The Sherman Family Charitable Trust
The Sherman Family Charitable Trust is a private foundation based in Mt Pleasant, South Carolina. Its 2024 filing reports 18 grants totaling $65,000, primarily to organizations in South Carolina.
Key facts about The Sherman Family Charitable Trust
In short: The Sherman Family Charitable Trust gave $65K across 18 grants in 2024 (avg $4K), mostly in South Carolina. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 57-6100160
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $65,000
- Grants made (2024)
- 18
- Average grant
- $3,611
- Median grant
- $2,500
- New grantees (estimate)
- 44% first-time grantees (8 of 18, 2024; small sample)
- Total assets
- $1,209,996
- Primary geography
- South Carolina (92% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; 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 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-0.4% YoY
Annual Giving
$65K
-7.1% YoY
Grant Count
18
-10.0% YoY
Avg Grant Size
$4K
+3.2% YoY
Under IRS private-foundation payout rules, The Sherman Family Charitable Trust reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Sherman Family Charitable Trust open to new grantees?
44%
first-time grantees, 2024
In 2024, 8 of 18 grantees (44%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $4K; repeat grants $4K. How we count
Medians: $3K first-time, $3K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 125% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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
No mission statement for the foundation is provided. Its 2024 grants show support for organizations including food assistance, Jewish community and education organizations, museums, an aquarium, a literary society, and athletic programs. Lowcountry Food Bank describes its mission as uniting its community in pursuit of equitable, dignified, and consistent access to food. Addlestone Hebrew Academy describes itself as a community day school providing an exceptional education in secular and Judaic studies.
Grantmaking
In 2024, the foundation awarded 18 grants totaling $65,000. Grants ranged from $1,000 to $7,500, with a median grant of $2,500. Listed grant purposes were “unrestricted program support.”
Among its 2024 grants, the foundation awarded $7,500 each to CJF Israel Emergency Fund, Lowcountry Food Bank, Synagogue Emanu-El, and The Sherman House. It awarded $5,000 each to SC Aquarium Advancement Department and Trident Literary Society. Other listed grants included $3,000 to Green Wave Club Tulane and $2,500 each to CJF KFP, College of Charleston Athletic Fund, Georgetown County Museum, Int’l African American Museum, and Meals on Wheel East Cooper. Addlestone Hebrew Academy received $1,500 in 2024.
How to Apply
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
Ready to take the next step with The Sherman Family Charitable Trust?
Geographic Focus
Where this funder awards grants
In 2024, 92% of grant dollars went to recipients in South Carolina and 8% to recipients in Louisiana.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $61K (2021) to $70K (2020). In 2024 it made 18 grants totaling $65K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was CJF Israel Emergency Fund ($8K). Together the top 10 received $51K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CJF Israel Emergency Fund Charleston, SC | Unrestricted Program Support | $7,500 |
| Lowcountry Food Bank North Charleston, SC | Unrestricted Program Support | $7,500 |
| Synagogue Emanu-El Charleston, SC | Unrestricted Program Support | $7,500 |
| The Sherman House Charleston, SC | Unrestricted Program Support | $7,500 |
| SC Aquarium Advancement Department Charleston, SC | Unrestricted Program Support | $5,000 |
| Trident Literary Society N Charleston, SC | Unrestricted Program Support | $5,000 |
| Green Wave Club Tulane New Orleans, LA | Unrestricted Program Support | $3,000 |
| CJF KFP Charleston, SC | Unrestricted Program Support | $2,500 |
| College of Charleston Athletic Fund Charleston, SC | Unrestricted Program Support | $2,500 |
| Georgetown County Museum Georgetown, SC | Unrestricted Program Support | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $1,209,996 | $110,306 | $114,879 | $65,000 (18 grants) |
| 2023 | $1,215,039 | $43,109 | $156,007 | $70,000 (20 grants) |
| 2022 | $1,329,615 | $121,958 | $114,583 | $65,000 (13 grants) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,209,996 | $1,215,039 | $1,329,615 |
| Revenue | $110,306 | $43,109 | $121,958 |
| Expenses | $114,879 | $156,007 | $114,583 |
| Qualifying Distributions | $77,458 | $102,667 | $80,000 |
| Net Investment Income | $85,241 | $2,859 | $91,556 |
| Distributable Amount | $62,037 | $61,543 | $66,854 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Howard B Sherman, Ivan M Sherman, and Mitchell L Sherman as trustees.
