The@william J Shaw Family Foundation Inc
- Assets
- $1.9m
- Revenue
- $87.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 11/2001
- Data as of
- 12/2023
- EIN
- 52-2177437
Organization Overview
The@william J Shaw Family Foundation Inc is located in Potomac, MD. The organization was established in 2001. 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. The@william J Shaw Family Foundation Inc 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, The@william J Shaw Family Foundation Inc generated $87.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $290.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, The@william J Shaw Family Foundation Inc has awarded 123 individual grants totaling $2,793,260. 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 |
|---|---|---|---|
William Shaw Preisdent & Treasurer | 0 | $0 | |
Jennifer Fosko Vice President | 0 | $0 | |
Amy Shaw Palumbo Vice President, Secretary | 0 | $0 | |
Karen Brown Sr. Vice President And COO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,268 |
| Capital Gain Net Income | $14,268 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,397 |
| Total Revenue | $87,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $13,781 |
| Contributions, gifts, grants paid | $276,469 |
| Total expenses and disbursements | $290,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,489 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,762,950 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,865,439 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The@william J Shaw Family Foundation Inc has awarded $276,469 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CONNELLY SCHOOL OF THE HOLY CHILD PURPOSE: GENERAL SUPPORT GRANT | $11,500 |
ALL ABOUT YOU ADOPTIONS PURPOSE: GENERAL SUPPORT GRANT | $50,000 |
DVS LEGAL SERVICES PURPOSE: GENERAL OPERATING FUND TO SUPPORT LEGAL SERVICES FOR DOMESTIC VIOLENCE SURVIVORS AND FAMILIES IN NEED. | $50,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL OPERATING FUND TO SUPPORT THE CURE FOR LEUKEMIA, LYMPHOMA, HODGKIN'S DISEASE AND MYELOMA, AND IMPROVE THE QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES. | $11,000 |
BULLIS SCHOOL INC PURPOSE: GENERAL OPERATING FUND TO SUPPORT A STUDENT-CENTERED BALANCED EXPERIENCE IN ACADEMICS, ARTS, ATHLETICS AND COMMUNITY SERVICE. | $10,000 |
CATHOLIC CHARITIES PURPOSE: GENERAL OPERATING FUND TO SUPPORT FAMILIES, CHILDREN AND ADULTS IN NEED OF HELP AND HOPE. | $5,000 |