David and Elizabeth Sherman Foundation

Private foundation · Grantmaker New York, NY EIN: 84-4448042

David and Elizabeth Sherman Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 6 grants totaling $204K. Net investment income was $120K.

Key facts about David and Elizabeth Sherman Foundation

In short: David and Elizabeth Sherman Foundation gave $204K across 6 grants in 2025 (avg $34K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
84-4448042
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$203,500
Grants made (2025)
6
Average grant
$33,917
Median grant
$25,000
Total assets
$2,509,552
Primary geography
New York (99% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.5M

-3.3% YoY

Annual Giving

$204K

+1.8% YoY

Grant Count

6

+200.0% YoY

Avg Grant Size

$34K

-66.1% YoY

Under IRS private-foundation payout rules, David and Elizabeth Sherman Foundation reported a distributable amount of $130K for 2025 — the minimum it must pay out in qualifying distributions.

How David and Elizabeth Sherman Foundation gives

  • Giving fell 40% from 2022 to 2025. Method
  • In 2025 it paid out 158% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with David and Elizabeth Sherman Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

New YorkProvidenceNew Orleans

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K6 grants2020 5 grants2021 5 grants2022 3 grants2023 2 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $155K (2023) to $360K (2020). In 2025 it made 6 grants totaling $204K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Breakthrough NY Inc: $100KBreakthrough NY Inc$100KTemple Shaaray Tefila: $50KTemple Shaaray Tefila$50KColumbia Business School: $25KColumbia Business School$25KPlanned Parenthood of Greater New York: $25KPlanned Parenthood of GreaterNew York$25KNew Orleans Trad Jazz Camp: $3KNew Orleans Trad Jazz Camp$3KNational Eating Disorders Association: $1KNational Eating DisordersAssociation$1K

The largest 2025 recipient was Breakthrough NY Inc ($100K). Together the top 6 received $204K.

Grant Size Distribution

21 grants across all recorded years

10<$50K3$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 21 (48%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Breakthrough NY Inc New York, NYGeneral Charitable Purposes$100,000
Temple Shaaray Tefila New York, NYGeneral Charitable Purposes$50,000
Columbia Business School New York, NYGeneral Charitable Purposes$25,000
Planned Parenthood of Greater New York New York, NYGeneral Charitable Purposes$25,000
New Orleans Trad Jazz Camp New Orleans, LAGeneral Charitable Purposes$2,500
National Eating Disorders Association New York, NYGeneral Charitable Purposes$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,509,552$2,595,123$2,647,261
Revenue$133,576$160,886$173,097
Expenses$219,147$213,024$167,443
Qualifying Distributions$205,300$200,000$156,600
Net Investment Income$119,729$147,937$162,254
Distributable Amount$130,137$130,116$129,416

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 29, 2021)
  2. Added Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

David and Elizabeth Sherman Foundation is led by David M. Sherman, Co-President, Treasurer & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David M. Sherman

    Co-President, Treasurer & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Elizabeth A. Sherman

    Co-President, Secretary & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about David and Elizabeth Sherman Foundation

How much does David and Elizabeth Sherman Foundation give each year?

David and Elizabeth Sherman Foundation gave $204K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 2 grants.

What is David and Elizabeth Sherman Foundation's typical grant size?

David and Elizabeth Sherman Foundation's median grant in 2025 was $25,000, and its average grant was $33,917, across 6 grants on its 2025 IRS Form 990-PF.

Where does David and Elizabeth Sherman Foundation give grants?

David and Elizabeth Sherman Foundation gives mostly in New York: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (5 grants).

Does David and Elizabeth Sherman Foundation give general operating support?

Yes: 100% of David and Elizabeth Sherman Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are David and Elizabeth Sherman Foundation's largest grantees?

David and Elizabeth Sherman Foundation's largest 2025 grantees include Breakthrough NY Inc ($100,000), Temple Shaaray Tefila ($50,000) and Columbia Business School ($25,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is David and Elizabeth Sherman Foundation?

David and Elizabeth Sherman Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $205K in qualifying distributions that year, against a required minimum of $130K (roughly 5% of its investment assets).

