, or community sponsorship policy forums are more likely to encounter Shapiro representatives in professional contexts.
Align language precisely. Use terms the foundation uses: "lawful pathways," "community sponsorship," "arrival, welcome, and integration," and "win-win" solutions for refugees and host communities. Avoid framing your work purely as emergency humanitarian response — the Shapiros fund durable, systems-level solutions.
Demonstrate scale readiness. With average grants of $111,900 and multi-grant relationships exceeding $1M, the foundation is not interested in small pilots. Organizations must be able to absorb and deploy significant capital with commensurate reporting and accountability infrastructure.
Show multi-year impact data. The foundation's preference for multi-grant relationships (most top grantees show 3-4 grants) means they are evaluating organizations as long-term partners. Come prepared with longitudinal outcome data, not just program descriptions.
Massachusetts-based organizations have an advantage. With 137 of 328 grants (42%) going to MA recipients, organizations headquartered in the greater Boston area — especially those with connections to Boston's Jewish philanthropic community — are well-positioned.
Do not contact the foundation cold. The registered phone number (818-610-2900) and Esmond & Associates administrator address are not public-facing grant inquiry channels. Cold outreach is actively discouraged and may preclude future consideration.
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Smallest Grant
$100
Median Grant
$1K
Average Grant
$61K
Largest Grant
$852K
Based on 124 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.
The Shapiro Foundation's grantmaking has followed a clear growth trajectory: from $2.66M in total giving in 2012 to $14.6M in 2023, representing more than a 5x increase over eleven years. This growth accelerated notably after 2015, coinciding with the global refugee crisis and the foundation's strategic pivot toward displacement-focused work. Analyzing the 328 grants in the database across 328 transactions to the top 50 recipients: - Total recorded giving: $36.7M across top-50 grantees - Average.
Shapiro Foundation has distributed a total of $36.7M across 328 grants. The median grant size is $25K, with an average of $112K. Individual grants have ranged from N/A to $1.3M.
The Shapiro Foundation, headquartered in Needham, MA and founded in 2000 by Edward and Barbara Shapiro, operates as a classic family foundation with a deeply personal and values-driven grantmaking philosophy. With approximately $123.7M in assets and annual giving that reached $14.6M in 2023, this is a significant private funder — but one that operates entirely outside public application channels. The foundation's core philosophy centers on what its website calls "win-win" opportunities: interven.
Shapiro Foundation is headquartered in NEEDHAM, MA. While based in MA, the foundation distributes grants to organizations across 24 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara J Shapiro | TRUSTEE | $0 | $0 | N/A |
| Edward L Shapiro | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$123.7M
Fair Market Value
N/A
Net Worth
$123.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
328
Total Giving
$36.7M
Average Grant
$112K
Median Grant
$25K
Unique Recipients
162
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Choose LoveINTERNATIONAL RELIEF | New York, NY | $1.3M | 2023 |
