Shipley Foundation Inc #0755496 logo

Shipley Foundation Inc #0755496

BOSTON, MA EIN: 23-7015570 Website

Shipley Foundation Inc. is a private independent foundation based in Boston, Massachusetts, established in 1969 by Charles and Lucia Shipley, the co-founders of the Shipley Company. The foundation operates as a family foundation with a mission to improve people's lives through strategic philanthropic investments across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$159.6M

+1.3% YoY

Annual Giving

$10.0M

-5.1% YoY

Grant Count

83

-16.2% YoY

Avg Grant Size

$120K

+13.2% YoY

Under IRS private-foundation payout rules, Shipley Foundation Inc #0755496 reported a distributable amount of $10.6M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation strives to improve people's lives in the United States and abroad by catalyzing innovation, building capacity, and responding nimbly to need. Primary funding areas include:

  • Education
  • Medical research
  • Animal welfare and conservation
  • Support for immigrants, refugees, and asylum-seekers
  • Services and support for veterans and their families
  • Hunger relief
  • Substance use disorder treatment and care

Grantmaking

Grants are made exclusively to organizations identified by and known to the foundation's directors. Unsolicited applications for funding are not being accepted at this time. Current grant recipients may share information and updates on their work via email to shipleyfoundation@nutter.com.

Grant Range

$2,000 to $1,300,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in the United States and internationally.

Grant Distribution by State

21states
+13 more states

Cities

Albert LeaAlpharettaBerkeleyBostonBrooklineBurlingtonCambridgeCarryCaryChapel HillChelseaCincinnatiCoconut GroveCoral GablesCulter BayDedhamDurhamEvanstonFort CollinsFort Myers

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $159,579,193
  • Total revenues: $13,659,454
  • Total expenses: $11,640,956
  • Number of employees: 0

As of 2023:

  • Total assets: $157,560,695
  • Total giving: $10,515,314
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$159,579,193$157,560,695$159,363,598
Revenue$13,659,454$10,387,848$6,167,746
Expenses$11,640,956$12,190,751$12,607,573
Qualifying Distributions$10,372,700$10,895,523$11,128,872
Net Investment Income$12,255,972$8,682,882$4,669,520
Distributable Amount$10,554,023$10,760,368$11,087,659

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$11M85 grants202085 grants202196 grants202299 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BRIDGE TO TURKIYE$1.4MBOSTON UNIVERSITY$1.3MMIAMI-DADE COLLEGE FOUND…$1.1MBEST FRIENDS ANIMAL SOCI…$493KCATALYST FUND$290KCOLORADO STATE UNIVERSITY$275KBRIDGE TO TURKIYE$250KBRIDGE TO TURKIYE$175KCAMILLUS HOUSE$150KHUMANE SOCIETY INTERNATI…$150K

Grant Size Distribution

250 grants across all recorded years

109<$50K71$50–100K28$100–250K26$250–500K7$500K–1M9$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bridge to Turkiye ($1,400,000), Boston University ($1,310,000), Miami-dade College Foundation ($1,055,000).

RecipientPurposeAmount
AGASSIZ VILLAGE FRAMINGHAM, MAGENERAL OPERATING SUPPORT$25,000
AMERICAN FRIEND SERVICES COMMITTEE PHILADELPHIA, PASUPPORT WORK WITH IMMIGRANTS AND REFUGEES IN MIAMI-DADE COUNTY$80,000
BAY AREA COMMUNITY SERVICES OAKLAND, CAGENERAL OPERATING SUPPORT$30,000
BEST FRIENDS ANIMAL SOCIETY KANAB, UTFOR SHIPLEY DOG LODGES$493,086
BOSTON MEDICAL CENTER BOSTON, MAADDICTION FELLOWSHIP PROGRAM$100,000
BOSTON UNIVERSITY BOSTON, MASHIPLEY CENTER FOR DIGITAL LEARNING & INNOVATION$1,310,000
BREAKING THROUGH MIAMI MIAMI, FLGENERAL OPERATING SUPPORT; CTR ON FORCED DISPLACEMENT; ANNUAL FUND; MED SCHOOL$50,000
BRIDGE TO HOPE CULTER BAY, FLGENERAL OPERATING SUPPORT$30,000
BRIDGE TO TURKIYE CHAPEL HILL, NCDORMITORIES PROJECT$1,400,000
BRIDGE TO TURKIYE CHAPEL HILL, NCCAPACITY BUILDING GRANT$175,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD C SHIPLEYPRESIDENT5
THOMAS P JALKUTTREASURER5
RICHARD C SHIPLEYDIRECTOR5
JULIA SATTI COSENTINOCLERK5
THOMAS P JALKUTDIRECTOR5
JULIA SATTI COSENTINODIRECTOR5
KAREN L SHIPLEYDIRECTOR5
JASON R SHIPLEYVICE PRESIDENT5
JASON R SHIPLEYDIRECTOR5
FEYZA ALTINDAG SHIPLEYDIRECTOR5
ELIZABETH S HUNTDIRECTOR5

Recent News & Activity

Recent developments and announcements

2026

The foundation has announced the 2026 Shipley Prostate Cancer Research Awards through the Chobanian & Avedisian School of Medicine at Boston University, indicating ongoing support for medical research initiatives.

Shipley Foundation Inc - Grant Information & Application Details

Contact Information

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Shipley Foundation Inc #0755496 fund?

The foundation strives to improve people's lives in the United States and abroad by catalyzing innovation, building capacity, and responding nimbly to need. Primary funding areas include: • Education • Medical research • Animal welfare and conservation • Support for immigrants, refugees, and asylum-seekers • Services and support for veterans and their families • Hunger relief • Substance use disorder treatment and care

How do I apply for a grant from Shipley Foundation Inc #0755496?

**Grant Activity:** • Annual giving: approximately $10.5 million • Number of grants: approximately 96-99 grants annually • Grant range: $2,000 to $1,300,000 • Median grant: $50,000 **Application Process:** Grants are made exclusively to organizations identified by and known to the foundation's directors. Unsolicited applications for funding are not being accepted at this time. Current grant recipients may share information and updates on their work via email to shipleyfoundation@nutter.com. **R…

Where does Shipley Foundation Inc #0755496 make grants?

The foundation funds organizations in the United States and internationally.

What size grants does Shipley Foundation Inc #0755496 award?

In 2024, Shipley Foundation Inc #0755496 awarded 83 grants totaling $10.0M — an average of about $120K per grant, based on its IRS Form 990 filings.

How much is Shipley Foundation Inc #0755496 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Shipley Foundation Inc #0755496 reported a distributable amount of $10.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Shipley Foundation Inc #0755496's EIN?

Shipley Foundation Inc #0755496's EIN (Employer Identification Number) is 23-7015570. IRS Form 990 filing data is available on this page for 2020–2024.

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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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