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Shores Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is Michael L Ryan. It holds total assets of $17.2M. Annual income is reported at $2.2M. Total assets have grown from $311K in 2018 to $16.6M in 2023. 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 2020 to 2023. The foundation primarily funds organizations in New York and California. According to available records, Shores Foundation has made 36 grants totaling $3.7M, with a median grant of $75K. Annual giving has grown from $630K in 2020 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 12 grants. Individual grants have ranged from $3K to $400K, with an average award of $103K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in California, New York, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$85K
Average Grant
$105K
Largest Grant
$200K
Based on 4 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.
Shores Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in CA, NY, IL.
Shores Foundation has distributed a total of $3.7M across 36 grants. The median grant size is $75K, with an average of $103K. Individual grants have ranged from $3K to $400K.
Shores Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shores Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Jamie Alter | TRUSTEE | $0 | $0 | N/A |
| Michael L Ryan | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$16.6M
Fair Market Value
$18.9M
Net Worth
$16.6M
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$830K
Distribution Amount
$882K
Total: N/A
Total Grants
36
Total Giving
$3.7M
Average Grant
$103K
Median Grant
$75K
Unique Recipients
24
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The CityACHIEVE CHARITABLE PURPOSE | New York, NY | $400K | 2023 |
| Harbor HouseACHIEVE CHARITABLE PURPOSE | Thousand Oaks, CA | $3K | 2023 |
| New VisionsACHIEVE CHARITABLE PURPOSE | New York, NY | $25K | 2022 |
| Brown UniversityCHARITABLE | Providence, RI | $50K | 2020 |
| Obama FoundationACHIEVE CHARITABLE PURPOSE | Chicago, IL | $333K | 2023 |
| Rand CorporationACHIEVE CHARITABLE PURPOSE | Santa Monica, CA | $200K | 2023 |
| Lacma(Los Angeles County Museum Of ArtACHIEVE CHARITABLE PURPOSE | Los Angeles, CA | $200K | 2023 |
| Hudson River ParkACHIEVE CHARITABLE PURPOSE | New York, NY | $25K | 2023 |
| Pbs FoundationACHIEVE CHARITABLE PURPOSE | Arlington, VA | $15K | 2023 |
| The Public TheaterACHIEVE CHARITABLE PURPOSE | New York, NY | $10K | 2023 |
| The 19th NewsACHIEVE CHARITABLE PURPOSE | Austin, TX | $10K | 2023 |
| Cambridge In AmericaACHIEVE CHARITABLE PURPOSE | New York, NY | $10K | 2023 |
| Ballet HispanicoACHIEVE CHARITABLE PURPOSE | New York, NY | $8K | 2023 |
| Tate Americas FoundationACHIEVE CHARITABLE PURPOSE | New York, NY | $5K | 2023 |
| CalartsCHARITABLE | Valencia, CA | $75K | 2022 |
| Wesleyan UniversityCHARITABLE | Middletown, CT | $60K | 2022 |
| Lacma(Los Angeles County Museum Of Art)CHARITABLE | Los Angeles, CA | $200K | 2021 |
| High LineCHARITABLE | New York, NY | $100K | 2021 |
| Rockefeller UniversityCHARITABLE | New York, NY | $50K | 2021 |
| California Institute Of The ArtsCHARITABLE | Valencia, CA | $125K | 2020 |
| Studio Museum In HarlemCHARITABLE | New York, NY | $75K | 2020 |
| Injustice WatchCHARITABLE | Chicago, IL | $75K | 2020 |
| New Visions For Public SchoolsCHARITABLE | New York, NY | $50K | 2020 |
| WitsCHARITABLE | Clifton Park, NY | $50K | 2020 |