The Shelly Family Foundation

IRVINE, CA EIN: 88-2231359

The Shelly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 4 grants totaling $83K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

-46.3% YoY

Annual Giving

$83K

+514.8% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$21K

+361.1% YoY

Under IRS private-foundation payout rules, The Shelly Family Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About The Shelly Family Foundation

Based on IRS filings

The Shelly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 4 grants totaling $83K. Net investment income was $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Costa MesaIrvineLaguna BeachPeoaSanta Ana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$69K$138K$206K$275K202220232024
Metric202420232022
Total Assets$95,190$177,154$190,654
Revenue$1,061$250,000
Expenses$83,025$13,500$59,346
Qualifying Distributions$83,000$13,500$59,346
Net Investment Income$1,061
Distributable Amount$6,939$9,311$1,172

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$42K$62K$83K2 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ORANGE COUNTY MUSEUM OF …$75KNUZZLES AND CO$5KORANGE COUNTY COMMUNITY …$3KCREATIVITY LAB$500

Grant Size Distribution

9 grants across all recorded years

7<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Orange County Museum of Art ($75,000), Nuzzles and Co ($5,000), Orange County Community Foundation ($2,500).

RecipientPurposeAmount
CREATIVITY LAB SANTA ANA, CACHILDHOOD EDUCATION FOR AT-RISK YOUTH$500
NUZZLES AND CO PEOA, UTGENERAL FUNDRAISING$5,000
ORANGE COUNTY COMMUNITY FOUNDATION IRVINE, CAEDUCATION SCHOLARSHIP$2,500
ORANGE COUNTY MUSEUM OF ART COSTA MESA, CASUPPORT OF VISUAL ARTS IN OUR COMMUNITY$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAMON SHELLYPRESIDENT & CEO1
KARYN SHELLYSECRETARY & CFO1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Shelly Family Foundation?

The Shelly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. It holds $95K in total assets as of 2024.

How large is The Shelly Family Foundation?

As of 2024, The Shelly Family Foundation holds $95K in total assets with $1K in annual revenue. It awarded 4 grants totaling $83K in 2024.

Where does The Shelly Family Foundation operate?

The Shelly Family Foundation has awarded grants in California, Utah.

What size grants does The Shelly Family Foundation award?

In 2024, The Shelly Family Foundation awarded 4 grants totaling $83K — an average of about $21K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shelly Family Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shelly Family Foundation's EIN?

The Shelly Family Foundation's EIN (Employer Identification Number) is 88-2231359. IRS Form 990 filing data is available on this page for 2022–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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