The Al Sherman Foundation

COTTONWOOD, AZ EIN: 95-4140430

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

2states

Cities

HonoluluLos AngelesSanta Monica

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$661K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$28K$55K$83K$110K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

HAWAIIAN YOUTH SYMPHONY$40KST JOHNS HEALTH CENTER F…$40KNEIGHBORHOOD MUSIC SCHOOL$30K

Grant Size Distribution

15 grants across all recorded years

15<$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 Hawaiian Youth Symphony ($40,000), St Johns Health Center Foundation ($40,000), Neighborhood Music School ($30,000).

RecipientPurposeAmount
NEIGHBORHOOD MUSIC SCHOOL LOS ANGELES, CACommunity music programs$30,000
HAWAIIAN YOUTH SYMPHONY HONOLULU, HICOMMUNITY MUSIC PROGRAM$40,000
ST JOHNS HEALTH CENTER FOUNDATION SANTA MONICA, CARESEARCH$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DICK SHERMANDirector6

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.

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

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