The Ned and Emily Sherwood Family
The Ned and Emily Sherwood Family is a private foundation based in Indianapolis, Indiana. It makes grants to qualified 501(c)(3) charitable organizations and does not directly participate in charitable activities; its directors’ activities are limited to administering grants.
Key facts about The Ned and Emily Sherwood Family
In short: The Ned and Emily Sherwood Family gave $1.6M across 54 grants in 2026 (avg $30K), top state Florida. 46% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- EIN
- 36-4273196
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $1,625,540
- Grants made (2026)
- 54
- Average grant
- $30,103
- Median grant
- $2,750
- New grantees (estimate)
- 46% first-time grantees (25 of 54, 2026)
- Total assets
- $2,482,612
- Primary geography
- Florida (42% of itemized 2026 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$2.5M
+16.3% YoY
Annual Giving
$1.6M
+63.2% YoY
Grant Count
54
+63.6% YoY
Avg Grant Size
$30K
-0.2% YoY
Under IRS private-foundation payout rules, The Ned and Emily Sherwood Family reported a distributable amount of $117K for 2026 — the minimum it must pay out in qualifying distributions.
Is The Ned and Emily Sherwood Family open to new grantees?
46%
first-time grantees, 2026
In 2026, 25 of 54 grantees (46%) were first-time recipients. First grants averaged $5K; repeat grants $52K. How we count
Medians: $263 first-time, $15K repeat.
- 48% of 2026 grantees were also funded in 2025. Method
- Giving grew 179% from 2023 to 2026. Method
- In 2026 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation does not state a mission in the available information. Its 2026 grants went to organizations with varied missions. For example, the Vero Beach Museum of Art says it provides exhibitions and educational, studio art, and humanities programs; New York University describes its primary missions as education, research and scholarship, and patient care. The Indian River Land Trust says it works to protect and promote the preservation of waterways, open spaces, and green places in Indian River County.
Other 2026 grantees describe work in chamber music, youth development through ultimate, health care, and services for people in need. These are the grantees’ stated missions, not stated priorities of the foundation.
Grantmaking
In 2026, the foundation reported 54 grants totaling $1,625,540. Awards ranged from $100 to $482,000, with a median grant of $2,750. The largest grants included $482,000 to Vero Beach Museum of Art, $240,000 to Brigham and Women’s Hospital, $225,000 to Columbia University, and $100,000 each to Boston Children’s Hospital and New York University. The listed grants were designated unrestricted.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The Ned and Emily Sherwood Family?
Geographic Focus
Where this funder awards grants
In 2026, the largest shares of grant dollars went to recipients in Florida (42%), New York (31%), and Massachusetts (22%). Recipients in North Carolina and California each received 2% of grant dollars.
Grant Distribution by State
Share of 2026 grant dollars across all 54 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $540K (2021) to $1.6M (2026). In 2026 it made 54 grants totaling $1.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Vero Beach Museum of Art ($482K). Together the top 10 received $1.4M.
Grant Size Distribution
190 grants across all recorded years
The most common grant size was under $50K: 161 grants of 190 (85%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vero Beach Museum of Art Vero Beach, FL | Unrestricted | $482,000 |
| Brigham and Women's Hospital Boston, MA | Unrestricted | $240,000 |
| Columbia University New York, NY | Unrestricted | $225,000 |
| Boston Children's Hospital Boston, MA | Unrestricted | $100,000 |
| New York University New York, NY | Unrestricted | $100,000 |
| Citysquash Bronx, NY | Unrestricted | $61,592 |
| New York Presbyterian Fund Inc New York, NY | Unrestricted | $50,000 |
| Riverside Theater Vero Beach, FL | Unrestricted | $40,000 |
| Indian River Land Trust Vero Beach, FL | Unrestricted | $35,000 |
| New York Junior Tennis League Long Island City, NY | Unrestricted | $31,100 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2026 | $2,482,612 | $1,986,892 | $1,638,936 | $1,625,540 |
| 2025 | $2,134,656 | $1,105,231 | $1,010,661 | $995,782 |
| 2024 | $2,040,086 | -$179,943 | $952,713 | $939,820 |
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $2,482,612 | $2,134,656 | $2,040,086 |
| Revenue | $1,986,892 | $1,105,231 | $-179,943 |
| Expenses | $1,638,936 | $1,010,661 | $952,713 |
| Qualifying Distributions | $1,625,540 | $995,782 | $939,820 |
| Net Investment Income | $173,496 | $90,352 | $79,768 |
| Distributable Amount | $117,489 | $88,820 | $92,356 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 4, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 9, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS December 10, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 27, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists these officers and directors:
- Ned L. Sherwood — President and Director
- Emily Layzer Sherwood — Vice President and Director
- Richard I. Sherwood — Treasurer and Director
- Matthew F. Sherwood — Secretary and Director
The Ned and Emily Sherwood Family is led by Ned L. Sherwood, President & Director on every filing since 2021; none of the 4 officers listed in 2026 report compensation.
