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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDS OF THE HIGH LINE NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $150,000 |
| TATE AMERICAS FOUNDATION NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $161,000 |
| THE CITY NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $150,000 |
| THE PUBLIC THEATER NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $10,000 |
| FRIENDS OF SEVA MANDIR EDISON, NJ | ACHIEVE CHARITABLE PURPOSE | $5,000 |
| CARE INC MIAMI, FL | ACHIEVE CHARITABLE PURPOSE | $15,000 |
| UNIVERSITY OF DURHAM DURHAM, NC | ACHIEVE CHARITABLE PURPOSE | $10,000 |
| VERA INSTITUTE OF JUSTICE BROOKLYN, NY | ACHIEVE CHARITABLE PURPOSE | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL L RYAN | TRUSTEE | 2 | — |
| ELIZABETH JAMIE ALTER | TRUSTEE | 2 | — |
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
Browse active grant opportunities in The Shores 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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