Shepherd Foundation
Shepherd Foundation is a private foundation, based in Woodcliff Lake, NJ. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $422K. Net investment income was $31.
Shepherd Foundation at a glance
In short: Shepherd Foundation gave $422K across 2 grants in 2021 (avg $211K), mostly in New Jersey. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $422,000
- -47.1% vs 2020
- Grants made (2021)
- 2
- -87.5% vs 2020
- Average grant
- $211,000
- +323.1% vs 2020
- Median grant
- $211,000
- Primary geography
- New Jersey (50% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Shepherd Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
The largest 2021 recipient was The BOV Foundation Inc ($211K). Together the top 2 received $422K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 9 grants of 18 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 2 itemized grants.
Cities
How Shepherd Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $422K (2021) to $798K (2020). In 2021 it made 2 grants totaling $422K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The BOV Foundation Inc Hopewell, NJ | Various Medical, Civic & Art Causes | $211,000 |
| Bessemer Giving Fund New York, NY | Various Medical, Civic & Art Causes | $211,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $31 | $437,316 | $422,000 | 2 | $425,000 | $31 | $10,286 |
| 2020 | $412,405 | $591,266 | $968,702 | $798,000 | 16 | — | $524,983 | $562,207 |
Under IRS private-foundation payout rules, Shepherd Foundation reported a distributable amount of $10K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Shepherd Foundation's 2021 filing lists 5 officers; 1 of 5 officers listed in 2021 is compensated.
Officers on the 2021 filing
Carol Schaefer
Trustee
On filings since 2020
No compensation reported
Charles V. Schaefer III
Trustee
On filings since 2020
No compensation reported
George Bovenizer
Trustee
On filings since 2020
No compensation reported
Lynn S. Bovenizer
Trustee
On filings since 2020
No compensation reported
Mark Bovenizer
Advisor
On filings since 2020
10 hrs/week
$25K (2020) → $3K (2021)
Former officers (1)
- Former: Richard Passen (2020) — Trustee & Advisor
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $3K, to Mark Bovenizer (Advisor).
Frequently asked questions about Shepherd Foundation
How much does Shepherd Foundation give each year?
Shepherd Foundation gave $422K across 2 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $798K across 16 grants.
Where does Shepherd Foundation operate?
Shepherd Foundation has awarded grants in District of Columbia, Florida, Massachusetts, New Jersey, New York, Pennsylvania, Virginia.
How much is Shepherd Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Shepherd Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shepherd Foundation's EIN?
Shepherd Foundation's EIN (Employer Identification Number) is 22-6460210. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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