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Shore Fund is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1982. It holds total assets of $7.6M. Annual income is reported at $2M. Total assets have grown from $4M in 2011 to $7.5M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 6 states, including Pennsylvania, New York, North Carolina. According to available records, Shore Fund has made 40 grants totaling $2.1M, with a median grant of $18K. The foundation has distributed between $408K and $920K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $920K distributed across 16 grants. Individual grants have ranged from $4K to $225K, with an average award of $54K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Carolina, Florida, Pennsylvania, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$17K
Average Grant
$51K
Largest Grant
$200K
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.
Shore Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NC, FL, PA.
Shore Fund has distributed a total of $2.1M across 40 grants. The median grant size is $18K, with an average of $54K. Individual grants have ranged from $4K to $225K.
Shore Fund typically selects its grantees rather than accepting unsolicited proposals.
Shore Fund is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | CO-TRUSTEE | $49K | $0 | $49K |
| Margaret F Blackburn | CO-TRUSTEE | $0 | $0 | N/A |
| Christine Wagner | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$472K
Total Assets
$7.5M
Fair Market Value
$8.6M
Net Worth
$7.5M
Grants Paid
$408K
Contributions
N/A
Net Investment Income
$444K
Distribution Amount
$399K
Total Grants
40
Total Giving
$2.1M
Average Grant
$54K
Median Grant
$18K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North Carolina Community FoundationGENERAL OPERATING | Wilmington, NC | $200K | 2023 |
| Collier Community FdnGENERAL OPERATING | Naples, FL | $136K | 2023 |
| Ann & Paul Mckean Family FundGENERAL OPERATING | Pittsburgh, PA | $18K | 2023 |
| The Chicago FoundationGENERAL OPERATING | River Forest, IL | $18K | 2023 |
| Tucker Community FoundationGENERAL OPERATING | Parsons, WV | $18K | 2023 |
| The Masters SchoolGENERAL OPERATING | Dobbs Ferry, NY | $10K | 2023 |
| Mckean Iii Charitable FundGENERAL OPERATING | Pittsburgh, PA | $4K | 2023 |
| Margaret Anna Mckean Charitable FundGENERAL OPERATING | Pittsburgh, PA | $4K | 2023 |
| North Carolina Community Foundation IncGENERAL OPERATING | Raleigh, NC | $225K | 2022 |
| Community Foundation Of Collier CountyGENERAL OPERATING | Naples, FL | $146K | 2022 |
| Chicago Community FoundationGENERAL OPERATING | Chicago, IL | $23K | 2022 |