//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Al Sherman Foundation is a private corporation based in COTTONWOOD, AZ. The foundation received its IRS ruling in 1988. The principal officer is Albert R Sherman President. It holds total assets of $7.7M. Annual income is reported at $2.2M. Total assets have grown from $2.3M in 2010 to $8.1M in 2022. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in California and Hawaii. According to available records, Al Sherman Foundation has made 9 grants totaling $315K, with a median grant of $35K. The foundation has distributed between $95K and $110K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $110K distributed across 3 grants. Individual grants have ranged from $25K to $40K, with an average award of $35K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and Hawaii. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$35K
Average Grant
$37K
Largest Grant
$40K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Al Sherman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CA, HI.
Al Sherman Foundation has distributed a total of $315K across 9 grants. The median grant size is $35K, with an average of $35K. Individual grants have ranged from $25K to $40K.
Al Sherman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Al Sherman Foundation is headquartered in COTTONWOOD, AZ. While based in AZ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dick Sherman | Director | $23K | $0 | $23K |
Total Giving
$204K
Total Assets
$8.1M
Fair Market Value
$10.1M
Net Worth
$8.1M
Grants Paid
$110K
Contributions
N/A
Net Investment Income
$2.4M
Distribution Amount
$469K
Total: $6.1M
Total Grants
9
Total Giving
$315K
Average Grant
$35K
Median Grant
$35K
Unique Recipients
3
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Wayne Cancer Institute AuxiliaRESEARCH | Santa Monica, CA | $40K | 2023 |
| Neighborhood Music SchoolCommunity music programs | Los Angeles, CA | $35K | 2023 |
| Hawaiian Youth SymphonyCOMMUNITY MUSIC PROGRAM | Honolulu, HI | $35K | 2023 |