The Al Sherman Foundation
The Al Sherman Foundation is a private foundation, based in COTTONWOOD, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 3 grants totaling $110K. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
-16.7% YoY
Annual Giving
$110K
+0.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$37K
+0.0% YoY
Under IRS private-foundation payout rules, The Al Sherman Foundation reported a distributable amount of $375K for 2024 — the minimum it must pay out in qualifying distributions.
About The Al Sherman Foundation
Based on IRS filings
The Al Sherman Foundation is a private foundation, based in COTTONWOOD, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 3 grants totaling $110K. Net investment income was $1.3M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,779,896 | $8,143,579 | $7,179,107 |
| Revenue | $1,298,316 | $2,404,562 | $237,555 |
| Expenses | $214,422 | $204,031 | $199,255 |
| Qualifying Distributions | $110,000 | $110,000 | $110,000 |
| Net Investment Income | $1,298,316 | $2,404,562 | $237,555 |
| Distributable Amount | $375,302 | $469,235 | $189,071 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hawaiian Youth Symphony ($40,000), St Johns Health Center Foundation ($40,000), Neighborhood Music School ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEIGHBORHOOD MUSIC SCHOOL LOS ANGELES, CA | Community music programs | $30,000 |
| HAWAIIAN YOUTH SYMPHONY HONOLULU, HI | COMMUNITY MUSIC PROGRAM | $40,000 |
| ST JOHNS HEALTH CENTER FOUNDATION SANTA MONICA, CA | RESEARCH | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DICK SHERMAN | Director | 6 | — |
Frequently Asked Questions
How large is The Al Sherman Foundation?
As of 2024, The Al Sherman Foundation holds $6.8M in total assets with $1.3M in annual revenue. It awarded 3 grants totaling $110K in 2024.
Where does The Al Sherman Foundation operate?
The Al Sherman Foundation has awarded grants in California, Hawaii.
What size grants does The Al Sherman Foundation award?
In 2024, The Al Sherman Foundation awarded 3 grants totaling $110K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is The Al Sherman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Al Sherman Foundation reported a distributable amount of $375K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Al Sherman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.