MSG Nick Sheperty Foundation

CHESAPEAKE, VA EIN: 86-3537029

MSG Nick Sheperty Foundation is a private foundation focused on Education, based in CHESAPEAKE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $22K in total assets. In 2024, it awarded 3 grants totaling $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22K

+45.9% YoY

Annual Giving

$17K

+8.1% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$6K

-27.9% YoY

Under IRS private-foundation payout rules, MSG Nick Sheperty Foundation reported a distributable amount of $324 for 2024 — the minimum it must pay out in qualifying distributions.

About MSG Nick Sheperty Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $54K (93%)

Maryland $2K (3%)

West Virginia $2K (3%)

Washington $1K (2%)

States

Maryland New York Washington West Virginia

Cities

College ParkLongviewMorgantownYonkers

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$21,789	$14,937	$39,707
Revenue	$21,789	$17,801	$39,707
Expenses	$17,050	$17,179	$39,707
Qualifying Distributions	$20,050	$29,776	$46,718
Net Investment Income	—	—	—
Distributable Amount	$324	$822	$352

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 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Randolph Rose Collection ($14,050), University of Maryland Division of Student Affrairs ($1,500), West Virginia UniversityCenter of Veteren Military and Family Programs ($1,500).

Recipient	Purpose	Amount
Randolph Rose Collection Yonkers, NY	Payment for Creation placement of memorial statue honoring special operators who died in Freefall training ge donated to Army Military FreeFall School Yuma Arizona upon completion	$14,050
University of Maryland Division of Student Affrairs College Park, MD	To provide support for military students working towards a degree	$1,500
West Virginia UniversityCenter of Veteren Military and Family Programs Morgantown, WV	Payment to WVU Medical school for two special forces soldiers.	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Mona Sheperty	Director	15	—
Gretchen Sheperty	Assistant Director	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is MSG Nick Sheperty Foundation?

MSG Nick Sheperty Foundation is a private foundation focused on Education, based in CHESAPEAKE, VA. It holds $22K in total assets as of 2024.

How large is MSG Nick Sheperty Foundation?

As of 2024, MSG Nick Sheperty Foundation holds $22K in total assets with $22K in annual revenue. It awarded 3 grants totaling $17K in 2024.

Where does MSG Nick Sheperty Foundation operate?

MSG Nick Sheperty Foundation has awarded grants in Maryland, New York, Washington, West Virginia.

What size grants does MSG Nick Sheperty Foundation award?

In 2024, MSG Nick Sheperty Foundation awarded 3 grants totaling $17K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is MSG Nick Sheperty Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, MSG Nick Sheperty Foundation reported a distributable amount of $324 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.