Shea Family Foundation Inc is a private foundation focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $606K in total assets. In 2024, it awarded 13 grants totaling $140K. Net investment income was $24K.
Key facts about Shea Family Foundation Inc
- EIN
- 80-0299056
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $139,815
- Grants made (2024)
- 13
- Average grant
- $10,755
- Median grant
- $2,215
- New grantees (estimate)
- 38% first-time grantees (5 of 13, 2024)
- Total assets
- $606,116
- Primary geography
- Illinois (85% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Shea Family Foundation Inc funds
By grant dollars, the top recipient states for Shea Family Foundation Inc's 13 itemized 2024 grants were Illinois (85%), California (6%) and Florida (5%). The most frequent recipient cities were Chicago, IL (5 grants). 100% of grants with a stated purpose were for general or operating support.
Is Shea Family Foundation Inc open to new grantees?
38%
first-time grantees, 2024
In 2024, 5 of 13 grantees (38%) were first-time recipients. First grants averaged $1K; repeat grants $17K. How we count
Medians: $2K first-time, $5K repeat.
- 62% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+7%). Method
- In 2024 it paid out 306% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Shea Family Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$606K
-16.2% YoY
Annual Giving
$140K
+53.7% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$11K
+41.9% YoY
Under IRS private-foundation payout rules, Shea Family Foundation Inc reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About Shea Family Foundation Inc
Based on IRS filings
Shea Family Foundation Inc is a private foundation focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $606K in total assets. In 2024, it awarded 13 grants totaling $140K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $606,116 | $722,992 | $798,961 |
| Revenue | $23,779 | $15,521 | $13,577 |
| Expenses | $140,655 | $91,490 | $93,686 |
| Qualifying Distributions | $139,815 | $90,965 | $93,461 |
| Net Investment Income | $23,779 | $15,521 | $13,577 |
| Distributable Amount | $45,627 | $48,688 | $54,450 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Joffrey Ballet ($60,000), Chicago Symphony Orchestra ($52,550), Adventures for the Mind Foundation ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| JOFFREY BALLET Chicago, IL | GENERAL OPERATION | $60,000 |
| CHICAGO SYMPHONY ORCHESTRA Chicago, IL | GENERAL OPERATION | $52,550 |
| ADVENTURES FOR THE MIND FOUNDATION Palm Beach Gardens, FL | GENERAL OPERATION | $7,500 |
| PALM SPRINGS PATHFINDERS CO THUNDERBIRD COUNTRY CLUB Rancho Mirage, CA | GENERAL OPERATION | $5,800 |
| UNIVERSITY OF NOTRE DAME Notre Dame, IN | GENERAL OPERATION | $5,000 |
| RANCHO MIRAGE LIBRARY FOUNDATION Ranch Mirage, CA | GENERAL OPERATION | $2,500 |
| JUNIOR LEAGUE OF CHICAGO Chicago, IL | GENERAL OPERATION | $2,215 |
| ANNUAL CATHOLIC APPEAL OF THE ARCHDIOCESE OF CHICAGO Chicago, IL | GENERAL OPERATION | $1,500 |
| IMMACULATE CONCEPTION ST JOSEPH PARISH Chicago, IL | GENERAL OPERATION | $1,500 |
| CLARK CARES FOUNDATION St Charles, IL | GENERAL OPERATION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Courtney C Shea | President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shea Family Foundation Inc?
Shea Family Foundation Inc is a private foundation focused on Education, based in Chicago, IL. It holds $606K in total assets as of 2024.
How large is Shea Family Foundation Inc?
As of 2024, Shea Family Foundation Inc holds $606K in total assets with $24K in annual revenue. It awarded 13 grants totaling $140K in 2024.
Where does Shea Family Foundation Inc operate?
Shea Family Foundation Inc has awarded grants in California, Florida, Georgia, Illinois, Indiana, Michigan, New Mexico, South Carolina, Wisconsin.
What size grants does Shea Family Foundation Inc award?
In 2024, Shea Family Foundation Inc awarded 13 grants totaling $140K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Shea Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shea Family Foundation Inc reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shea Family Foundation Inc's EIN?
Shea Family Foundation Inc's EIN (Employer Identification Number) is 80-0299056. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.