Sherwood Fund
Sherwood Fund is a private foundation, based in Middleburg, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96.8M in total assets. In 2024, it made $14.4M in qualifying distributions. Net investment income was $13.0M.
Sherwood Fund at a glance
- Total assets
- $96,828,039
- +14.6% vs 2023
- Revenue (2024)
- $13,124,280
- -47.8% vs 2023
- Qualifying distributions (2024)
- $14,357,675
- +116.6% vs 2023
- Expenses (2024)
- $828,703
- +235.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Sherwood Fund funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $35K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rappu Inc Sperryville, VA | General Operations Support | $35,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $96,828,039 | $13,124,280 | $828,703 | — | — | $14,357,675 | $13,048,167 |
| 2023 | $84,521,461 | $25,158,281 | $247,336 | — | — | $6,628,339 | $5,022,028 |
| 2022 | $59,610,939 | $25,352,886 | $247,583 | — | — | $1,294,705 | $318,133 |
| 2021 | $33,799,330 | $33,040,100 | $125,497 | — | — | $106,582 | — |
| 2020 | $884,929 | $1,050,068 | $165,768 | $35,000 | 1 | — | — |
Leadership & Key People
Officers and directors from IRS filings
Sherwood Fund is led by Charles T. Akre Jr., President, Secretary & Treasurer on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles T. Akre Jr.
President, Secretary & Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Alexis A. Akre
Vice President
On filings since 2020
15 hrs/week
$10K (2020) → $0 (2024)
Andrew C. Akre
Vice President
On filings since 2020
1 hr/week
No compensation reported
Deanna S. Akre
Vice President
On filings since 2020
1 hr/week
No compensation reported
Thomas Sb Akre
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $25K, to Alexis a Akre (Vice President).
Frequently asked questions about Sherwood Fund
How large is Sherwood Fund?
Sherwood Fund reported $96.8M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $13.1M.
Where does Sherwood Fund operate?
Sherwood Fund has awarded grants in Virginia.
What is Sherwood Fund's EIN?
Sherwood Fund's EIN (Employer Identification Number) is 84-3511408. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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