Shaver Foundation Inc

Private foundation · Grantmaker Louisville, KY EIN: 26-0307376

Shaver Foundation Inc is a private foundation, 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.

Key facts about Shaver Foundation Inc

In short: Shaver Foundation Inc gave $150K across 3 grants in 2024 (avg $50K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

EIN
26-0307376
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$150,000
Grants made (2024)
3
Average grant
$50,000
Median grant
$50,000
Total assets
$274,036
Primary geography
Kentucky (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Shaver Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+6%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

LouisvilleLeitchfieldCentral CityChicagoMariettaOrlando

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K15 grants2020 5 grants2021 3 grants2022 8 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $95K (2023) to $259K (2020). In 2024 it made 3 grants totaling $150K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Church of the Promise: $50KChurch of the Promise$50KPortland Promise Center: $50KPortland Promise Center$50KThe Table Church of the Promise: $50KThe Table Church of thePromise$50K

The largest 2024 recipient was Church of the Promise ($50K). Together the top 3 received $150K.

Grant Size Distribution

34 grants across all recorded years

25<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 34 (74%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Church of the Promise Louisville, KYGeneral Operating Fund$50,000
Portland Promise Center Louisville, KYSupport for Not-for-Profit Community Center$50,000
The Table Church of the Promise Louisville, KYSupport for Non Profit Community Table$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
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—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Shaver Foundation Inc is led by J. Robert Shaver, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • J. Robert Shaver

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carol S. Moses

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles W. Shaver

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph K. Shaver

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Shaver Foundation Inc

How much does Shaver Foundation Inc give each year?

Shaver Foundation Inc gave $150K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95K across 8 grants.

What is Shaver Foundation Inc's typical grant size?

Shaver Foundation Inc's median grant in 2024 was $50,000, and its average grant was $50,000, across 3 grants on its 2024 IRS Form 990-PF.

Where does Shaver Foundation Inc give grants?

Shaver Foundation Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (3 grants).

Does Shaver Foundation Inc give general operating support?

Yes: 33% of Shaver Foundation Inc's 2024 grants with a stated purpose (1 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Shaver Foundation Inc?

Shaver Foundation Inc reported $274K in total assets on its 2024 IRS Form 990-PF. It paid out $150K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).

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.

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

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