Lucy I Sherman Charitable Foundation
Lucy I Sherman Charitable Foundation is a private foundation, based in Newton Centre, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131K in total assets. In 2024, it awarded 8 grants totaling $23K. Net investment income was $4K.
Lucy I Sherman Charitable Foundation at a glance
In short: Lucy I Sherman Charitable Foundation gave $23K across 8 grants in 2024 (avg $3K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $22,500
- +2.3% vs 2023
- Grants made (2024)
- 8
- +14.3% vs 2023
- Average grant
- $2,813
- -10.5% vs 2023
- Median grant
- $1,000
- Total assets
- $130,948
- -13.0% vs 2023
- Primary geography
- New York (76% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Lucy I Sherman Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was International Rescue Committee Inc ($15K). Together the top 8 received $23K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Lucy I Sherman Charitable Foundation gives
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 198% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2021) to $27K (2020). In 2024 it made 8 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| International Rescue Committee Inc New York, NY | Charitable | $15,000 |
| Doctors Without Borders USA Inc New York, NY | Medical | $2,000 |
| Oxfam-America Inc Boston, MA | Charitable | $2,000 |
| Safe Passage Foundation New Gloucester, ME | Charitable | $1,000 |
| WGBH Educational Foundation Boston, MA | Educational | $1,000 |
| Tenacity Inc Brighton, MA | Charitable | $500 |
| American Indian College Fund Denver, CO | Charitable | $500 |
| MHSA Massachusetts Housing and Shelter Aliiance Boston, MA | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $130,948 | $5,439 | $25,035 | $22,500 | 8 | $23,785 | $4,154 | $12,024 |
| 2023 | $150,544 | $17,150 | $24,365 | $22,000 | 7 | $23,183 | $15,968 | $11,033 |
| 2022 | $157,759 | $4,621 | $22,249 | $20,000 | 6 | $21,110 | $3,298 | $11,648 |
| 2021 | $175,379 | $4,330 | $21,849 | $19,500 | 3 | $20,575 | $3,204 | $13,206 |
| 2020 | $192,898 | $18,401 | $27,105 | $27,000 | 10 | — | $18,331 | $12,646 |
Under IRS private-foundation payout rules, Lucy I Sherman Charitable Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lucy I Sherman Charitable Foundation is led by Lucy I. Sherman, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lucy I. Sherman
President & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
William Sherman
Director
On filings since 2020
0 hrs/week
No compensation reported
Richard Sabin
Clerk
On filings since 2020
0 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Lucy I Sherman Charitable Foundation
How much does Lucy I Sherman Charitable Foundation give each year?
Lucy I Sherman Charitable Foundation gave $23K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 7 grants.
What is Lucy I Sherman Charitable Foundation's typical grant size?
Lucy I Sherman Charitable Foundation's median grant in 2024 was $1,000, and its average grant was $2,813, across 8 grants on its 2024 IRS Form 990-PF.
Where does Lucy I Sherman Charitable Foundation give grants?
Lucy I Sherman Charitable Foundation gives mostly in New York: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (18%). The most frequent recipient cities were Boston, MA (3 grants) and New York, NY (2 grants).
Does Lucy I Sherman Charitable Foundation give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Lucy I Sherman Charitable Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are Lucy I Sherman Charitable Foundation's largest grantees?
Lucy I Sherman Charitable Foundation's largest 2024 grantees include International Rescue Committee Inc ($15,000), Doctors Without Borders USA Inc ($2,000) and Oxfam-America Inc ($2,000), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.
How large is Lucy I Sherman Charitable Foundation?
Lucy I Sherman Charitable Foundation reported $131K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is Lucy I Sherman Charitable Foundation's EIN?
Lucy I Sherman Charitable Foundation's EIN (Employer Identification Number) is 04-3402003. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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