Shanahan Family Charitablefoundation
- Assets
- $474.4m
- Revenue
- $5.0m
- Investments
- $66.1m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 05/2007
- Data as of
- 12/2021
- 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 12/2021, Shanahan Family Charitablefoundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $26.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shanahan Family Charitablefoundation has awarded 145 individual grants totaling $37,121,508. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Capital Bank Trust Company Trustee | 1 | $51,131 | |
Robert Michael Shanahan Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Philanthropy Ltd | 12/30/21 | $314,190 |
Rockefeller Philanthropy Advisors | 12/30/21 | $203,562 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,397,671 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,640,508 |
| Capital Gain Net Income | $3,640,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,368 |
| Total Revenue | $5,045,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $67,093 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $446,845 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,896 |
| Total operating and administrative expenses | $1,348,317 |
| Contributions, gifts, grants paid | $24,958,007 |
| Total expenses and disbursements | $26,306,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $694,434 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $407,183,120 |
| 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 | $34,385,306 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $428,222 |
| Total assets | $474,422,660 |
| Accounts payable and accrued expenses | $82,732 |
| Grants payable | $21,815,115 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $130,000 |
| Total liabilities | $22,027,847 |
Grants Awarded
Over the last fiscal year, Shanahan Family Charitablefoundation has awarded $26,409,826 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: GENERAL PURPOSE | $8,020,578 |
New York, NY PURPOSE: GENERAL PURPOSE | $5,000,000 |
Philadelphia, PA PURPOSE: GENERAL PURPOSE | $4,600,000 |
STANFORD UNIVERSITY PURPOSE: GENERAL PURPOSE | $1,400,000 |
Seattle, WA PURPOSE: GENERAL PURPOSE | $1,089,377 |
Claremont, CA PURPOSE: GENERAL PURPOSE | $1,005,463 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |