Bert & Ann Shearer Foundation

FORT WRIGHT, KY EIN: 31-1681324

Bert & Ann Shearer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WRIGHT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $347K in total assets. In 2024, it awarded 6 grants totaling $110K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$347K

-22.1% YoY

Annual Giving

$110K

+15.8% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$18K

-3.5% YoY

Under IRS private-foundation payout rules, Bert & Ann Shearer Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About Bert & Ann Shearer Foundation

Based on IRS filings

Bert & Ann Shearer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WRIGHT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $347K in total assets. In 2024, it awarded 6 grants totaling $110K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlexandriaCharlestonEast MolinePoint PleasantThe WoodlandsWellington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$70K$105K$140K20202021202220232024
Metric202420232022
Total Assets$347,286$445,785$532,638
Revenue$17,549$17,119$87,547
Expenses$116,048$103,972$127,533
Qualifying Distributions$110,000$95,000$113,003
Net Investment Income$17,452$16,917$75,289
Distributable Amount$36,021$36,621$44,330

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$110K6 grants20206 grants20216 grants20225 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

LIVING LANDS & WATERS$30KPOINT PLEASANT RIVER MUS…$20KSOUTH PARK PRESBYTERIAN …$15KTHE SALVATION ARMY$15KMOUNTAIN MISSION INC$15KDIVE PIRATES FOUNDATION$15K

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Living Lands & Waters ($30,000), Point Pleasant River Museum ($20,000), South Park Presbyterian Church ($15,000).

RecipientPurposeAmount
SOUTH PARK PRESBYTERIAN CHURCH CHARLESTON, WVGENERAL OPERATING$15,000
THE SALVATION ARMY ALEXANDRIA, VAGENERAL OPERATING$15,000
POINT PLEASANT RIVER MUSEUM POINT PLEASANT, WVGENERAL OPERATING$20,000
MOUNTAIN MISSION INC CHARLESTON, WVGENERAL OPERATING$15,000
LIVING LANDS & WATERS EAST MOLINE, ILGENERAL OPERATING$30,000
DIVE PIRATES FOUNDATION THE WOODLANDS, TXGENERAL OPERATING$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MIKE SHEARERSECRETARY
HAROLD A KLINKTREASURER
ED SHEARERPRESIDENT
GAYLE SHEARERVICE PRESIDE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bert & Ann Shearer Foundation?

Bert & Ann Shearer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WRIGHT, KY. It holds $347K in total assets as of 2024.

How large is Bert & Ann Shearer Foundation?

As of 2024, Bert & Ann Shearer Foundation holds $347K in total assets with $18K in annual revenue. It awarded 6 grants totaling $110K in 2024.

Where does Bert & Ann Shearer Foundation operate?

Bert & Ann Shearer Foundation has awarded grants in Colorado, Illinois, Texas, Virginia, West Virginia.

What size grants does Bert & Ann Shearer Foundation award?

In 2024, Bert & Ann Shearer Foundation awarded 6 grants totaling $110K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Bert & Ann Shearer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bert & Ann Shearer Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bert & Ann Shearer Foundation's EIN?

Bert & Ann Shearer Foundation's EIN (Employer Identification Number) is 31-1681324. IRS Form 990 filing data is available on this page for 2020–2024.

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

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