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Nonprofit · EIN 47-1833006

SHEAR FAMILY FOUNDATION INC

Tax-exempt · PITTSBURGH, PA 15238

Financials

$5.7M$14.2M2023$14M$12.9M2024
Revenue Expenses · by fiscal year end
Financials of SHEAR FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$13,952,948$12,924,120$1,028,828$225,788,687$0$225,788,687
December 31, 2023990-PF$5,674,208$14,178,420-$8,504,212$212,791,424$0$212,791,424
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,700,331
Interest
$1,025,570
Net gain from sales of assets
$8,177,027
Other income
$2,050,020

Expenses

Grants and similar amounts paid
$9,042,000
Compensation of officers, directors and key employees
$161,000
Disbursements for charitable purposes
$10,035,421
Excise tax on investment income
$224,312

Balance sheet and other

Total assets, start of year
$212,791,424
Total assets, end of year
$225,788,687
Total liabilities, end of year
$0
Net assets, end of year
$225,788,687
Fair market value of assets
$225,788,687
Qualifying distributions
$10,035,421
Net investment income
$19,616,901

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.

NameTitleHours / weekCompensationOther / benefits
ANN FELTER
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
EXECUTIVE DIRECTOR
Highest-paid employee
40$161,000$11,073
BARBARA S SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
PRESIDENT0.4$0$0
GERALD A SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
VICE PRESIDENT0.4$0$0
JOHN A SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
VICE PRESIDENT0.4$0$0
HERBERT S SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
TREASURER0.4$0$0
RICHARD L ROADARMEL
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
ASST. SECR./ASST. TREASURER0.4$0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
ANN FELTER
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
EXECUTIVE DIRECTOR (
Highest-paid employee
40$103,500$5,152
BARBARA S SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
PRESIDENT0.4$0$0
GERALD A SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
VICE PRESIDENT0.4$0$0
JOHN A SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
VICE PRESIDENT0.4$0$0
HERBERT S SHEAR
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
TREASURER0.4$0$0
RICHARD L ROADARMEL
103 GAMMA DRIVE SUITE 120, PITTSBURGH, PA 15238
ASST. SECR./ASST. TREASURER0.4$0$0

Address and contacts

Address (IRS master file)
103 GAMMA DR STE 120, PITTSBURGH, PA 15238-2983
Signed the 990-PF
BARBARA S SHEAR, PRESIDENT
Phone
(412) 580-6297
Return prepared by
SCHNEIDER DOWNS & CO 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-1833006
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
2015
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P12)
Assets (IRS master file)
$225,788,687
Income (IRS master file)
$36,063,345

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$13,952,948$12,924,120$225,788,687XML
990-TDecember 2024–––IRS
990-PFDecember 2023$5,674,208$14,178,420$212,791,424XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 47-1833006).

Questions about SHEAR FAMILY FOUNDATION INC

What is the EIN of SHEAR FAMILY FOUNDATION INC?
The employer identification number (EIN) of SHEAR FAMILY FOUNDATION INC is 47-1833006.
Is SHEAR FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to SHEAR FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHEAR FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SHEAR FAMILY 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 SHEAR FAMILY 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 SHEAR FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $161,000 (ANN FELTER, EXECUTIVE DIRECTOR).
How much revenue does SHEAR FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,952,948, expenses of $12,924,120 and total assets of $225,788,687 at year end.

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