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Sherwood Fund is a private corporation based in MIDDLEBURG, VA. The foundation received its IRS ruling in 2020. It holds total assets of $96.8M. Annual income is reported at $13.2M. Total assets have grown from N/A in 2019 to $96.8M in 2024. The foundation is governed by 5 officers and trustees. In 2021, sherwood continued working with its advisors to formulate plans for direct charitable projects that will make use of real estate in virginia which was acquired on 12/31/2021 by donation. Projects being considered involve low-income housing, office space for non-profits and environmental conservation. This planning is a necessary first step in developing impactful charitable projects and scaling sherwood fund's operations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Sherwood Fund has made 1 grants totaling $35K, with a median grant of $35K. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
In 2023, sherwood continued construction on a project known as rush river commons, a community structure. The first phase of construction, related to creating operational space for the local food pantry, was completed in june of 2024. Sherwood continues to advance other initiatives with the newly constructed property, such as the creation of low-income housing, office space for non profit and governmental entities, and environmental conservation.
Expenses: $6.5M
In 2021, sherwood continued working with its advisors to formulate plans for direct charitable projects that will make use of real estate in virginia which was acquired on 12/31/2021 by donation. Projects being considered involve low-income housing, office space for non-profits and environmental conservation. This planning is a necessary first step in developing impactful charitable projects and scaling sherwood fund's operations. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in VA.
Sherwood Fund has distributed a total of $35K across 1 grants. The median grant size is $35K, with an average of $35K. Individual grants have ranged from $35K to $35K.
Sherwood Fund typically selects its grantees rather than accepting unsolicited proposals.
Sherwood Fund is headquartered in MIDDLEBURG, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexis A Akre | VICE PRESIDENT | $0 | $0 | N/A |
| Thomas Sb Akre | VICE PRESIDENT | $0 | $0 | N/A |
| Charles T Akre Jr | PRES./SEC./TREAS. | $0 | $0 | N/A |
| Deanna S Akre | VICE PRESIDENT | $0 | $0 | N/A |
| Andrew C Akre | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$96.8M
Fair Market Value
N/A
Net Worth
$96.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$35K
Average Grant
$35K
Median Grant
$35K
Unique Recipients
1
Most Common Grant
$35K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rappu IncGENERAL OPERATIONS SUPPORT | Sperryville, VA | $35K | 2020 |