Herbert C Shipman Foundation
Herbert C Shipman Foundation is a private foundation, based in HILO, HI. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $522K in total assets. In 2023, it awarded 2 grants totaling $30K. Net investment income was $8K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$522K
-4.3% YoY
Annual Giving
$30K
-1.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$15K
-1.7% YoY
Under IRS private-foundation payout rules, Herbert C Shipman Foundation reported a distributable amount of $27K for 2023 — the minimum it must pay out in qualifying distributions.
About Herbert C Shipman Foundation
Based on IRS filings
Herbert C Shipman Foundation is a private foundation, based in HILO, HI. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $522K in total assets. In 2023, it awarded 2 grants totaling $30K. Net investment income was $8K.
Ready to take the next step with Herbert C Shipman Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $521,868 | $545,325 | $501,016 |
| Revenue | $15,581 | $83,075 | $15,517 |
| Expenses | $39,038 | $38,766 | $35,576 |
| Qualifying Distributions | $30,204 | $30,728 | — |
| Net Investment Income | $8,088 | $72,316 | $7,444 |
| Distributable Amount | $26,836 | $30,152 | $30,776 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Hawaii Community Foundation ($21,200), Rotary Club of Hilo Foundation ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HAWAII COMMUNITY FOUNDATION HONOLULU, HI | SCHOLARSHIPS | $21,200 |
| ROTARY CLUB OF HILO FOUNDATION HILO, HI | SUPPORT | $9,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLIVER ENGLISH | DIRECTOR | 1 | — |
| NANCY CABRAL | PRESIDENT/SEC/TREAS | 2 | — |
| BARBARA TAKASE | VICE PRESIDENT | 1 | — |
| DOUG ADAMS | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Herbert C Shipman Foundation?
As of 2023, Herbert C Shipman Foundation holds $522K in total assets with $16K in annual revenue. It awarded 2 grants totaling $30K in 2023.
Where does Herbert C Shipman Foundation operate?
Herbert C Shipman Foundation has awarded grants in Hawaii.
What size grants does Herbert C Shipman Foundation award?
In 2023, Herbert C Shipman Foundation awarded 2 grants totaling $30K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Herbert C Shipman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Herbert C Shipman Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herbert C Shipman Foundation's EIN?
Herbert C Shipman Foundation's EIN (Employer Identification Number) is 99-0175917. IRS Form 990 filing data is available on this page for 2021–2023.
Explore Open Grants
Browse active grant opportunities in Herbert C Shipman Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Bromley Foundation Inc
CHESTNUT HILL, MA
Assets
$5.9M
Grants
6
Total Given
$357K
Adam R Scripps Foundation
FT MITCHELL, KY
Assets
$754.6M
Grants
281
Total Given
$35.5M
The Probst Family Foundation
HILLSBOROUGH, CA
Assets
$8.1M
Grants
6
Total Given
$251K
The Kari and Dick Clark Foundation
CALABASAS, CA
Assets
$13.8M
Grants
6
Total Given
$1.1M
Levine Hirshfield Foundation
WILMINGTON, DE
Assets
$891K
Grants
15
Total Given
$49K
Penner Family Foundation Inc
BENTONVILLE, AR
Assets
$97.3M
Grants
82
Total Given
$31.3M
GK Grout Foundation
PASADENA, CA
Assets
$21.5M
Grants
6
Total Given
$859K
Savitt Family Foundation
HAIKU, HI
Assets
$92K
Grants
19
Total Given
$38K
Dennis & Smith Foundation
MIAMI, FL
Assets
$56.4M
Grants
13
Total Given
$2.1M
Sasser Family Foundation Inc
GALVESTON, TX
Assets
$2.5M
Grants
34
Total Given
$130K
Macnaughton Foundation
HONOLULU, HI
Assets
$567K
Grants
16
Total Given
$110K
P2 Foundation Inc
BIG SKY, MT
Assets
—
Grants
19
Total Given
$100K
More Funders in Hawaii
Data last updated April 2026. Sourced from IRS Form 990-PF filings.