Richard B Shorten Family Foundation Inc

Private foundation · Grantmaker Frederick, MD EIN: 82-2237275

Richard B Shorten Family Foundation Inc is a private foundation focused on public and societal benefit, based in Frederick, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 6 grants totaling $120K. Net investment income was $109K.

Key facts about Richard B Shorten Family Foundation Inc

In short: Richard B Shorten Family Foundation Inc gave $120K across 6 grants in 2025 (avg $20K), mostly in Maryland. Source: 2025 IRS Form 990-PF.

EIN
82-2237275
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$120,000
Grants made (2025)
6
Average grant
$20,000
Median grant
$20,000
Total assets
$3,328,680
Primary geography
Maryland (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.3M

+14.9% YoY

Annual Giving

$120K

+50.0% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$20K

+0.0% YoY

Under IRS private-foundation payout rules, Richard B Shorten Family Foundation Inc reported a distributable amount of $152K for 2025 — the minimum it must pay out in qualifying distributions.

How Richard B Shorten Family Foundation Inc gives

  • In 2025 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 6 itemized grants.

States

Cities

FrederickMount AiryThurmontWalkersville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 4 grants2024 6 grants2025

From 2024 to 2025, annual grant giving ranged from $80K (2024) to $120K (2025). In 2025 it made 6 grants totaling $120K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Living Water Shower Ministry Inc: $20KLiving Water Shower MinistryInc$20KFrederick Rescue Mission Inc: $20KFrederick Rescue Mission Inc$20KHeartly House Inc: $20KHeartly House Inc$20KSupporting Older Adults Through Resources Inc: $20KSupporting Older AdultsThrough Resources Inc$20KCommon Ground Inc: $20KCommon Ground Inc$20KThorpewood Inc: $20KThorpewood Inc$20K

The largest 2025 recipient was Living Water Shower Ministry Inc ($20K). Together the top 6 received $120K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Living Water Shower Ministry Inc Walkersville, MDUnrestricted Program Support$20,000
Frederick Rescue Mission Inc Frederick, MDSupport Youth Camps/Outreach Program$20,000
Heartly House Inc Frederick, MDUnrestricted Program Support$20,000
Supporting Older Adults Through Resources Inc Frederick, MDUnrestricted Program Support$20,000
Common Ground Inc Mount Airy, MDUnrestricted Program Support$20,000
Thorpewood Inc Thurmont, MDUnrestricted Program Support$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,328,680$2,895,770$2,668
Revenue$651,234$4,805,832—
Expenses$162,314$93,727$18
Qualifying Distributions$120,000$80,000$18
Net Investment Income$108,920$1,937,470—
Distributable Amount$151,789$42,394$132

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 26, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 28, 2024)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 28, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 10, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 3, 2026)
  7. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Richard B Shorten Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard B. Shorten

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Cristine Lovetro

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Michael A. McGinley

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Edward L. Crum CPA (2019–2023) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Richard B Shorten Family Foundation Inc

How much does Richard B Shorten Family Foundation Inc give each year?

Richard B Shorten Family Foundation Inc gave $120K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 4 grants.

What is Richard B Shorten Family Foundation Inc's typical grant size?

Richard B Shorten Family Foundation Inc's median grant in 2025 was $20,000, and its average grant was $20,000, across 6 grants on its 2025 IRS Form 990-PF.

Where does Richard B Shorten Family Foundation Inc give grants?

Richard B Shorten Family Foundation Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Frederick, MD (3 grants).

Does Richard B Shorten Family Foundation Inc give general operating support?

Yes: 83% of Richard B Shorten Family Foundation Inc's 2025 grants with a stated purpose (5 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Richard B Shorten Family Foundation Inc's largest grantees?

Richard B Shorten Family Foundation Inc's largest 2025 grantees include Living Water Shower Ministry Inc ($20,000), Frederick Rescue Mission Inc ($20,000) and Heartly House Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.

How large is Richard B Shorten Family Foundation Inc?

Richard B Shorten Family Foundation Inc reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $152K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Richard B Shorten Family Foundation Inc?

Richard B Shorten Family Foundation Inc is a private foundation focused on public and societal benefit, based in Frederick, MD. It holds $3.3M in total assets as of 2025.

What is Richard B Shorten Family Foundation Inc's EIN?

Richard B Shorten Family Foundation Inc's EIN (Employer Identification Number) is 82-2237275. IRS Form 990 filing data is available on this page for 2019–2025.

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

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