Phil J & Alice S Sheridan

MACON, GA EIN: 31-1519921

The Phil J and Alice S Sheridan Foundation is a private foundation based in Macon, Georgia, established in 1997. The foundation operates as a 501(c)(3) organization with a focus on philanthropic giving to support communities and individuals facing financial challenges.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.5M

+2.5% YoY

Annual Giving

$1.0M

+28.3% YoY

Grant Count

-28.6% YoY

Avg Grant Size

$205K

+79.6% YoY

Under IRS private-foundation payout rules, Phil J & Alice S Sheridan reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on providing opportunities to people with significant financial challenges. Primary funding focus areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Housing and supportive housing shelters
Women's shelters
Community and economic development

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in Georgia, with particular emphasis on the Macon-Bibb County area.

Grant Distribution by State

Georgia $13.5M (99%)

Alabama $100K (1%)

District of Columbia $3K (0%)

States

Alabama District of Columbia Georgia

Cities

CullmanMaconSavannahWashington

Financial History

Multi-year comparison from IRS filings

Total Assets: $18,483,948
Total Annual Giving: $1,022,603
Tax-Exempt Status: Since May 1997

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,483,948	$18,040,426	$17,595,993
Revenue	$1,682,037	$1,448,170	$911,690
Expenses	$1,243,827	$997,138	$679,139
Qualifying Distributions	$1,022,603	$797,159	$400,800
Net Investment Income	$1,460,813	$1,248,191	$633,351
Distributable Amount	$1,036,735	$889,658	$895,511

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

41 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mount De Sales Academy ($350,000), Depaul USA ($250,000), New Town Macon ($200,000).

Recipient	Purpose	Amount
Depaul USA Macon, GA	General Purpose of Organization	$250,000
Middle Georgia State University Macon, GA	General Purpose or Organization	$154,375
Mount De Sales Academy Macon, GA	General Purpose of Organization	$350,000
New Town Macon Macon, GA	General Purpose of Organization	$200,000
St Joseph Catholic School Macon, GA	General Purpose of Organization	$68,228

Leadership & Key People

Leadership team and compensation from IRS filings

Chris Sheridan - President of the Sheridan Foundation and Chairman of the Sheridan Foundation Board of Directors

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Chris Robert Sheridan	Chairman of Board/Director	—	—
J Patrick Meyer	Director	—	—
Stephanie S Glawson	Director	—	—
Alicia Kelly	Director	—	—

Recent News & Activity

Recent developments and announcements

2024

In August 2024, the foundation committed $450,000 over three years to Middle Georgia State University to establish emergency funding for students facing financial hardship that could prevent them from completing their degrees.

Phil J. and Alice S. Sheridan Foundation Commit $450,000 to Support MGA Students

2021

In June 2021, the foundation pledged $1 million to NewTown Macon's Godsey Initiatives Fund to support the development of a Community Development Financial Institution. This initiative provides coaching, funding, and capital to underserved real estate developers and entrepreneurs, with a focus on supporting businesses and real estate projects owned by entrepreneurs of color and women in Macon-Bibb County.

MONDAY, MARCH 2, 2026 Ad - Sheridan Community Foundation - The Sheridan Press

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Phil J & Alice S Sheridan fund?

The foundation's mission centers on providing opportunities to people with significant financial challenges. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Housing and supportive housing shelters • Women's shelters • Community and economic development

How do I apply for a grant from Phil J & Alice S Sheridan?

**Grant Amounts:** Typical awards range from $1,630 to $400,000. **Recent Grants:** • $450,000 commitment over three years to Middle Georgia State University (2024) to support student emergency financial needs • $1,000,000 pledge to NewTown Macon's Godsey Initiatives Fund (2021) to support the creation of a Community Development Financial Institution providing loan capital to entrepreneurs of color and women-owned businesses in Macon-Bibb County **Annual Giving:** Total giving of $1,022,603 (ba…

Where does Phil J & Alice S Sheridan make grants?

The foundation primarily funds organizations and initiatives in Georgia, with particular emphasis on the Macon-Bibb County area.

What size grants does Phil J & Alice S Sheridan award?

In 2024, Phil J & Alice S Sheridan awarded 5 grants totaling $1.0M — an average of about $205K per grant, based on its IRS Form 990 filings.

How much is Phil J & Alice S Sheridan required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Phil J & Alice S Sheridan reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.