Shearwater Foundation

Organization Overview

Shearwater Foundation is located in Huntsville, AL. The organization was established in 2003. 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. Shearwater 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 12/2021, Shearwater Foundation generated $57.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $68.4k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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.

Since 2015, Shearwater Foundation has awarded 42 individual grants totaling $576,693. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $877
Interest on Savings $2
Dividends & Interest $26,537
Net Rental Income$0
Net Gain on Sale of Assets $30,475
Capital Gain Net Income $30,475
Net ST Capital Gain $1
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $57,891

Grants Awarded

Over the last fiscal year, Shearwater Foundation has awarded $59,000 in support to 4 organizations.

Grant RecipientAmount

JOCOTOCO FOUNDATION

PURPOSE: GENERAL SUPPORT

$20,000

AMERICAN BIRD CONSERVANCY

Org PageRecipient Profile

The Plains, VA

PURPOSE: GENERAL SUPPORT

$17,000

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$12,000

Nashville, TN

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

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