Herman And Gwen Shapiro Foundation
- Assets
- $11.2m
- Revenue
- $1.4m
- Investments
- $11.2m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 07/1996
- Data as of
- 07/2023
- EIN
- 39-1841051
Organization Overview
Herman And Gwen Shapiro Foundation is located in Madison, WI. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Herman And Gwen Shapiro 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 07/2023, Herman And Gwen Shapiro Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $1.4m during the year ending 07/2023. While expenses have increased by 25.7% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David G Walsh President | 2 | $2,000 | |
David W Reinecke Treasurer | 2 | $0 | |
Dean Linda Scott Director | 2 | $2,000 | |
Dean Robert Golden Director | 2 | $0 | |
Mr Henry W Ispen Director | 2 | $2,000 | |
Mr John B Walsh Director | 2 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $899 |
| Dividends & Interest | $398,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,019,247 |
| Capital Gain Net Income | $1,019,247 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,418,244 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $576 |
| Taxes | $38,660 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17 |
| Total operating and administrative expenses | $148,827 |
| Contributions, gifts, grants paid | $1,296,182 |
| Total expenses and disbursements | $1,445,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $26,906 |
| 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 | $992,911 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,217,492 |
| 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, Herman And Gwen Shapiro Foundation has awarded $1,296,182 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT THE UNIVERSITY OF WISCONSIN MEDICAL SCHOOL AND THE UNIVERSITY OF WISCONSIN NURSING SCHOOL. | $1,294,182 |
UNIVERSITY OF WISCONSIN-MADISON DEPARTMENT OF MEDICAL SCIENCES PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT THE UNIVERSITY OF WISCONSIN-MADISON WITHIN THE DEPARTMENT OF MEDICAL SERVICES. | $2,000 |