Sherman Rotary Club Charitable and is a private foundation focused on Education, based in SHERMAN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $375K in total assets. In 2024, it awarded 9 grants totaling $32K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$375K
-2.2% YoY
Annual Giving
$32K
+16.7% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$4K
+55.6% YoY
Under IRS private-foundation payout rules, Sherman Rotary Club Charitable and reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About Sherman Rotary Club Charitable and
Based on IRS filings
Sherman Rotary Club Charitable and is a private foundation focused on Education, based in SHERMAN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $375K in total assets. In 2024, it awarded 9 grants totaling $32K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $374,948 | $383,408 | $420,567 |
| Revenue | $29,466 | $-1,751 | $44,689 |
| Expenses | $39,019 | $35,408 | $35,831 |
| Qualifying Distributions | $31,500 | $27,000 | $27,000 |
| Net Investment Income | $15,597 | $3,142 | $37,017 |
| Distributable Amount | $24,544 | $24,592 | $26,311 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Park Pride (sherman Parks and Recreation) ($17,000), Austin College ($5,500), Friends of Sherman Public Library ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN COLLEGE SHERMAN, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $5,500 |
| BAYLOR UNIVERSITY WACO, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $1,000 |
| FRIENDS OF SHERMAN PUBLIC LIBRARY SHERMAN, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $2,000 |
| GRAYSON COLLEGE FDN DENISON, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $1,000 |
| TEXAS A&M UNIVERSITY COLLEGE STATION, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $2,000 |
| UNIVERSITY OF NORTH TEXAS DENTON, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $1,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $1,000 |
| THE UNIVERSITY OF TEXAS AT TYLER TYLER, TX | TO PROMOTE THE EDUCATION OF SHERMAN YOUTH AND TO ENHANCE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $1,000 |
| PARK PRIDE (SHERMAN PARKS AND RECREATION) SHERMAN, TX | TO PROMOTE THE QUALITY OF LIFE IN SHERMAN, GRAYSON COUNTY, TX | $17,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERRY HOLBERT | FOUNDATION CHAIR | — | — |
| GREG PITTMAN | SECRETARY/TREASURER | — | — |
| DEBORAH BORING | VICE CHAIR | — | — |
| JOHN SPEARS | TRUSTEE | — | — |
| PAUL TERRELL | TRUSTEE | — | — |
| KENNY WALKER | TRUSTEE | — | — |
| SHIRLEY CHITWOOD | TRUSTEE | — | — |
| WENDY BROWN | TRUSTEE | — | — |
| TERESA JOHNSON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sherman Rotary Club Charitable and?
Sherman Rotary Club Charitable and is a private foundation focused on Education, based in SHERMAN, TX. It holds $375K in total assets as of 2024.
How large is Sherman Rotary Club Charitable and?
As of 2024, Sherman Rotary Club Charitable and holds $375K in total assets with $29K in annual revenue. It awarded 9 grants totaling $32K in 2024.
Where does Sherman Rotary Club Charitable and operate?
Sherman Rotary Club Charitable and has awarded grants in California, Florida, Iowa, Oklahoma, Texas.
What size grants does Sherman Rotary Club Charitable and award?
In 2024, Sherman Rotary Club Charitable and awarded 9 grants totaling $32K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sherman Rotary Club Charitable and required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherman Rotary Club Charitable and reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sherman Rotary Club Charitable and's EIN?
Sherman Rotary Club Charitable and's EIN (Employer Identification Number) is 75-1250453. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sherman Rotary Club Charitable and's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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