Shanahan Family Charitablefoundation
- Assets
- $382.2m
- Revenue
- $13.7m
- Investments
- $375.4m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-7267377
Organization Overview
Shanahan Family Charitablefoundation is located in Pasadena, CA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shanahan Family Charitablefoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Shanahan Family Charitablefoundation generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $31.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shanahan Family Charitablefoundation has awarded 211 individual grants totaling $73,115,453. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Michael Shanahan Trustee | 1 | $0 | |
Capital Bank Trust Company Trustee | 1 | $51,131 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Philanthropy Ltd | 12/30/22 | $706,295 |
Rockefeller Philanthropy Advisors | 12/30/22 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,386,306 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,310,915 |
| Capital Gain Net Income | $3,310,915 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $214 |
| Total Revenue | $13,697,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $379,012 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $83,585 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $46,427 |
| Total operating and administrative expenses | $2,333,929 |
| Contributions, gifts, grants paid | $29,011,990 |
| Total expenses and disbursements | $31,345,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,555,499 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $2,794,316 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $313,218,514 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $456,069 |
| Total assets | $382,158,548 |
| Accounts payable and accrued expenses | $347,984 |
| Grants payable | $31,165,494 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,000 |
| Total liabilities | $31,529,478 |
Grants Awarded
Over the last fiscal year, Shanahan Family Charitablefoundation has awarded $35,993,945 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
THE LAM FOUNDATION PURPOSE: GENERAL PURPOSE | $10,000 |
CRADLES TO CRAYONS PURPOSE: GENERAL PURPOSE | $10,000 |
THE EPISCOPAL ACADEMY PURPOSE: GENERAL PURPOSE | $175,027 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: GENERAL PURPOSE | $75,000 |
COMMUNITY BACKSTOP PURPOSE: GENERAL PURPOSE | $50,000 |
CORA SERVICES INC PURPOSE: GENERAL PURPOSE | $100,000 |