Gerald a Shearer Charitable Foundation

Private foundation · Grantmaker Tallahassee, FL EIN: 84-6727727

Gerald a Shearer Charitable Foundation is a private foundation, based in Tallahassee, FL. IRS filing data is available from 2019 through 2021. In 2021, it awarded 5 grants totaling $5.6M. Net investment income was $1.0M.

Key facts about Gerald a Shearer Charitable Foundation

In short: Gerald a Shearer Charitable Foundation gave $5.6M across 5 grants in 2021 (avg $1.1M), mostly in Florida. Source: 2021 IRS Form 990-PF.

EIN
84-6727727
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$5,612,105
Grants made (2021)
5
Average grant
$1,122,421
Median grant
$1,122,421
Primary geography
Florida (80% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$5.6M

+2706.1% YoY

Grant Count

5

+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.

How Gerald a Shearer Charitable Foundation gives

  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2021 grant dollars across all 5 itemized grants.

Cities

PensacolaMemphisSt PetersburgTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2019 5 grants2020 5 grants2021

From 2020 to 2021, annual grant giving ranged from $200K (2020) to $5.6M (2021). In 2021 it made 5 grants totaling $5.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

American Heart Association: $1.1MAmerican Heart Association$1.1MHoly Cross Episcopal Church: $1.1MHoly Cross Episcopal Church$1.1MSalvation Army: $1.1MSalvation Army$1.1MShriners Hospital for Children: $1.1MShriners Hospital for Children$1.1MSt Jude Children's Research Hospital: $1.1MSt Jude Children's ResearchHospital$1.1M

The largest 2021 recipient was American Heart Association ($1.1M). Together the top 5 received $5.6M.

Grant Size Distribution

10 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was under $50K: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Heart Association St Petersburg, FLFor use in escambia and santa Rosa counties, Florida$1,122,421
Holy Cross Episcopal Church Pensacola, FLFor Use in Pensacola, Florida$1,122,421
Salvation Army Pensacola, FLFor Use in the Pensacola Florida Mission$1,122,421
Shriners Hospital for Children Tampa, FLFor Use in Tampa, Florida$1,122,421
St Jude Children's Research Hospital Memphis, TNFor Use in Memphis, Tennessee for Research$1,122,421

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2019 2020 2021
Metric202120202019
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—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
  2. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

Gerald a Shearer Charitable Foundation's only listed officer is Capital City Trust Company, Trustee on every filing since 2020 (compensated).

Officers on the 2021 filing

  • Capital City Trust Company

    Trustee

    On filings since 2020

    1 hr/week

    $37K (2021)

Former officers (1)
  • Former: First State Trust Company (2019) — Trustee

Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2021 IRS filing

Capital City Trust Company — Trustee: $37KCapital City Trust…Trustee$37K

The highest reported compensation on the 2021 filing was $37K, to Capital City Trust Company (Trustee).

Frequently asked questions about Gerald a Shearer Charitable Foundation

How much does Gerald a Shearer Charitable Foundation give each year?

Gerald a Shearer Charitable Foundation gave $5.6M across 5 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $200K across 5 grants.

What is Gerald a Shearer Charitable Foundation's typical grant size?

Gerald a Shearer Charitable Foundation's median grant in 2021 was $1,122,421, and its average grant was $1,122,421, across 5 grants on its 2021 IRS Form 990-PF.

Where does Gerald a Shearer Charitable Foundation give grants?

Gerald a Shearer Charitable Foundation gives mostly in Florida: 80% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (20%). The most frequent recipient cities were Pensacola, FL (2 grants).

Does Gerald a Shearer Charitable Foundation give general operating support?

Not in 2021: none of the 5 grants with a stated purpose on Gerald a Shearer Charitable Foundation's 2021 IRS Form 990-PF were described as general or operating support.

Who are Gerald a Shearer Charitable Foundation's largest grantees?

Gerald a Shearer Charitable Foundation's largest 2021 grantees include American Heart Association ($1,122,421), Holy Cross Episcopal Church ($1,122,421) and Salvation Army ($1,122,421), according to its 2021 IRS Form 990-PF. Together they received 60% of its itemized 2021 grant dollars.

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 2019–2021.

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

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