The Shepard Broad Foundation Inc
The Shepard Broad Foundation Inc is a private foundation based in Wilmington, Delaware. In its 2025 filing, it reported making 111 grants totaling $1,138,560 to charitable organizations.
The Shepard Broad Foundation Inc at a glance
In short: The Shepard Broad Foundation Inc gave $1.1M across 111 grants in 2025 (avg $10K), mostly in Florida. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,138,560
- +13.0% vs 2024
- Grants made (2025)
- 111
- +8.8% vs 2024
- Average grant
- $10,257
- +3.9% vs 2024
- Median grant
- $6,000
- Total assets
- $25,764,103
- +7.6% vs 2024
- New grantees (estimate)
- 25% first-time grantees (19 of 75, 2025)
- Primary geography
- Florida (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Shepard Broad Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Shepard Broad Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Ref Asst Ally Inc ($75K across 4 grants). Together the top 10 received $485K.
Organizations only. It also paid 2 grants to individuals ($51,000), which are not listed by name.
Grant Size Distribution
487 grants across all recorded years
The most common grant size was under $50K: 471 grants of 487 (97%).
Geographic Focus
Where this funder awards grants
In 2025, Florida organizations received 50% of grant dollars, followed by California at 11%, New York at 8%, and North Carolina and Connecticut at 7% each.
Grant Distribution by State
Share of 2025 grant dollars across all 111 itemized grants.
States
Cities
Is The Shepard Broad Foundation Inc open to new grantees?
25%
first-time grantees, 2025
In 2025, 19 of 75 grantees (25%) were first-time recipients. First grants averaged $11K; repeat grants $14K. How we count
Medians: $5K first-time, $7K repeat.
- 73% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $871K (2021) to $1.1M (2025). In 2025 it made 111 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Branches Inc Miami, FL | ID program | $50,000 |
| 1 individual scholarship Recipients not named | — | $50,000 |
| JCS S FL North Miami, FL | Case Management | $40,000 |
| So FL PMG Inc Miami, FL | Impact Fund | $40,000 |
| Don Adv Char Giv Omaha, NE | Funding Daniel J. Bussel & Raquelle de la Rocha Do Donor Advised Fund Acct No. 4235-4523 | $35,000 |
| We Ct Inc Florida City, FL | Sembrando Justicia Campaign | $30,000 |
| AJC New York, NY | General Support | $25,000 |
| Duke U Durham, NC | to fund the Ann B. Bussel Grant to be awarded by T Sherwood, Duke University Department of Biology | $25,000 |
| Hillel the Fdn for Jwh Camp Life Los Angeles, CA | 2026 Fact Finding Journey (Perspectives Trip) for UCLA Student Leaders and Israel Learning Fellowships | $25,000 |
| Ref Asst Ally Inc Coral Gables, FL | General Support | $25,000 |
Ready to take the next step with The Shepard Broad Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $25,764,103 | $3,343,421 | $1,530,459 | $1,138,560 | 111 | $1,362,905 | $3,218,972 | $1,703,169 |
| 2024 | $23,951,141 | $1,478,457 | $1,342,227 | $1,007,150 | 102 | $1,199,298 | $1,358,364 | $1,607,049 |
| 2023 | $23,814,911 | $1,242,889 | $1,353,613 | $1,030,187 | 93 | $1,235,274 | $1,138,468 | $1,421,311 |
| 2022 | $23,925,635 | $1,513,960 | $1,431,921 | $1,099,333 | 107 | $1,296,228 | $1,406,267 | $1,416,067 |
| 2021 | $23,843,596 | $3,866,332 | $1,284,499 | $871,475 | 74 | $1,109,665 | $2,372,277 | $1,591,040 |
| 2020 | $21,261,763 | $2,860,201 | $1,339,945 | $1,028,181 | 98 | — | $1,394,756 | $1,243,679 |
Under IRS private-foundation payout rules, The Shepard Broad Foundation Inc reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include a scholarship, education outreach, case management, general support, and theatrical productions. GableStage Inc, a 2025 grantee, describes its own mission as providing South Florida with classical, contemporary, and new theatrical productions and engaging audiences with productions that entertain and explore current issues and ideas.
