Gerald a Shearer Charitable Foundation

TALLAHASSEE, FL EIN: 84-6727727

Gerald a Shearer Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TALLAHASSEE, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 5 grants totaling $5.6M. Net investment income was $1.0M.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$5.6M

+2706.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.1M

+2706.1% YoY

Under IRS private-foundation payout rules, Gerald a Shearer Charitable Foundation reported a distributable amount of $236K for 2021 — the minimum it must pay out in qualifying distributions.

About Gerald a Shearer Charitable 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

Florida $4.6M (80%)

Tennessee $1.2M (20%)

States

Florida Tennessee

Cities

MemphisPensacolaSt PetersburgTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$4,646,401
Revenue	$1,049,868	$4,886,409
Expenses	$5,696,269	$240,008
Qualifying Distributions	$5,665,075	—
Net Investment Income	$1,030,069	$95,854
Distributable Amount	$236,369	$106,676

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include American Heart Association ($1,122,421), Holy Cross Episcopal Church ($1,122,421), Salvation Army ($1,122,421).

Recipient	Purpose	Amount
AMERICAN HEART ASSOCIATION ST PETERSBURG, FL	FOR USE IN ESCAMBIA AND SANTA ROSA COUNTIES, FLORIDA	$1,122,421
HOLY CROSS EPISCOPAL CHURCH PENSACOLA, FL	FOR USE IN PENSACOLA, FLORIDA	$1,122,421
SALVATION ARMY PENSACOLA, FL	FOR USE IN THE PENSACOLA FLORIDA MISSION	$1,122,421
SHRINERS HOSPITAL FOR CHILDREN TAMPA, FL	FOR USE IN TAMPA, FLORIDA	$1,122,421
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN	FOR USE IN MEMPHIS, TENNESSEE FOR RESEARCH	$1,122,421

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
CAPITAL CITY TRUST COMPANY	TRUSTEE	1	$37,292

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gerald a Shearer Charitable Foundation?

Gerald a Shearer Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TALLAHASSEE, FL. It holds — in total assets as of 2021.

Where does Gerald a Shearer Charitable Foundation operate?

Gerald a Shearer Charitable Foundation has awarded grants in Florida, Tennessee.

What size grants does Gerald a Shearer Charitable Foundation award?

In 2021, Gerald a Shearer Charitable Foundation awarded 5 grants totaling $5.6M — an average of about $1.1M per grant, based on its IRS Form 990 filings.

How much is Gerald a Shearer Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Gerald a Shearer Charitable Foundation reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gerald a Shearer Charitable Foundation's EIN?

Gerald a Shearer Charitable Foundation's EIN (Employer Identification Number) is 84-6727727. IRS Form 990 filing data is available on this page for 2020–2021.