Lucy I Sherman Charitable Foundation
Lucy I Sherman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$131K
-13.0% YoY
Annual Giving
$23K
+2.3% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$3K
-10.5% YoY
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.
About Lucy I Sherman Charitable Foundation
Based on IRS filings
Lucy I Sherman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $130,948 | $150,544 | $157,759 |
| Revenue | $5,439 | $17,150 | $4,621 |
| Expenses | $25,035 | $24,365 | $22,249 |
| Qualifying Distributions | $23,785 | $23,183 | $21,110 |
| Net Investment Income | $4,154 | $15,968 | $3,298 |
| Distributable Amount | $12,024 | $11,033 | $11,648 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include International Rescue Committee Inc ($15,000), Doctors Without Borders Usa Inc ($2,000), Oxfam-america Inc ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TENACITY INC BRIGHTON, MA | CHARITABLE | $500 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | CHARITABLE | $500 |
| MHSA MASSACHUSETTS HOUSING AND SHELTER ALIIANCE BOSTON, MA | CHARITABLE | $500 |
| SAFE PASSAGE FOUNDATION NEW GLOUCESTER, ME | CHARITABLE | $1,000 |
| WGBH EDUCATIONAL FOUNDATION BOSTON, MA | EDUCATIONAL | $1,000 |
| DOCTORS WITHOUT BORDERS USA INC NEW YORK, NY | MEDICAL | $2,000 |
| OXFAM-AMERICA INC BOSTON, MA | CHARITABLE | $2,000 |
| INTERNATIONAL RESCUE COMMITTEE INC NEW YORK, NY | CHARITABLE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCY I SHERMAN | PRESIDENT & TREASURER | 0.5 | — |
| RICHARD SABIN | CLERK | 0.01 | — |
| WILLIAM SHERMAN | DIRECTOR | 0.01 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lucy I Sherman Charitable Foundation?
Lucy I Sherman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON CENTRE, MA. It holds $131K in total assets as of 2024.
How large is Lucy I Sherman Charitable Foundation?
As of 2024, Lucy I Sherman Charitable Foundation holds $131K in total assets with $5K in annual revenue. It awarded 8 grants totaling $23K in 2024.
Where does Lucy I Sherman Charitable Foundation operate?
Lucy I Sherman Charitable Foundation has awarded grants in Colorado, Connecticut, District of Columbia, Florida, Massachusetts, Maine, New York.
What size grants does Lucy I Sherman Charitable Foundation award?
In 2024, Lucy I Sherman Charitable Foundation awarded 8 grants totaling $23K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Lucy I Sherman Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucy I Sherman Charitable Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Lucy I Sherman Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.