Officers on the 2026 filing
Ned L. Sherwood
President & Director
On filings since 2021
No compensation reported
Emily Layzer Sherwood
Vice President & Director
On filings since 2021
2 hrs/week
No compensation reported
Matthew F. Sherwood
Sec'y & Director
On filings since 2021
No compensation reported
Richard I. Sherwood
Treasurer & Director
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: One Indiana Square 1200, Indianapolis, IN 46204
Phone: (317) 269-3454
Frequently asked questions about The Ned and Emily Sherwood Family
How much does The Ned and Emily Sherwood Family give each year?
The Ned and Emily Sherwood Family gave $1.6M across 54 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $996K across 33 grants.
What is The Ned and Emily Sherwood Family's typical grant size?
The Ned and Emily Sherwood Family's median grant in 2026 was $2,750, and its average grant was $30,103, across 54 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from The Ned and Emily Sherwood Family that year got $5K on average.
Where does The Ned and Emily Sherwood Family give grants?
The Ned and Emily Sherwood Family's top state is Florida, with 42% of the grant dollars itemized on its 2026 IRS Form 990-PF. The next largest states were New York (31%) and Massachusetts (22%). The most frequent recipient cities were Vero Beach, FL (14 grants), New York, NY (8 grants), Indian River Shores, FL (3 grants) and Boston, MA (2 grants).
Does The Ned and Emily Sherwood Family give general operating support?
Yes: 100% of The Ned and Emily Sherwood Family's 2026 grants with a stated purpose (54 of 54) were for general or operating support, per its 2026 IRS Form 990-PF.
Who are The Ned and Emily Sherwood Family's largest grantees?
The Ned and Emily Sherwood Family's largest 2026 grantees include Vero Beach Museum of Art ($482,000), Brigham and Women's Hospital ($240,000) and Columbia University ($225,000), according to its 2026 IRS Form 990-PF. Together they received 58% of its itemized 2026 grant dollars.
How large is The Ned and Emily Sherwood Family?
The Ned and Emily Sherwood Family reported $2.5M in total assets on its 2026 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $117K (roughly 5% of its investment assets).
What does The Ned and Emily Sherwood Family fund?
The foundation does not state a mission in the available information. Its 2026 grants went to organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from The Ned and Emily Sherwood Family?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Ned and Emily Sherwood Family's EIN?
The Ned and Emily Sherwood Family's EIN (Employer Identification Number) is 36-4273196. IRS Form 990 filing data is available on this page for 2021–2026.
Does The Ned and Emily Sherwood Family accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching The Ned and Emily Sherwood Family by hand.
Explore Open Grants
Browse active grant opportunities in The Ned and Emily Sherwood Family's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Indiana
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Lilly Endowment Inc
Indianapolis, IN
Lilly Endowment funds community development, education and youth, and religion, with priority given to Indianapolis and Indiana and some national support, especially for religion. Its 2025 grants had a median of $100,000, though awards varied widely; for community development requests, it suggests starting with a brief preliminary letter.
Assets
$105.9B
Grants
2,285
Total Given
$3.9B
National Collegiate Athletic Association
Indianapolis, IN
The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.
