Ida & Joseph Shapiro Foundation Inc

BALTIMORE, MD EIN: 52-6037720

Ida & Joseph Shapiro Foundation Inc is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $903K in total assets. In 2025, it awarded 22 grants totaling $117K. Net investment income was $140K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$903K

+34.3% YoY

Annual Giving

$117K

+95.7% YoY

Grant Count

22

+120.0% YoY

Avg Grant Size

$5K

-11.0% YoY

Under IRS private-foundation payout rules, Ida & Joseph Shapiro Foundation Inc reported a distributable amount of $113K for 2025 — the minimum it must pay out in qualifying distributions.

About Ida & Joseph Shapiro Foundation Inc

Based on IRS filings

Ida & Joseph Shapiro Foundation Inc is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $903K in total assets. In 2025, it awarded 22 grants totaling $117K. Net investment income was $140K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArlingtonBaltimoreBostonDecaturEdwardsHagerstownMerrifieldNorthbrookOwings MillsPainesvillePhoenixVariousWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$38K$77K$115K$154K202020212022202320242025
Metric202520242023
Total Assets$902,770$671,992$640,636
Revenue$139,713$118,086$36,610
Expenses$129,455$75,123$59,875
Qualifying Distributions$129,455$74,485$58,975
Net Investment Income$139,713$117,448$35,710
Distributable Amount$112,936$71,390$61,724

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$59K$88K$117K1 grants20201 grants20219 grants20229 grants202310 grants202422 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UNIV OF MA FOUNDATION EN…$42KWYPR - NATIONAL PUBLIC R…$9KPLANNED PARENTHOOD OF MA…$7KAMERICAN CANCER SOCIETY$6KAMERICAN HEART ASSOCIATION$5KTHE MARYLAND ZOO$5KWETA$5KGARRISON FOREST SCHOOL$5KLAKE ERIE COLLEGE$4KJOHNS HOPKINS ANNUAL FUND$4K

Grant Size Distribution

51 grants across all recorded years

50<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Univ of Ma Foundation Environmental ($42,397), Wypr - National Public Radio ($9,000), Planned Parenthood of Maryland Inc ($6,500).

RecipientPurposeAmount
AMERICAN CANCER SOCIETY BALTIMORE, MDSUPPORT$6,000
AMERICAN HEART ASSOCIATION PHOENIX, AZSUPPORT$5,000
GARRISON FOREST SCHOOL OWINGS MILLS, MDSUPPORT$4,500
CHESTNUT RIDGE VOLUNTEER FIRE COMPA OWINGS MILLS, MDSUPPORT$3,000
JOHNS HOPKINS ANNUAL FUND BALTIMORE, MDSUPPORT$3,500
LAKE ERIE COLLEGE PAINESVILLE, OHSUPPORT$4,000
MARCH OF DIMES DECATUR, ILSUPPORT$1,000
VAIL MOUNTAIN RESCUE EDWARDS, COSUPPORT$3,000
UNIV OF MA FOUNDATION ENVIRONMENTAL BOSTON, MASUPPORT$42,397
AMERICAN DIABETES ASSOCIATION INC MERRIFIELD, VASUPPORT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Herbert M BankTrustee0.2
Penny BankTrustee0.2
David LehmannTrustee0.2

Frequently Asked Questions

How large is Ida & Joseph Shapiro Foundation Inc?

As of 2025, Ida & Joseph Shapiro Foundation Inc holds $903K in total assets with $140K in annual revenue. It awarded 22 grants totaling $117K in 2025.

Where does Ida & Joseph Shapiro Foundation Inc operate?

Ida & Joseph Shapiro Foundation Inc has awarded grants in Arizona, Colorado, District of Columbia, Illinois, Massachusetts, Maryland, Ohio, Virginia.

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

In 2025, Ida & Joseph Shapiro Foundation Inc awarded 22 grants totaling $117K — an average of about $5K 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 2025, Ida & Joseph Shapiro Foundation Inc reported a distributable amount of $113K 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 52-6037720. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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