//
Also known as: C/O DAVID S SHERMAN
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Sherman Family Foundation is a private corporation based in SCARBOROUGH, ME. The foundation received its IRS ruling in 2000. The principal officer is David S Sherman. It holds total assets of $150K. Annual income is reported at $60K. Total assets have decreased from $579K in 2011 to $180K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maine. According to available records, Sherman Family Foundation has made 51 grants totaling $262K, with a median grant of $3K. Annual giving has grown from $112K in 2020 to $150K in 2022. Individual grants have ranged from $500 to $25K, with an average award of $5K. The foundation has supported 20 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$7K
Largest Grant
$25K
Based on 17 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.
Sherman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in ME.
Sherman Family Foundation has distributed a total of $262K across 51 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $25K.
No restrictions or limitations.
Sherman Family Foundation is headquartered in SCARBOROUGH, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Beverly Sherman | VICE PRESIDE | $0 | $0 | N/A |
| David S Sherman | PRESIDENT | $0 | $0 | N/A |
| Martha S Burchenal | SECRETARY | $0 | $0 | N/A |
| David S Sherman Jr | TREASURER | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$180K
Fair Market Value
$1.3M
Net Worth
$180K
Grants Paid
$78K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$69K
Total Grants
51
Total Giving
$262K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
20
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SweetserGENERAL | Saco, ME | $3K | 2022 |
| Gulf Of Maine Research InstituteGENERAL | Portland, ME | $10K | 2022 |
| Friends Of Portland Adult EducationGENERAL | Portland, ME | $10K | 2022 |
| Boys & Girls Clubs Of Southern MeGENERAL ANNUAL APPEAL | Portland, ME | $10K | 2022 |
| Preble StreetGENERAL | Portland, ME | $10K | 2022 |
| Wayside Food ProgramGENERAL | Portland, ME | $10K | 2022 |
| The Telling RoomGENERAL | Portland, ME | $3K | 2022 |
| My Place Teen CenterGENERAL | Westbrook, ME | $3K | 2022 |
| Camp SunshineGENERAL | Casco, ME | $3K | 2022 |
| Konbit SanteGENERAL | Falmouth, ME | $3K | 2022 |
| StriveGENERAL | South Portland, ME | $3K | 2022 |
| Thorton AcademyGENERAL | Saco, ME | $3K | 2022 |
| South Portland Food CupboardGENERAL | South Portland, ME | $3K | 2022 |
| Opportunity AllianceGENERAL | South Portland, ME | $1K | 2022 |
| Campaign For JusticeGENERAL | Hallowell, ME | $1K | 2022 |
| WaynfleteGENERAL | Portland, ME | $1K | 2022 |
| University Of Southern MaineGENERAL | Portland, ME | $1K | 2022 |
| Good Shepherd Food BankGENERAL | Auburn, ME | $17K | 2020 |
| Scholarships For Maine ImmigrantsGENERAL | Portland, ME | $3K | 2020 |