Nonprofit · EIN 23-7015570
SHIPLEY FOUNDATION INC
Also known as 0732594
Tax-exempt · BOSTON, MA 02205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $13,659,454 | $11,640,956 | $2,018,498 | $159,579,193 | $0 | $159,579,193 |
| December 31, 2023 | 990-PF | $10,387,848 | $12,190,751 | -$1,802,903 | $157,560,695 | $0 | $157,560,695 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $192,697
- Dividends
- $3,148,627
- Interest
- $55,332
- Net gain from sales of assets
- $9,977,050
- Other income
- $285,748
Expenses
- Grants and similar amounts paid
- $9,977,586
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $10,372,700
- Excise tax on investment income
- $170,358
Balance sheet and other
- Total assets, start of year
- $157,560,695
- Total assets, end of year
- $159,579,193
- Total liabilities, end of year
- $0
- Net assets, end of year
- $159,579,193
- Fair market value of assets
- $238,076,940
- Qualifying distributions
- $10,372,700
- Net investment income
- $13,474,228
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 |
|---|---|---|---|
| RICHARD C SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | PRESIDENT | 5 | $0 |
| THOMAS P JALKUT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | TREASURER | 5 | $0 |
| RICHARD C SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JULIA SATTI COSENTINO NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | CLERK | 5 | $0 |
| THOMAS P JALKUT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JULIA SATTI COSENTINO NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| KAREN L SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JASON R SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | VICE PRESIDENT | 5 | $0 |
| JASON R SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| FEYZA ALTINDAG SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| ELIZABETH S HUNT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD C SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | PRESIDENT | 5 | $0 |
| THOMAS P JALKUT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | TREASURER | 5 | $0 |
| RICHARD C SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JULIA SATTI COSENTINO NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | CLERK | 5 | $0 |
| THOMAS P JALKUT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JULIA SATTI COSENTINO NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| KAREN L SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| JASON R SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | VICE PRESIDENT | 5 | $0 |
| JASON R SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| FEYZA ALTINDAG SHIPLEY NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
| ELIZABETH S HUNT NUTTERMCCLENNEN FISHLLP PO BOX, 51400, BOSTON, MA 02205 | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 51400, BOSTON, MA 02205-1400
- In care of
- % NUTTER MCCLENNEN & FISH LLP
- Signed the 990-PF
- THOMAS JALKUT, TREASURER
- Phone
- (617) 439-2276
- Return prepared by
- NUTTER MCCLENNEN & FISH LLP
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
- 23-7015570
- 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
- 1969
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $159,579,193
- Income (IRS master file)
- $27,806,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $13,659,454 | $11,640,956 | $159,579,193 | XML |
| 990-PF | December 2023 | $10,387,848 | $12,190,751 | $157,560,695 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 23-7015570).
Questions about SHIPLEY FOUNDATION INC
- What is the EIN of SHIPLEY FOUNDATION INC?
- The employer identification number (EIN) of SHIPLEY FOUNDATION INC is 23-7015570.
- Is SHIPLEY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to SHIPLEY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHIPLEY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHIPLEY FOUNDATION INC 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 SHIPLEY FOUNDATION INC 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 SHIPLEY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does SHIPLEY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,659,454, expenses of $11,640,956 and total assets of $159,579,193 at year end.
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