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.
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
Share of 2024 grant dollars across all 8 itemized grants.
Cities
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.
Grant Insights
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%).
Giving History
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 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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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