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
Under IRS private-foundation payout rules, Shoval Foundation reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Allied Services Foundation ($15,000), Fairview Hospital ($15,000), Cornell University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 70 FACES MEDIA INC NEW YORK, NY | UNRESTRICTED | $36 |
| ALLIED SERVICES FOUNDATION CLARKS SUMMIT, PA | UNRESTRICTED | $15,000 |
| ALLIED SERVICES INTEGRATED HEALTH SYSTEM CLARKS SUMMIT, PA | UNRESTRICTED | $1,000 |
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | UNRESTRICTED | $1,000 |
| APPALACHAIN MOUNTAIN CLUB BOSTON, MA | UNRESTRICTED | $275 |
| APPALACHAIN TRAIL CONSERVANCY HARPERS FERRY, WV | UNRESTRICTED | $275 |
| ARISE FOR SOCIAL JUSTICE SPRINGFIELD, MA | UNRESTRICTED | $1,000 |
| BARRINGTON STAGE COMPANY PITTSFIELD, MA | UNRESTRICTED | $1,000 |
| BERKSHIRE BOTANICAL GARDEN STOCKBRIDGE, MA | UNRESTRICTED | $100 |
| BERKSHIRE COUNTRY DAY SCHOOL LENOX, MA | UNRESTRICTED | $7,500 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Y JUDD SHOVAL | PRESIDENT | — | — |
| SUSAN W SHOVAL | TREASURER | — | — |
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
Frequently Asked Questions
What does Shoval Foundation fund?
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
How do I apply for a grant from Shoval Foundation?
The Shoval Foundation makes unrestricted grants to a diverse range of organizations. Recent grantmaking activity includes: • **Grant volume**: Made 61 grants in 2023 and 88 grants in recent years • **Typical grant sizes**: Range from $1,000 to $55,000, with median grants around $1,000 and average grants around $3,000-$9,000 • **Recent grantees** (2023): Jewish Federation of the Berkshires ($14,108), Medical Oncology Associates Prescription Assistance Fund ($10,000), and Berkshire Country Day Sc…
Where does Shoval Foundation make 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.
What size grants does Shoval Foundation award?
In 2024, Shoval Foundation awarded 85 grants totaling $151K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Shoval Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shoval Foundation reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shoval Foundation's EIN?
Shoval Foundation's EIN (Employer Identification Number) is 23-3024646. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shoval Foundation's focus areas in our free grants database
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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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