The Elizabeth O Shear Foundation
The Elizabeth O Shear Foundation is a private foundation established in 2000 and based in Somers Point, New Jersey. The foundation focuses on providing educational support through scholarship awards to high school graduates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+93.7% YoY
Annual Giving
$210K
-9.3% YoY
Grant Count
83
+0.0% YoY
Avg Grant Size
$3K
-9.3% YoY
Mission & Focus Areas
The foundation awards scholarships to graduating seniors from specific New Jersey high schools who meet academic criteria. The foundation specifically targets students from:
- Lacy Township High School
- Pinelands Regional High School
- Southern Regional High School
Eligible students must be in the top 25 percent of their class, maintain a minimum 3.0 GPA, and achieve a minimum 1,000 SAT score.
Grantmaking
Scholarships are awarded directly to the colleges and universities that the selected students attend.
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Geographic Focus
Where this funder awards grants
The foundation funds students from high schools in New Jersey, specifically targeting the Lacy Township, Pinelands Regional, and Southern Regional school districts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets (2023): $1,510,354
- Total giving (2023): $231,250
- IRS 501(c)(3) status
- EIN: 22-6803705
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,925,333 | $1,510,354 | $154,464 |
| Revenue | $1,372,374 | $1,574,793 | $195,128 |
| Expenses | $264,451 | $273,130 | $243,632 |
| Qualifying Distributions | $215,681 | $236,475 | $243,632 |
| Net Investment Income | $168,400 | $23,554 | $128 |
| Distributable Amount | — | — | — |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Alan S. Gerber – Trustee
- Barbara Freedman Gerber – Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN S GERBER | Trustee | 0.85 | $43,042 |
| BARBARA FREEDMAN GERBER | Secretary | 2.08 | $5,728 |
Contact Information
- Address: PO Box 605, Somers Point, NJ 08244-0605
- Telephone: 609-432-6045
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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