Sherman Family Community Foundation Nfp

PEORIA HEIGHTS, IL EIN: 85-1294707

Sherman Family Community Foundation Nfp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55K in total assets. In 2024, it awarded 28 grants totaling $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$55K

-14.3% YoY

Annual Giving

$19K

-21.0% YoY

Grant Count

28

-15.2% YoY

Avg Grant Size

$689.107

-6.9% YoY

Under IRS private-foundation payout rules, Sherman Family Community Foundation Nfp reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Sherman Family Community Foundation Nfp

Based on IRS filings

Sherman Family Community Foundation Nfp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55K in total assets. In 2024, it awarded 28 grants totaling $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ApopkaBartonvilleBloomingtonCantonDelavanDunlapEast PeoriaElmwoodEurekaGlasfordGrovelandHanna CityKennesawLasalleMortonNormalPekinPeoriaPeoria HeightsSpring Valley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$54K$72K20202021202220232024
Metric202420232022
Total Assets$54,624$63,727$79,959
Revenue$14,000$12,000$22,000
Expenses$23,103$28,232$23,506
Qualifying Distributions$23,103$27,932$23,376
Net Investment Income
Distributable Amount$2,602$3,022$3,894

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$24K0 grants202012 grants202126 grants202233 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOPHIA'S KITCHEN$3KPERU HALL TOWNSHIP FOOD …$3KSALVATION ARMYSAFE HARBO…$3KTINERVIN FAMILY FOUNDATION$3KPRODUCT OF THE PROJECT$3KPEORIA CHRISTIAN CENTER$2KSAMS WOOFSTOCK$1KMAIN STREET PLAY CAFE$534HICKORY GROVE ELEMENTARY…$500THE MIRACLE LEAGUE OF IL…$500

Grant Size Distribution

99 grants across all recorded years

99<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sophia's Kitchen ($2,917), Peru Hall Township Food Pantry ($2,917), Salvation Armysafe Harbor-bloomington ($2,916).

RecipientPurposeAmount
HICKORY GROVE ELEMENTARY SCHOOL PTO DUNLAP, ILEVENT SPONSORSHIP$500
NICOLE BOGGS ELMWOOD, ILBEDDING FOR KIDS$50
PEORIA CHRISTIAN CENTER PEORIA, ILYOUTH SPORTS SPONSORSHIP$1,500
PRODUCT OF THE PROJECT PEORIA, ILPRODUCT OF THE PROJECT IS A 501(C)(3) ORGANIZANIZATION. THIS DONATION WAS FOR A BACK TO SCHOOL BACKPACK SPONSORSHIP.$2,500
SAMS WOOFSTOCK HANNA CITY, ILSAMS WOOFSTOCK IS A 501(C)(3) ORGANIZANIZATION. THIS WAS AN FUNDRAISER DONATION.$1,000
TINERVIN FAMILY FOUNDATION BLOOMINGTON, ILTINERVIN FAMILY FOUNDATION IS A 501(C)(3) ORGANIZANIZATION. THIS DONATION WAS A GOLF CLASSIC EVENT$2,750
EMILY SULBARAN PEORIA, ILBEDDING FOR KIDS$100
ALICE CURTIS PEORIA, ILBEDDING FOR KIDS$100
LA'NAJAH TOWNS PEORIA HEIGHTS, ILBEDDING FOR KIDS$50
ASHLEY GABORIAULT BARTONVILLE, ILBEDDING FOR KIDS$50

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL SHERMANPRESIDENT
JOHN WILLISVICE PRESIDENT / TREASURER
DAVID WEISSSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sherman Family Community Foundation Nfp?

Sherman Family Community Foundation Nfp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA HEIGHTS, IL. It holds $55K in total assets as of 2024.

How large is Sherman Family Community Foundation Nfp?

As of 2024, Sherman Family Community Foundation Nfp holds $55K in total assets with $14K in annual revenue. It awarded 28 grants totaling $19K in 2024.

Where does Sherman Family Community Foundation Nfp operate?

Sherman Family Community Foundation Nfp has awarded grants in Florida, Georgia, Illinois.

What size grants does Sherman Family Community Foundation Nfp award?

In 2024, Sherman Family Community Foundation Nfp awarded 28 grants totaling $19K — an average of about $689.107 per grant, based on its IRS Form 990 filings.

How much is Sherman Family Community Foundation Nfp required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherman Family Community Foundation Nfp reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sherman Family Community Foundation Nfp's EIN?

Sherman Family Community Foundation Nfp's EIN (Employer Identification Number) is 85-1294707. IRS Form 990 filing data is available on this page for 2020–2024.

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

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