Shure Family Charitable Foundation Inc
- Assets
- $109.3k
- Revenue
- $120.8k
- Investments
- $108.8k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 81-4678030
Organization Overview
Shure Family Charitable Foundation Inc is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Shure Family Charitable Foundation Inc 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 12/2023, Shure Family Charitable Foundation Inc generated $120.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $120.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Shure Family Charitable Foundation Inc has awarded 30 individual grants totaling $813,082. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL PROVIDE CONTRIBUTIONS TO QUALIFIED CHARITIES PRIMARILY WITH ESTABLISHED PROGRAM SERVICES IN THE AREAS OF MEDICAL RESEARCH, SCIENCE, EDUCATION, AND THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian K Shure P/vp/t | 1 | $0 | |
Constance Shure Director | 0.25 | $0 | |
Ian A Shure Director | 0.25 | $0 | |
Jonathon Tonzola Director, Ch | 0.25 | $0 | |
Caroline P Aldige Shure Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $118,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $16 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,447 |
| Contributions, gifts, grants paid | $116,832 |
| Total expenses and disbursements | $120,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $169 |
| 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 | $404 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $109,340 |
| 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, Shure Family Charitable Foundation Inc has awarded $116,832 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PREVENT CANCER FOUNDATION PURPOSE: CHARITABLE DONATION | $50,000 |
THE POTOMAC SCHOOL PURPOSE: CHARITABLE DONATION | $10,000 |
NATIONAL LINKS TRUST PURPOSE: CHARITABLE DONATION | $1,620 |
DC PREPARATORY ACADEMY PURPOSE: CHARITABLE DONATION | $10,000 |
PALI QUARTERBACK CLUB PURPOSE: CHARITABLE DONATION | $212 |
BOYS' LATIN SCHOOL OF MARYLAND PURPOSE: CHARITABLE DONATION | $1,000 |