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THE CHRIS AND CARRIE SHUMWAY FOUNDATION

NEW YORK, NY · EIN 066556405 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.7M
expenses
$111K
net assets
$2.1M
employees
profile · synthesized from sources

The Chris and Carrie Shumway Foundation is a private foundation based in New York that makes grants to support education, community enrichment, and research. Its primary activity is funding nonprofit organizations and institutions, with a focus on educational institutions ranging from secondary schools to major universities. The foundation also supports initiatives related to children in need and families affected by infant loss.

named programs · 3 · from sources

What they call their work

Community and Family Support
Funds organizations like the Charlotte Hornets Foundation, Tiny Miracles Foundation, and Rise for Rew that serve children in need, families of premature infants, and those affected by infant loss
Higher Education Support
Provides funding to universities including Harvard, University of Virginia, Vanderbilt, and University of Arizona for education, research, and real estate development in support of academic missions
K-12 Education Support
Supports independent secondary schools such as Deerfield Academy and Oxbridge Academy through grants for curriculum, environment, and faculty development
activities · 7 groups

What they do

  • Pediatric Medical Care and Research Support 2 activities
    • Funding SIDS research and family support services
      Funds research on sudden infant death syndrome (SIDS) and provides support services for families who have lost a child. This grantmaking activity combines scientific inquiry with direct emotional and social support for affected families.
    • Funding support services for families of premature infants in Connecticut
      Funds support services for families of premature infants in Fairfield and New Haven Counties, Connecticut. These grants provide targeted assistance during critical early health challenges.
  • Private K–12 School Support 2 activities
    • Funding educational programs at Oxbridge Academy
      Funds a distinctive curriculum, enriching environment, and expert faculty to support students’ educational journeys at Oxbridge Academy. This grantmaking supports K–12 academic excellence and student growth.
    • Funding liberal arts education and student development at Deerfield Academy
      Funds a rigorous liberal arts curriculum, co-curricular programs, and residential life at Deerfield Academy to support student development in scholarship, citizenship, and personal responsibility. This grantmaking activity targets holistic secondary education.
  • University-Specific Endowment and Program Funding 2 activities
    • Funding research, teaching, and community service at Vanderbilt University
      Funds scholarly research, creative teaching, and community service initiatives at Vanderbilt University. These grants support a broad range of academic and civic engagement activities at a major university.
    • Funding undergraduate, graduate, and professional education and research at Harvard University
      Funds undergraduate, graduate, and professional education and research across multiple academic fields at Harvard University. This grantmaking activity supports broad academic advancement within a major research university.
  • Summer Camp Access Scholarships 1 activity
    • Funding community outreach and enrichment programs for children in need in Charlotte
      Funds community outreach and enrichment programs for children in need in the Charlotte area through the Charlotte Hornets Foundation. These grants aim to improve youth well-being via structured community initiatives.
  • Endowment and Gift Fund Management 1 activity
    • Funding philanthropy and gift management at the University of Arizona
      Funds philanthropy and gift management services that advance the University of Arizona through donor engagement and stewardship. These grants strengthen the university’s fundraising and donor relations infrastructure.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding youth education and empowerment through the B Robert Williamson Jr Foundation
      Funds nonprofit organizations focused on the education and empowerment of young people through the B Robert Williamson Jr Foundation. This grantmaking initiative targets youth development via external grantees.
  • Uncategorized 1 activity
    • Funding real estate and administrative services at the University of Virginia
      Funds real estate and administrative services that support the University of Virginia’s primary programs, long-term property needs, and institutional boundaries. These grants help maintain and expand the university's physical and operational infrastructure.
financials · form 990PF · fy2024
revenue
Total revenue$1.66M
Contributions & grants$668K40%
Program service revenue
Investment income$96K6%
Other revenue$899K
expenses
Total expenses$111K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$7.43M
balance sheet
Total assets$2.09M
Cash
Investments
Liabilities
Net assets$2.08M
4 years on record · 2020–2024 · YoY revenue -79.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • CARRIE SHUMWAY — TRUSTEE
  • CHRIS SHUMWAY — TRUSTEE
relationships · 10

Who they work with

  • CHARLOTTE HORNETS FOUNDATION Partner — Receives funding for community outreach and enrichment programs for children in need in the Charlotte area.
  • DEERFIELD ACADEMY Partner — Receives funding to support secondary education with an emphasis on scholarship, citizenship, and character development.
  • HARVARD UNIVERSITY Partner — Receives multi-year funding for education and research across academic domains.
  • OXBRIDGE ACADEMY FOUNDATION INC Partner — Receives funding to empower students through distinctive curriculum and expert faculty.
  • RISE FOR REW Partner — Receives funding for SIDS research and family support services.
  • THE B ROBERT WILLIAMSON JR FOUNDATION Partner — Receives funding to support nonprofits focused on youth education and empowerment.
  • THE TINY MIRACLES FOUNDATION Partner — Receives funding to support families of premature infants in Connecticut.
  • UNIVERSITY OF ARIZONA FOUNDATION Partner — Receives funding to manage donated assets and process gifts for the University of Arizona.
  • UNIVERSITY OF VIRGINIA Partner — Receives funding for real estate activities and administrative services supporting university programs and long-term infrastructure.
  • VANDERBILT UNIVERSITY Partner — Receives funding for scholarly research, creative teaching, and community service.