Shapira Foundation Inc

LOUISVILLE, KY EIN: 61-0601759

Shapira Foundation Inc is a private foundation, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 2 grants totaling $208K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+9.0% YoY

Annual Giving

$208K

-30.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$104K

-30.4% YoY

Under IRS private-foundation payout rules, Shapira Foundation Inc reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.

About Shapira Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $1.0M (100%)

States

Kentucky

Cities

Louisville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,811,383	$2,580,040	$2,442,788
Revenue	$415,451	$417,684	$423,456
Expenses	$230,381	$318,036	$243,025
Qualifying Distributions	$212,474	$302,780	$225,042
Net Investment Income	$75,503	$78,428	$82,463
Distributable Amount	$131,302	$118,966	$129,636

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Community of Louisville ($106,042), Jewish Community of Louisville Israel Campaign ($101,671).

Recipient	Purpose	Amount
JEWISH COMMUNITY OF LOUISVILLE LOUISVILLE, KY	PURPOSE OF GRANT: PROGRAM SUPPORT DESCRIPTION OF CONTRIBUTED PROPERTY: 2165 NMBF NORTHERN FUNDS STK INDEX FD DATE OF GIFT: 1/2/2024	$106,042
JEWISH COMMUNITY OF LOUISVILLE ISRAEL CAMPAIGN LOUISVILLE, KY	PURPOSE OF GRANT: PROGRAM SUPPORT DESCRIPTION OF CONTRIBUTED PROPERTY: 240 MCF SPDR S&P 500 EFT TRUST DATE OF GIFT: 10/25/2023	$101,671

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATE S LATTS	PRESIDENT	1	—
ALLAN LATTS	ADMINISTRATOR	0.25	—
MAX L SHAPIRA	SEC/TREASURER	0.25	—

Frequently Asked Questions

How large is Shapira Foundation Inc?

As of 2024, Shapira Foundation Inc holds $2.8M in total assets with $415K in annual revenue. It awarded 2 grants totaling $208K in 2024.

Where does Shapira Foundation Inc operate?

Shapira Foundation Inc has awarded grants in Kentucky.

What size grants does Shapira Foundation Inc award?

In 2024, Shapira Foundation Inc awarded 2 grants totaling $208K — an average of about $104K per grant, based on its IRS Form 990 filings.

How much is Shapira Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Shapira Foundation Inc reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.