Shepherds Way Foundation Inc
Shepherds Way Foundation Inc is a private foundation, based in Harrisonburg, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $607K in total assets. In 2024, it awarded 7 grants totaling $69K. Net investment income was $51K.
Shepherds Way Foundation Inc at a glance
In short: Shepherds Way Foundation Inc gave $69K across 7 grants in 2024 (avg $10K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $69,000
- -16.9% vs 2023
- Grants made (2024)
- 7
- -30.0% vs 2023
- Average grant
- $9,857
- +18.8% vs 2023
- Median grant
- $10,000
- Total assets
- $606,663
- -3.3% vs 2023
- Primary geography
- Virginia (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Shepherds Way Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Grace Covenant Church ($20K). Together the top 6 received $69K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 26 grants of 26 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $69K (2022) to $83K (2023). In 2024 it made 7 grants totaling $69K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grace Covenant Church Harrisonburg, VA | Support of Kenya Mission | $20,000 |
| Train 2 Send Verona, VA | Missionary Training | $16,000 |
| Advancing Native Missions Afton, VA | Missionary Support | $13,000 |
| Greater Hope Ministries Broadway, VA | Ministry Support | $10,000 |
| Advancing Native Missions Afton, VA | Missionary Support | $3,500 |
| Pregnancy Support CT Southside VA Farmville, VA | Crisis Prgnancy Support | $3,500 |
| Frontier Fellowship Richfield, MN | Missionary Support | $3,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2024 | $606,663 | $51,259 | $72,273 | $69,000 | 7 | $69,000 | $51,259 |
| 2023 | $627,677 | $10,480 | $83,686 | $82,990 | 10 | $82,990 | $10,480 |
| 2022 | $700,883 | $770,000 | $69,117 | $69,000 | 9 | $69,000 | — |
Leadership & Key People
Officers and directors from IRS filings
Shepherds Way Foundation Inc is led by Thomas Watson, President on every filing since 2022; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas Watson
President
On filings since 2022
No compensation reported
Betty J. Delp
Director
On filings since 2022
No compensation reported
Brian A. Mongold
Director
On filings since 2022
No compensation reported
Daniel M. Woodworth
Director
On filings since 2022
No compensation reported
James S. Delp
Director
On filings since 2022
No compensation reported
Julius M. Griles Jr.
Director
On filings since 2022
No compensation reported
Susan L. Woodworth
Director
On filings since 2022
No compensation reported
Mark A. Graham
Executive Di
On filings since 2022
No compensation reported
Former officers (1)
- Former: Thomas J. Corcoran (2022–2023) — Director
Data from IRS Form 990 filings, 2022–2024. "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 Shepherds Way Foundation Inc
How much does Shepherds Way Foundation Inc give each year?
Shepherds Way Foundation Inc gave $69K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $83K across 10 grants.
What is Shepherds Way Foundation Inc's typical grant size?
Shepherds Way Foundation Inc's median grant in 2024 was $10,000, and its average grant was $9,857, across 7 grants on its 2024 IRS Form 990-PF.
Where does Shepherds Way Foundation Inc give grants?
Shepherds Way Foundation Inc gives mostly in Virginia: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Afton, VA (2 grants).
Does Shepherds Way Foundation Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Shepherds Way Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Missionary Support" (3 grants).
Who are Shepherds Way Foundation Inc's largest grantees?
Shepherds Way Foundation Inc's largest 2024 grantees include Grace Covenant Church ($20,000), Advancing Native Missions ($16,500 across 2 grants) and Train 2 Send ($16,000), according to its 2024 IRS Form 990-PF. Together they received 76% of its itemized 2024 grant dollars.
How large is Shepherds Way Foundation Inc?
Shepherds Way Foundation Inc reported $607K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $51K.
What is Shepherds Way Foundation Inc's EIN?
Shepherds Way Foundation Inc's EIN (Employer Identification Number) is 87-4263775. IRS Form 990 filing data is available on this page for 2022–2024.
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 2022–2024
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