What is David and Elizabeth Sherman Foundation's EIN?

David and Elizabeth Sherman Foundation's EIN (Employer Identification Number) is 84-4448042. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching David and Elizabeth Sherman Foundation by hand.

Explore Open Grants

Browse active grant opportunities in David and Elizabeth Sherman Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

The Cruz Family Foundation Inc

Rumson, NJ

The Cruz Family Foundation supports organizations working in youth services, hunger relief, homelessness, education, health, and animal welfare. Its 2025 grants ranged from $500 to $55,000, with a median of $5,000, and most funding went to organizations in New Jersey and New York. It funds only preselected charities and does not accept unsolicited requests.

Assets

$3.4M

Grants

26

Total Given

$185K

Aetna Foundation Inc

Hartford, CT

Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.

Assets

—

Grants

65

Total Given

$7.2M

Abrams-Bell Foundation

Providence, RI

Assets

$20K

Grants

31

Total Given

$21K

Virginia B Toulmin Charitable

Cresskill, NJ

Virginia B. Toulmin Charitable supports community organizations focused on women and girls, disadvantaged youth and families, women’s healthcare access, and the performing arts, with recent grants concentrated in New York and Florida. Its 2025 grants ranged from $1,000 to $496,000, with a median of $50,000. Funding is by invitation only; it does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$147.1M

Grants

84

Total Given

$7.0M

Bridgewood Fieldwater Foundation

Bridgewater, CT

Philanthropy, Voluntarism & Grantmaking

Assets

$1.9M

Grants

99

Total Given

$231K

The Charles a Dana Foundation

New York, NY

The Charles A. Dana Foundation funds collaborative projects linking neuroscience with societal challenges, including work in education, law, policy, ethics, and public engagement. Most grants are up to $150,000 for 12–18-month projects (the 2024 median was $10,000); it is based in New York, and no geographic limit is stated.

Assets

$279.4M

Grants

103

Total Given

$8.8M

Synchrony Foundation

Stamford, CT

In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.

Philanthropy, Voluntarism & Grantmaking

Assets

$72.3M

Grants

394

Total Given

$20.5M

Jewish Federation of Greater Philadelphia

Philadelphia, PA

The Jewish Federation of Greater Philadelphia funds basic needs and self-sufficiency, older adults and Holocaust survivors, Jewish life and learning, and community resilience in Greater Philadelphia, Israel, and globally. Its 2025 median grant was $25,000, though awards ranged widely; first-time applicants whose work strongly aligns with its priorities are invited to inquire, but the profile does not state whether unsolicited applications are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$506.4M

Grants

286

Total Given

$33.0M

FJC

New York, NY

FJC supports nonprofits and fiscally sponsored charitable projects across areas including arts, education, social services, health, religion, and the environment, with grantmaking concentrated in New York and also reaching other U.S. states. In 2025, grants had a median of $17,200 and ranged from $5,040 to $2.8 million. The profile does not state whether FJC accepts unsolicited grant requests.

Crime & Legal Related

Assets

$462.3M

Grants

747

Total Given

$41.7M

Select Equity Group Foundation

New York, NY

The foundation supports charitable organizations in advocacy and civil rights, arts and culture, education and youth development, the environment, health, human services, and international development, locally, nationally, and internationally. In 2025, grants ranged from $30 to $500,000, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$44.7M

Grants

854

Total Given

$7.3M

Community Foundation for Palm Beach and Martin Counties Inc

West Palm Beach, FL

The Foundation funds nonprofits serving Palm Beach and Martin Counties, or projects that directly benefit residents there, in areas including education and youth, economic opportunity, thriving communities, capacity building, and crisis preparation and response. Its FY25 competitive grants averaged about $37,000, with a median of $30,000; awards ranged from $5,397 to $1.1 million. It accepts year-round requests starting with a Letter of Inquiry, and may invite selected applicants to submit a full proposal.

Philanthropy, Voluntarism & Grantmaking

Assets

$293.4M

Grants

421

Total Given

$26.5M

More Funders in New York

David and Elizabeth Sherman Foundation down — hundreds of funders to go?

Want AI to do this for you?