Florence D & Irving J Sherman Md

PALM BEACH GARDENS, FL EIN: 99-6601707

Florence D & Irving J Sherman Md is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2023 through 2024. In 2024, it awarded 1 grants totaling $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.0M

Grant Count

1

Avg Grant Size

$1.0M

Under IRS private-foundation payout rules, Florence D & Irving J Sherman Md reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Florence D & Irving J Sherman Md

Based on IRS filings

Florence D & Irving J Sherman Md is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2023 through 2024. In 2024, it awarded 1 grants totaling $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Baltimore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$275K$550K$825K$1M20232024
Metric20242023
Total Assets
Revenue$1,000,000
Expenses$1,000,000
Qualifying Distributions$1,000,000
Net Investment Income
Distributable Amount$4,104

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

JOHNS HOPKINS UNIVERSITY$1.0M

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Johns Hopkins University ($1,000,000).

RecipientPurposeAmount
JOHNS HOPKINS UNIVERSITY BALTIMORE, MDTO FUND SPECIFIC PROGRAMS WITHIN THE DEPARTMENT OF NEUROSURGERY AND DEPARTMENT OF NEUROLOGY, AS STATED IN THE TRUST AGREEMENT, TO BE USED FOR THE ADVANCEMENT OF THE FIELDS OF NEUROSURGERY AND NEUROLOGY AT JOHNS HOPKINS UNIVERSITY.$1,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DONALD CHASMARTRUSTEE
JOHN HAMBURGERTRUSTEE
HENRY BREMTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Florence D & Irving J Sherman Md?

Florence D & Irving J Sherman Md is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds — in total assets as of 2024.

Where does Florence D & Irving J Sherman Md operate?

Florence D & Irving J Sherman Md has awarded grants in Maryland.

What size grants does Florence D & Irving J Sherman Md award?

In 2024, Florence D & Irving J Sherman Md awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

How much is Florence D & Irving J Sherman Md required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Florence D & Irving J Sherman Md reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Florence D & Irving J Sherman Md's EIN?

Florence D & Irving J Sherman Md's EIN (Employer Identification Number) is 99-6601707. IRS Form 990 filing data is available on this page for 2023–2024.

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

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