The Sherman Family Charitable Trust's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Howard B. Sherman
Trustee
On filings since 2020
2 hrs/week
$8K (2021) → $8K (2024)
Ivan M. Sherman
Trustee
On filings since 2020
2 hrs/week
$8K (2021) → $8K (2024)
Mitchell L. Sherman
Trustee
On filings since 2020
2 hrs/week
$8K (2021) → $8K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $8K, to Howard B Sherman (Trustee). 3 officers or directors reported compensation on that filing.
Contact
Mailing address: 1221 Waterfront Drive, Mt Pleasant, SC 29464
Phone: (843) 276-6300
Frequently asked questions about The Sherman Family Charitable Trust
How much does The Sherman Family Charitable Trust give each year?
The Sherman Family Charitable Trust gave $65K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 20 grants.
What is The Sherman Family Charitable Trust's typical grant size?
The Sherman Family Charitable Trust's median grant in 2024 was $2,500, and its average grant was $3,611, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Sherman Family Charitable Trust that year got $4K on average.
Where does The Sherman Family Charitable Trust give grants?
The Sherman Family Charitable Trust gives mostly in South Carolina: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Louisiana (8%). The most frequent recipient cities were Charleston, SC (10 grants), North Charleston, SC (2 grants), New Orleans, LA (2 grants) and Mount Pleasant, SC (2 grants).
Does The Sherman Family Charitable Trust give general operating support?
Yes: 100% of The Sherman Family Charitable Trust's 2024 grants with a stated purpose (18 of 18) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Sherman Family Charitable Trust's largest grantees?
The Sherman Family Charitable Trust's largest 2024 grantees include CJF Israel Emergency Fund ($7,500), Lowcountry Food Bank ($7,500) and Synagogue Emanu-El ($7,500), according to its 2024 IRS Form 990-PF. Together they received 35% of its itemized 2024 grant dollars.
How large is The Sherman Family Charitable Trust?
The Sherman Family Charitable Trust reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $77K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).
What does The Sherman Family Charitable Trust fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations including food assistance, Jewish community and education organizations, museums, an aquarium, a literary society, and athletic programs. See mission & focus areas ↑
How do I apply for a grant from The Sherman Family Charitable Trust?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Sherman Family Charitable Trust's EIN?
The Sherman Family Charitable Trust's EIN (Employer Identification Number) is 57-6100160. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Sherman Family Charitable Trust 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 September 2026.
Here's the math on researching The Sherman Family Charitable Trust by hand.
Explore Open Grants
Browse active grant opportunities in The Sherman Family Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Coastal Community Foundation of South Carolina Inc
N Charleston, SC
Coastal Community Foundation of South Carolina supports nonprofits and community initiatives in education, health, human services, the environment, arts, social justice, and community development across nine coastal South Carolina counties. Its 2024 itemized grants ranged from $5,057 to $2.3 million, with a median of $16,500; competitive programs accept applications through its online portal.
Assets
$435.6M
Grants
459
Total Given
$26.0M
Henry & Sylvia Yaschik Foundation Inc
Charleston, SC
The foundation supports specific projects and programs of qualified 501(c)(3) charities serving the greater Charleston, South Carolina, area, across secular and Jewish, health, education, conservation, and other charitable work. Grants typically range from $1,000 to $50,500, with a 2024 median of $5,000. It accepts applications; the 2026 application period ended April 30, and the foundation says to check back in February 2027 for the next period.
Assets
$10.7M
Grants
97
Total Given
$845K
Dominion Energy Charitable Foundation
Richmond, VA
Dominion Energy Charitable Foundation funds eligible 501(c)(3) organizations working in health and human services, education, arts and culture, civic and community development, and the environment within its operating area. Its 2024 grants ranged from $100 to $1 million, with a median of $5,000; it accepts unsolicited requests during spring and fall cycles.
Assets
$2.3M
Grants
773
Total Given
$16.4M
Post and Courier Foundation
Charleston, SC
The Post and Courier Foundation supports qualified 501(c)(3) nonprofits working in civic, conservation and preservation, arts and culture, education, or health and welfare, primarily in the Lowcountry and certain South Carolina communities. In 2024, grants ranged from $2,000 to $99,378, with a median of $5,000. It accepts online General Fund requests from April 1 through the last Friday in July, allowing one request per organization per annual cycle.
Assets
$5.0M
Grants
60
Total Given
$784K
The Joanna Foundation
Sullivans Island, SC
The Joanna Foundation supports South Carolina nonprofits working to improve community well-being through areas such as health, education, and other community initiatives, with priority given to organizations significantly serving Berkeley, Charleston, Dorchester, Laurens, or Newberry counties. Its 2025 grants ranged from $1,000 to $50,000, with a median of $2,500. It accepts electronic Letters of Intent, so requests are accepted through a selective LOI process.
Assets
$3.8M
Grants
40
Total Given
$178K
Advanced Technology International
Summerville, SC
Advanced Technology International primarily manages government-industry-academia collaborations for federal research and technology prototyping, with awards spanning areas such as defense, biotechnology, cybersecurity, and aviation. Its 2025 grants ranged from $10,000 to $11.6 million, with a median of $30,000; 97% of grant dollars went to South Carolina recipients, and it does not state whether it accepts unsolicited requests.
Assets
$2.2B
Grants
14
Total Given
$12.1M
The Mark Elliott Motley Foundation Inc
Charleston, SC
The Mark Elliott Motley Foundation funds tax-exempt charities and government agencies working to improve children’s and young adults’ health, education, and welfare, primarily in the Charleston, South Carolina area, though it may fund organizations elsewhere. Its 2025 grants ranged from $1,000 to $10,000, with a median of $2,500. It accepts proposals by letter, generally by March 1.
Assets
$2.1M
Grants
47
Total Given
$200K
Central Carolina Community Foundation
Columbia, SC
Central Carolina Community Foundation funds education, human services, health, arts and culture, community development, disaster relief, and related community initiatives through specific grant programs. Its 2025 grants had a median of $20,000, and it primarily serves 11 Midlands counties while also funding statewide and nationally. It accepts applications through its online portal during published grant periods for specific opportunities; some programs are invitation-only.
Assets
$264.3M
Grants
488
Total Given
$26.5M
Community Foundation of Greenville Inc
Greenville, SC
Community Foundation of Greenville funds nonprofits and projects in arts, education, environment, health, and human services, with a focus on Greenville County, South Carolina. Its 2026 Capacity Building Grants award $5,000–$12,500; 2024 grants had a median of $23,900. It accepts unsolicited requests through its Capacity Building Grants program.
Assets
$118.8M
Grants
346
Total Given
$26.4M
South Carolina Christian Foundation
Spartanburg, SC
The foundation funds Christian ministries, churches, and quality-of-life organizations, with particular attention through its Community Trust Grants to Christian nonprofits in five South Carolina counties. Its 2024 grants had a median of $15,000, though awards varied widely; most grant dollars went to South Carolina, with additional funding in other states. Community Trust applicants must submit a Ministry Introduction Form and be invited to apply; the profile does not state whether other requests are unsolicited.
Assets
$45.4M
Grants
285
Total Given
$11.6M
United Community Bank Foundation
Greenville, SC
United Community Bank Foundation funds economic empowerment, arts, housing and youth development in communities served across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. Its 2025 grants ranged from $250 to $16,000, with a median of $2,000. It does not accept unsolicited requests; grants go to preselected organizations.
Assets
$12.6M
Grants
235
Total Given
$505K
Spartanburg County Foundation
Spartanburg, SC
The Spartanburg County Foundation funds nonprofits and community groups serving Spartanburg County residents, with priorities including quality of life, education, economic mobility, and organizational capacity. Its itemized 2025 grants had a median of $15,500; listed programs offer awards of up to $10,000–$35,000.
Assets
$280.4M
Grants
227
Total Given
$19.0M
More Funders in South Carolina
The Sherman Family Charitable Trust down — hundreds of funders to go?