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Sherman Family Foundation is a private trust based in BALTIMORE, MD. The foundation received its IRS ruling in 1995. It holds total assets of $73.3M. Annual income is reported at $34.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sherman Family Foundation has made 352 grants totaling $54.7M, with a median grant of $25K. Annual giving has grown from $3.8M in 2020 to $19.3M in 2023. Grantmaking activity was highest in 2022 with $26.2M distributed across 168 grants. Individual grants have ranged from $500 to $7M, with an average award of $155K. The foundation has supported 160 unique organizations. The foundation primarily supports organizations in Maryland, New York, Florida, which account for 78% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Sherman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 352 grants. Its grantmaking reaches organizations primarily in MD, NY, FL.
Sherman Family Foundation has distributed a total of $54.7M across 352 grants. The median grant size is $25K, with an average of $155K. Individual grants have ranged from $500 to $7M.
Sherman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sherman Family Foundation is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew Sherman | TRUSTEE | $0 | $0 | $0 |
| Betsy Sherman | TRUSTEE | $0 | $0 | $0 |
| David Sherman | TRUSTEE | $0 | $0 | $0 |
| Michael Sherman | TRUSTEE | $0 | $0 | $0 |
| Jonathan Sherman | TRUSTEE | $0 | $0 | $0 |
Total Giving
$19.8M
Total Assets
$87.5M
Fair Market Value
$95.5M
Net Worth
$87.5M
Grants Paid
$19.3M
Contributions
$0
Net Investment Income
$3.6M
Distribution Amount
$5.1M
Total: $66.4M
Total Grants
352
Total Giving
$54.7M
Average Grant
$155K
Median Grant
$25K
Unique Recipients
160
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThreadGENERAL OPERATIONS | Baltimore, MD | $400K | 2023 |
| Maine HealthGENERAL OPERATIONS | Augusta, ME | $100K | 2023 |
| Brooklyn Institute Of ArtGENERAL OPERATIONS | Brooklyn, NY | $50K | 2023 |
| Umbcuniversity System Of Maryland Foundation IncGENERAL OPERATIONS | Adelphi, MD | $6M | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Long Island UniversityGENERAL OPERATIONS |
| Brooklyn, NY |
| $1.6M |
| 2023 |
| The Y Of Central Maryland IncGENERAL OPERSTIONS | Baltimore, MD | $1M | 2023 |
| Point Source YouthGENERAL OPERATIONS | New York, NY | $1M | 2023 |
| Fund For Educational ExcellenceGENERAL OPERATIONS | Baltimore, MD | $585K | 2023 |
| Teach For America BaltimoreGENERAL OPERATIONS | Baltimore, MD | $550K | 2023 |
| Bay Chamber Concerts & Music SchoolGENERAL OPERATIONS | Rockport, ME | $500K | 2023 |
| Maine Coast Heritage TrustGENERAL OPERATIONS | Topsham, ME | $500K | 2023 |
| United Way Of Central MarylandGENERAL OPERATIONS | Baltimore, MD | $500K | 2023 |
| University Of Md Baltimore FdnGENERAL OPERATIONS | Baltimore, MD | $500K | 2023 |
| Boys And Girls Club Of Metro BaltimoreGENERAL OPERATIONS | Baltimore, MD | $400K | 2023 |
| Roland Park Community FoundationGENERAL OPERATIONS | Baltimore, MD | $350K | 2023 |
| Family Tree TheGENERAL OPERATIONS | Baltimore, MD | $340K | 2023 |
| Center For Urban Families IncGENERAL OPERATIONS | Baltimore, MD | $300K | 2023 |
| Cherry Hill StronGENERAL OPERATIONS | Baltimore, MD | $300K | 2023 |
| Patterson Park Public Charter SchoolGENERAL OPERATIONS | Baltimore, MD | $250K | 2023 |
| Baltimore CurriculumGENERAL OPERATIONS | Baltimore, MD | $250K | 2023 |
| Upsurge BaltimoreGENERAL OPERATIONS | Baltimore, MD | $250K | 2023 |
| Baltimore Museum Of ArtsGENERAL OPERATIONS | Baltimore, MD | $200K | 2023 |
| Kipp 3d AcademyGENERAL OPERATIONS | Houston, TX | $200K | 2023 |
| Maryland Family NetworkGENERAL OPERATIONS | Baltimore, MD | $150K | 2023 |
| Family League Of BaltimoreGENERAL OPERATIONS | Baltimore, MD | $150K | 2023 |
| Baltimore Leadership SchoolGENERAL OPERATIONS | Baltimore, MD | $146K | 2023 |
| Venetoulis Institute For Local JournalismGENERAL OPERATIONS | Baltimore, MD | $125K | 2023 |
| Collegebound FoundationGENERAL OPERATIONS | Baltimore, MD | $102K | 2023 |
| Rebuild Baltimore MetroGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Whole Womans HealthGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| We Will All Rise IncGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Planned ParenthoodGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Medstar Harbor HospitalGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Parks & People FoundationGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| An End To IgnoranceGENERAL OPERATIONS | Baltimore, MD | $90K | 2023 |
| Arts For LearningGENERAL OPERATIONS | Baltimore, MD | $75K | 2023 |
| B360GENERAL OPERATIONS | Baltimore, MD | $75K | 2023 |
| Cristo Rey Corporate Internship Program IncGENERAL OPERATIONS | Baltimore, MD | $75K | 2023 |
| Improving EducationGENERAL OPERATIONS | Baltimore, MD | $65K | 2023 |
| Higher AchievementGENERAL OPERATIONS | Baltimore, MD | $60K | 2023 |
| Mariposa EducationGENERAL OPERATIONS | Baltimore, MD | $60K | 2023 |
| Wide Angle Youth MediaGENERAL OPERATIONS | Baltimore, MD | $55K | 2023 |
| Project PneumaGENERAL OPERATIONS | Baltimore, MD | $55K | 2023 |
| Downtown Baltimore Child CareGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| The Literacy LabGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Baltimore Symphony OrchestraGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Baltimore SquashwiseGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Baltimore School For The ArtsGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Sharebaby IncGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Save The ChildrenGENERAL OPERATIONS | Fairfield, CT | $50K | 2023 |
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