Caroline Shipman Foundation

KEAAU, HI EIN: 99-0231196

Caroline Shipman Foundation is a private foundation focused on Health, based in KEAAU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 16 grants totaling $22K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$261K

+1.0% YoY

Annual Giving

$22K

+49.5% YoY

Grant Count

16

+23.1% YoY

Avg Grant Size

$1K

+21.5% YoY

Under IRS private-foundation payout rules, Caroline Shipman Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Caroline Shipman Foundation

Based on IRS filings

Caroline Shipman Foundation is a private foundation focused on Health, based in KEAAU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 16 grants totaling $22K. Net investment income was $18K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Captain CookHawaii National ParkHiloKeaauVolcano

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K20202021202220232024
Metric202420232022
Total Assets$261,053$258,495$260,299
Revenue$18,630$14,165$14,325
Expenses$21,692$14,749$16,293
Qualifying Distributions$21,500$14,380$16,293
Net Investment Income$18,438$13,796$14,325
Distributable Amount$22,863$21,285$15,052

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K12 grants202011 grants202111 grants202213 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hawaii Science and Techn…$5KSalvation Army$2KThe Food Basket$2KHawaii Care Choices$2KVolcano Community Founda…$1KKona Historical Society$1KBoys and Girls CLub of t…$1KLyman Museum$1KPuna Hongwanji Mission$1KPuna Covenant Church$1K

Grant Size Distribution

63 grants across all recorded years

63<$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 Hawaii Science and Technology Museum ($5,000), Salvation Army ($1,500), The Food Basket ($1,500).

RecipientPurposeAmount
Hawaii Science and Technology Museum Hilo, HIOperating Funds$5,000
Volcano Community Foundation Volcano, HIOperating Funds$1,000
Kona Historical Society Captain Cook, HIOperating Funds$1,000
Boys and Girls CLub of the Big Island Hilo, HIOperating Funds$1,000
Lyman Museum Hilo, HIOperating Funds$1,000
Puna Hongwanji Mission Keaau, HIOperating Funds$1,000
Puna Covenant Church Keaau, HIOperating Funds$1,000
Salvation Army Hilo, HIOperating Funds$1,500
The Food Basket Hilo, HIOperating Funds$1,500
Hilo Medical Center Foundation Hilo, HIOperating Funds$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Thomas T EnglishPres2
Margaret E M FariasVice Pres
Daria L JoquinSec Tres

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Caroline Shipman Foundation?

Caroline Shipman Foundation is a private foundation focused on Health, based in KEAAU, HI. It holds $261K in total assets as of 2024.

How large is Caroline Shipman Foundation?

As of 2024, Caroline Shipman Foundation holds $261K in total assets with $19K in annual revenue. It awarded 16 grants totaling $22K in 2024.

Where does Caroline Shipman Foundation operate?

Caroline Shipman Foundation has awarded grants in Hawaii.

What size grants does Caroline Shipman Foundation award?

In 2024, Caroline Shipman Foundation awarded 16 grants totaling $22K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Caroline Shipman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Caroline Shipman Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Caroline Shipman Foundation's EIN?

Caroline Shipman Foundation's EIN (Employer Identification Number) is 99-0231196. 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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