Joan & James Shapiro Foundation Inc

CHICAGO, IL EIN: 36-3486763

The Joan & James Shapiro Foundation Inc is a private family foundation established in 1986 and based in Chicago, Illinois. The foundation makes grants to further the goals of recipient organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+1.8% YoY

Annual Giving

$151K

+2.9% YoY

Grant Count

29

-19.4% YoY

Avg Grant Size

$5K

+27.7% YoY

Under IRS private-foundation payout rules, Joan & James Shapiro Foundation Inc reported a distributable amount of $188K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation has not provided a formal mission statement. However, its grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Arts, Culture & Humanities

Grantmaking

All contributions are made to the recipient organization to further their goals.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Illinois
  • New York
  • Wyoming

Grant Distribution by State

13states
+5 more states

Cities

AlexandriaBaltimoreBostonBozemanCambridgeCheyenneChicagoDenverIthacaJacksonLanderMadisonMountain ViewNew YorkOak ParkProvidenceRestonWashingtonWilmingtonWilson

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total Assets: $2,607,144
  • Total Revenues: $199,247
  • Total Expenses: $153,046
  • Investment Income & Dividends: $62,867
  • Net Gain from Sale of Non-Inventory Assets: $136,380

As of December 31, 2023:

  • Total Assets: $2,560,000
  • Total Revenues: $77,100
  • Total Expenses: $151,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$164K$219K20202021202220232024
Metric202420232022
Total Assets$2,607,144$2,560,943$2,634,815
Revenue$199,247$77,058$124,014
Expenses$153,046$150,930$185,032
Qualifying Distributions$151,345$147,099$182,168
Net Investment Income$197,546$75,237$121,150
Distributable Amount$187,571$170,217$176,230

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$91K$137K$182K36 grants202038 grants202140 grants202236 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHICAGO OPERA THEATER$50KSCIENCE RESERCH 20$25KCAMBRIDGE IN AMERICA$20KCENTER FOR LARGE LANDSCA…$8KGALLATIN VALLEY LAND TRUST$8KCHELSEA FUND$5KCHICAGO WEST COMMUNITY M…$3KBROWN UNIVERSITY$3KCOMMITTEE TO PROTECT JOU…$3KPLANNED PARENTHOOD OF TH…$3K

Grant Size Distribution

179 grants across all recorded years

178<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chicago Opera Theater ($50,000), Science Reserch 20 ($25,000), Cambridge in America ($20,000).

RecipientPurposeAmount
AMERICAN JEWISH WORLD SERVICE NEW YORK, NYALL CONTRIBUTIONS ARE MADE TO$1,500
ART INSTITUTE OF CHICAGO CHICAGO, ILFURTHER THE GOALS OF THE RECIPIENT ORGANZATAION.$160
BOSTON REVIEW CAMBRIDGE, MASEE ABOVE$1,000
BROWN UNIVERSITY PROVIDENCE, RISEE ABOVE$2,500
CAMBRIDGE IN AMERICA NEW YORK, NYSEE ABOVE$20,000
CENTER FOR LARGE LANDSCAPE CONSERVATION BOZEMAN, MTSEE ABOVE$7,500
CHELSEA FUND LANDER, WYSEE ABOVE$5,000
CERES BOSTON, MASEE ABOVE$1,000
CHICAGO COALITION FOR THE HOMELESS CHICAGO, ILSEE ABOVE$2,000
CHICAGO OPERA THEATER CHICAGO, ILSEE ABOVE$50,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • James Shapiro – President/Director
  • Joan Shapiro – Secretary/Treasurer/Director
  • Dr. Sandra Panem – Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES SHAPIROPRESIDENT/DIRECTOR1
JOAN SHAPIROSECR/TREAS/DIRECTOR1
DR SANDRA PANEMDIRECTOR

Contact Information

Telephone: 773-288-5143

Frequently Asked Questions

What does Joan & James Shapiro Foundation Inc fund?

The foundation has not provided a formal mission statement. However, its grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Arts, Culture & Humanities

How do I apply for a grant from Joan & James Shapiro Foundation Inc?

**Grant Characteristics:** • Typical award range: $25,000–$50,000 • Made 40 grants in 2024 **Recent Grants (2024):** • Chicago Opera Theater: $50,000 • Cambridge in America (CAm): $20,000 • Gallatin Valley Land Trust (GVLT): $7,500 **Grant Philosophy:** All contributions are made to the recipient organization to further their goals.

Where does Joan & James Shapiro Foundation Inc make grants?

The foundation primarily funds organizations in: • Illinois • New York • Wyoming

What size grants does Joan & James Shapiro Foundation Inc award?

In 2024, Joan & James Shapiro Foundation Inc awarded 29 grants totaling $151K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Joan & James Shapiro Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joan & James Shapiro Foundation Inc reported a distributable amount of $188K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joan & James Shapiro Foundation Inc's EIN?

Joan & James Shapiro Foundation Inc's EIN (Employer Identification Number) is 36-3486763. IRS Form 990 filing data is available on this page for 2020–2024.

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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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