The Herbert Shainberg Foundation is a private foundation based in Memphis, Tennessee. The foundation carries forward the philanthropic legacy of Herbert Shainberg, a Memphis businessman who owned a department store on Main Street in Downtown Memphis. Shainberg was known for his commitment to philanthropy, fairness, justice, and kindness.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.0M
-5.2% YoY
Annual Giving
$655K
+10.1% YoY
Grant Count
14
-17.6% YoY
Avg Grant Size
$47K
+33.7% YoY
Under IRS private-foundation payout rules, Herbert Shainberg Foundation reported a distributable amount of $560K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $2,981,692
- Total Giving (Most Recent Filing): $655,000
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,981,692 | $3,144,766 | $3,656,312 |
| Revenue | $605,968 | $181,097 | $131,245 |
| Expenses | $769,042 | $692,433 | $587,802 |
| Qualifying Distributions | $672,195 | $609,712 | $506,724 |
| Net Investment Income | $510,440 | $98,373 | $68,467 |
| Distributable Amount | $560,247 | $484,535 | $462,677 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Memphis Jewish Home and Rehab ($100,000), The Jewish Federation - Israel Emergency Fund ($100,000), Church Health Center of Memphis ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| B'NAI B'RITH YOUTH ORGANIZATION INC WASHINGTON, DC | CHARITABLE | $50,000 |
| JEWISH FAMILY SERVICE MEMPHIS, TN | CHARITABLE | $50,000 |
| LE BONHEUR CHILDREN'S HOSPITAL MEMPHIS, TN | CHARITABLE | $50,000 |
| MEMPHIS JEWISH HOME AND REHAB CORDOVA, TN | CHARITABLE | $100,000 |
| SHELBY FARMS CONSERVANCY MEMPHIS, TN | CHARITABLE | $10,000 |
| TEMPLE ISRAEL MEMPHIS, TN | CHARITABLE | $50,000 |
| THE JEWISH FEDERATION - ISRAEL EMERGENCY FUND MEMPHIS, TN | CHARITABLE | $100,000 |
| VERNER CENTER FOR EARLY LEARNING ASHEVILLE, NC | CHARITABLE | $10,000 |
| CHURCH HEALTH CENTER OF MEMPHIS MEMPHIS, TN | CHARITABLE | $100,000 |
| BORNBLUM JEWISH COMMUNITY SCHOOL MEMPHIS, TN | CHARITABLE | $45,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Herbert Shainberg's grandchildren carry on his legacy today. The Shainberg family continues to support the foundation's work and remains actively involved in its philanthropic efforts.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARGENT TRUST COMPANY OF TENNESSEE | TRUSTEE | 1 | $34,389 |
Recent Activity
Recent developments and announcements
The Shainberg family established the Shainberg Scholarship program through Give901, which provides financial support to Memphis students with significant financial gaps. The scholarship supports students pursuing diverse educational paths, including traditional four-year degrees, trade schools, certificate programs, community colleges, apprenticeships, and other specialized training opportunities.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Herbert Shainberg Foundation fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Herbert Shainberg Foundation?
**Grant Amounts:** Typical awards range from $5,000 to $130,000. **Annual Giving:** The foundation distributed $655,000 in total giving according to its most recent IRS Form 990 filing (2025). **Geographic Focus:** The foundation primarily funds organizations in Tennessee, New York, and North Carolina.
What size grants does Herbert Shainberg Foundation award?
In 2025, Herbert Shainberg Foundation awarded 14 grants totaling $655K — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Herbert Shainberg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Herbert Shainberg Foundation reported a distributable amount of $560K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herbert Shainberg Foundation's EIN?
Herbert Shainberg Foundation's EIN (Employer Identification Number) is 62-6195785. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Herbert Shainberg Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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