The Shank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About The Shank Foundation
Based on IRS filings
The Shank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Richland County ($54,000), St Jude's Children's Hospital ($24,000), Shriner's Hospital ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| UNITED WAY OF RICHLAND COUNTY MANSFIELD, OH | OPERATING SUPPORT | $54,000 |
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOROTHY ANDRESS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Shank Foundation?
The Shank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANSFIELD, OH. It holds $3.6M in total assets as of 2024.
How large is The Shank Foundation?
As of 2024, The Shank Foundation holds $3.6M in total assets with $349K in annual revenue. It awarded 8 grants totaling $180K in 2024.
Where does The Shank Foundation operate?
The Shank Foundation has awarded grants in Florida, Ohio, Tennessee.
What size grants does The Shank Foundation award?
In 2024, The Shank Foundation awarded 8 grants totaling $180K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is The Shank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shank Foundation reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Shank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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