Shank Family Foundation

Private foundation · Grantmaker Sarasota, FL EIN: 26-1609483

Shank Family Foundation is a private foundation, based in Sarasota, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 5 grants totaling $507K. Net investment income was $229K.

Shank Family Foundation at a glance

In short: Shank Family Foundation gave $507K across 5 grants in 2025 (avg $101K), top state New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$506,667
-61.4% vs 2024
Grants made (2025)
5
-58.3% vs 2024
Average grant
$101,333
-7.4% vs 2024
Median grant
$50,000
Total assets
$2,391,425
-10.4% vs 2024
Primary geography
New York (49% 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 Shank Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Columbia University Irving Medical: $250KColumbia University IrvingMedical$250KThe John and Mable Ringling Museum of Ar: $167KThe John and Mable RinglingMuseum of Ar$167KInternational Rescue Committee: $50KInternational Rescue Committee$50KSpoon: $30KSpoon$30KThe Walker Art Center: $10KThe Walker Art Center$10K

The largest 2025 recipient was Columbia University Irving Medical ($250K). Together the top 5 received $507K.

Grant Size Distribution

33 grants across all recorded years

22<$50K2$50–100K5$100–250K3$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 22 grants of 33 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

SarasotaMinneapolisNew YorkAlbert LeaPortlandCambridgeNorristownWorcester

How Shank Family Foundation gives

  • Giving grew 124% from 2022 to 2025. Method
  • In 2025 it paid out 289% 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

$0$500K$1M$1.5M2 grants2020 3 grants2021 5 grants2022 8 grants2023 12 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $227K (2022) to $1.3M (2024). In 2025 it made 5 grants totaling $507K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Columbia University Irving Medical New York, NYTo support Dr. Matthew Maurer's research on myocardial amyloidosis operations.$250,000
The John and Mable Ringling Museum of Ar Sarasota, FLEndowment for Curator of Performance$166,667
International Rescue Committee Albert Lea, MNTo support general operations.$50,000
Spoon Portland, ORTo support general operations.$30,000
The Walker Art Center Minneapolis, MNTo support the 2023 Avant Garden fundraising event.$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,391,425$237,547$516,541$506,6675$506,667$229,173$175,491
2024$2,670,007$398,491$1,331,472$1,312,66712$1,316,667$249,236$190,587
2023$3,673,427$419,856$290,499$276,6678$280,712$292,875$197,741
2022$3,625,700$-48,323$256,267$226,6675$231,407$64,201$204,361
2021$3,930,894$613,750$615,476$600,0003$603,000$603,565$232,414
2020$3,932,028$179,650$272,101$260,0002—$170,579$213,595

Under IRS private-foundation payout rules, Shank Family Foundation reported a distributable amount of $175K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Shank Family Foundation is led by Susan Shank, President & Treasurer on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Susan Shank

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Retzlaff

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Todd Retzlaff

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith Shank

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephen Shank

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Shank Family Foundation

How much does Shank Family Foundation give each year?

Shank Family Foundation gave $507K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 12 grants.

What is Shank Family Foundation's typical grant size?

Shank Family Foundation's median grant in 2025 was $50,000, and its average grant was $101,333, across 5 grants on its 2025 IRS Form 990-PF.

Where does Shank Family Foundation give grants?

Shank Family Foundation's top state is New York, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (33%) and Minnesota (12%).

Does Shank Family Foundation give general operating support?

Yes: 40% of Shank Family Foundation's 2025 grants with a stated purpose (2 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Shank Family Foundation's largest grantees?

Shank Family Foundation's largest 2025 grantees include Columbia University Irving Medical ($250,000), The John and Mable Ringling Museum of Ar ($166,667) and International Rescue Committee ($50,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.

How large is Shank Family Foundation?

Shank Family Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $507K in qualifying distributions that year, against a required minimum of $175K (roughly 5% of its investment assets).

What is Shank Family Foundation's EIN?

Shank Family Foundation's EIN (Employer Identification Number) is 26-1609483. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Shank Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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