Shanken Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 21 grants totaling $624K. Net investment income was $693K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
+1.2% YoY
Annual Giving
$624K
+40.5% YoY
Grant Count
21
+50.0% YoY
Avg Grant Size
$30K
-6.4% YoY
Under IRS private-foundation payout rules, Shanken Family Foundation reported a distributable amount of $497K for 2024 — the minimum it must pay out in qualifying distributions.
About Shanken Family Foundation
Based on IRS filings
Shanken Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 21 grants totaling $624K. Net investment income was $693K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $5,550,460 | $5,485,794 | $3,743,582 |
| Revenue | $695,370 | $418,267 | $1,785,007 |
| Expenses | $630,704 | $445,783 | $440,097 |
| Qualifying Distributions | $624,333 | $444,500 | $440,000 |
| Net Investment Income | $692,999 | $138,788 | $285,007 |
| Distributable Amount | $497,184 | $389,875 | $299,359 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Els for Autism ($120,000), Icahn School of Medicine at Mount Sinai ($100,000), Film Society of Lincoln Center ($90,333).
| Recipient | Purpose | Amount |
|---|---|---|
| AUTISM PROJECT OF PALM BEACH COUNTY JUPITER, FL | CHARITY | $10,000 |
| BLUE CHECK CHARITABLE FOUNDATION NEW YORK, NY | CHARITY | $25,000 |
| CONGREGATION EMANU-EL NEW YORK, NY | CHARITY | $50,000 |
| DIABETES RESEARCH INSTITUTE HOLLYWOOD, FL | CHARITY | $25,000 |
| ELS FOR AUTISM JUPITER, FL | CHARITY | $120,000 |
| FILM SOCIETY OF LINCOLN CENTER NEW YORK, NY | CHARITY | $90,333 |
| THE BRIDGE GOLF FOUNDATION NEW YORK, NY | CHARITY | $15,000 |
| JCRC-NY NEW YORK, NY | CHARITY | $1,000 |
| SAMMY GELBAND FOUNDATION SHORT HILLS, NJ | CHARITY | $50,000 |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI NEW YORK, NY | CHARITY | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARVIN R SHANKEN | DIRECTOR | 1 | — |
| STEVE GORDON | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shanken Family Foundation?
Shanken Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $5.6M in total assets as of 2024.
How large is Shanken Family Foundation?
As of 2024, Shanken Family Foundation holds $5.6M in total assets with $695K in annual revenue. It awarded 21 grants totaling $624K in 2024.
Where does Shanken Family Foundation operate?
Shanken Family Foundation has awarded grants in California, Connecticut, Florida, Georgia, New Jersey, New York, Pennsylvania, Texas, Virginia.
What size grants does Shanken Family Foundation award?
In 2024, Shanken Family Foundation awarded 21 grants totaling $624K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Shanken Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shanken Family Foundation reported a distributable amount of $497K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shanken Family Foundation's EIN?
Shanken Family Foundation's EIN (Employer Identification Number) is 13-4027049. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shanken Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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