Walt and Rowena Shaw Foundation

BIRMINGHAM, AL EIN: 87-2407515

Walt and Rowena Shaw Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 2 grants totaling $101K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29K

+44.0% YoY

Annual Giving

$101K

Grant Count

2

Avg Grant Size

$51K

Under IRS private-foundation payout rules, Walt and Rowena Shaw Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Walt and Rowena Shaw Foundation

Based on IRS filings

Walt and Rowena Shaw Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 2 grants totaling $101K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Birmingham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$61K$91K$121K2021202220232024
Metric202420232022
Total Assets$28,641$19,896
Revenue$110,000$20,000
Expenses$101,255$104
Qualifying Distributions$101,200
Net Investment Income
Distributable Amount$1,179$982

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$51K$76K$101K0 grants20210 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

REICHMAN UNIVERSITY$100KMULTIPLY MINISTRIES INC$1K

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$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 Reichman University ($100,000), Multiply Ministries Inc ($1,200).

RecipientPurposeAmount
REICHMAN UNIVERSITY SCHOLARSHIP FOR RESEARCH PROGRAM$100,000
MULTIPLY MINISTRIES INC BIRMINGHAM, ALGENERAL SUPPORT FOR PROGRAMS$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WALTER SHAWPRESIDENT
ROWENA SHAWVICE PRESIDENT AND SECRETARY
JOSHUA REIDINGER THRU 122024TREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Walt and Rowena Shaw Foundation?

Walt and Rowena Shaw Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $29K in total assets as of 2024.

How large is Walt and Rowena Shaw Foundation?

As of 2024, Walt and Rowena Shaw Foundation holds $29K in total assets with $110K in annual revenue. It awarded 2 grants totaling $101K in 2024.

Where does Walt and Rowena Shaw Foundation operate?

Walt and Rowena Shaw Foundation has awarded grants in Alabama.

What size grants does Walt and Rowena Shaw Foundation award?

In 2024, Walt and Rowena Shaw Foundation awarded 2 grants totaling $101K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Walt and Rowena Shaw Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walt and Rowena Shaw Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walt and Rowena Shaw Foundation's EIN?

Walt and Rowena Shaw Foundation's EIN (Employer Identification Number) is 87-2407515. IRS Form 990 filing data is available on this page for 2021–2024.

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

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