Rick Sharp ALZ Foundation
The Foundation was founded by Sherry Sharp for the purpose of ending Alzheimer's disease and related cognitive diseases by inspiring collaboration for research and fund raising. The Foundation is named after Mrs. Sharp's late husband, Richard L. Sharp, who died from a rare form of Alzheimer's in June 2014.
Rick Sharp ALZ Foundation at a glance
In short: Rick Sharp ALZ Foundation gave $533K across 3 grants in 2025 (avg $178K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $533,334
- +33.3% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $177,778
- +33.3% vs 2024
- Median grant
- $100,000
- Total assets
- $815,546
- -25.7% vs 2024
- Primary geography
- Massachusetts (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Rick Sharp ALZ Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Alzheimers Disease Rsrch Fnd ($333K). Together the top 3 received $533K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $100–250K range: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Rick Sharp ALZ Foundation gives
- Giving held roughly steady from 2022 to 2025 (+18%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $275K (2020) to $533K (2025). In 2025 it made 3 grants totaling $533K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alzheimers Disease Rsrch Fnd Wellesley Hills, MA | To fund Alzheimer's research | $333,334 |
| John Hopkins University Baltimore, MD | To fund Alzheimer's research | $100,000 |
| University of Virginia Charlottesville, VA | To fund Alzheimer's research | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $815,546 | $637,499 | $686,413 | $533,334 | 3 | $285,507 |
| 2024 | $1,098,168 | $485,163 | $567,544 | $400,000 | 3 | $87,295 |
| 2023 | $1,221,951 | $532,206 | $604,214 | $418,510 | 3 | $94,231 |
| 2022 | $1,326,199 | $888,776 | $654,513 | $451,000 | 3 | $36,143 |
| 2021 | $1,126,907 | $702,010 | $596,221 | $422,500 | 3 | $12,729 |
| 2020 | $1,020,892 | $857,649 | $527,937 | $275,000 | 3 | $11,204 |
About Rick Sharp ALZ Foundation
Based on IRS filings
Rick Sharp ALZ Foundation is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $816K in total assets. In 2025, it awarded 3 grants totaling $533K. Net investment income was $286K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Rick Sharp ALZ Foundation is led by Sherry A. Sharp, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sherry A. Sharp
President
On filings since 2020
3 hrs/week
No compensation reported
J. Rand Baggesen MD
Director
On filings since 2020
1 hr/week
No compensation reported
Richard S. Birnbaum
Director
On filings since 2020
10 hrs/week
No compensation reported
W. Jefferson O'Flaherty
Director
On filings since 2020
1 hr/week
No compensation reported
W. Stephen Cannon
Director
On filings since 2020
1 hr/week
No compensation reported
William Giff Breed
Director
On filings since 2020
1 hr/week
No compensation reported
James P. Karides CPA
Secretary & Treasurer
Treasurer → Secretary & Treasurer, 2024
On filings since 2020
5 hrs/week
No compensation reported
Former officers (1)
- Former: Cheryl R. Jennings (2020–2023) — Secretary
Data from IRS Form 990 filings, 2020–2025. "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 Rick Sharp ALZ Foundation
How much does Rick Sharp ALZ Foundation give each year?
Rick Sharp ALZ Foundation gave $533K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $400K across 3 grants.
What is Rick Sharp ALZ Foundation's typical grant size?
Rick Sharp ALZ Foundation's median grant in 2025 was $100,000, and its average grant was $177,778, across 3 grants on its 2025 IRS Form 990.
Where does Rick Sharp ALZ Foundation give grants?
Rick Sharp ALZ Foundation gives mostly in Massachusetts: 63% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Maryland (19%) and Virginia (19%).
Does Rick Sharp ALZ Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Rick Sharp ALZ Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "To fund Alzheimer's research" (3 grants).
How large is Rick Sharp ALZ Foundation?
Rick Sharp ALZ Foundation reported $816K in total assets on its 2025 IRS Form 990. Its revenue that year was $637K.
What is Rick Sharp ALZ Foundation?
Rick Sharp ALZ Foundation is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Virginia Beach, VA. It holds $816K in total assets as of 2025.
What is Rick Sharp ALZ Foundation's EIN?
Rick Sharp ALZ Foundation's EIN (Employer Identification Number) is 46-4438822. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 17, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 20, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2020–2024
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