The David S And Karen A Shapira Foundation
- Assets
- $2.8m
- Revenue
- $4.4m
- Investments
- $1.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 25-1711993
Organization Overview
The David S And Karen A Shapira Foundation is located in Pittsburgh, PA. The organization was established in 1998. 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. David S And Karen A Shapira Foundation 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 12/2023, David S And Karen A Shapira Foundation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $4.5m during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David S And Karen A Shapira Foundation has awarded 646 individual grants totaling $32,128,791. 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 |
|---|---|---|---|
David S Shapira Chairman | 20 | $0 | |
Cynthia Shapira President | 20 | $0 | |
Louis Plung Treasurer | 0.1 | $0 | |
Steve Halpern Treasurer | 0.1 | $0 | |
Deborah Shapira Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,400,446 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,445,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $157,186 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $19,495 |
| Interest | $0 |
| Taxes | $12,826 |
| Depreciation | $0 |
| Occupancy | $1,702 |
| Travel, conferences, and meetings | $9,660 |
| Printing and publications | $0 |
| Other expenses | $79,551 |
| Total operating and administrative expenses | $281,012 |
| Contributions, gifts, grants paid | $4,222,127 |
| Total expenses and disbursements | $4,503,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $1,548,539 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $14,531 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,277,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,238 |
| Total assets | $2,842,045 |
| Accounts payable and accrued expenses | $6,539 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,423 |
| Total liabilities | $13,962 |
Grants Awarded
Over the last fiscal year, The David S And Karen A Shapira Foundation has awarded $4,222,127 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
905 WESA PURPOSE: GENERAL OPERATING | $1,000 |
ACHIEVA PURPOSE: GENERAL OPERATING | $5,000 |
ALUMNI THEATER COMPANY PURPOSE: GENERAL OPERATING | $2,000 |
AMERICAN FRIENDS OF THE PERES INSTITUTE FOR PEACE PURPOSE: GENERAL OPERATING | $5,000 |
ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES PURPOSE: GENERAL OPERATING | $10,000 |
AMHERST COLLEGE PURPOSE: GENERAL OPERATING | $5,000 |