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Sheldon And Phylis Sherwood Charitable Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2023. The principal officer is Josephin Garofalo. It holds total assets of $1.5M. Annual income is reported at $276K. The foundation is governed by 1 officer or trustee. 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 2021 to 2023. The foundation primarily funds organizations in New York and Tennessee. According to available records, Sheldon And Phylis Sherwood Charitable Foundation has made 11 grants totaling $76K, with a median grant of $9K. Annual giving has grown from $16K in 2021 to $60K in 2023. Individual grants have ranged from $3K to $15K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and Tennessee and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$3K
Based on 5 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.
Sheldon And Phylis Sherwood Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NY, TN, NJ.
Sheldon And Phylis Sherwood Charitable Foundation has distributed a total of $76K across 11 grants. The median grant size is $9K, with an average of $7K. Individual grants have ranged from $3K to $15K.
Sheldon And Phylis Sherwood Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sheldon And Phylis Sherwood Charitable Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $20K | $0 | $20K |
Total Giving
$82K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$77K
Total: N/A
Total Grants
11
Total Giving
$76K
Average Grant
$7K
Median Grant
$9K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Churchtown Fire CompanyGENERAL OPERATING | Claverack, NY | $15K | 2023 |
| Columbia Greene Humane SocietyGENERAL OPERATING | Hudson, NY | $10K | 2023 |
| Ab Shaw Fire CompanyGENERAL OPERATING | Claverack, NY | $10K | 2023 |
| National Multiple Sclerosis SocietyGENERAL OPERATING | New York, NY | $9K | 2023 |
| The Salvation ArmyGENERAL OPERATING | Union, NJ | $9K | 2023 |
| St Judes Children'S HospitalGENERAL OPERATING | Memphis, TN | $9K | 2023 |
| Columbia Greene HumaneGENERAL OPERATING | Hudson, NY | $3K | 2021 |
| St Judes Children'SGENERAL OPERATING | Memphis, TN | $3K | 2021 |