Shey Charitable Foundation Inc
Shey Charitable Foundation Inc is a private foundation focused on Education, based in Newberry, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.2M in total assets. In 2025, it awarded 7 grants totaling $98K. Net investment income was $80K.
Shey Charitable Foundation Inc at a glance
In short: Shey Charitable Foundation Inc gave $98K across 7 grants in 2025 (avg $14K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $97,500
- -3.5% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $13,929
- -3.5% vs 2024
- Median grant
- $10,000
- Total assets
- $7,244,646
- +1.4% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Shey Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was U of F Foundation ($58K). Together the top 7 received $98K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 35 grants of 40 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Shey Charitable Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 121% of 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 2025, annual grant giving ranged from $88K (2021) to $110K (2020). In 2025 it made 7 grants totaling $98K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| U of F Foundation Gainesville, FL | Charitable | $57,500 |
| STOP Chjildren's Cancer Gainesville, FL | Charitable | $10,000 |
| Santa Fe College Endowment Fund Gainesville, FL | Charitbale | $10,000 |
| Gainesville Chamber Orchestra Gainesville, FL | Charitable | $10,000 |
| Recovery Rx St Augustine, FL | Charitable | $5,000 |
| Peaceful Paths Gainesville, FL | Charitable | $2,500 |
| Meredian Behav Health Gainesville, FL | Charitable | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,244,646 | $179,688 | $98,461 | $97,500 | 7 | $97,500 | $79,688 | $80,334 |
| 2024 | $7,143,518 | $154,481 | $102,569 | $101,000 | 7 | $101,000 | $54,481 | — |
| 2023 | $7,042,745 | $148,576 | $91,189 | $90,500 | 8 | $90,500 | $48,576 | — |
| 2022 | $6,949,928 | $143,219 | $95,860 | $95,000 | 9 | $95,000 | $43,219 | $66,326 |
| 2021 | $6,969,037 | $138,183 | $88,629 | $88,000 | 9 | — | $56,476 | — |
| 2020 | $6,870,556 | $140,127 | $110,493 | $110,000 | 14 | — | $40,127 | — |
Under IRS private-foundation payout rules, Shey Charitable Foundation Inc reported a distributable amount of $80K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Shey Charitable Foundation Inc is led by Carol Shey, President & Director on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Shey
President & Director
On filings since 2020
No compensation reported
James Alexander
Director
On filings since 2020
No compensation reported
John Bovay
Director
On filings since 2020
No compensation reported
John Roscow
Director
On filings since 2020
No compensation reported
Kara E Shey
Director
On filings since 2020
No compensation reported
Laura B Shey
Director
On filings since 2020
No compensation reported
Lisa McCallister
Director
On filings since 2020
No compensation reported
Stephen Shey
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Susan F Shey
Director
On filings since 2020
No compensation reported
Former officers (2)
- Former: Will Olinger (2020–2024) — Director
- Former: John Puleo (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Shey Charitable Foundation Inc
How much does Shey Charitable Foundation Inc give each year?
Shey Charitable Foundation Inc gave $98K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $101K across 7 grants.
What is Shey Charitable Foundation Inc's typical grant size?
Shey Charitable Foundation Inc's median grant in 2025 was $10,000, and its average grant was $13,929, across 7 grants on its 2025 IRS Form 990-PF.
Where does Shey Charitable Foundation Inc give grants?
Shey Charitable Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Gainesville, FL (6 grants).
Does Shey Charitable Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Shey Charitable Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are Shey Charitable Foundation Inc's largest grantees?
Shey Charitable Foundation Inc's largest 2025 grantees include U of F Foundation ($57,500), STOP Chjildren's Cancer ($10,000) and Santa Fe College Endowment Fund ($10,000), according to its 2025 IRS Form 990-PF. Together they received 79% of its itemized 2025 grant dollars.
How large is Shey Charitable Foundation Inc?
Shey Charitable Foundation Inc reported $7.2M in total assets on its 2025 IRS Form 990-PF. It paid out $98K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets).
What is Shey Charitable Foundation Inc?
Shey Charitable Foundation Inc is a private foundation focused on Education, based in Newberry, FL. It holds $7.2M in total assets as of 2025.
What is Shey Charitable Foundation Inc's EIN?
Shey Charitable Foundation Inc's EIN (Employer Identification Number) is 59-2941793. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 12, 2026)
- IRS filings on file for fiscal years 2020–2025
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