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Shearwater Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2003. It holds total assets of $1.1M. Annual income is reported at $120K. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. The foundation primarily funds organizations in Alabama, Virginia and Tennessee. According to available records, Shearwater Foundation has made 17 grants totaling $219K, with a median grant of $12K. The foundation has distributed between $56K and $104K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $104K distributed across 8 grants. Individual grants have ranged from $6K to $20K, with an average award of $13K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Maryland, Virginia, Alabama, which account for 76% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$13K
Average Grant
$15K
Largest Grant
$25K
Based on 6 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.
Shearwater Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MD, VA, AL.
Shearwater Foundation has distributed a total of $219K across 17 grants. The median grant size is $12K, with an average of $13K. Individual grants have ranged from $6K to $20K.
Shearwater Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shearwater Foundation is headquartered in HUNTSVILLE, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Milton Harris | PRESIDENT | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$995K
Fair Market Value
$995K
Net Worth
$995K
Grants Paid
$56K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$47K
Total: N/A
Total Grants
17
Total Giving
$219K
Average Grant
$13K
Median Grant
$12K
Unique Recipients
6
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jocotoco FoundationGENERAL SUPPORT | Baltimore, MD | $20K | 2023 |
| Our Kids IncGENERAL SUPPORT | Nashville, TN | $12K | 2023 |
| Village Of PromiseGENERAL SUPPORT | Huntsville, AL | $10K | 2023 |
| The Nature Conservancy Of AlabamaGENERAL SUPPORT | Birmingham, AL | $7K | 2023 |
| American Bird ConservancyGENERAL SUPPORT | The Plains, VA | $7K | 2023 |
| Impact AmericaGENERAL SUPPORT | Birmingham, AL | $6K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL