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Shearman Foundation is a private corporation based in LAKE CHARLES, LA. The foundation received its IRS ruling in 1982. It holds total assets of $3.6M. Annual income is reported at $432K. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Shearman Foundation has made 156 grants totaling $1.6M, with a median grant of $2K. Annual giving has grown from $336K in 2021 to $842K in 2023. Individual grants have ranged from $100 to $218K, with an average award of $10K. The foundation has supported 90 unique organizations. The foundation primarily supports organizations in Louisiana, Colorado, New York, which account for 95% of all grants. Grantmaking reaches organizations across 8 states. 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.
Shearman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 156 grants. Its grantmaking reaches organizations primarily in LA, CO, NY.
Shearman Foundation has distributed a total of $1.6M across 156 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $100 to $218K.
Shearman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shearman Foundation is headquartered in LAKE CHARLES, LA. While based in LA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Isabella Shearman | Trustee | $0 | $0 | N/A |
| Thaddeus Stakely Cook | Trustee | $0 | $0 | N/A |
| Thomas B Shearman Iii | Trustee | $0 | $0 | N/A |
| Thad Cook | Trustee | $0 | $0 | N/A |
| Susan Cook | Trustee | $0 | $0 | N/A |
Total Giving
$605K
Total Assets
$3.8M
Fair Market Value
$9.8M
Net Worth
$3.8M
Grants Paid
$507K
Contributions
N/A
Net Investment Income
$131K
Distribution Amount
$466K
Total: $2.9M
Total Grants
156
Total Giving
$1.6M
Average Grant
$10K
Median Grant
$2K
Unique Recipients
90
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Nicholas CenterDONATION | Lake Charles, LA | $29K | 2023 |
| Community FoundationDONATION | Lake Charles, LA | $20K | 2023 |
| Salvation ArmyDONATION | Lake Charles, LA | $2K | 2023 |
| Mcneese Univ FoundationDONATION | Lake Charles, LA | $80K | 2023 |
| Trinidad State CollegeDONATION | Trinidad, CO | $75K | 2023 |
| Episcopal Day SchoolDONATION | Lake Charles, LA | $51K | 2023 |
| Lcmh FoundationDONATION | Lake Charles, LA | $27K | 2023 |
| Imperial Calcasieu MuseumDONATION | Lake Charles, LA | $25K | 2023 |
| United Against HungerDONATION | Lake Charles, LA | $15K | 2023 |
| Sowela FoundationDONATION | Lake Charles, LA | $13K | 2023 |
| Walsh Park BenevolentDONATION | Fisher Island, NY | $10K | 2023 |
| Polo For Life IncDONATION | Wellington, FL | $10K | 2023 |
| Mcneese Athletic FoundationDONATION | Lake Charles, LA | $8K | 2023 |
| Fishers Island CommunityDONATION | Fisher Island, NY | $6K | 2023 |
| CarcDONATION | Lake Charles, LA | $5K | 2023 |
| Christus St Patrick FoundationDONATION | Lake Charles, LA | $5K | 2023 |
| Mcneese State UniversityDONATION | Lake Charles, LA | $5K | 2023 |
| Anacoco H S Boys BasketballDONATION | Anacoco, LA | $3K | 2023 |
| Oberlin Girls BasketballDONATION | Lake Charles, LA | $3K | 2023 |
| Hope House Of DequincyDONATION | Dequincy, LA | $3K | 2023 |
| Banners At McneeseDONATION | Lake Charles, LA | $3K | 2023 |
| Whistle StopDONATION | Lake Charles, LA | $3K | 2023 |
| Women'S Commission Of SwlaDONATION | Lake Charles, LA | $3K | 2023 |
| Southern Tennis FoundationDONATION | New York, NY | $3K | 2023 |
| Sulphur ChristianDONATION | Sulphur, LA | $3K | 2023 |