The Shank Foundation
The Shank Foundation is a private foundation, based in Mansfield, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 8 grants totaling $180K. Net investment income was $105K.
The Shank Foundation at a glance
In short: The Shank Foundation gave $180K across 8 grants in 2024 (avg $23K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $180,000
- +19.2% vs 2023
- Grants made (2024)
- 8
- +60.0% vs 2023
- Average grant
- $22,500
- -25.5% vs 2023
- Median grant
- $24,000
- Total assets
- $3,607,663
- +4.1% vs 2023
- Primary geography
- Ohio (73% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Shank Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was United Way of Richland County ($54K). Together the top 8 received $180K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 14 grants of 16 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How The Shank Foundation gives
- Giving grew 17900% from 2021 to 2024. Method
- In 2024 it paid out 86% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $300 (2020) to $180K (2024). In 2024 it made 8 grants totaling $180K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Richland County Mansfield, OH | Operating Support | $54,000 |
| St Jude's Children's Hospital Memphis, TN | Operating Support | $24,000 |
| Shriner's Hospital Tampa, FL | Operating Support | $24,000 |
| Richland County Veteran's Services Mansfield, OH | Operating Support | $24,000 |
| Blue Rose Mission Mansfield, OH | Operating Support | $24,000 |
| Pleasant Hill Outdoor Camp Perrysville, OH | Operating Support | $15,000 |
| Richland County Children's Auxiliar Mansfield, OH | Operating Support | $10,000 |
| Greater Cleveland Food Bank Cleveland, OH | Operating Support | $5,000 |
Ready to take the next step with The Shank Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,607,663 | $349,408 | $206,255 | $180,000 | 8 | $180,000 | $104,857 | $209,676 |
| 2023 | $3,464,510 | $330,692 | $154,303 | $151,000 | 5 | $151,200 | $144,559 | $178,407 |
| 2022 | $3,288,121 | $19,622 | $5,905 | $1,000 | 1 | $1,000 | $18,528 | $150,070 |
| 2021 | $167,843 | $159,868 | $1,000 | $1,000 | 1 | $1,000 | — | $690 |
| 2020 | $8,975 | $1,000 | $300 | $300 | 1 | — | — | $407 |
Under IRS private-foundation payout rules, The Shank Foundation reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Shank Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dorothy Andress
Trustee
On filings since 2021
No compensation reported
Karl Milliron
Officer
On filings since 2023
No compensation reported
Former officers (1)
- Former: Roger E. Shank Officer (2020) — Officer
Data from IRS Form 990 filings, 2020–2024. "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 The Shank Foundation
How much does The Shank Foundation give each year?
The Shank Foundation gave $180K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $151K across 5 grants.
What is The Shank Foundation's typical grant size?
The Shank Foundation's median grant in 2024 was $24,000, and its average grant was $22,500, across 8 grants on its 2024 IRS Form 990-PF.
Where does The Shank Foundation give grants?
The Shank Foundation gives mostly in Ohio: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (13%) and Florida (13%). The most frequent recipient cities were Mansfield, OH (4 grants).
Does The Shank Foundation give general operating support?
Yes: 100% of The Shank Foundation's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Shank Foundation's largest grantees?
The Shank Foundation's largest 2024 grantees include United Way of Richland County ($54,000), St Jude's Children's Hospital ($24,000) and Shriner's Hospital ($24,000), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.
How large is The Shank Foundation?
The Shank Foundation reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $180K in qualifying distributions that year, against a required minimum of $210K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Shank Foundation's EIN?
The Shank Foundation's EIN (Employer Identification Number) is 46-3867428. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 4, 2021)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Shank Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Shank Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Ohio
Richland County Foundation
Mansfield, OH
The Richland County Foundation funds charitable programs that improve quality of life in Richland County, Ohio, across areas including community development, health and human services, education, arts and culture, and the environment. Its 2024 itemized grants ranged from $5,090 to $1,207,462, with a median of $15,500; applicants are advised to arrange an initial meeting before applying.
Assets
$228.4M
Grants
93
Total Given
$7.1M
Firstenergy Foundation
Akron, OH
The FirstEnergy Foundation supports eligible nonprofits working on community needs such as housing stability, hunger relief, workforce development, education, safety and STEM in FirstEnergy’s service area and other places where it does business. Its 2024 grants ranged from $25 to $5.3 million, with a median of $1,375. It does not accept unsolicited grant applications.
Assets
$124.9M
Grants
151
Total Given
$7.2M
The Robert and Esther Black Family Foundation
Pittsburgh, PA
The foundation primarily funds contemporary art music, education, and career development, with particular interest in projects involving the double bass and the legacies of Robert Black and James Sellars; its 2025 grants went mainly to Ohio, with others in New York and Michigan. Grants ranged from $4,000 to $167,000, with a median of $16,334. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$14.7M
Grants
52
Total Given
$1.3M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
The Westfield Insurance Foundation
Westfield, OH
The Westfield Insurance Foundation funds nonprofits focused on family stability, disaster recovery, and safety, with emphasis on addressing barriers related to systemic racism. Its 2024 grants ranged from $26 to $500,000, with a median of $3,000; most funding went to Ohio, with support also reaching organizations elsewhere. It accepts requests electronically at any time and does not limit giving to preselected organizations.
Assets
$35.6M
Grants
287
Total Given
$2.7M
Lumen Clarke M Williams Foundation
Wilmington, DE
The foundation supports employee giving and volunteer programs, as well as K–12 classroom technology through its Teachers and Technology program. That program offers grants of up to $5,000 to eligible schools in 10 states; 2024 giving had a median grant of $6,110 and was concentrated in Delaware. It generally funds preselected organizations and does not accept unsolicited requests, though eligible teachers could apply for the announced Teachers and Technology round.
Assets
$12.1M
Grants
4
Total Given
$971K
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Shank Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Shank Foundation down — hundreds of funders to go?