Assets
$1.1B
Grants
591
Total Given
$627.8M
Central Indiana Community Foundation Inc
Indianapolis, IN
Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.
Assets
$583.5M
Grants
525
Total Given
$31.1M
University of Notre Dame du Lac
Notre Dame, IN
The University of Notre Dame supports student aid, Catholic education and mission, research, academics, athletics, and other university priorities, with grants reported to organizations and institutions in multiple U.S. states. Its 2025 grants ranged from $5,500 to $36.5 million, with a median of $30,480; some specific programs solicit eligible proposals, but no general policy on unsolicited requests is stated.
Assets
$29.6B
Grants
462
Total Given
$84.8M
United Way of Central Indiana Inc
Indianapolis, IN
United Way of Central Indiana funds nonprofits addressing basic needs, early learning, economic mobility, safe and affordable housing, and organizational capacity in Boone, Hamilton, Hancock, Hendricks, Marion, Morgan, and Putnam counties. Its 2025 grants ranged from $86 to $1.74 million, with a median of $16,238. The profile does not state whether it accepts unsolicited requests.
Assets
$255.2M
Grants
370
Total Given
$29.9M
Lumina Foundation for Education Inc
Indianapolis, IN
Lumina Foundation funds research, policy, technical assistance, and initiatives that expand equitable access to education and credentials beyond high school, with a national focus. Its 2024 grants ranged from $500 to $2.51 million, with a median of $12,500. It says it does not accept unsolicited requests; funding is primarily proactive, with occasional open calls for proposals.
Assets
$1.5B
Grants
357
Total Given
$30.0M
Round Room Gives Inc
Fishers, IN
Round Room Gives supports community organizations and local charitable activities, including education, family services, health, and animal welfare, with grants across about 40 states. In 2024, grants ranged from $250 to $140,000, with a median of $3,452. It accepts applications through an online form on an ongoing basis; applicants must be 501(c)(3) organizations with a TCC employee sponsor.
Assets
$1.4M
Grants
357
Total Given
$1.8M
Indianapolis Center for Congregations Inc
Indianapolis, IN
The Center funds Indiana congregations’ focused projects, including resource needs such as consulting, planning, software, and education, as well as eligible equity-related work. Its 2024 grants had a median of $25,000 (ranging from $5,077 to $100,000); Resource Grants are matching grants of up to $25,000. Applicants are directed to contact a resource consultant, but whether unsolicited requests are accepted is not stated.
Assets
$62.6M
Grants
336
Total Given
$7.6M
Nina Mason Pulliam Charitable Trust
Indianapolis, IN
The Trust funds nonprofits helping people in need, protecting animals and nature, and enriching community life, primarily in Arizona and Indiana—especially metropolitan Phoenix and Indianapolis. There is no set grant range; most grants are under $250,000, with a 2024 median of $35,000. It does not accept unsolicited requests; proposals are considered by invitation.
Assets
$441.1M
Grants
328
Total Given
$22.7M
Nicholas H Noyes Jr Memorial
Carmel, IN
The foundation funds charitable organizations and educational institutions in arts and culture, education, health and human services, civic and community service, religion, and environmental initiatives, primarily in greater Indianapolis and central Indiana, including Indiana colleges and universities. In 2025, grants ranged from $2,500 to $300,000, with a median of $10,000. It accepts unsolicited requests through a letter of intent during designated application windows; full proposals are by invitation only.
Assets
$157.9M
Grants
305
Total Given
$6.4M
Community Foundation of Elkhart County Inc
Elkhart, IN
The Community Foundation of Elkhart County funds charitable work, with current priorities in career pathways, kids and families, and placemaking, as well as grants shaped by donor-restricted funds. Its 2025 grants ranged from $5,100 to $2,718,258, with a median of $25,000, primarily supporting organizations and residents connected to Elkhart County. It accepts ongoing applications for requests under $25,000; larger requests have set application dates, and applicants should first contact a program officer.
Assets
$501.7M
Grants
301
Total Given
$35.3M
More Funders in Indiana
The Ned and Emily Sherwood Family down — hundreds of funders to go?