Sheila Fortune Foundation Inc
The Sheila Fortune Foundation Inc is a private foundation based in Boulder, Colorado, established in 1999. The foundation is supported by Sheila Fortune and operates as a 501(c)(3) organization dedicated to philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.7M
+183.9% YoY
Annual Giving
$407K
-12.4% YoY
Grant Count
72
-8.9% YoY
Avg Grant Size
$6K
-3.9% YoY
Under IRS private-foundation payout rules, Sheila Fortune Foundation Inc reported a distributable amount of $604K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports initiatives in the following areas:
- Arts and culture
- Performing arts
- Human services
- Family services
- Child welfare
- Education
- Philanthropy, voluntarism, and grantmaking
Grantmaking
Grant Range
s & Frequency:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds projects in:
- Colorado
- Pennsylvania
- Indiana
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $15,662,617
- Total revenues: $10,685,815
- Total expenses: $537,023
- Total grants made: $407,000
Contact Information:
- P.O. Box 20508, Boulder, CO 80308
- Email: sheilafortunefnd@gmail.com
- Website: www.sheilafortunefoundation.com
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,662,617 | $5,517,090 | $5,230,245 |
| Revenue | $10,685,815 | $835,219 | $574,820 |
| Expenses | $537,023 | $545,707 | $621,209 |
| Qualifying Distributions | $483,993 | $524,928 | $594,996 |
| Net Investment Income | $2,608,022 | $740,040 | $488,426 |
| Distributable Amount | $604,100 | $343,289 | $372,296 |
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
200 grants across all recorded years
Open Grants
1 open opportunity from Sheila Fortune Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include EcoArts Connections ($10,000), Kids Dance Outreach ($8,500), Blue Sage Center for the Arts ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| After-School All-Stars Philadelphia, PA | PROGRAM SUPPORT | $4,000 |
| Art from Ashes Denver, CO | PROGRAM SUPPORT | $6,000 |
| Art Students League of Denver Denver, CO | PROGRAM SUPPORT | $7,500 |
| Arts Council of Southern Indiana New albany, IN | PROGRAM SUPPORT | $6,000 |
| After Your School (AYS) Indianapolis, IN | PROGRAM SUPPORT | $4,000 |
| Barnstone Art for Kids Phoenixville, PA | PROGRAM SUPPORT | $7,500 |
| Beyond the Bars Philadelphia, PA | PROGRAM SUPPORT | $5,000 |
| Blue Sage Center for the Arts Paonia, CO | PROGRAM SUPPORT | $8,000 |
| Boys & Girls Clubs of Huntington Huntington, IN | PROGRAM SUPPORT | $4,000 |
| Boys & Girls Clubs of Northeast Indiana Fort Wayne, IN | PROGRAM SUPPORT | $7,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Ellen Feeney — Executive Director (compensation: $55,605 as of 2023)
The foundation operates with 2 employees.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Sheila Fortune Foundation Inc fund?
The foundation supports initiatives in the following areas: • Arts and culture • Performing arts • Human services • Family services • Child welfare • Education • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from Sheila Fortune Foundation Inc?
**Grant Sizes & Frequency:** • Typical grant awards range from $4,000 to $10,000 • Annual giving totals approximately $332,000 to $407,000 **Recent Grants (2024):** • EcoArts Connections: $10,000 (Program Support) • Kids Dance Outreach: $8,500 (Program Support) • PlatteForum: $8,000 (Program Support) • Total of 64 grants made in 2024 totaling $362,500
Where does Sheila Fortune Foundation Inc make grants?
The foundation primarily funds projects in: • Colorado • Pennsylvania • Indiana
What size grants does Sheila Fortune Foundation Inc award?
In 2024, Sheila Fortune Foundation Inc awarded 72 grants totaling $407K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Sheila Fortune Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sheila Fortune Foundation Inc reported a distributable amount of $604K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sheila Fortune Foundation Inc's EIN?
Sheila Fortune Foundation Inc's EIN (Employer Identification Number) is 84-1467131. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Sheila Fortune Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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