The Shearwater Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $57K. Net investment income was $48K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+7.5% YoY
Annual Giving
$57K
+1.8% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$19K
+69.6% YoY
Under IRS private-foundation payout rules, The Shearwater Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About The Shearwater Foundation
Based on IRS filings
The Shearwater Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $57K. Net investment income was $48K.
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 | $1,069,545 | $995,320 | $924,941 |
| Revenue | $57,475 | $29,590 | $29,709 |
| Expenses | $66,923 | $67,661 | $62,144 |
| Qualifying Distributions | $57,000 | $56,000 | $52,000 |
| Net Investment Income | $47,552 | $17,929 | $19,565 |
| Distributable Amount | $52,080 | $47,483 | $48,731 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Bird Conservancy ($25,000), Jocotoco Foundation ($20,000), Our Kids Inc ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN BIRD CONSERVANCY THE PLAINS, VA | GENERAL SUPPORT | $25,000 |
| JOCOTOCO FOUNDATION BALTIMORE, MD | GENERAL SUPPORT | $20,000 |
| OUR KIDS INC NASHVILLE, TN | GENERAL SUPPORT | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J MILTON HARRIS | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Shearwater Foundation?
The Shearwater Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTSVILLE, AL. It holds $1.1M in total assets as of 2024.
How large is The Shearwater Foundation?
As of 2024, The Shearwater Foundation holds $1.1M in total assets with $57K in annual revenue. It awarded 3 grants totaling $57K in 2024.
Where does The Shearwater Foundation operate?
The Shearwater Foundation has awarded grants in Alabama, Maryland, Tennessee, Virginia.
What size grants does The Shearwater Foundation award?
In 2024, The Shearwater Foundation awarded 3 grants totaling $57K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is The Shearwater Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shearwater Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Shearwater Foundation's EIN?
The Shearwater Foundation's EIN (Employer Identification Number) is 63-1280360. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Shearwater 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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