Shapira Foundation Inc

Private foundation · Grantmaker Louisville, KY EIN: 61-0601759

Shapira Foundation Inc is a private foundation, based in Louisville, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.1M in total assets. In 2025, it awarded 2 grants totaling $129K. Net investment income was $88K.

Key facts about Shapira Foundation Inc

In short: Shapira Foundation Inc gave $129K across 2 grants in 2025 (avg $64K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
61-0601759
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$128,687
Grants made (2025)
2
Average grant
$64,344
Median grant
$64,344
Total assets
$3,117,957
Primary geography
Kentucky (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.1M

+10.9% YoY

Annual Giving

$129K

-38.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$64K

-38.0% YoY

Under IRS private-foundation payout rules, Shapira Foundation Inc reported a distributable amount of $160K for 2025 — the minimum it must pay out in qualifying distributions.

How Shapira Foundation Inc gives

  • Giving fell 42% from 2022 to 2025. Method
  • In 2025 it paid out 84% 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 all 2 itemized 2025 grant dollars.

States

Cities

Louisville

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants20213 grants20222 grants20232 grants20242 grants2025

From 2021 to 2025, annual grant giving ranged from $129K (2025) to $321K (2021). In 2025 it made 2 grants totaling $129K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Jewish Community of Louisville: $114KJewish Community of Louisville$114KLouisville Ballet: $15KLouisville Ballet$15K

The largest 2025 recipient was Jewish Community of Louisville ($114K). Together the top 2 received $129K.

Grant Size Distribution

11 grants across all recorded years

4<$50K$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 6 grants of 11 (55%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish Community of Louisville Louisville, KYPurpose of grant: program support description of contributed property: northern trust intl equity indx date of gift: 5/2/2025$113,687
Louisville Ballet Louisville, KYPurpose of grant: program support description of contributed property: paid by check via northern trust date of gift: 12/18/2024$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20212022202320242025
Metric202520242023
Total Assets$3,117,957$2,811,383$2,580,040
Revenue$426,532$415,451$417,684
Expenses$151,026$230,381$318,036
Qualifying Distributions$133,943$212,474$302,780
Net Investment Income$88,415$75,503$78,428
Distributable Amount$159,656$131,302$118,966

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 12, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 12, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS December 11, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 16, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 30, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Shapira Foundation Inc is led by Kate S. Latts, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kate S. Latts

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Allan Latts

    Administrator

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Max L. Shapira

    Secretary & Treasurer

    On filings since 2021

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Shapira Foundation Inc

How much does Shapira Foundation Inc give each year?

Shapira Foundation Inc gave $129K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $208K across 2 grants.

How large is Shapira Foundation Inc?

Shapira Foundation Inc reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $134K in qualifying distributions that year, against a required minimum of $160K (roughly 5% of its investment assets).

Where does Shapira Foundation Inc operate?

Shapira Foundation Inc has awarded grants in Kentucky.

What is Shapira Foundation Inc's EIN?

Shapira Foundation Inc's EIN (Employer Identification Number) is 61-0601759. IRS Form 990 filing data is available on this page for 2021–2025.

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

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