The Sherman Family Foundation
The Sherman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCARBOROUGH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $150K in total assets. In 2024, it awarded 18 grants totaling $87K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$150K
-16.3% YoY
Annual Giving
$87K
+10.9% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$5K
-7.6% YoY
About The Sherman Family Foundation
Based on IRS filings
The Sherman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCARBOROUGH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $150K in total assets. In 2024, it awarded 18 grants totaling $87K. Net investment income was $59K.
Focus Areas
Ready to take the next step with The Sherman Family Foundation?
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 | $150,348 | $179,716 | $201,967 |
| Revenue | $59,719 | $59,225 | $23,793 |
| Expenses | $89,087 | $81,476 | $79,603 |
| Qualifying Distributions | $87,547 | $80,583 | $75,910 |
| Net Investment Income | $58,747 | $58,332 | $50,152 |
| Distributable Amount | $58,235 | $68,718 | $75,089 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY SHERMAN | PRESIDENT | — | — |
| DAVID S SHERMAN JR | TREASURER | — | — |
| MARTHA S BURCHENAL | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Sherman Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities