The Shannahley Foundation

Foundation · Grantmaker Avon, OH EIN: 22-3868725

The Shannahley Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Avon, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $408K in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $60K.

Key facts about The Shannahley Foundation

EIN: 22-3868725
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $44,500
Grants made (2024): 5
Average grant: $8,900
Median grant: $10,000
Total assets: $408,331
Primary geography: Ohio (67% of itemized 2024 grant dollars)

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

Who The Shannahley Foundation funds

By grant dollars, the top recipient states for The Shannahley Foundation's 5 itemized 2024 grants were Ohio (67%) and New York (33%). The most frequent recipient cities were Cleveland, OH (2 grants). None of its 5 grants with a stated purpose were described as general or operating support.

How The Shannahley Foundation gives

Giving fell 41% from 2021 to 2024. Method
In 2024 it paid out 85% 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.

Next steps with The Shannahley Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$408K

+3.8% YoY

Annual Giving

$45K

-72.8% YoY

Grant Count

-64.3% YoY

Avg Grant Size

$9K

-23.7% YoY

Under IRS private-foundation payout rules, The Shannahley Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About The Shannahley Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $30K (67%)

New York $15K (33%)

Share of all 5 itemized 2024 grant dollars.

States

Massachusetts New York Ohio

Cities

ClevelandNew YorkBronxBrooklynLakewoodValley ViewColumbia StationNorth AdamsRochester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$408,331	$393,553	$489,306
Revenue	$72,933	$82,928	$132,555
Expenses	$58,155	$178,681	$167,740
Qualifying Distributions	$44,500	$163,333	$152,500
Net Investment Income	$60,240	$69,229	$118,629
Distributable Amount	$52,218	$48,786	$53,315

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

48 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Trials for Hope ($20,000 across 2 grants), Friends of City Dogs Cleveland ($10,000), Lehman College ($7,500).

Recipient	Purpose	Amount
TRIALS FOR HOPE Cleveland, OH	POVERTY RELIEF	$10,000
FRIENDS OF CITY DOGS CLEVELAND Lakewood, OH	DOG RESCUE/SUPPORT	$10,000
TRIALS FOR HOPE Cleveland, OH	POVERTY RELIEF	$10,000
LEHMAN COLLEGE Bronx, NY	HERBERT H. LEHMAN COLLEGE FOUNDATION	$7,500
EDEN ALTERNATIVE Rochester, NY	ELDER SUPPORT	$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Jill Gerson Parker	Director	1	—
Jessica Schuster Parker-Olsen	Director	0.05	—
Robert Parker	Director	0.2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Shannahley Foundation?

The Shannahley Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Avon, OH. It holds $408K in total assets as of 2024.

How large is The Shannahley Foundation?

As of 2024, The Shannahley Foundation holds $408K in total assets with $73K in annual revenue. It awarded 5 grants totaling $45K in 2024.

Where does The Shannahley Foundation operate?

The Shannahley Foundation has awarded grants in Massachusetts, New York, Ohio.

What size grants does The Shannahley Foundation award?

In 2024, The Shannahley Foundation awarded 5 grants totaling $45K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is The Shannahley Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shannahley Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.