Ida & Joseph Shapiro Foundation Inc

BALTIMORE, MD EIN: 52-6076584

Ida & Joseph Shapiro Foundation Inc is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. In 2024, it awarded 13 grants totaling $283K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$283K

+1100.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$22K

+1100.8% YoY

Under IRS private-foundation payout rules, Ida & Joseph Shapiro Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Ida & Joseph Shapiro Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $362K (97%)

Virginia $10K (3%)

States

Maryland Virginia

Cities

AlexandriaBaltimoreMerrifieldNaltimorePikesville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$269,809	$285,375
Revenue	$14,572	$11,189	$23,056
Expenses	$284,381	$26,996	$25,659
Qualifying Distributions	$283,381	$23,600	$23,600
Net Investment Income	$15,348	$15,987	$23,056
Distributable Amount	$13,096	$24,824	$27,108

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 2024

Grant Size Distribution

61 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ida Joseph Shapriro Foundation Inc ($258,557), Planned Parenthood of Maryland Inc ($6,224), The Maryland Zoo ($4,600).

Recipient	Purpose	Amount
AMERICAN DIABETES ASSOCIATION INC MERRIFIELD, VA	HEALTH EDUCATION FOR DISEASE CONTROL	$2,000
AMERICAN VISIONARY ART MUSEUM BALTIMORE, MD	EDUCATION OF ART	$1,000
BALTIMORE MUSEUM OF ART BALTIMORE, MD	EDUCATIONAL	$1,000
BALITMORE MUSEUM OF INDUSTRY BALTIMORE, MD	EDUCATION ABOUT MARYLAND INDUSTRY	$1,000
EVERYMAN THEATRE BALTIMORE, MD	ARTISTIC, EDUCATIONAL, & COMMUNITY INVOLVEMENT	$500
HADASSAH - BALTIMORE CHAPTER PIKESVILLE, MD	EDUCATION	$500
JOHNS HOPKINS ALZHEIMER RESEARCH BALTIMORE, MD	MEDICAL RESEARCH	$1,500
MARYLAND SCIENCE CENTER BALTIMORE, MD	EDUCATIONAL	$500
PLANNED PARENTHOOD OF MARYLAND INC BALTIMORE, MD	HEALTH CARE SERVICES TO WOMEN & FAMILIES	$6,224
PORT DISCOVERY - THE BALTIMORE CHIL BALTIMORE, MD	EDUCATION OF THE COMMUNITY'S CHILDREN	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HERBERT BANK	President	—	—
PENNY BANK	Vice President	—	—

Frequently Asked Questions

Where does Ida & Joseph Shapiro Foundation Inc operate?

Ida & Joseph Shapiro Foundation Inc has awarded grants in Maryland, Virginia.

What size grants does Ida & Joseph Shapiro Foundation Inc award?

In 2024, Ida & Joseph Shapiro Foundation Inc awarded 13 grants totaling $283K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Ida & Joseph Shapiro Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ida & Joseph Shapiro Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ida & Joseph Shapiro Foundation Inc's EIN?

Ida & Joseph Shapiro Foundation Inc's EIN (Employer Identification Number) is 52-6076584. IRS Form 990 filing data is available on this page for 2020–2024.