The Shank Foundation

Private foundation · Grantmaker Mansfield, OH EIN: 46-3867428

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.

Key facts about The Shank Foundation

In short: The Shank Foundation gave $180K across 8 grants in 2024 (avg $23K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
46-3867428
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$180,000
Grants made (2024)
8
Average grant
$22,500
Median grant
$24,000
Total assets
$3,607,663
Primary geography
Ohio (73% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+4.1% YoY

Annual Giving

$180K

+19.2% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$23K

-25.5% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

MansfieldMemphisTampaClevelandPerrysvillePlymouth

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2020 1 grant2021 1 grant2022 5 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $300 (2020) to $180K (2024). In 2024 it made 8 grants totaling $180K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

United Way of Richland County: $54KUnited Way of Richland County$54KSt Jude's Children's Hospital: $24KSt Jude's Children's Hospital$24KShriner's Hospital: $24KShriner's Hospital$24KRichland County Veteran's Services: $24KRichland County Veteran'sServices$24KBlue Rose Mission: $24KBlue Rose Mission$24KPleasant Hill Outdoor Camp: $15KPleasant Hill Outdoor Camp$15KRichland County Children's Auxiliar: $10KRichland County Children'sAuxiliar$10KGreater Cleveland Food Bank: $5KGreater Cleveland Food Bank$5K

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

14<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 16 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United Way of Richland County Mansfield, OHOperating Support$54,000
St Jude's Children's Hospital Memphis, TNOperating Support$24,000
Shriner's Hospital Tampa, FLOperating Support$24,000
Richland County Veteran's Services Mansfield, OHOperating Support$24,000
Blue Rose Mission Mansfield, OHOperating Support$24,000
Pleasant Hill Outdoor Camp Perrysville, OHOperating Support$15,000
Richland County Children's Auxiliar Mansfield, OHOperating Support$10,000
Greater Cleveland Food Bank Cleveland, OHOperating Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,607,663$3,464,510$3,288,121
Revenue$349,408$330,692$19,622
Expenses$206,255$154,303$5,905
Qualifying Distributions$180,000$151,200$1,000
Net Investment Income$104,857$144,559$18,528
Distributable Amount$209,676$178,407$150,070

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Shank Foundation is led by Dorothy Andress, Trustee on every filing since 2023 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Dorothy Andress

    Trustee

    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 September 2026. Sourced from IRS Form 990-PF filings.

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