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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. Total assets have grown from $19M in 2011 to $73.3M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in Maryland, New York and Florida. 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.
Smallest Grant
$500
Median Grant
$30K
Average Grant
$123K
Largest Grant
$1.2M
Based on 44 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 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 |
|---|---|---|---|---|
| David Sherman | TRUSTEE | $0 | $0 | N/A |
| Betsy Sherman | TRUSTEE | $0 | $0 | N/A |
| Jonathan Sherman | TRUSTEE | $0 | $0 | N/A |
| Matthew Sherman | TRUSTEE | $0 | $0 | N/A |
| Michael Sherman | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$73.3M
Fair Market Value
N/A
Net Worth
$73.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Maine HealthGENERAL OPERATIONS | Augusta, ME | $100K | 2023 |
| Umbcuniversity System Of Maryland Foundation IncGENERAL OPERATIONS | Adelphi, MD | $6M | 2023 |
| 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 |
| 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 |
| Bay Chamber Concerts & Music SchoolGENERAL OPERATIONS | Rockport, ME | $500K | 2023 |
| Boys And Girls Club Of Metro BaltimoreGENERAL OPERATIONS | Baltimore, MD | $400K | 2023 |
| ThreadGENERAL OPERATIONS | Baltimore, MD | $400K | 2023 |
| Roland Park Community FoundationGENERAL OPERATIONS | Baltimore, MD | $350K | 2023 |
| Family Tree TheGENERAL OPERATIONS | Baltimore, MD | $340K | 2023 |
| Cherry Hill StronGENERAL OPERATIONS | Baltimore, MD | $300K | 2023 |
| Center For Urban Families IncGENERAL OPERATIONS | Baltimore, MD | $300K | 2023 |
| Upsurge BaltimoreGENERAL OPERATIONS | Baltimore, MD | $250K | 2023 |
| Baltimore CurriculumGENERAL OPERATIONS | Baltimore, MD | $250K | 2023 |
| Patterson Park Public Charter SchoolGENERAL 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 |
| Whole Womans HealthGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Medstar Harbor HospitalGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Planned ParenthoodGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Parks & People FoundationGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| Rebuild Baltimore MetroGENERAL OPERATIONS | Baltimore, MD | $100K | 2023 |
| We Will All Rise IncGENERAL 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 |
| Mariposa EducationGENERAL OPERATIONS | Baltimore, MD | $60K | 2023 |
| Higher AchievementGENERAL 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 |
| Baltimore School For The ArtsGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Baltimore Abortion FundGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Brooklyn Institute Of ArtGENERAL OPERATIONS | Brooklyn, NY | $50K | 2023 |
| Baltimore Symphony OrchestraGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Baltimore SquashwiseGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| The Literacy LabGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
| Sharebaby IncGENERAL OPERATIONS | Baltimore, MD | $50K | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD