The Richard and Sherry Gershenson Family Foundation

Private foundation · Grantmaker Farmington Hills, MI EIN: 38-3314501

The Richard and Sherry Gershenson Family Foundation is a private foundation focused on Education, based in Farmington Hills, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $51K in total assets. In 2025, it awarded 4 grants totaling $21K. Net investment income was $3K.

Key facts about The Richard and Sherry Gershenson Family Foundation

In short: The Richard and Sherry Gershenson Family Foundation gave $21K across 4 grants in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
38-3314501
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,900
Grants made (2025)
4
Average grant
$5,225
Median grant
$5,000
Total assets
$51,206
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$51K

-21.8% YoY

Annual Giving

$21K

-33.7% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$5K

-50.2% YoY

Under IRS private-foundation payout rules, The Richard and Sherry Gershenson Family Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How The Richard and Sherry Gershenson Family Foundation gives

  • In 2025 it paid out 542% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

New YorkBronxBloomfield HillsFarmington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K4 grants2019 2 grants2021 0 grants2022 2 grants2023 3 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2021) to $32K (2024). In 2025 it made 4 grants totaling $21K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Inservice Foundation: $16K across 3 grantsInservice Foundation$16K · 3 grantsWildlife Conservation Society: $5KWildlife Conservation Society$5K

The largest 2025 recipient was Inservice Foundation ($16K across 3 grants). Together the top 2 received $21K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Inservice Foundation New York, NYGeneral$10,000
Wildlife Conservation Society Bronx, NYGeneral$5,000
Inservice Foundation New York, NYGeneral$5,000
Inservice Foundation New York, NYGeneral$900

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$51,206$65,487$104,666
Revenue$8,171$2,362$7,129
Expenses$22,452$32,925$32,044
Qualifying Distributions$21,624$32,202$30,682
Net Investment Income$3,098$1,220$4,339
Distributable Amount$3,989$4,711$5,930

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS December 16, 2019)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS December 14, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 15, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 23, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 16, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS December 12, 2025)
  7. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

The Richard and Sherry Gershenson Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Aaron Gershenson

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lyndsey Gershenson

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sherry Gershenson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Richard and Sherry Gershenson Family Foundation

How much does The Richard and Sherry Gershenson Family Foundation give each year?

The Richard and Sherry Gershenson Family Foundation gave $21K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $32K across 3 grants.

What is The Richard and Sherry Gershenson Family Foundation's typical grant size?

The Richard and Sherry Gershenson Family Foundation's median grant in 2025 was $5,000, and its average grant was $5,225, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Richard and Sherry Gershenson Family Foundation give grants?

The Richard and Sherry Gershenson Family Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (3 grants).

Does The Richard and Sherry Gershenson Family Foundation give general operating support?

Yes: 100% of The Richard and Sherry Gershenson Family Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Richard and Sherry Gershenson Family Foundation?

The Richard and Sherry Gershenson Family Foundation reported $51K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is The Richard and Sherry Gershenson Family Foundation?

The Richard and Sherry Gershenson Family Foundation is a private foundation focused on Education, based in Farmington Hills, MI. It holds $51K in total assets as of 2025.

What is The Richard and Sherry Gershenson Family Foundation's EIN?

The Richard and Sherry Gershenson Family Foundation's EIN (Employer Identification Number) is 38-3314501. IRS Form 990 filing data is available on this page for 2019–2025.

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

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