Sherie H Hammerman Charitable Trust

Private foundation · Grantmaker Boca Raton, FL EIN: 85-4064141

Sherie H Hammerman Charitable Trust is a private foundation, 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.

Sherie H Hammerman Charitable Trust at a glance

In short: Sherie H Hammerman Charitable Trust gave $125K across 2 grants in 2024 (avg $63K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$125,000
+150.0% vs 2023
Grants made (2024)
2
+100.0% vs 2023
Average grant
$62,500
+25.0% vs 2023
Median grant
$62,500
Total assets
$4,975,905
-0.4% vs 2023
Primary geography
Florida (60% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Sherie H Hammerman Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Florida Atlantic University Foundation Inc: $75KFlorida Atlantic UniversityFoundation Inc$75KBirthright Israel Foundation: $50KBirthright Israel Foundation$50K

The largest 2024 recipient was Florida Atlantic University Foundation Inc ($75K). Together the top 2 received $125K.

Grant Size Distribution

9 grants across all recorded years

<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

New YorkDelray BeachBoca Raton

How Sherie H Hammerman Charitable Trust gives

  • Giving fell 48% from 2021 to 2024. Method
  • In 2024 it paid out 46% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2020 3 grants2021 3 grants2022 1 grant2023 2 grants2024

From 2021 to 2024, annual grant giving ranged from $50K (2023) to $240K (2022). In 2024 it made 2 grants totaling $125K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Florida Atlantic University Foundation Inc Boca Raton, FLTo support the university with private funds to enhance its educational research and community engagement initiatives.$75,000
Birthright Israel Foundation New York, NYFundraising and programs offering jewish youth an educational trip to israel.$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$4,975,905$322,323$183,519$125,0002$125,000$276,881$271,801
2023$4,995,632$-142,120$117,766$50,0001$50,000$95,697$234,515
2022$5,255,722$103,076$340,801$240,0003$240,000—$237,100
2021$5,491,207$4,846,710$300,898$240,0003$240,000$87,597$174,705
2020$945,287$945,287————$2$3,699

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.

Leadership & Key People

Officers and directors from IRS filings

Sherie H Hammerman Charitable Trust is led by Paul Ghougasian, Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Paul Ghougasian

    Trustee

    On filings since 2020

    2 hrs/week

    $18K (2021) → $33K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Paul Ghougasian — Trustee: $33KPaul GhougasianTrustee$33K

The highest reported compensation on the 2024 filing was $33K, to Paul Ghougasian (Trustee).

Frequently asked questions about Sherie H Hammerman Charitable Trust

How much does Sherie H Hammerman Charitable Trust give each year?

Sherie H Hammerman Charitable Trust gave $125K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.

How large is Sherie H Hammerman Charitable Trust?

Sherie H Hammerman Charitable Trust reported $5.0M in total assets on its 2024 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $272K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Sherie H Hammerman Charitable Trust operate?

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

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Sherie H Hammerman Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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