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.
The Ned and Emily Sherwood Family at a glance
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.
- Annual giving (2026)
- $1,625,540
- +63.2% vs 2025
- Grants made (2026)
- 54
- +63.6% vs 2025
- Average grant
- $30,103
- -0.2% vs 2025
- Median grant
- $2,750
- Total assets
- $2,482,612
- +16.3% vs 2025
- New grantees (estimate)
- 46% first-time grantees (25 of 54, 2026)
- Primary geography
- Florida (42% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Ned and Emily Sherwood Family
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: One Indiana Square 1200, Indianapolis, IN 46204
Phone: (317) 269-3454
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Ned and Emily Sherwood Family funds
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%).
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
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.
Giving History
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.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,482,612 | $1,986,892 | $1,638,936 | $1,625,540 | 54 | $1,625,540 | $173,496 | $117,489 |
| 2025 | $2,134,656 | $1,105,231 | $1,010,661 | $995,782 | 33 | $995,782 | $90,352 | $88,820 |
| 2024 | $2,040,086 | $-179,943 | $952,713 | $939,820 | 36 | $939,820 | $79,768 | $92,356 |
| 2023 | $3,167,995 | $-1,563,260 | $683,292 | $583,310 | 34 | $583,310 | $228,830 | $130,520 |
| 2022 | $8,678,603 | $1,711,735 | $937,876 | $617,200 | 33 | $617,200 | $1,391,459 | $284,661 |
| 2021 | $6,341,476 | $-927,775 | $554,908 | $540,430 | 31 | — | $47,606 | $176,165 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
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.
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.
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.
Data update history
(7)
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
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Cite this profile
Grantable. (2026). The Ned and Emily Sherwood Family funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/the-ned-and-emily-sherwood-family-morg_acc2ec08c7ed4e10a7a3990f6569916d
BibTeX
@misc{grantable_364273196_2026,
author = {{Grantable}},
title = {{The Ned and Emily Sherwood Family funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-ned-and-emily-sherwood-family-morg_acc2ec08c7ed4e10a7a3990f6569916d},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Ned and Emily Sherwood Family's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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