Nonprofit · EIN 04-3541595
SHAPIRO FOUNDATION
Tax-exempt · NEEDHAM, MA 02494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $7,022,439 | $8,385,011 | -$1,362,572 | $123,741,333 | $6,914 | $123,734,419 |
| December 31, 2023 | 990-PF | $4,643,401 | $14,611,542 | -$9,968,141 | $125,082,465 | $23,346 | $125,059,119 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $355,141
- Interest
- $1,049,108
- Net gain from sales of assets
- $6,359,114
- Other income
- -$740,924
Expenses
- Grants and similar amounts paid
- $5,181,775
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $582,000
- Disbursements for charitable purposes
- $6,652,722
- Excise tax on investment income
- $73,595
Balance sheet and other
- Total assets, start of year
- $125,082,465
- Total assets, end of year
- $123,741,333
- Total liabilities, end of year
- $6,914
- Net assets, end of year
- $123,734,419
- Fair market value of assets
- $139,084,513
- Qualifying distributions
- $6,652,722
- Net investment income
- $7,026,897
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAWRENCE L TOBIN 197 FIRST AVENUE SUITE 300, NEEDHAM, MA 02494 | FDTN DIRECTOR Highest-paid employee | 40 | $352,000 | $46,000 |
| KAYLA W ROWE 197 FIRST AVENUE SUITE 300, NEEDHAM, MA 02494 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $230,000 | $23,000 |
| EDWARD L SHAPIRO 197 FIRST AVENUE SUITE 300, NEEDHAM, MA 02494 | TRUSTEE | 30 | $0 | $0 |
| BARBARA J SHAPIRO 197 FIRST AVENUE SUITE 300, NEEDHAM, MA 02494 | TRUSTEE | 5 | $0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAWRENCE L TOBIN 339 CHESTNUT STREET UNIT 2, NEEDHAM, MA 02492 | FDTN DIRECTOR Highest-paid employee | 40 | $339,000 | $43,500 |
| KAYLA W ROWE 339 CHESTNUT STREET UNIT 2, NEEDHAM, MA 02492 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $190,000 | $22,500 |
| EDWARD L SHAPIRO 339 CHESTNUT STREET UNIT 2, NEEDHAM, MA 02492 | TRUSTEE | 30 | $0 | $0 |
| BARBARA J SHAPIRO 339 CHESTNUT STREET UNIT 2, NEEDHAM, MA 02492 | TRUSTEE | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 197 FIRST AVENUE, NEEDHAM, MA 02494-2816
- In care of
- % ESMOND & ASSOCIATES INC
- Signed the 990-PF
- EDWARD SHAPIRO, TRUSTEE
- Phone
- (818) 610-2900
- Website
- WWW.THESHAPIROFOUNDATION.ORG
- Return prepared by
- ESMOND & ASSOCIATES INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 04-3541595
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $123,741,333
- Income (IRS master file)
- $25,910,035
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $7,022,439 | $8,385,011 | $123,741,333 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $4,643,401 | $14,611,542 | $125,082,465 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3541595).
Questions about SHAPIRO FOUNDATION
- What is the EIN of SHAPIRO FOUNDATION?
- The employer identification number (EIN) of SHAPIRO FOUNDATION is 04-3541595.
- Is SHAPIRO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to SHAPIRO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHAPIRO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHAPIRO FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHAPIRO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SHAPIRO FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $352,000 (LAWRENCE L TOBIN, FDTN DIRECTOR).
- How much revenue does SHAPIRO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,022,439, expenses of $8,385,011 and total assets of $123,741,333 at year end.
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