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.
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
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 |
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 include Joffrey Ballet ($60,000), Chicago Symphony Orchestra ($52,550), Adventures for the Mind Foundation ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVENTURES FOR THE MIND FOUNDATION PALM BEACH GARDENS, FL | GENERAL OPERATION | $7,500 |
| CHICAGO SYMPHONY ORCHESTRA CHICAGO, IL | GENERAL OPERATION | $52,550 |
| CLARK CARES FOUNDATION ST CHARLES, IL | GENERAL OPERATION | $500 |
| GENEVA NATIONAL SCHOLARSHIP FUND LAKE GENEVA, WI | GENERAL OPERATION | $250 |
| JOFFREY BALLET CHICAGO, IL | GENERAL OPERATION | $60,000 |
| JUNIOR LEAGUE OF CHICAGO CHICAGO, IL | GENERAL OPERATION | $2,215 |
| 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 |
| ANNUAL CATHOLIC APPEAL OF THE ARCHDIOCESE OF CHICAGO CHICAGO, IL | GENERAL OPERATION | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Shea Family 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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