| Miles4migrantsINTERNATIONAL RELIEF | New Orleans, LA | $1.1M | 2023 |
| AirbnborgINTERNATIONAL RELIEF | San Francisco, CA | $1.1M | 2023 |
| Boston Children'S HospitalMEDICAL RESEARCH | Boston, MA | $1M | 2023 |
| AlightINTERNATIONAL RELIEF | Minneapolis, MN | $657K | 2023 |
| International Refugee Assistance Project (Irap)INTERNATIONAL RELIEF | New York, NY | $500K | 2023 |
| Boston Medical CenterMEDICAL RESEARCH | Boston, MA | $450K | 2023 |
| The Rashi SchoolEDUCATION | Dedham, MA | $413K | 2023 |
| The American ServiceDOMESTIC NEEDS | Saint Paul, MN | $400K | 2023 |
| Horizons For Homeless ChildrenDOMESTIC NEEDS | Roxbury, MA | $309K | 2023 |
| Social FinanceDOMESTIC NEEDS | Boston, MA | $300K | 2023 |
| Friends Of The University Of OttawaEDUCATION | Washington, DC | $300K | 2023 |
| World ReliefINTERNATIONAL RELIEF | Baltimore, MD | $279K | 2023 |
| Internation Institute Of New EnglandEDUCATION | Boston, MA | $255K | 2023 |
| Rockefeller Philanthropy AdvisorsEDUCATION | New York, NY | $250K | 2023 |
| Focusing PhilanthropyINTERNATIONAL RELIEF | Santa Monica, CA | $200K | 2023 |
| DuetEDUCATION | Boston, MA | $195K | 2023 |
| Refugee Home ProjectINTERNATIONAL RELIEF | New York, NY | $190K | 2023 |
| Welcome FundDOMESTIC NEEDS | New York, NY | $128K | 2023 |
| Bridge2rwandaEDUCATION | Little Rock, AR | $125K | 2023 |
| Immigrant Family Services Institute (Ifsi)INTERNATIONAL RELIEF | Mattpan, MA | $113K | 2023 |
| The Niskanen CenterDOMESTIC NEEDS | Washington, DC | $105K | 2023 |
| HiasINTERNATIONAL RELIEF | Silver Spring, MD | $100K | 2023 |
| Acs AnthensEDUCATION | Wilmington, DE | $92K | 2023 |
| RefugepointINTERNATIONAL RELIEF | Cambridge, MA | $90K | 2023 |
| Every Campus A RefugeINTERNATIONAL RELIEF | Greensboro, NC | $83K | 2023 |
| Southern New Hampshire UniversityEDUCATION | Hooksett, NH | $78K | 2023 |
| Japan Icu FoundationINTERNATIONAL RELIEF | New York, NY | $68K | 2023 |
| Beaver Country Day SchoolEDUCATION | Chestnut Hill, MA | $62K | 2023 |
| Ucla Foundation - AndersonEDUCATION | Los Angeles, CA | $61K | 2023 |
| Humanity RisesDOMESTIC NEEDS | Boston, MA | $60K | 2023 |
| Temple Beth ElohimDOMESTIC NEEDS | Wellesley, MA | $54K | 2023 |
| Bates CollegeEDUCATION | Lewiston, ME | $51K | 2023 |
| Open CollectiveDOMESTIC NEEDS | Walnut, CA | $50K | 2023 |
| Jewish Family ServicesDOMESTIC NEEDS | Waltham, MA | $50K | 2023 |
| Karam FoundationINTERNATIONAL RELIEF | Chicago, IL | $50K | 2023 |
| White Star Education FundEDUCATION | Burkburnett, TX | $32K | 2023 |
| Political Asylum Immigration Rep (Pair)INTERNATIONAL RELIEF | Boston, MA | $30K | 2023 |
| EmoryEDUCATION | Atlanta, GA | $30K | 2023 |
| Team ImpactDOMESTIC NEEDS | Quincy, MA | $30K | 2023 |
| Refugees InternationalINTERNATIONAL RELIEF | Washington, DC | $25K | 2023 |
| TenacityDOMESTIC NEEDS | Boston, MA | $25K | 2023 |
| Jewish Big Brothers Big SistersDOMESTIC NEEDS | Newton, MA | $25K | 2023 |
| Refugee Council Usa (Rcusa)DOMESTIC NEEDS | Washington, DC | $25K | 2023 |
| Justice Action CenterDOMESTIC NEEDS | Los Angeles, CA | $25K | 2023 |
| WelcomenstINTERNATIONAL RELIEF | Marlborough, MA | $20K | 2023 |
| University Of Pennsylvania-WhartonEDUCATION | Philadelphia, PA | $20K | 2023 |
| Thrive ScholarsDOMESTIC NEEDS | Boston, MA | $20K | 2023 |
| Humanitarian Innovation GroupINTERNATIONAL RELIEF | New York, NY | $20K | 2023 |
| Bentley UniversityEDUCATION | Waltham, MA | $15K | 2023 |