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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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