Shermer Charitable Foundation

PENNINGTON, NJ EIN: 74-6515281

Shermer Charitable Foundation is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $189K in total assets. In 2025, it awarded 5 grants totaling $24K. Net investment income was $25K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$189K

-0.1% YoY

Annual Giving

$24K

-1.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

-1.1% YoY

Under IRS private-foundation payout rules, Shermer Charitable Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

About Shermer Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $92K (90%)

Georgia $10K (10%)

States

Florida Georgia

Cities

BrookhavenClearwaterLive Oak

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$188,815	$189,074	$201,915
Revenue	$27,625	$15,308	$20,433
Expenses	$27,880	$28,115	$27,954
Qualifying Distributions	$25,391	$26,375	$25,965
Net Investment Income	$25,211	$13,613	$18,785
Distributable Amount	$11,109	$11,180	$11,476

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Hospice of the Florida Suncoast Inc ($7,153), Everybod's Tabernacle ($4,769), Florida Sheriffs Youth Ranches Inc ($4,769).

Recipient	Purpose	Amount
Everybod's Tabernacle CLEARWATER, FL	UNRESTRICTED GENERAL	$4,769
FLORIDA SHERIFFS YOUTH RANCHES INC LIVE OAK, FL	UNRESTRICTED GENERAL	$4,769
THE SALVATION ARMY BROOKHAVEN, GA	UNRESTRICTED GENERAL	$2,384
HOSPICE OF THE FLORIDA SUNCOAST INC CLEARWATER, FL	UNRESTRICTED GENERAL	$7,153
MORTON PLANT MEASE HEALTH CARE CLEARWATER, FL	UNRESTRICTED GENERAL	$4,769

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	1	$3,868
LINDA BETH VITALE	TRUSTEE	1	—

Frequently Asked Questions

How large is Shermer Charitable Foundation?

As of 2025, Shermer Charitable Foundation holds $189K in total assets with $28K in annual revenue. It awarded 5 grants totaling $24K in 2025.

Where does Shermer Charitable Foundation operate?

Shermer Charitable Foundation has awarded grants in Florida, Georgia.

What size grants does Shermer Charitable Foundation award?

In 2025, Shermer Charitable Foundation awarded 5 grants totaling $24K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Shermer Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Shermer Charitable Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.