Michael S Shapiro Foundation
Michael S Shapiro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$4.6M
Grant Count
3
Avg Grant Size
$1.5M
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.
About Michael S Shapiro Foundation
Based on IRS filings
Michael S Shapiro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $4,551,804 | $4,568,323 |
| Revenue | $90,889 | $630,194 | $2,626,708 |
| Expenses | $4,642,693 | $36,511 | — |
| Qualifying Distributions | $4,574,987 | — | — |
| Net Investment Income | $74,515 | $630,194 | $2,626,708 |
| Distributable Amount | $233,391 | $228,628 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Michael Shapiro Fund ($4,459,322), Michael Shapiro Fund ($84,237), Jewish United Fund ($31,428).
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH UNITED FUND CHICAGO, IL | GENERAL FUND CONTRIBUTION | $31,428 |
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD M HORWOOD | CO-PRESIDENT/DIRECTOR | 1 | — |
| TERI E NEWMAN | SECRETARY/DIRECTOR | 1 | — |
| CHERYL S KREITER | CO-PRESIDENT/TREASURER/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael S Shapiro Foundation?
Michael S Shapiro Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, NV. It holds — in total assets as of 2023.
Where does Michael S Shapiro Foundation operate?
Michael S Shapiro Foundation has awarded grants in Illinois, Massachusetts.
What size grants does Michael S Shapiro Foundation award?
In 2023, Michael S Shapiro Foundation awarded 3 grants totaling $4.6M — an average of about $1.5M per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.