Herbert C Shipman Foundation

Organization Overview

Herbert C Shipman Foundation is located in Hilo, HI. The organization was established in 1978. 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. Herbert C Shipman 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 07/2022, Herbert C Shipman Foundation generated $83.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $38.8k during the year ending 07/2022. While expenses have increased by 1.0% per year over the past 6 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, Herbert C Shipman Foundation has awarded 44 individual grants totaling $200,086. 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 $2,721
Interest on Savings $0
Dividends & Interest $12,933
Net Rental Income$0
Net Gain on Sale of Assets $67,421
Capital Gain Net Income $67,421
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $83,075

Grants Awarded

Over the last fiscal year, Herbert C Shipman Foundation has awarded $30,725 in support to 2 organizations.

Grant RecipientAmount


Org PageRecipient Profile

Honolulu, HI




Org PageRecipient Profile

Hilo, HI


View Grant Profile

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