Sherwood Family Foundation
Sherwood Family Foundation is a private foundation, based in Naples, FL. IRS filing data is available from 2019 through 2023. In 2023, it awarded 3 grants totaling $583K. Net investment income was $74K.
Key facts about Sherwood Family Foundation
In short: Sherwood Family Foundation gave $583K across 3 grants in 2023 (avg $194K), mostly in Ohio. Source: 2023 IRS Form 990-PF.
- EIN
- 38-3393640
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $583,248
- Grants made (2023)
- 3
- Average grant
- $194,416
- Median grant
- $192,672
- Primary geography
- Ohio (66% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$583K
+1473.2% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$194K
+2521.9% YoY
Under IRS private-foundation payout rules, Sherwood Family Foundation reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.
How Sherwood Family Foundation gives
- Giving grew 1834% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $25K (2021) to $583K (2023). In 2023 it made 3 grants totaling $583K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was Fidelity Charitable ($386K). Together the top 3 received $583K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 38 grants of 40 (95%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Cincinnati, OH | Unrestricted Grant to General Fund | $385,576 |
| National Philanthropic Trust Jenkintown, PA | Unrestricted Grant to General Fund | $192,672 |
| Naples United Church Naples, FL | Unrestricted Grant to General Fund | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $512,128 | $530,406 |
| Revenue | $73,610 | $24,057 | $38,763 |
| Expenses | $583,248 | $37,850 | $25,245 |
| Qualifying Distributions | $583,248 | $37,463 | $24,863 |
| Net Investment Income | $73,610 | $23,448 | $37,676 |
| Distributable Amount | $9,295 | $29,909 | $31,994 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS December 14, 2023)
- IRS filings on file for fiscal years 2019–2023
Leadership & Key People
Officers and directors from IRS filings
Sherwood Family Foundation is led by Mark Sherwood, President & Secretary since 2023 (on filings since 2022); none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Mark Sherwood
President & Secretary
Director → President & Secretary, 2023
On filings since 2022
0.5 hrs/week
No compensation reported
Ann Sherwood
Director
On filings since 2022
0.5 hrs/week
No compensation reported
David Sherwood
Director
On filings since 2022
0.5 hrs/week
No compensation reported
B. P. Sherwood III
Treasurer
Secretary & Treasurer → Treasurer, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Marilyn W. Sherwood (2019–2022) — President & Secretary
Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Sherwood Family Foundation
How much does Sherwood Family Foundation give each year?
Sherwood Family Foundation gave $583K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $37K across 5 grants.
What is Sherwood Family Foundation's typical grant size?
Sherwood Family Foundation's median grant in 2023 was $192,672, and its average grant was $194,416, across 3 grants on its 2023 IRS Form 990-PF.
Where does Sherwood Family Foundation give grants?
Sherwood Family Foundation gives mostly in Ohio: 66% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (33%).
Does Sherwood Family Foundation give general operating support?
Yes: 100% of Sherwood Family Foundation's 2023 grants with a stated purpose (3 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.
How much is Sherwood Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Sherwood Family Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sherwood Family Foundation's EIN?
Sherwood Family Foundation's EIN (Employer Identification Number) is 38-3393640. IRS Form 990 filing data is available on this page for 2019–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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