//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Shearer-Owen Music Foundation is a private corporation based in SHERMAN OAKS, CA. The foundation received its IRS ruling in 2021. The principal officer is John G Power. It holds total assets of $5M. Annual income is reported at $4.5M. Total assets have grown from $2M in 2019 to $5M in 2024. The foundation is governed by 4 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 2020 to 2024. The foundation primarily funds organizations in California, New York and Louisiana. According to available records, Shearer-Owen Music Foundation has made 11 grants totaling $280K, with a median grant of $25K. Annual giving has grown from $100K in 2021 to $180K in 2022. Individual grants have ranged from $5K to $50K, with an average award of $25K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Louisiana and New York and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$25K
Average Grant
$33K
Largest Grant
$50K
Based on 3 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.
Shearer-Owen Music Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in LA, NY, CA.
Shearer-Owen Music Foundation has distributed a total of $280K across 11 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $5K to $50K.
Shearer-Owen Music Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shearer-Owen Music Foundation is headquartered in SHERMAN OAKS, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judith Owen | DIRECTOR | $0 | $0 | N/A |
| John Power | DIRECTOR, PRESIDENT, AND TREASURER | $0 | $0 | N/A |
| Anna Derparseghian | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Harry Shearer | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5M
Fair Market Value
N/A
Net Worth
$5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$280K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The LensPUBLIC INTEREST JOURNALISM PROGRAMS | New Orleans, LA | $50K | 2022 |
| Maestra Music IncWOMEN AND NONBINARY MUSICIAN PROGRAMS | New York, NY | $25K | 2022 |
| New Orleans Musicians Assistance FoundationCLINICAL SERVICES AND COMMUNITY HEALTH PROGRAMS | New Orleans, LA | $10K | 2022 |
| Foundation For National Progress (Mother Jones)INVESTIGATIVE JOURNALISM PROGRAMS | San Francisco, CA | $5K | 2022 |
| Krewe Of Red BeansCREATION OF HYBRID COMMUNITY CENTER, MUSEUM,AND ORGANIZATION HEADQUARTERS | New Orleans, LA | $50K | 2021 |
| Coldwater Canyon Elementary SchoolTO HELP FUND FOR AN INSTRUMENTAL MUSIC TEACHER | North Hollywood, CA | $25K | 2021 |
| Jazz Foundation Of AmericaPRODUCTION OF TEN STREAMING CONCERTS | New York, NY | $25K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA