The Shark Fund's mission is to make Malibu High School and Malibu Middle School among the finest in the nation.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$350K
+9.9% YoY
Annual Giving
$228K
-16.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$57K
-16.0% YoY
About Shark Fund
Based on IRS filings
Shark Fund is a nonprofit organization focused on Education, based in MALIBU, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $350K in total assets. In 2025, it awarded 4 grants totaling $228K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $349,890 | $318,320 | $214,580 |
| Revenue | $345,935 | $486,181 | $334,663 |
| Expenses | $326,715 | $382,448 | $315,734 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,125 | $992 | $38 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Malibu Athletic Booster Club ($115,000), Malibu High PTSA ($72,064), Arts Angels ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Malibu Athletic Booster Club Malibu, CA | To fund athletic programs at Malibu Middle School and Malibu High School. | $115,000 |
| Malibu High PTSA Malibu, CA | To fund student support programs at Malibu High School and Malibu Middle School | $72,064 |
| Arts Angels Malibu, CA | To fund art programs at Malibu High School and Malibu Middle School | $35,000 |
| Malibu Education Foundation Malibu, CA | Distribution of interest income on endowment for art programs at all four Malibu public schools. | $5,541 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Karen Mihkels Al-harden | Chairperson | 10 | — |
| Karen Porat | Resource Committee | 5 | — |
| Kelly Kincaid | Co-Treasurer | 5 | — |
| Mary Ruth Hughes | Co-Treasurer | 5 | — |
| Mia Skelton | Financial Secretary | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shark Fund?
Shark Fund is a nonprofit organization focused on Education, based in MALIBU, CA. It holds $350K in total assets as of 2025.
How large is Shark Fund?
As of 2025, Shark Fund holds $350K in total assets with $346K in annual revenue. It awarded 4 grants totaling $228K in 2025.
Where does Shark Fund operate?
Shark Fund has awarded grants in California.
What size grants does Shark Fund award?
In 2025, Shark Fund awarded 4 grants totaling $228K — an average of about $57K per grant, based on its IRS Form 990 filings.
What is Shark Fund's EIN?
Shark Fund's EIN (Employer Identification Number) is 55-0824407. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Shark Fund'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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