Michael S Shapiro Foundation
Michael S Shapiro Foundation is a private foundation, based in Henderson, NV. IRS filing data is available from 2021 through 2023. In 2023, it awarded 3 grants totaling $4.6M. Net investment income was $75K.
Michael S Shapiro Foundation at a glance
In short: Michael S Shapiro Foundation gave $4.6M across 3 grants in 2023 (avg $1.5M), mostly in Massachusetts. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $4,574,987
- Grants made (2023)
- 3
- Average grant
- $1,524,996
- Median grant
- $84,237
- Primary geography
- Massachusetts (99% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Michael S Shapiro Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Michael Shapiro Fund ($4.5M across 2 grants). Together the top 2 received $4.6M.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
How Michael S Shapiro Foundation gives
- In 2023 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
In 2023 it made 3 grants totaling $4.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Michael Shapiro Fund Boston, MA | Transfer to donor advised fund. Future contributions and/or grants will be made that align with the mission statement of the foundation. | $4,459,322 |
| Michael Shapiro Fund Boston, MA | Transfer to donor advised fund. Future contributions and/or grants will be made that align with the mission statement of the foundation. | $84,237 |
| Jewish United Fund Chicago, IL | General Fund Contribution | $31,428 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $90,889 | $4,642,693 | $4,574,987 | 3 | $4,574,987 | $74,515 | $233,391 |
| 2022 | $4,551,804 | $630,194 | $36,511 | — | — | — | $630,194 | $228,628 |
| 2021 | $4,568,323 | $2,626,708 | — | — | — | — | $2,626,708 | — |
Under IRS private-foundation payout rules, Michael S Shapiro Foundation reported a distributable amount of $233K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Michael S Shapiro Foundation is led by Cheryl S. Kreiter, Co-President, Treasurer & Director on every filing since 2021; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Cheryl S. Kreiter
Co-President, Treasurer & Director
On filings since 2021
1 hr/week
No compensation reported
Richard M. Horwood
Co-President & Director
On filings since 2021
1 hr/week
No compensation reported
Teri E. Newman
Secretary & Director
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2023. "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 Michael S Shapiro Foundation
How much does Michael S Shapiro Foundation give each year?
Michael S Shapiro Foundation gave $4.6M across 3 grants in 2023, according to its 2023 IRS Form 990-PF.
What is Michael S Shapiro Foundation's typical grant size?
Michael S Shapiro Foundation's median grant in 2023 was $84,237, and its average grant was $1,524,996, across 3 grants on its 2023 IRS Form 990-PF.
Where does Michael S Shapiro Foundation give grants?
Michael S Shapiro Foundation gives mostly in Massachusetts: 99% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (2 grants).
Does Michael S Shapiro Foundation give general operating support?
Yes: 33% of Michael S Shapiro Foundation's 2023 grants with a stated purpose (1 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.
How much is Michael S Shapiro Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Michael S Shapiro Foundation reported a distributable amount of $233K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael S Shapiro Foundation's EIN?
Michael S Shapiro Foundation's EIN (Employer Identification Number) is 88-1228595. IRS Form 990 filing data is available on this page for 2021–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2023
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