The R E S T Sherman Charitable Trus
The R E S T Sherman Charitable Trus is a private foundation focused on Health, based in HOLMDEL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 9 grants totaling $56K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+0.1% YoY
Annual Giving
$56K
+25.8% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$6K
+25.8% YoY
Under IRS private-foundation payout rules, The R E S T Sherman Charitable Trus reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.
About The R E S T Sherman Charitable Trus
Based on IRS filings
The R E S T Sherman Charitable Trus is a private foundation focused on Health, based in HOLMDEL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 9 grants totaling $56K. Net investment income was $59K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,245,806 | $1,244,087 | $1,011,134 |
| Revenue | $62,630 | $282,549 | $244,570 |
| Expenses | $60,911 | $47,960 | $51,297 |
| Qualifying Distributions | $59,227 | $47,785 | $51,122 |
| Net Investment Income | $58,694 | $53,672 | $40,964 |
| Distributable Amount | $63,539 | $56,054 | $48,521 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Temple Emanuel of North J ($46,400), Colgate University ($8,000), Memorial Sloan Kettering ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| TEMPLE EMANUEL OF NORTH J FRANKLIN LAKES, NJ | CHARITY | $46,400 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | CHARITY | $100 |
| WOUNDED WARRIORS TOPEKA, KS | CHARITY | $200 |
| MEMORIAL SLOAN KETTERING NEW YORK, NY | CHARITY | $500 |
| VFW KANSAS CITY, MO | CHARITY | $100 |
| ALZHEIMER'S ASSOC NEW YORK, NY | CHARITY | $100 |
| HOLOCUST MUSEUM NEW YORK, NY | CHARITY | $100 |
| SIMON WIESENTHAL CENTER NEW YORK, NY | CHARITY | $100 |
| COLGATE UNIVERSITY HAMILTON, NY | CHARITY | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY SHERMAN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The R E S T Sherman Charitable Trus?
The R E S T Sherman Charitable Trus is a private foundation focused on Health, based in HOLMDEL, NJ. It holds $1.2M in total assets as of 2024.
How large is The R E S T Sherman Charitable Trus?
As of 2024, The R E S T Sherman Charitable Trus holds $1.2M in total assets with $63K in annual revenue. It awarded 9 grants totaling $56K in 2024.
Where does The R E S T Sherman Charitable Trus operate?
The R E S T Sherman Charitable Trus has awarded grants in Georgia, Kansas, Missouri, New Jersey, New York, Pennsylvania.
What size grants does The R E S T Sherman Charitable Trus award?
In 2024, The R E S T Sherman Charitable Trus awarded 9 grants totaling $56K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The R E S T Sherman Charitable Trus required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The R E S T Sherman Charitable Trus reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The R E S T Sherman Charitable Trus's EIN?
The R E S T Sherman Charitable Trus's EIN (Employer Identification Number) is 22-3035886. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The R E S T Sherman Charitable Trus's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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