Sherwood PALS Inc

Foundation · Grantmaker Sherwood, MD EIN: 87-1005317

Community Improvement & Capacity Building

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.

Key facts about Sherwood PALS Inc

EIN: 87-1005317
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $5,856
Grants made (2024): 4
Average grant: $1,464
Median grant: $878
Total assets: $8,467
Primary geography: Maryland (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Sherwood PALS Inc funds

By grant dollars, the top recipient states for Sherwood PALS Inc's 4 itemized 2024 grants were Maryland (100%). The most frequent recipient cities were Tilghman, MD (3 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How Sherwood PALS Inc gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Sherwood PALS Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8K

-14.9% YoY

Annual Giving

$6K

+0.6% YoY

Grant Count

-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

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $6K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Maryland

Cities

SherwoodTilghmanNeavittWittman

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sherwood United Methodist Church ($3,701), Tilghman Elementary Christmas Drive ($1,355), Madison Haddaway ($400).

Recipient	Purpose	Amount
Sherwood United Methodist Church Sherwood, MD	Support for equipment repairs and operation of historic Church building	$3,701
Tilghman Elementary Christmas Drive Tilghman, MD	Grocery gift cards for families identified by school	$1,355
Madison Haddaway Tilghman, MD	To support recovery from traumatic injury	$400
Helping Hands Tilghman, MD	To support meal delivery and food pantry services	$400

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Laura Manfuso	President	1	—
Maggie Jarboe	Vice President	1	—
Ann Smith	Secretary	1	—
Linda Baum	Treasurer	2	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

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.