Sherwood PALS Inc

SHERWOOD, MD EIN: 87-1005317

Sherwood PALS Inc is a private foundation focused on Community Improvement & Capacity Building, based in SHERWOOD, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 4 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8K

-14.9% YoY

Annual Giving

$6K

+0.6% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$1K

+50.9% YoY

Under IRS private-foundation payout rules, Sherwood PALS Inc reported a distributable amount of $334 for 2024 — the minimum it must pay out in qualifying distributions.

About Sherwood PALS Inc

Based on IRS filings

Sherwood PALS Inc is a private foundation focused on Community Improvement & Capacity Building, based in SHERWOOD, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 4 grants totaling $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

NeavittSherwoodTilghmanWittman

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$6K$10K$13K2021202220232024
Metric202420232022
Total Assets$8,467$9,951$5,370
Revenue$7,952$10,752$8,317
Expenses$9,436$6,177$11,767
Qualifying Distributions$5,856$6,006$11,767
Net Investment Income$4
Distributable Amount$334

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$11K0 grants20219 grants20226 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Sherwood United Methodis…$4KTilghman Elementary Chri…$1KMadison Haddaway$400Helping Hands$400

Grant Size Distribution

19 grants across all recorded years

19<$50K$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 Sherwood United Methodist Church ($3,701), Tilghman Elementary Christmas Drive ($1,355), Madison Haddaway ($400).

RecipientPurposeAmount
Madison Haddaway Tilghman, MDTo support recovery from traumatic injury$400
Helping Hands Tilghman, MDTo support meal delivery and food pantry services$400
Tilghman Elementary Christmas Drive Tilghman, MDGrocery gift cards for families identified by school$1,355
Sherwood United Methodist Church Sherwood, MDSupport for equipment repairs and operation of historic Church building$3,701

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Laura ManfusoPresident1
Maggie JarboeVice President1
Ann SmithSecretary1
Linda BaumTreasurer2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sherwood PALS Inc?

Sherwood PALS Inc is a private foundation focused on Community Improvement & Capacity Building, based in SHERWOOD, MD. It holds $8K in total assets as of 2024.

How large is Sherwood PALS Inc?

As of 2024, Sherwood PALS Inc holds $8K in total assets with $8K in annual revenue. It awarded 4 grants totaling $6K in 2024.

Where does Sherwood PALS Inc operate?

Sherwood PALS Inc has awarded grants in Maryland.

What size grants does Sherwood PALS Inc award?

In 2024, Sherwood PALS Inc awarded 4 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Sherwood PALS Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sherwood PALS Inc reported a distributable amount of $334 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sherwood PALS Inc's EIN?

Sherwood PALS Inc's EIN (Employer Identification Number) is 87-1005317. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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