Shoval Foundation

WILKES BARRE, PA EIN: 23-3024646

The Shoval Foundation is a private grantmaking foundation established in 1999 and based in Wilkes Barre, Pennsylvania. As a 501(c)(3) organization, it has been tax-exempt since January 2001. The foundation operates as a family foundation with no employees, distributing grants to various nonprofit organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

+5.1% YoY

Annual Giving

$151K

-16.1% YoY

Grant Count

85

+4.9% YoY

Avg Grant Size

$2K

-20.0% YoY

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

Mission & Focus Areas

The foundation does not maintain a published mission statement. However, based on its grantmaking patterns, the Shoval Foundation supports initiatives in the following areas:

  • Education
  • Agriculture, fishing, and forestry
  • Religion and Judaism
  • Human services
  • Philanthropy and voluntarism
  • Science and STEM education

Grantmaking

The Shoval Foundation makes unrestricted grants to a diverse range of organizations. Recent grantmaking activity includes:

Grant Range

s**: Range from $1,000 to $55,000, with median grants around $1,000 and average grants around $3,000-$9,000

Average Grant

s around $3,000-$9,000

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Geographic Focus

Where this funder awards grants

The Shoval Foundation supports organizations across multiple U.S. states and cities, with particular activity in:

  • Massachusetts
  • Pennsylvania
  • New York

Additional states receiving support include Alabama, California, Florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Minnesota, Tennessee, Texas, Virginia, and West Virginia.

Grant Distribution by State

17states
+9 more states

Cities

Albert LeaAmherstBaltimoreBethesdaBostonBrooklynCambridgeChicagoClarks SummitCummingDes MoinesEastonEdwardsvilleForty FortGreat BarringtonHagerstownHarpers FerryHarrisburgHillsdaleHollywood

Financial History

Multi-year comparison from IRS filings

Most Recent (Fiscal Year 2024)

  • Total Assets: $2,982,095
  • Total Revenue: $250,519
  • Total Expenses: $161,046
  • Net Income: $89,473
  • Total Liabilities: $100

Prior Year (Fiscal Year 2023)

  • Total Assets: $2,836,571
  • Total Revenue: $160,795
  • Total Expenses: $188,991

Revenue Composition (2023)

  • Investment income and dividends: $196,307
  • Net gain/loss from sale of non-inventory assets: -$40,743
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$174K$260K$347K20202021202220232024
Metric202420232022
Total Assets$2,982,195$2,836,571$2,653,698
Revenue$250,519$160,795$205,441
Expenses$161,046$188,991$280,365
Qualifying Distributions$150,998$179,964$261,285
Net Investment Income$194,300$164,020$169,920
Distributable Amount$140,717$132,918$146,145

Giving Over Time

Total grant dollars and number of grants per year

$0$65K$131K$196K$261K64 grants202068 grants202188 grants202281 grants202385 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALLIED SERVICES FOUNDATION$15KFAIRVIEW HOSPITAL$15KCORNELL UNIVERSITY$10KJOINT DISTRIBUTION COMMI…$10KBERKSHIRE COUNTRY DAY SC…$8KGREAT BARRINGTON LAND CO…$5KBOSTON SYMPHONY ORCHESTRA$5KHEVREH OF SOUTHERN BERKS…$4KBERKSHIRE GROWN$3KBRIDGE$3K

Grant Size Distribution

250 grants across all recorded years

249<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Y Judd Shoval — President
  • Susan W Shoval — Treasurer

Both serve without compensation. The foundation is associated with the Shoval family's business background in insurance and community investment in Wilkes-Barre.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Y JUDD SHOVALPRESIDENT
SUSAN W SHOVALTREASURER

Contact Information

Address: 15 Public Square, Suite 504, Wilkes Barre, PA 18701-1704

Telephone: 570-825-9900

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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