Sherie H Hammerman Charitable Trust

BOCA RATON, FL EIN: 85-4064141

Sherie H Hammerman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 2 grants totaling $125K. Net investment income was $277K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.0M

-0.4% YoY

Annual Giving

$125K

+150.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$63K

+25.0% YoY

Under IRS private-foundation payout rules, Sherie H Hammerman Charitable Trust reported a distributable amount of $272K for 2024 — the minimum it must pay out in qualifying distributions.

About Sherie H Hammerman Charitable 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 $420K (64%)

Florida $235K (36%)

States

Florida New York

Cities

Boca RatonDelray BeachNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,975,905	$4,995,632	$5,255,722
Revenue	$322,323	$-142,120	$103,076
Expenses	$183,519	$117,766	$340,801
Qualifying Distributions	$125,000	$50,000	$240,000
Net Investment Income	$276,881	$95,697	—
Distributable Amount	$271,801	$234,515	$237,100

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Florida Atlantic University Foundation Inc ($75,000), Birthright Israel Foundation ($50,000).

Recipient	Purpose	Amount
BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY	FUNDRAISING AND PROGRAMS OFFERING JEWISH YOUTH AN EDUCATIONAL TRIP TO ISRAEL.	$50,000
FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC BOCA RATON, FL	TO SUPPORT THE UNIVERSITY WITH PRIVATE FUNDS TO ENHANCE ITS EDUCATIONAL RESEARCH AND COMMUNITY ENGAGEMENT INITIATIVES.	$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PAUL GHOUGASIAN	TRUSTEE	2	$32,623

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Sherie H Hammerman Charitable Trust?

Sherie H Hammerman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $5.0M in total assets as of 2024.

How large is Sherie H Hammerman Charitable Trust?

As of 2024, Sherie H Hammerman Charitable Trust holds $5.0M in total assets with $322K in annual revenue. It awarded 2 grants totaling $125K in 2024.

Where does Sherie H Hammerman Charitable Trust operate?

Sherie H Hammerman Charitable Trust has awarded grants in Florida, New York.

What size grants does Sherie H Hammerman Charitable Trust award?

In 2024, Sherie H Hammerman Charitable Trust awarded 2 grants totaling $125K — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Sherie H Hammerman Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherie H Hammerman Charitable Trust reported a distributable amount of $272K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sherie H Hammerman Charitable Trust's EIN?

Sherie H Hammerman Charitable Trust's EIN (Employer Identification Number) is 85-4064141. IRS Form 990 filing data is available on this page for 2020–2024.