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IDA & JOSEPH SHAPIRO FOUNDATION INC

BALTIMORE, MD 526076584

The IDA & JOSEPH SHAPIRO FOUNDATION INC, based in Baltimore, MD, operates with a financial deficit, supporting projects in Maryland and Virginia, led by uncompensated executives Herbert and Penny Bank.

Overview

About IDA & JOSEPH SHAPIRO FOUNDATION INC

The IDA & JOSEPH SHAPIRO FOUNDATION INC is a philanthropic organization based in Baltimore, Maryland. Despite having assets totaling $269,809, the foundation reported expenses of $284,381 and a revenue of $14,572, indicating a financial deficit. The foundation supports initiatives in various cities, primarily within Maryland and Virginia, including Baltimore, Alexandria, Merrifield, and Pikesville. The leadership team includes Herbert Bank as President and Penny Bank as Vice President, both of whom serve without compensation. The foundation does not specify particular subject areas of focus on its public records.

Focus Areas

N/A

Geographic Focus

MDVA
Application Status

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $0
Total Awarded This Year $283K
Average Grant Size $22K
Total Grants (Previous Year) 3,145
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
BALTIMORE, MD, US
Geographic Funding Distribution

Financials

Total Assets
$0

in 2024, compared to $269,809 in 2023

Annual Grants
$283,381

13 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$258,557IDA JOSEPH SHAPRIRO FOUNDATION INCCHARITABLE1829 REISTERSTOWN RD 430 NALTIMORE, MD US2024
$6,224PLANNED PARENTHOOD OF MARYLAND INCHEALTH CARE SERVICES TO WOMEN & FAMILIES330 N HOWARD ST BALTIMORE, MD US2024
$4,600THE MARYLAND ZOOEDUCATIONALDRUID HILL PARK BALTIMORE, MD US2022
$4,600THE MARYLAND ZOOEDUCATIONALDRUID HILL PARK BALTIMORE, MD US2023
$4,600THE MARYLAND ZOOEDUCATIONALDRUID HILL PARK BALTIMORE, MD US2024
$4,000PLANNED PARENTHOOD OF MARYLAND INCHEALTH CARE SERVICES TO WOMEN & FAMILIES330 N HOWARD ST BALTIMORE, MD US2022
$4,000WYPR - NATIONAL PUBLIC RADIOEDUCATIONAL OF LOCAL,NATIONAL, & INTERNATIONAL NEWS VIA RADIO2216 N CHARLES ST BALTIMORE, MD US2022
$4,000PLANNED PARENTHOOD OF MARYLAND INCHEALTH CARE SERVICES TO WOMEN & FAMILIES330 N HOWARD ST BALTIMORE, MD US2023
$4,000WYPR - NATIONAL PUBLIC RADIOEDUCATIONAL OF LOCAL,NATIONAL, & INTERNATIONAL NEWS VIA RADIO2216 N CHARLES ST BALTIMORE, MD US2023
$4,000WYPR - NATIONAL PUBLIC RADIOEDUCATIONAL OF LOCAL,NATIONAL, & INTERNATIONAL NEWS VIA RADIO2216 N CHARLES ST BALTIMORE, MD US2024
39 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
HB
HERBERT BANK
President$02022
PB
PENNY BANK
Vice President$02022
HB
HERBERT BANK
President$02023
PB
PENNY BANK
Vice President$02023
HB
HERBERT BANK
President$02024
PB
PENNY BANK
Vice President$02024
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025