Shaver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 3 grants totaling $150K. Net investment income was $159K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$274K
+4.7% YoY
Annual Giving
$150K
+57.9% YoY
Grant Count
3
-62.5% YoY
Avg Grant Size
$50K
+321.1% YoY
Under IRS private-foundation payout rules, Shaver Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Shaver Foundation Inc
Based on IRS filings
Shaver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 3 grants totaling $150K. Net investment income was $159K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $274,036 | $261,832 | $349,425 |
| Revenue | $165,279 | $9,042 | $277,594 |
| Expenses | $151,575 | $98,135 | $150,862 |
| Qualifying Distributions | $150,000 | $95,000 | $145,000 |
| Net Investment Income | $158,559 | $8,742 | $152,089 |
| Distributable Amount | $12,041 | $8,325 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Church of the Promise ($50,000), Portland Promise Center ($50,000), The Table Church of the Promise ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHURCH OF THE PROMISE LOUISVILLE, KY | GENERAL OPERATING FUND | $50,000 |
| PORTLAND PROMISE CENTER LOUISVILLE, KY | SUPPORT FOR NOT-FOR-PROFIT COMMUNITY CENTER | $50,000 |
| THE TABLE CHURCH OF THE PROMISE LOUISVILLE, KY | SUPPORT FOR NON PROFIT COMMUNITY TABLE | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J ROBERT SHAVER | PRESIDENT | 1 | — |
| JOSEPH K SHAVER | VICE PRESIDENT | 1 | — |
| CHARLES W SHAVER | SECRETARY | 1 | — |
| CAROL S MOSES | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shaver Foundation Inc?
Shaver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $274K in total assets as of 2024.
How large is Shaver Foundation Inc?
As of 2024, Shaver Foundation Inc holds $274K in total assets with $165K in annual revenue. It awarded 3 grants totaling $150K in 2024.
Where does Shaver Foundation Inc operate?
Shaver Foundation Inc has awarded grants in Florida, Georgia, Illinois, Kentucky.
What size grants does Shaver Foundation Inc award?
In 2024, Shaver Foundation Inc awarded 3 grants totaling $150K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Shaver Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shaver Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shaver Foundation Inc's EIN?
Shaver Foundation Inc's EIN (Employer Identification Number) is 26-0307376. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shaver Foundation Inc'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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