Shipps Foundation
Shipps Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $816K in total assets. In 2025, it awarded 6 grants totaling $47K. Net investment income was $105K.
Key facts about Shipps Foundation
In short: Shipps Foundation gave $47K across 6 grants in 2025 (avg $8K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 13-4090870
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $46,500
- Grants made (2025)
- 6
- Average grant
- $7,750
- Median grant
- $8,000
- Total assets
- $815,560
- Primary geography
- New York (78% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$816K
+7.1% YoY
Annual Giving
$47K
+55.0% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$8K
+3.3% YoY
Under IRS private-foundation payout rules, Shipps Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
How Shipps Foundation gives
- Giving grew 39% from 2022 to 2025. Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Shipps Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WOMEN'S PRISON ASSOCIATION New York, NY | OPERATIONAL | $10,500 |
| CLAREMONT MCKENNA COLLEGE Claremont, CA | OPERATIONAL | $10,000 |
| MUSEUM OF MODERN ART New York, NY | OPERATIONAL | $10,000 |
| CITIZENS UNION FOUNDATION Staten Island, NY | OPERATIONAL | $6,000 |
| NEW YORK JUNIOR LEAGUE New York, NY | OPERATIONAL | $5,000 |
| NY LANDMARKS PRESERVATION FDN New York, NY | OPERATIONAL | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $815,560 | $761,298 | $709,213 |
| Revenue | $104,954 | $84,097 | $26,924 |
| Expenses | $50,692 | $32,018 | $38,994 |
| Qualifying Distributions | $48,665 | $32,006 | $38,991 |
| Net Investment Income | $104,945 | $83,989 | $26,921 |
| Distributable Amount | $51,463 | $47,683 | $42,093 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
Leadership & Key People
Officers and directors from IRS filings
Shipps Foundation is led by Christina Davis, President & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christina Davis
President & Director
On filings since 2020
1 hr/week
No compensation reported
V. Allison Davis O'Keefe
Director
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Richard Davis (2020–2022) — Secretary, Treasurer & 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 Shipps Foundation
How much does Shipps Foundation give each year?
Shipps Foundation gave $47K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 4 grants.
What is Shipps Foundation's typical grant size?
Shipps Foundation's median grant in 2025 was $8,000, and its average grant was $7,750, across 6 grants on its 2025 IRS Form 990-PF.
Where does Shipps Foundation give grants?
Shipps Foundation gives mostly in New York: 78% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (22%). The most frequent recipient cities were New York, NY (4 grants).
Does Shipps Foundation give general operating support?
Yes: 100% of Shipps Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Shipps Foundation's largest grantees?
Shipps Foundation's largest 2025 grantees include Women's Prison Association ($10,500), Claremont McKenna College ($10,000) and Museum of Modern Art ($10,000), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.
How large is Shipps Foundation?
Shipps Foundation reported $816K in total assets on its 2025 IRS Form 990-PF. It paid out $49K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).
What is Shipps Foundation?
Shipps Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $816K in total assets as of 2025.
What is Shipps Foundation's EIN?
Shipps Foundation's EIN (Employer Identification Number) is 13-4090870. 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.
Here's the math on researching Shipps Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Shipps Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
The Arthur and Janet Hershaft Foundation
Palm Beach, FL
The Arthur and Janet Hershaft Foundation supports a range of charitable organizations, including healthcare, education, arts and culture, civic affairs, and Jewish community organizations, primarily in Florida and New York, with some giving in Connecticut and Washington, D.C. In 2025, grants ranged from $360 to $77,000, with a median of $6,565. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.7M
Grants
25
Total Given
$472K
Bishop Fund FD No 2
Brooklyn, OH
Bishop Fund FD No 2 supports arts and cultural organizations, education, and related programs, with 2024 grants ranging from $500 to $15,000 and a median of $1,100. Its grants went mainly to organizations in Washington and New York, with smaller shares in California and Connecticut; the filing lists no application form or deadline and does not state whether unsolicited requests are accepted.
Assets
$878K
Grants
30
Total Given
$75K
The Joseph and Robert Cornell
Charlottesville, VA
The Joseph and Robert Cornell funds preselected nonprofits, with an emphasis on the arts and additional support for education, historic preservation, community services, and hospice care. Its 2025 grants ranged from $5,000 to $1,130,000, with a median of $37,500; most funding went to Virginia and New York. It does not accept unsolicited requests.
Assets
$66.1M
Grants
58
Total Given
$5.6M
Anna-Maria and Stephen Kellen Foundation
New York, NY
The foundation supports organizations in arts and culture, education, health and research, and land conservation, with most 2025 grant dollars going to New York, followed by Connecticut, California, and Washington, DC. Its 2025 grants ranged from $1,000 to $2.25 million, with a median of $65,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$88.2M
Grants
128
Total Given
$25.1M
Jr Hyde III Family Foundation
Memphis, TN
The foundation funds Memphis-area nonprofits working in education, arts and culture, civic leadership, neighborhoods, and public spaces, with an emphasis on equity and opportunity. Its 2024 median grant was $37,500, though awards varied widely; organizations may apply online after contacting program staff to discuss fit.
Assets
$256.5M
Grants
141
Total Given
$12.9M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health-access initiatives for disproportionately affected populations, including cancer, blood disorders, brain health, and clinical-trial participation, in the United States and internationally. In 2024, its median grant was $134,090, though awards varied widely; it says application materials are available upon request and advises organizations to contact it about the process, but does not state whether unsolicited requests are accepted.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Tisbest Philanthropy
Seattle, WA
TisBest Philanthropy distributes grants to eligible U.S. charities across a broad range of causes, based on gift-card recipients’ recommendations. In 2025, grants ranged from $5,020 to $200,000, with a median of $10,100; the profile does not state whether it accepts unsolicited requests.
Assets
$2.2M
Grants
181
Total Given
$3.8M
The Bloomberg Family Foundation Inc
New York, NY
The foundation funds work in public health, the environment, education, government innovation, and the arts, supporting organizations across the United States and beyond. Its 2024 grants ranged from $70,000 to about $187 million, with a median grant of roughly $1.5 million. Grant proposals are by invitation only, though some named programs offer specific application routes.
Assets
$12.1B
Grants
203
Total Given
$1.0B
United Way Worldwide
Alexandria, VA
United Way Worldwide supports community-focused work in health, youth opportunity, financial security, resilience, disaster recovery, education, and human services, including local United Way organizations. Its 2024 grants ranged from $5,100 to $736,333, with a median of $22,675, and went to recipients across multiple U.S. states; it describes its broader reach as global. No application process for unsolicited grant requests is specified.
Assets
$68.0M
Grants
209
Total Given
$11.4M
Viking Global Foundation Inc
Stamford, CT
The foundation funds educational equity, especially early childhood education, as well as environmental sustainability, emergency relief, and employee-nominated charitable interests, with a geographic emphasis on Connecticut, New York City, and San Francisco. In 2024, grants ranged from $21 to $375,000, with a median of $950; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.1M
Grants
423
Total Given
$3.6M
The Henry Luce Foundation Inc
New York, NY
The Henry Luce Foundation funds U.S. nonprofits and international equivalents working in areas including education, research, arts, civic life, Indigenous knowledge, religion, and women in STEM. Its 2024 grants had a median of $50,000, with amounts ranging from $75 to $1.25 million. The profile does not state whether it accepts unsolicited requests.
Assets
$1.1B
Grants
652
Total Given
$49.3M
More Funders in New York
Shipps Foundation down — hundreds of funders to go?