Hinks & Elaine Shimberg Foundation Inc
Hinks & Elaine Shimberg Foundation Inc is a private foundation, based in Tampa, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $1.3M. Net investment income was $189K.
Hinks & Elaine Shimberg Foundation Inc at a glance
In short: Hinks & Elaine Shimberg Foundation Inc gave $1.3M across 5 grants in 2024 (avg $252K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,260,305
- +2420.6% vs 2023
- Grants made (2024)
- 5
- +400.0% vs 2023
- Average grant
- $252,061
- +404.1% vs 2023
- Median grant
- $252,061
- Primary geography
- Florida (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Hinks & Elaine Shimberg Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 7 grants of 17 (41%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Hinks & Elaine Shimberg Foundation Inc gives
- Giving grew 1405% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $33K (2020) to $2.2M (2022). In 2024 it made 5 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5 grants to individuals Recipients not named | — | $1,260,305 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $190,656 | $1,265,755 | $1,260,305 | 5 | $1,260,303 | $189,004 | $31,575 |
| 2023 | $1,079,489 | $86,319 | $59,281 | $50,000 | 1 | $50,000 | $80,055 | $53,875 |
| 2022 | $1,052,451 | $2,885,520 | $2,223,956 | $2,217,776 | 3 | $2,217,837 | $137,348 | $71,621 |
| 2021 | $404,715 | $80,100 | $88,620 | $83,725 | 4 | — | $75,211 | $31,038 |
| 2020 | $413,235 | $-31,239 | $38,860 | $33,250 | 4 | — | $7,325 | $27,290 |
Under IRS private-foundation payout rules, Hinks & Elaine Shimberg Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hinks & Elaine Shimberg Foundation Inc's 2024 filing lists 6 officers; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrew Shimberg
Trustee
On filings since 2020
No compensation reported
Betsy Shimberg
Trustee
On filings since 2020
No compensation reported
Harvey Wineberg
Trustee
On filings since 2020
No compensation reported
Kasey Shimberg Kelly
Trustee
On filings since 2020
No compensation reported
Michael Shimberg
Trustee
On filings since 2020
No compensation reported
Scott Shimberg
Trustee
On filings since 2020
No compensation reported
Former officers (2)
- Former: Elaine Shimberg (2020) — Secretary
- Former: Mandell Shimberg (2020) — Prestreas
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hinks & Elaine Shimberg Foundation Inc
How much does Hinks & Elaine Shimberg Foundation Inc give each year?
Hinks & Elaine Shimberg Foundation Inc gave $1.3M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.
What is Hinks & Elaine Shimberg Foundation Inc's typical grant size?
Hinks & Elaine Shimberg Foundation Inc's median grant in 2024 was $252,061, and its average grant was $252,061, across 5 grants on its 2024 IRS Form 990-PF.
Where does Hinks & Elaine Shimberg Foundation Inc give grants?
Hinks & Elaine Shimberg Foundation Inc gives mostly in Florida: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Utah (20%).
Does Hinks & Elaine Shimberg Foundation Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Hinks & Elaine Shimberg Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donor Directed Funds" (5 grants).
How much is Hinks & Elaine Shimberg Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hinks & Elaine Shimberg Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hinks & Elaine Shimberg Foundation Inc's EIN?
Hinks & Elaine Shimberg Foundation Inc's EIN (Employer Identification Number) is 59-1432870. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 22, 2024)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Hinks & Elaine Shimberg Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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