Aaron Ross Shapiro Foundation

Private foundation · Grantmaker Boone, NC EIN: 83-2201423

Aaron Ross Shapiro Foundation is a private foundation, based in Boone, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $328K in total assets. In 2025, it awarded 4 grants totaling $50K. Net investment income was $2K.

Aaron Ross Shapiro Foundation at a glance

In short: Aaron Ross Shapiro Foundation gave $50K across 4 grants in 2025 (avg $13K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$50,400
-39.5% vs 2024
Grants made (2025)
4
+300.0% vs 2024
Average grant
$12,600
-84.9% vs 2024
Median grant
$150
Total assets
$328,404
+13.3% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Aaron Ross Shapiro Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Appalachian State University: $50KAppalachian State University$50KNC Community Disaster Fund: $200NC Community Disaster Fund$200Watauga Humane Society: $100Watauga Humane Society$100Watauga County Rescue Squad: $100Watauga County Rescue Squad$100

The largest 2025 recipient was Appalachian State University ($50K). Together the top 4 received $50K.

Grant Size Distribution

16 grants across all recorded years

14<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 16 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BooneSan RafaelClaremontRaleigh

How Aaron Ross Shapiro Foundation gives

  • Giving grew 95% from 2022 to 2025. Method
  • In 2025 it paid out 212% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K3 grants2020 6 grants2021 3 grants2022 2 grants2023 1 grant2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $21K (2020) to $83K (2024). In 2025 it made 4 grants totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Appalachian State University Boone, NCOperations$50,000
NC Community Disaster Fund Raleigh, NCOperations$200
Watauga Humane Society Boone, NCOperations$100
Watauga County Rescue Squad Boone, NCOperations$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$328,404$90,739$52,128$50,4004$50,400$2,199$23,826
2024$289,793$113,356$85,073$83,3331$83,333$8,798$16,292
2023$261,510$58,158$46,743$45,1002$45,100$3,732$11,571
2022$250,095$85,375$27,322$25,8973$25,897$2,490$9,887
2021$192,042$90,654$26,345$25,0336$25,033$1,776$8,122
2020$126,222$51,063$23,678$20,7523——$4,922

Under IRS private-foundation payout rules, Aaron Ross Shapiro Foundation reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Aaron Ross Shapiro Foundation is led by David Shapiro, President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • David Shapiro

    President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Aaron Ross Shapiro Foundation

How much does Aaron Ross Shapiro Foundation give each year?

Aaron Ross Shapiro Foundation gave $50K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $83K across 1 grant.

What is Aaron Ross Shapiro Foundation's typical grant size?

Aaron Ross Shapiro Foundation's median grant in 2025 was $150, and its average grant was $12,600, across 4 grants on its 2025 IRS Form 990-PF.

Where does Aaron Ross Shapiro Foundation give grants?

Aaron Ross Shapiro Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boone, NC (3 grants).

Does Aaron Ross Shapiro Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Aaron Ross Shapiro Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (4 grants).

How large is Aaron Ross Shapiro Foundation?

Aaron Ross Shapiro Foundation reported $328K in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

What is Aaron Ross Shapiro Foundation's EIN?

Aaron Ross Shapiro Foundation's EIN (Employer Identification Number) is 83-2201423. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Aaron Ross Shapiro Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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