Sherman N and Rita F Siegel Foundation

PALM BEACH GARDENS, FL EIN: 85-3392306

Sherman N and Rita F Siegel Foundation is a private foundation, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 12 grants totaling $271K. Net investment income was $285K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.4M

-1.4% YoY

Annual Giving

$271K

+5911.1% YoY

Grant Count

12

+500.0% YoY

Avg Grant Size

$23K

+901.9% YoY

Under IRS private-foundation payout rules, Sherman N and Rita F Siegel Foundation reported a distributable amount of $344K for 2024 — the minimum it must pay out in qualifying distributions.

About Sherman N and Rita F Siegel Foundation

Based on IRS filings

Sherman N and Rita F Siegel Foundation is a private foundation, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 12 grants totaling $271K. Net investment income was $285K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

DenverJupiterLa JollaLake WorthMilwaukeeNorth Palm BeachNotre DamePalm BeachPalm Beach GardensSapphireTequestaWest Palm BeachWest Plam Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$6,395,420$6,486,958$6,564,848
Revenue$320,200$136,918$5,925,347
Expenses$411,738$214,808$374,097
Qualifying Distributions$289,806$4,500$332,500
Net Investment Income$284,893$87,653$310,495
Distributable Amount$344,007$320,211$224,722

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$166K$249K$333K0 grants20200 grants20217 grants20222 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JUPITER MEDICAL CENTER F…$165KMOUNTS BOTANICAL GARDENS$25KFRIENDS OF MANATEE LAGOON$25KCANCER ALLIANCE OF HEALT…$11KHANLEY FOUNDATION$10KROSARIAN ACADEMY$10KFLAGLER MUSEUM$10KSCRIPPS RESEARCH$5KPII FOUNDATION$4KCAMP MERRIE WOODE$3K

Grant Size Distribution

21 grants across all recorded years

19<$50K$50–100K2$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 Jupiter Medical Center Foundation ($165,000), Mounts Botanical Gardens ($25,000), Friends of Manatee Lagoon ($25,000).

RecipientPurposeAmount
JUPITER MEDICAL CENTER FOUNDATION JUPITER, FLMEDICAL CENTER$165,000
PII FOUNDATION DENVER, COTHE PII FOUNDATION IS A US-BASED NON-PROFIT ORGANISATION ESTABLISHED TO FUND AND RESOURCE HUMANITARIAN INITIATIVES DELIVERING VIRTUAL CARE FOR THE MOST VULNERABLE ANYWHERE, ANYTIME.$4,000
CANCER ALLIANCE OF HEALTH & HOPE PALM BEACH, FLTO ENSURE A FUTURE FREE OF BURDENS FOR CANCER PATIENTS$11,000
HANLEY FOUNDATION WEST PALM BEACH, FLTO ELIMINATE ADDICTION THROUGH PREVENTION, ADVOCACY, TREATMENT, AND RECOVERY SUPPORT.$10,000
BALLEN ISLES CHARITY FOUNDATION PALM BEACH GARDENS, FLSUPPORT FOR LOCAL FOOD PANTRIES, COMMUNITY AND VETERANS SUPPORT GROUPS.$2,000
CAMP MERRIE WOODE SAPPHIRE, NCSUPPORT CAMPERSHIPS, OUTSTANDING PROGRAMMING, AND MAINTAIN HISTORIC BUILDINGS AND GROUNDS.$3,000
SCRIPPS RESEARCH LA JOLLA, CASUPPORT GROUNDBREAKING RESEARCHTO CHANGE GLOBAL HEALTH.$5,000
ROSARIAN ACADEMY WEST PALM BEACH, FLSUPPORT PROFESSIONAL DEVELOPMENT AND FINANCIAL AID TO STUDENTS IN NEED.$10,000
MOUNTS BOTANICAL GARDENS WEST PALM BEACH, FLTO INSPIRE AND EDUCATION THROUGH NATURE.$25,000
FRIENDS OF MANATEE LAGOON WEST PALM BEACH, FLTO EXPAND ENVIRONMENTAL EDUCATION OPPORTUNITIES IN PALM BEACH COUNTY.$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RANDELL C DOANEPRESIDENT2
REBECCA G DOANEVICE PRESIDENT2
H BRYAN DOANESECY4

Frequently Asked Questions

How large is Sherman N and Rita F Siegel Foundation?

As of 2024, Sherman N and Rita F Siegel Foundation holds $6.4M in total assets with $320K in annual revenue. It awarded 12 grants totaling $271K in 2024.

Where does Sherman N and Rita F Siegel Foundation operate?

Sherman N and Rita F Siegel Foundation has awarded grants in California, Colorado, Florida, Indiana, North Carolina, Wisconsin.

What size grants does Sherman N and Rita F Siegel Foundation award?

In 2024, Sherman N and Rita F Siegel Foundation awarded 12 grants totaling $271K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Sherman N and Rita F Siegel Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherman N and Rita F Siegel Foundation reported a distributable amount of $344K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sherman N and Rita F Siegel Foundation's EIN?

Sherman N and Rita F Siegel Foundation's EIN (Employer Identification Number) is 85-3392306. 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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