The Al Sherman Foundation
The Al Sherman Foundation is a private foundation, based in Cottonwood, AZ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.7M in total assets. In 2025, it awarded 1 grant totaling $75K. Net investment income was $80K.
Key facts about The Al Sherman Foundation
In short: The Al Sherman Foundation gave $75K across 1 grant in 2025 (avg $75K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 95-4140430
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $75,000
- Grants made (2025)
- 1
- Average grant
- $75,000
- Median grant
- $75,000
- Total assets
- $7,736,500
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.7M
+14.1% YoY
Annual Giving
$75K
-31.8% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$75K
+104.5% YoY
Under IRS private-foundation payout rules, The Al Sherman Foundation reported a distributable amount of $106K for 2025 — the minimum it must pay out in qualifying distributions.
How The Al Sherman Foundation gives
- Giving fell 32% from 2022 to 2025. Method
- In 2025 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $25K (2019) to $110K (2024). In 2025 it made 1 grant totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was John Wayne Cancer Institute Auxilia ($75K).
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 12 grants of 13 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| John Wayne Cancer Institute Auxilia Santa Monica, CA | Research | $75,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,736,500 | $6,779,896 | $8,143,579 |
| Revenue | $80,488 | $1,298,316 | $2,404,562 |
| Expenses | $130,429 | $214,422 | $204,031 |
| Qualifying Distributions | $75,000 | $110,000 | $110,000 |
| Net Investment Income | $80,488 | $1,298,316 | $2,404,562 |
| Distributable Amount | $106,063 | $375,302 | $469,235 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS August 10, 2026)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The Al Sherman Foundation is led by Dick Sherman, Director on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Dick Sherman
Director
On filings since 2019
6 hrs/week
$10K (2020) → $0 (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $23K, to Dick Sherman (Director).
Frequently asked questions about The Al Sherman Foundation
How much does The Al Sherman Foundation give each year?
The Al Sherman Foundation gave $75K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $110K across 3 grants.
How large is The Al Sherman Foundation?
The Al Sherman Foundation reported $7.7M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Al Sherman Foundation operate?
The Al Sherman Foundation has awarded grants in California, Hawaii.
What is The Al Sherman Foundation's EIN?
The Al Sherman Foundation's EIN (Employer Identification Number) is 95-4140430. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Al Sherman Foundation by hand.
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