Murray G & Beatrice H Sherman Trust

Foundation · Grantmaker NEW YORK, NY EIN: 31-1623371

Murray G & Beatrice H Sherman Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 1 grants totaling $576K. Net investment income was $477K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

-4.6% YoY

Annual Giving

$576K

+228.2% YoY

Grant Count

-90.0% YoY

Avg Grant Size

$576K

+3182.4% YoY

Under IRS private-foundation payout rules, Murray G & Beatrice H Sherman Trust reported a distributable amount of $358K for 2024 — the minimum it must pay out in qualifying distributions.

About Murray G & Beatrice H Sherman Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.8M (99%)

Vermont $18K (1%)

Tennessee $3K (0%)

States

New York Tennessee Vermont

Cities

AmagansettAnnandaleonhudsonBrooklynEast HamptonMemphisMiltonNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,299,830	$3,457,925	$3,495,154
Revenue	$529,471	$275,712	$282,223
Expenses	$682,368	$313,693	$420,831
Qualifying Distributions	$628,967	$244,718	$380,551
Net Investment Income	$477,361	$206,756	$242,676
Distributable Amount	$357,803	$328,799	$340,734

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

89 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($576,446).

Recipient	Purpose	Amount
SEE ATTACHED NEW YORK, NY	GENERAL OPERATING	$576,446

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM S SHERMAN	TRUSTEE, AS REQ'D	—	$45,696
CITIBANK N A	TRUSTEE, AS REQ'D	—	$56,345
MARY SHERMAN MITTELMAN	TRUSTEE, AS REQ'D	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Murray G & Beatrice H Sherman Trust?

Murray G & Beatrice H Sherman Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.3M in total assets as of 2024.

How large is Murray G & Beatrice H Sherman Trust?

As of 2024, Murray G & Beatrice H Sherman Trust holds $3.3M in total assets with $529K in annual revenue. It awarded 1 grants totaling $576K in 2024.

Where does Murray G & Beatrice H Sherman Trust operate?

Murray G & Beatrice H Sherman Trust has awarded grants in New York, Tennessee, Vermont.

What size grants does Murray G & Beatrice H Sherman Trust award?

In 2024, Murray G & Beatrice H Sherman Trust awarded 1 grants totaling $576K — an average of about $576K per grant, based on its IRS Form 990 filings.

How much is Murray G & Beatrice H Sherman Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Murray G & Beatrice H Sherman Trust reported a distributable amount of $358K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Murray G & Beatrice H Sherman Trust's EIN?

Murray G & Beatrice H Sherman Trust's EIN (Employer Identification Number) is 31-1623371. IRS Form 990 filing data is available on this page for 2020–2024.