Shisu Foundation Inc

Foundation · Grantmaker BROOKLYN, NY EIN: 84-2387792

Shisu Foundation Inc is a private foundation focused on Human Services, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $665K in total assets. In 2024, it awarded 5 grants totaling $52K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$665K

+15.8% YoY

Annual Giving

$52K

-17.3% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$10K

-33.8% YoY

Under IRS private-foundation payout rules, Shisu Foundation Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About Shisu Foundation Inc

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $205K (90%)

New York $20K (9%)

Pennsylvania $4K (2%)

States

New Jersey New York Pennsylvania

Cities

BrooklynChestnutLakewoodPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$665,148	$574,622	$600,648
Revenue	$7,986	$-1,098	$29,027
Expenses	$53,200	$64,335	$46,525
Qualifying Distributions	$52,200	$63,100	$44,700
Net Investment Income	$14,621	$12,212	$26,937
Distributable Amount	$30,326	$27,812	$29,569

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Meoros Bais Yeaka ($18,000), Cong Gates of Mercy ($12,000), Mesivta Ner Moshe ($10,000).

Recipient	Purpose	Amount
CONG GATES OF MERCY LAKEWOOD, NJ	FINANCIAL SUPPORT TO NEEDY INDIVIDUALS AND CHARITIES	$12,000
MEOROS BAIS YEAKA LAKEWOOD, NJ	FINANCIAL SUPPORT TO NEEDY INDIVIDUALS AND CHARITIES	$18,000
MESIVTA NER MOSHE LAKEWOOD, NJ	FINANCIAL SUPPORT TO NEEDY INDIVIDUALS AND CHARITIES	$10,000
YESHIVA ORCHOS CHAIM LAKEWOOD, NJ	FINANCIAL SUPPORT TO NEEDY INDIVIDUALS AND CHARITIES	$7,100
YESHIVA ROMEMUS HATORAH CHESTNUT, NY	FINANCIAL SUPPORT TO NEEDY INDIVIDUALS AND CHARITIES	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SHIMSHON SHERER	PRESIDENT	—	—
SHIFRAH SHERER	VICE-PRESIDENT	—	—
YISROEL SHERER	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Shisu Foundation Inc?

Shisu Foundation Inc is a private foundation focused on Human Services, based in BROOKLYN, NY. It holds $665K in total assets as of 2024.

How large is Shisu Foundation Inc?

As of 2024, Shisu Foundation Inc holds $665K in total assets with $8K in annual revenue. It awarded 5 grants totaling $52K in 2024.

Where does Shisu Foundation Inc operate?

Shisu Foundation Inc has awarded grants in New Jersey, New York, Pennsylvania.

What size grants does Shisu Foundation Inc award?

In 2024, Shisu Foundation Inc awarded 5 grants totaling $52K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Shisu Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Shisu Foundation Inc reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.