Grantmaking
In 2025, the foundation made 111 grants totaling $1,138,560. Awards ranged from $500 to $50,000, with a median grant of $6,000.
Among the largest listed grants were $50,000 to Branches Inc for an ID program and $50,000 to Loomis Institute for a scholarship. Other grants included $40,000 to JCS S FL for case management; $40,000 to So FL PMG Inc for an impact fund; $30,000 to We Ct Inc for the Sembrando Justicia Campaign; and $25,000 each to AJC for general support, Duke University for the Ann B. Bussel Grant, Hillel the Fdn for Jwh Camp Life for a UCLA student leaders trip and Israel learning fellowships, Ref Asst Ally Inc for general support, and Zoo MIA Fdn Inc for education outreach. GableStage Inc received $10,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Karen Berman as director and treasurer; Ann B Bussel as director and chairperson; Daniel J Bussel as director and secretary; Deborah Bussel as director and president; and John M Bussel as director and vice president.
The Shepard Broad Foundation Inc is led by Deborah Bussel, Director & President on every filing since 2020; 2 of 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Deborah Bussel
Director & President
On filings since 2020
10 hrs/week
No compensation reported
Ann B Bussel
Director & Chairperson
On filings since 2020
1 hr/week
No compensation reported
Daniel J Bussel
Director & Secretary
On filings since 2020
1 hr/week
$8K (2020) → $3K (2025)
Karen Berman
Director & Treasurer
On filings since 2020
1 hr/week
$8K (2020) → $3K (2025)
John M Bussel
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $3K, to Karen Berman (Dir, Treas). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Shepard Broad Foundation Inc
How much does The Shepard Broad Foundation Inc give each year?
The Shepard Broad Foundation Inc gave $1.1M across 111 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 102 grants.
What is The Shepard Broad Foundation Inc's typical grant size?
The Shepard Broad Foundation Inc's median grant in 2025 was $6,000, and its average grant was $10,257, across 111 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Shepard Broad Foundation Inc that year got $11K on average.
Where does The Shepard Broad Foundation Inc give grants?
The Shepard Broad Foundation Inc gives mostly in Florida: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (11%) and New York (8%). The most frequent recipient cities were Miami, FL (16 grants), Durham, NC (10 grants), Los Angeles, CA (8 grants) and New York, NY (7 grants).
Does The Shepard Broad Foundation Inc give general operating support?
Yes: 43% of The Shepard Broad Foundation Inc's 2025 grants with a stated purpose (48 of 111) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarships" (3 grants) and "Book Fair" (3 grants).
Who are The Shepard Broad Foundation Inc's largest grantees?
The Shepard Broad Foundation Inc's largest 2025 grantees include Ref Asst Ally Inc ($75,000 across 4 grants), Duke U ($55,000 across 4 grants) and Branches Inc ($50,000), according to its 2025 IRS Form 990-PF. It also paid 2 grants to individuals ($51,000), which are not listed by name. Together they received 16% of its itemized 2025 grant dollars.
How large is The Shepard Broad Foundation Inc?
The Shepard Broad Foundation Inc reported $25.8M in total assets on its 2025 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.7M (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 does The Shepard Broad Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants include a scholarship, education outreach, case management, general support, and theatrical productions. See mission & focus areas ↑
How do I apply for a grant from The Shepard Broad Foundation Inc?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Shepard Broad Foundation Inc's EIN?
The Shepard Broad Foundation Inc's EIN (Employer Identification Number) is 59-0998866. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Shepard Broad Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
Explore Open Grants
Browse active grant opportunities in The Shepard Broad Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). The Shepard Broad Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-shepard-broad-foundation-inc-morg_aeef032221f44bbc8842a93027d89c7b
BibTeX
@misc{grantable_590998866_2026,
author = {{Grantable}},
title = {{The Shepard Broad Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-shepard-broad-foundation-inc-morg_aeef032221f44bbc8842a93027d89c7b},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Shepard Broad Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Shepard Broad Foundation Inc down — hundreds of funders to go?