Shipka Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53K
-4.1% YoY
Annual Giving
$4K
-40.9% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$1K
-21.2% YoY
Under IRS private-foundation payout rules, Shipka Corporation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Shipka Corporation
Based on IRS filings
Shipka Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $2K.
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 | $53,194 | $55,477 | $60,459 |
| Revenue | $2,236 | $2,063 | $1,948 |
| Expenses | $4,519 | $7,045 | $9,534 |
| Qualifying Distributions | $3,857 | $6,495 | $8,969 |
| Net Investment Income | $1,574 | $1,513 | $1,383 |
| Distributable Amount | $3,630 | $3,627 | $4,316 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Manta Print ($2,010), Kalinka Dineva ($1,000), Velho Velhov ($700).
| Recipient | Purpose | Amount |
|---|---|---|
| KALINKA DINEVA SOFIA, AR | SUPPORT FOR CHRISTIAN LEADER | $1,000 |
| VELHO VELHOV SOFIA, AR | DISTRIBUTION OF CHRISTIAN BOOKS | $700 |
| MANTA PRINT SOFIA, AR | PRINT CHRISTIAN BOOKS | $2,010 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JACK S STEARNS JR | PRESIDENT | 2 | — |
| PETYA R STEARNS | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shipka Corporation?
Shipka Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. It holds $53K in total assets as of 2024.
How large is Shipka Corporation?
As of 2024, Shipka Corporation holds $53K in total assets with $2K in annual revenue. It awarded 3 grants totaling $4K in 2024.
Where does Shipka Corporation operate?
Shipka Corporation has awarded grants in Arkansas, Florida.
What size grants does Shipka Corporation award?
In 2024, Shipka Corporation awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Shipka Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shipka Corporation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shipka Corporation's EIN?
Shipka Corporation's EIN (Employer Identification Number) is 62-1708935. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shipka Corporation'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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