Shady Rest Foundation Inc
Shady Rest Foundation Inc is a private foundation focused on Health, based in Fort Myers, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 4 grants totaling $760K. Net investment income was $140K.
Shady Rest Foundation Inc at a glance
In short: Shady Rest Foundation Inc gave $760K across 4 grants in 2025 (avg $190K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $760,309
- -61.1% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $190,077
- -70.8% vs 2024
- Median grant
- $85,000
- Total assets
- $2,523,043
- -16.8% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Shady Rest Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was FGCU Foundation ($579K). Together the top 3 received $660K.
Organizations only. It also paid 1 individual scholarship ($100,000), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 12 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Shady Rest Foundation Inc gives
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 615% of 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
From 2022 to 2025, annual grant giving ranged from $528K (2022) to $3.0M (2023). In 2025 it made 4 grants totaling $760K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FGCU Foundation Fort Myers, FL | Scholarships | $579,309 |
| 1 individual scholarship Recipients not named | — | $100,000 |
| Charitable Foundation of the Islands Inc Sanibel, FL | Charitable Programs | $70,000 |
| The Alvin a Dubin Center Fort Myers, FL | Charitable Programs and Fundraiser Sponsorship | $11,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,523,043 | $152,881 | $793,820 | $760,309 | 4 | $768,582 | $140,127 | $124,878 |
| 2024 | $3,034,175 | $239,296 | $1,992,336 | $1,955,000 | 3 | $1,962,745 | $224,290 | $156,523 |
| 2023 | $4,410,681 | $475,065 | $3,069,986 | $3,010,000 | 2 | $3,021,619 | $199,349 | $295,069 |
| 2022 | $6,527,029 | $406,154 | $743,754 | $527,500 | 3 | $533,009 | $354,158 | $357,872 |
| 2021 | $8,243,363 | $1,289,773 | $3,947,566 | — | — | — | $1,247,970 | — |
| 2020 | $10,480,054 | $193,119 | $310,787 | — | — | — | $193,119 | — |
| 2019 | $10,515,391 | $11,543,221 | $264,347 | — | — | — | $11,366,931 | — |
Under IRS private-foundation payout rules, Shady Rest Foundation Inc reported a distributable amount of $125K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Shady Rest Foundation Inc is led by Robert L. Murray, President & Chair since 2021 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert L. Murray
President & Chair
Chair → President & Chair, 2021
On filings since 2019
2 hrs/week
No compensation reported
Arie J. Vanduijn
Secretary
Director → Secretary, 2022
On filings since 2019
1 hr/week
No compensation reported
Jo Stecher
Vice Chair
Director → Vice Chair, 2020
On filings since 2019
2 hrs/week
No compensation reported
Sheila Carlson
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Former officers (4)
- Former: Sandra L. Wharton (2019–2021) — Secretary
- Former: James Tamblyn (2019–2020) — Former Chair
- Former: Robert C. McCurdy (2019–2020) — Former Vice Chair
- Former: Weston R. Edwards (2019–2020) — President & CEO
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 Shady Rest Foundation Inc
How much does Shady Rest Foundation Inc give each year?
Shady Rest Foundation Inc gave $760K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 3 grants.
What is Shady Rest Foundation Inc's typical grant size?
Shady Rest Foundation Inc's median grant in 2025 was $85,000, and its average grant was $190,077, across 4 grants on its 2025 IRS Form 990-PF.
Where does Shady Rest Foundation Inc give grants?
Shady Rest Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Myers, FL (2 grants).
Does Shady Rest Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Shady Rest Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Shady Rest Foundation Inc?
Shady Rest Foundation Inc reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $769K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets).
What is Shady Rest Foundation Inc?
Shady Rest Foundation Inc is a private foundation focused on Health, based in Fort Myers, FL. It holds $2.5M in total assets as of 2025.
What is Shady Rest Foundation Inc's EIN?
Shady Rest Foundation Inc's EIN (Employer Identification Number) is 30-0274280. IRS Form 990 filing data is available on this page for 2019–2025.
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 2019–2025
Live grants for the work Shady Rest Foundation Inc funds
Health Open opportunities, soonest deadline first.
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Browse active grant opportunities in Shady Rest Foundation Inc's focus areas in our free grants database
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