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.
The Sherman Family Charitable Trust at a glance
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.
- Annual giving (2024)
- $65,000
- -7.1% vs 2023
- Grants made (2024)
- 18
- -10.0% vs 2023
- Average grant
- $3,611
- +3.2% vs 2023
- Median grant
- $2,500
- Total assets
- $1,209,996
- -0.4% vs 2023
- New grantees (estimate)
- 44% first-time grantees (8 of 18, 2024; small sample)
- Primary geography
- South Carolina (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Sherman Family Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1221 Waterfront Drive, Mt Pleasant, SC 29464
Phone: (843) 276-6300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Sherman Family Charitable Trust funds
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%).
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
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.
Giving History
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.
Grants by year
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 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,209,996 | $110,306 | $114,879 | $65,000 | 18 | $77,458 | $85,241 | $62,037 |
| 2023 | $1,215,039 | $43,109 | $156,007 | $70,000 | 20 | $102,667 | $2,859 | $61,543 |
| 2022 | $1,329,615 | $121,958 | $114,583 | $65,000 | 13 | $80,000 | $91,556 | $66,854 |
| 2021 | $1,324,770 | $177,953 | $104,046 | $61,125 | 16 | $73,600 | $149,425 | $67,750 |
| 2020 | $1,247,534 | $-15,216 | $117,899 | $70,262 | 16 | — | $21,352 | $61,446 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
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.
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Sherman Family Charitable Trust funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-sherman-family-charitable-trust-morg_a6cee078191943c19fab40047ce624b9
BibTeX
@misc{grantable_576100160_2026,
author = {{Grantable}},
title = {{The Sherman Family Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-sherman-family-charitable-trust-morg_a6cee078191943c19fab40047ce624b9},
note = {Accessed 2026-10-23. 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 Sherman Family Charitable Trust'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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