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Sherif Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2019. The principal officer is % Tarek Sherif. It holds total assets of $7M. Annual income is reported at $850K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sherif Foundation has made 5 grants totaling $530K, with a median grant of $100K. Annual giving has grown from $25K in 2020 to $250K in 2022. Grantmaking activity was highest in 2021 with $255K distributed across 3 grants. Individual grants have ranged from $25K to $250K, with an average award of $106K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New York and Rhode Island. Contributions to this foundation are tax-deductible.
Sherif Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY, RI.
Sherif Foundation has distributed a total of $530K across 5 grants. The median grant size is $100K, with an average of $106K. Individual grants have ranged from $25K to $250K.
Sherif Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sherif Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tarek Sherif | TRUSTEE | $0 | $0 | $0 |
Total Giving
$513K
Total Assets
$7M
Fair Market Value
$12.2M
Net Worth
$7M
Grants Paid
$480K
Contributions
$838K
Net Investment Income
$497K
Distribution Amount
$494K
Total: $3.7M
Total Grants
5
Total Giving
$530K
Average Grant
$106K
Median Grant
$100K
Unique Recipients
5
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York UniversityUNRESTRICTED CONTRIBUTION TO PUBLIC CHARITY | New York, NY | $250K | 2022 |
| Naval War College FoundationUNRESTRICTED CONTRIBUTION TO PUBLIC CHARITY | Newport, RI | $125K | 2021 |
| New York Hall Of ScienceUNRESTRICTED CONTRIBUTION TO PUBLIC CHARITY | Corona, NY | $100K | 2021 |
| World Connect IncUNRESTRICTED CONTRIBUTION TO PUBLIC CHARITY | New York, NY | $30K | 2021 |
| Nyu Langone HospitalUNRESTRICTED CONTRIBUTION TO PUBLIC CHARITY | New York, NY | $25K |
| 2020 |
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