The Shores Foundation

NEW YORK, NY EIN: 35-7159068

The Shores Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.2M in total assets. In 2024, it awarded 8 grants totaling $601K. Net investment income was $1.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.2M

+4.0% YoY

Annual Giving

$601K

-50.7% YoY

Grant Count

8

-33.3% YoY

Avg Grant Size

$75K

-26.0% YoY

Under IRS private-foundation payout rules, The Shores Foundation reported a distributable amount of $976K for 2024 — the minimum it must pay out in qualifying distributions.

About The Shores Foundation

Based on IRS filings

The Shores Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.2M in total assets. In 2024, it awarded 8 grants totaling $601K. Net investment income was $1.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

ArlingtonAustinBrooklynChicagoClifton ParkDurhamEdisonLos AngelesMiamiMiddletownNew YorkProvidenceSanta MonicaThousand OaksValencia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$863K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$17,237,876$16,581,691$16,950,965
Revenue$1,274,192$908,882$535,374
Expenses$718,007$1,277,406$840,090
Qualifying Distributions$606,062$1,222,484$728,250
Net Investment Income$1,168,691$829,558$449,038
Distributable Amount$975,517$882,323$911,335

Giving Over Time

Total grant dollars and number of grants per year

$0$305K$609K$914K$1M8 grants20204 grants20216 grants202212 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

TATE AMERICAS FOUNDATION$161KFRIENDS OF THE HIGH LINE$150KTHE CITY$150KVERA INSTITUTE OF JUSTICE$100KCARE INC$15KTHE PUBLIC THEATER$10KUNIVERSITY OF DURHAM$10KFRIENDS OF SEVA MANDIR$5K

Grant Size Distribution

38 grants across all recorded years

13<$50K10$50–100K13$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tate Americas Foundation ($161,000), Friends of the High Line ($150,000), The City ($150,000).

RecipientPurposeAmount
FRIENDS OF THE HIGH LINE NEW YORK, NYACHIEVE CHARITABLE PURPOSE$150,000
TATE AMERICAS FOUNDATION NEW YORK, NYACHIEVE CHARITABLE PURPOSE$161,000
THE CITY NEW YORK, NYACHIEVE CHARITABLE PURPOSE$150,000
THE PUBLIC THEATER NEW YORK, NYACHIEVE CHARITABLE PURPOSE$10,000
FRIENDS OF SEVA MANDIR EDISON, NJACHIEVE CHARITABLE PURPOSE$5,000
CARE INC MIAMI, FLACHIEVE CHARITABLE PURPOSE$15,000
UNIVERSITY OF DURHAM DURHAM, NCACHIEVE CHARITABLE PURPOSE$10,000
VERA INSTITUTE OF JUSTICE BROOKLYN, NYACHIEVE CHARITABLE PURPOSE$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL L RYANTRUSTEE2
ELIZABETH JAMIE ALTERTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Shores Foundation?

The Shores Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $17.2M in total assets as of 2024.

How large is The Shores Foundation?

As of 2024, The Shores Foundation holds $17.2M in total assets with $1.3M in annual revenue. It awarded 8 grants totaling $601K in 2024.

Where does The Shores Foundation operate?

The Shores Foundation has awarded grants in California, Connecticut, Florida, Illinois, North Carolina, New Jersey, New York, Rhode Island, Texas, Virginia.

What size grants does The Shores Foundation award?

In 2024, The Shores Foundation awarded 8 grants totaling $601K — an average of about $75K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shores Foundation reported a distributable amount of $976K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shores Foundation's EIN?

The Shores Foundation's EIN (Employer Identification Number) is 35-7159068. IRS Form 990 filing data is available on this page for 2020–2024.

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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