The Shining Rock Foundation
EIN 854184499About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,513,150. This amount represents 25% or more of the Foundation's net assets of $707,840 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | N/A | $708K | $722K | N/A |
| 2021 | $1.5M | $1.8M | $3.9M | 5 |
| 2022 | $450K | $848K | $112 | 3 |
| 2023 | $25K | $552K | $5K | 1 |
| 2024 | $29K | $402K | $965 | 4 |
Grant Size Distribution
Based on 13 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (13 total)
| Purpose | ||||
|---|---|---|---|---|
| Chakana Media Inc | Accord, NY | $1,000,000 | General & Unrestricted | 2021 |
| Johns Hopkins University | Baltimore, MD | $400,000 | Johns Hopkins Center for Psychedelic and Conscious Research | 2021 |
| Johns Hopkins University | Baltimore, MD | $200,000 | Center for Psychedelic and Consciousness Research | 2022 |
| Chakana Media Inc | Accord, NY | $125,000 | EXPENDITURE RESPONSIBILITY Grant | 2022 |
| Psfc | Fairfax, CA | $125,000 | Oregon Measure 109, Psilocybin Mushroom Services Program Initiative under the direction of Tom Eckert | 2022 |
| Multidisciplinary Association for Psychedelic | San Jose, CA | $100,000 | Health Equity Program and Therapist Scholarship fund | 2021 |
| Johns Hopkins University | Baltimore, MD | $25,000 | Johns Hopkins Center for Psychedelic and Consciousness Research | 2023 |
| Johns Hopkins University | Baltimore, MD | $25,000 | Johns Hopkins Center for Psychedelic and Consciousness Research | 2024 |
| Nowak Society | Fort Collins, CO | $10,000 | RTT Advocacy Fund | 2021 |
| Team Impact | Quincy, MA | $4,663 | General & Unrestricted | 2021 |
| Chakana Media Inc Dba Reconsider | Accord, NY | $1,800 | General & Unrestricted | 2024 |
| Siddhartha School Partnership | Portland, ME | $1,000 | to cover CSBE Requirement Costs | 2024 |
| The Hagedorn Little Village School | Seaford, NY | $1,000 | General & Unrestricted | 2024 |