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Shipps Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2000. The principal officer is Bessemer Trust. It holds total assets of $761K. Annual income is reported at $115K. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in New York, California and Tennessee. According to available records, Shipps Foundation has made 32 grants totaling $200K, with a median grant of $5K. The foundation has distributed between $37K and $67K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $67K distributed across 10 grants. Individual grants have ranged from $1K to $10K, with an average award of $6K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Tennessee, California, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$8K
Based on 8 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.
Shipps Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in NY, TN, CA.
Shipps Foundation has distributed a total of $200K across 32 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $10K.
Shipps Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shipps Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christina Davis | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| V Allison Davis O'Keefe | DIRECTOR | $0 | $0 | N/A |
Total Giving
$39K
Total Assets
$709K
Fair Market Value
$911K
Net Worth
$709K
Grants Paid
$37K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$42K
Total Grants
32
Total Giving
$200K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Claremont Mckenna CollegeOPERATIONAL | Claremont, CA | $5K | 2023 |
| Women'S Prison AssociationOPERATIONAL | New York, NY | $10K | 2023 |
| Museum Of Modern ArtOPERATIONAL | New York, NY | $10K | 2023 |
| Citizens Union FoundatoinOPERATIONAL | New York, NY | $6K | 2023 |
| Episcopal High SchoolOPERATIONAL | Alexandria, VA | $5K | 2023 |
| St Hilda'S & St Hugh'S SchoolOPERATIONAL | New York, NY | $1K | 2023 |
| Women'S Prison AssocationOPERATIONAL | New York, NY | $10K | 2022 |
| Citizens Union FoundationOPERATIONAL | New York, NY | $6K | 2022 |
| New York Landmarks Preservation FdnOPERATIONAL | New York, NY | $5K | 2022 |
| Tr Presidential Library FoundationOPERATIONAL | Medora, ND | $10K | 2021 |
| Meharry Medical CollegeOPERATIONAL | Nashville, TN | $10K | 2021 |
| Gatestone InstituteOPERATIONAL | New York, NY | $5K | 2021 |
| St Hilda'S & St Hughes SchoolOPERATIONAL | New York, NY | $3K | 2021 |