The Shyft Group Foundation

Foundation · Grantmaker Novi, MI EIN: 26-2791453

The Shyft Group Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Novi, MI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 5 grants totaling $242K. Net investment income was $99.

Key facts about The Shyft Group Foundation

EIN
26-2791453
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$242,112
Grants made (2023)
5
Average grant
$48,422
Median grant
$2,500
Primary geography
Ohio (96% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Who The Shyft Group Foundation funds

By grant dollars, the top recipient states for The Shyft Group Foundation's 5 itemized 2023 grants were Ohio (96%). The most frequent recipient cities were Charlotte, MI (3 grants). 100% of grants with a stated purpose were for general or operating support.

How The Shyft Group Foundation gives

  • Giving held roughly steady from 2020 to 2023 (+2%). Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$242K

+290.5% YoY

Grant Count

5

-66.7% YoY

Avg Grant Size

$48K

+1071.5% YoY

Under IRS private-foundation payout rules, The Shyft Group Foundation reported a distributable amount of $10K for 2023 — the minimum it must pay out in qualifying distributions.

About The Shyft Group Foundation

Based on IRS filings

The Shyft Group Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Novi, MI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 5 grants totaling $242K. Net investment income was $99.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 5 itemized 2023 grant dollars.

Cities

CharlotteLansingGrand RapidsMasonMount PleasantUniversity CenterWatervilleAlexandriaAllendaleCincinnatiDetroitEast LansingEaton RapidsNew UlmOlivetSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$133K$200K$266K2020202120222023
Metric202320222021
Total Assets—$242,013$303,876
Revenue$99$138$203,986
Expenses$242,112$62,001$19,130
Qualifying Distributions$242,112$62,000$19,063
Net Investment Income$99$138$62
Distributable Amount$10,235$13,660$9,941

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$121K$182K$242K22 grants20207 grants202115 grants20225 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2023

Fidelity Charitable Gift Fund: $234KFidelity Charitable Gift Fund$234KCharlotte Frontier Days: $3KCharlotte Frontier Days$3KCharlotte Performing Arts Center: $3KCharlotte Performing ArtsCenter$3KEaton County Siren Shelter: $3KEaton County Siren Shelter$3KRonald McDonald House: $1KRonald McDonald House$1K

Grant Size Distribution

49 grants across all recorded years

47<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include Fidelity Charitable Gift Fund ($233,612), Charlotte Frontier Days ($2,500), Charlotte Performing Arts Center ($2,500).

RecipientPurposeAmount
FIDELITY CHARITABLE GIFT FUND Cincinnati, OHGENERAL SUPPORT$233,612
CHARLOTTE FRONTIER DAYS Charlotte, MIGENERAL SUPPORT$2,500
CHARLOTTE PERFORMING ARTS CENTER Charlotte, MIGENERAL SUPPORT$2,500
EATON COUNTY SIREN SHELTER Charlotte, MIGENERAL SUPPORT$2,500
RONALD MCDONALD HOUSE Lansing, MIGENERAL SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2023 IRS filing

NameTitleHoursCompensation
Joshua SherbinPresident1—
Jon DouyardDirector1—
Dolores ClementsSecretary1—
Steve GuillaumeDirector1—
Colin HindmanDirector1—
Tom SiskDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Shyft Group Foundation?

The Shyft Group Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Novi, MI. It holds — in total assets as of 2023.

Where does The Shyft Group Foundation operate?

The Shyft Group Foundation has awarded grants in Maine, Michigan, Minnesota, Missouri, Ohio, Virginia.

What size grants does The Shyft Group Foundation award?

In 2023, The Shyft Group Foundation awarded 5 grants totaling $242K — an average of about $48K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Shyft Group Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shyft Group Foundation's EIN?

The Shyft Group Foundation's EIN (Employer Identification Number) is 26-2791453. IRS Form 990 filing data is available on this page for 2020–2023.

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

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