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The Sherman Family Charitable Trust is a private trust based in MT PLEASANT, SC. The foundation received its IRS ruling in 1984. It holds total assets of $1.2M. Annual income is reported at $524K. Total assets have grown from $56K in 2010 to $1.2M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in South Carolina. According to available records, The Sherman Family Charitable Trust has made 29 grants totaling $135K, with a median grant of $5K. The foundation has distributed between $65K and $70K annually from 2020 to 2022. Individual grants have ranged from $500 to $20K, with an average award of $5K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in South Carolina, Louisiana, Florida, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$4K
Largest Grant
$20K
Based on 16 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.
The Sherman Family Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in SC, LA, FL.
The Sherman Family Charitable Trust has distributed a total of $135K across 29 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $500 to $20K.
The Sherman Family Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Sherman Family Charitable Trust is headquartered in MT PLEASANT, SC. While based in SC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Howard B Sherman | TRUSTEE | $46K | $0 | $46K |
| Ivan M Sherman | TRUSTEE | $10K | $0 | $10K |
| Mitchell L Sherman | TRUSTEE | $10K | $0 | $10K |
Total Giving
$156K
Total Assets
$1.2M
Fair Market Value
$1.3M
Net Worth
$1.2M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$62K
Total Grants
29
Total Giving
$135K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
29
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Casa Jojo FoundationUNRESTRICTED PROGRAM SUPPORT | Livingston, TX | $5K | 2022 |
| Jewish Children'S Regional ServicesUNRESTRICTED PROGRAM SUPPORT | Metairie, LA | $5K | 2022 |
| Jewish Endownment Foundation Of New OrleansUNRESTRICTED PROGRAM SUPPORT | New Orleans, LA | $5K | 2022 |
| Jewish Family Service Of New OrleansUNRESTRICTED PROGRAM SUPPORT | Metairie, LA | $5K | 2022 |
| Jewish Federation Of New OrleansUNRESTRICTED PROGRAM SUPPORT | Metairie, LA | $5K | 2022 |
| Musc James Colbert Endowed ChairUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $5K | 2022 |
| Museum Of Southern Jewish ExperienceUNRESTRICTED PROGRAM SUPPORT | New Orleans, LA | $5K | 2022 |
| The Sherman HouseUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $5K | 2022 |
| Touro Synagouge FoundationUNRESTRICTED PROGRAM SUPPORT | New Orleans, LA | $5K | 2022 |
| Yaschik Arnold Jewish Studies College Of CharlestonUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $5K | 2022 |
| Forum For Equality FoundationUNRESTRICTED PROGRAM SUPPORT | New Orleans, LA | $5K | 2022 |
| Touro Infirmary FoundationUNRESTRICTED PROGRAM SUPPORT | New Orleans, LA | $5K | 2022 |
| Addlestone Hebrew AcademyUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $5K | 2022 |
| Davis Walker Heart FundUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $20K | 2020 |
| Flordia State SeminolesUNRESTRICTED PROGRAM SUPPORT | Tallahassee, FL | $14K | 2020 |
| Center For Jewish LifeUNRESTRICTED PROGRAM SUPPORT | Mount Pleasant, SC | $5K | 2020 |
| Barrier Island Free Medical ClinicUNRESTRICTED PROGRAM SUPPORT | Johns Island, SC | $5K | 2020 |
| Teacher'S Supply ClosetUNRESTRICTED PROGRAM SUPPORT | North Charleston, SC | $3K | 2020 |
| Charleston HopeUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $3K | 2020 |
| Sherman HouseUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $3K | 2020 |
| Yaschikarnold Jewish Studies College Of CharlestonUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $3K | 2020 |
| The Fisher HouseUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $3K | 2020 |
| Lowcountry Food BankUNRESTRICTED PROGRAM SUPPORT | North Charleston, SC | $3K | 2020 |
| HalosUNRESTRICTED PROGRAM SUPPORT | North Charleston, SC | $3K | 2020 |
| One 80 PlaceUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $2K | 2020 |
| Ronald Mcdonald HouseUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $2K | 2020 |
| Everyday EverestUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $1K | 2020 |
| Musc FoundationUNRESTRICTED PROGRAM SUPPORT | Charleston, SC | $500 | 2020 |
| Freshstart VisionsUNRESTRICTED PROGRAM SUPPORT | North Charleston, SC | $500 | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC