Sherwood Foundation

ROUND ROCK, TX EIN: 47-5081192

Sherwood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 11 grants totaling $184K. Net investment income was $347K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+20.2% YoY

Annual Giving

$184K

-34.9% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$17K

-34.9% YoY

Under IRS private-foundation payout rules, Sherwood Foundation reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.

About Sherwood Foundation

Based on IRS filings

Sherwood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 11 grants totaling $184K. Net investment income was $347K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AbileneAustinBenbrookDallasDentonFort WorthGeorgetownHaltom CityHoustonIrvingLewisvilleLiberty HillLubbockSaladoSan AntoniaSan AntonioSan Saba

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$524K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,866,260$1,552,197$1,908,246
Revenue$854,537$36,803$1,521,417
Expenses$331,815$392,852$388,330
Qualifying Distributions$327,241$351,459$299,033
Net Investment Income$346,985$31,599$543,448
Distributable Amount$74,731$87,661$77,938

Giving Over Time

Total grant dollars and number of grants per year

$0$75K$150K$224K$299K23 grants202026 grants202129 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Texas Tech University$37KTexas Tech University$32KTexas Tech University$27KTexas Tech University$21KTexas Tech University$18KTexas Tech University$16KTexas Tech University$15KTexas Tech University$11KTexas Tech University$3KTexas Tech University He…$3K

Grant Size Distribution

100 grants across all recorded years

99<$50K1$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 Texas Tech University ($36,715), Texas Tech University ($32,350), Texas Tech University ($26,798).

RecipientPurposeAmount
Abilene Christian University Abilene, TXScholarship for Z. Espinosa-Guzman ($2,500).$2,500
Texas Tech University Health Scienc Lubbock, TXScholarships for S. Garcia ($400) and R. Gonzales ($2,500).$2,900
Texas Tech University Lubbock, TXScholarships for J. Adams ($500), J. Alaquinez ($6,800), and M. Armstrong ($7,500).$14,800
Texas Tech University Lubbock, TXScholarships for C. Arredondo ($1,300), H. Barajas ($7,500), and B. Briseno ($1,700).$10,500
Texas Tech University Lubbock, TXScholarships for J. Bustamante ($3,850), A. Cadenas ($7,500), and A. Cebreco ($6,250).$17,600
Texas Tech University Lubbock, TXScholarships for M. Cervantes ($2,500), P. Cuellar ($5,900), M. De La Vega ($2,500), and D. Esparza ($5,000).$15,900
Texas Tech University Lubbock, TXScholarships for E. Garcia ($6,250), C. Gil ($13,500), E. Haagen ($5,100), and J. Haagen ($7,500).$32,350
Texas Tech University Lubbock, TXScholarships for J. Lambert ($8,937), D. McDaniel ($7,500), C. McHam ($11,500), and N. McLaren ($8,778).$36,715
Texas Tech University Lubbock, TXScholarships for J. Medina ($4,600), T. Morales ($5,000), O. Nguyen ($5,000), and A. Ortiz ($6,250).$20,850
Texas Tech University Lubbock, TXScholarships for K. Petrie ($7,300), K. Rodriguez ($6,598), E. Romero ($5,400), and A. Saldivar ($7,500).$26,798

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Steven J SherwoodPresident2
Brenda SherwoodSecretary0.5
Tracy HayesDirector3
Jennifer ReveringDirector0.5
Michael VossDirector3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sherwood Foundation?

Sherwood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROUND ROCK, TX. It holds $1.9M in total assets as of 2024.

How large is Sherwood Foundation?

As of 2024, Sherwood Foundation holds $1.9M in total assets with $855K in annual revenue. It awarded 11 grants totaling $184K in 2024.

Where does Sherwood Foundation operate?

Sherwood Foundation has awarded grants in Texas.

What size grants does Sherwood Foundation award?

In 2024, Sherwood Foundation awarded 11 grants totaling $184K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Sherwood Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherwood Foundation reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sherwood Foundation's EIN?

Sherwood Foundation's EIN (Employer Identification Number) is 47-5081192. 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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