Bert & Ann Shearer Foundation

Foundation · Grantmaker 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.

Key facts about Bert & Ann Shearer Foundation

EIN: 31-1681324
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $110,000
Grants made (2024): 6
Average grant: $18,333
Median grant: $15,000
Total assets: $347,286
Primary geography: West Virginia (45% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Bert & Ann Shearer Foundation funds

By grant dollars, the top recipient states for Bert & Ann Shearer Foundation's 6 itemized 2024 grants were West Virginia (45%), Illinois (27%) and Virginia (14%). The most frequent recipient cities were Charleston, WV (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Bert & Ann Shearer Foundation gives

Giving held roughly steady from 2021 to 2024 (+0%). Method
In 2024 it paid out 305% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Bert & Ann Shearer Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$347K

-22.1% YoY

Annual Giving

$110K

+15.8% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $50K (45%)

Illinois $30K (27%)

Virginia $15K (14%)

Texas $15K (14%)

Share of all 6 itemized 2024 grant dollars.

States

Colorado Illinois Texas Virginia West Virginia

Cities

CharlestonEast MolinePoint PleasantAlexandriaThe WoodlandsWellington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
LIVING LANDS & WATERS East Moline, IL	GENERAL OPERATING	$30,000
POINT PLEASANT RIVER MUSEUM Point Pleasant, WV	GENERAL OPERATING	$20,000
SOUTH PARK PRESBYTERIAN CHURCH Charleston, WV	GENERAL OPERATING	$15,000
THE SALVATION ARMY Alexandria, VA	GENERAL OPERATING	$15,000
MOUNTAIN MISSION INC Charleston, WV	GENERAL OPERATING	$15,000
DIVE PIRATES FOUNDATION The Woodlands, TX	GENERAL OPERATING	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Mike Shearer	Secretary	—	—
Harold a Klink	Treasurer	—	—
Ed Shearer	President	—	—
Gayle Shearer	Vice Preside	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.