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Also known as: FOUNDATION INC
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Ira And Maryjo Sherman Family Foundation Inc. is a private corporation based in PALM BCH GDNS, FL. The foundation received its IRS ruling in 2016. It holds total assets of $644K. Annual income is reported at $680K. Total assets have grown from $81K in 2015 to $671K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Florida, District of Columbia, Maryland. According to available records, Ira And Maryjo Sherman Family Foundation Inc. has made 152 grants totaling $608K, with a median grant of $1K. Annual giving has decreased from $259K in 2020 to $122K in 2023. Individual grants have ranged from N/A to $54K, with an average award of $4K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in Maryland, Florida, District of Columbia, which account for 57% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$4K
Largest Grant
$20K
Based on 32 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.
Ira And Maryjo Sherman Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 152 grants. Its grantmaking reaches organizations primarily in MD, FL, DC.
Ira And Maryjo Sherman Family Foundation Inc. has distributed a total of $608K across 152 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from N/A to $54K.
Ira And Maryjo Sherman Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ira And Maryjo Sherman Family Foundation Inc. is headquartered in PALM BCH GDNS, FL. While based in FL, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley Sherman | DIRECTOR | $0 | $0 | N/A |
| Abigail Sherman | DIRECTOR | $0 | $0 | N/A |
| Ira Sherman | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Maryjo Sherman | DIRECTOR | $0 | $0 | N/A |
| Daniel Sherman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$126K
Total Assets
$671K
Fair Market Value
$864K
Net Worth
$671K
Grants Paid
$122K
Contributions
$20K
Net Investment Income
$10K
Distribution Amount
$40K
Total: $656K
Total Grants
152
Total Giving
$608K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
55
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL | Oklahoma City, OK | $100 | 2023 |
| Congregation Har ShalomGENERAL | Potomac, MD | $36K | 2023 |
| Jewish Federation Of Palm Beach CountyGENERAL | West Palm Beach, FL | $25K | 2023 |
| Jupiter Medical Center FoundationGENERAL | Jupiter, FL | $17K | 2023 |
| Friends Of Israel Defense ForcesGENERAL | New York, NY | $11K | 2023 |
| Kravis Center FoundationGENERAL | West Palm Beach, FL | $10K | 2023 |
| Montgomery County Coalition For The HomelessGENERAL | Rockville, MD | $6K | 2023 |
| Baltimore Museum Of ArtGENERAL | Baltimore, MD | $4K | 2023 |
| HillelGENERAL | Washington, DC | $4K | 2023 |
| Phillips CollectionGENERAL | Washington, DC | $2K | 2023 |
| Leukemia & Lymphoma SocietyGENERAL | Rye Brook, NY | $1K | 2023 |
| American Heart AssociationGENERAL | Dallas, TX | $1K | 2023 |
| Hillel At University Of WisconsinGENERAL | Madison, WI | $1K | 2023 |
| Brain Injury Association Of AmericaGENERAL | Fairfax, VA | $1K | 2023 |
| Active MindsGENERAL | Washington, DC | $1K | 2023 |
| The Fund For West Palm Beach PoliceGENERAL | West Palm Beach, FL | $1K | 2023 |
| Center For Family Services West Palm BeachGENERAL | West Palm Beach, FL | $500 | 2023 |
| Congregation Beth IsraelGENERAL | Owings Mills, MD | $360 | 2023 |
| Dc Habitat For HumanityGENERAL | Washington, DC | $200 | 2023 |
| The Metropolitan Museum Of ArtGENERAL | New York, NY | $110 | 2023 |
| Community Foundation Greater Buffalo - Dena Goldstein MemorialGENERAL | Buffalo, NY | $100 | 2023 |
| Kips Bay Boys And Girls ClubGENERAL | New York, NY | N/A | 2023 |
| Manna Food CenterGENERAL | Gaithersburg, MD | $8K | 2022 |
| United States Holocaust Memorial MuseumGENERAL | Washington, DC | $8K | 2022 |
| Ballenisles Charity FoundationGENERAL | Palm Beach Gardens, FL | $5K | 2022 |
| Planned ParenthoodGENERAL | Washington, DC | $3K | 2022 |
| Wolf TrapGENERAL | Vienna, VA | $2K | 2022 |
| Mpn Research FoundationGENERAL | Chicago, IL | $1K | 2022 |
| First Tee Of Palm Beach CountyGENERAL | Riviera Beach, FL | $1K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL