Overview
The Sherman Family Charitable Trust is a private foundation based in Charleston, South Carolina, with assets totaling $1,215,039. The trust focuses on funding initiatives related to religion and has a presence in several cities across the United States, including Awendaw, Charleston, Livingston, Metairie, Mount Pleasant, New Orleans, North Charleston, Staten Island, and Tallahassee. It operates in multiple states such as Florida, Louisiana, New York, South Carolina, and Texas. In the most recent fiscal year, the trust reported expenses of $156,007 and revenue of $43,109. The trust is managed by three trustees: Howard B. Sherman, who works 10 hours per week and receives a compensation of $45,735; Ivan M. Sherman, who works 2 hours per week with a compensation of $9,800; and Mitchell L. Sherman, who also works 2 hours per week and receives the same compensation as Ivan.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $1,329,615 in 2023
20 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
|---|---|---|---|---|---|
| $13,000 | FLORIDA STATE UNIVERSITY | UNRESTRICTED PROGRAM SUPPORT | 222 S COPELAND STREET TALLAHASSEE, FL US | 2024 | |
| $12,000 | MEDICAL UNIVERSITY OF SOUTH CAROLINA | UNRESTRICTED PROGRAM SUPPORT | 18 BEE STREET MSC450 CHARLESTON, SC US | 2024 | |
| $10,000 | LOWCOUNTRY FOOD BANK | UNRESTRICTED PROGRAM SUPPORT | 2864 AZALEA DRIVE NORTH CHARLESTON, SC US | 2022 | |
| $7,500 | SYNOGOGUE EMANUE-EL | UNRESTRICTED PROGRAM SUPPORT | 5 WINDSOR DR CHARLESTON, SC US | 2022 | |
| $7,500 | TRIDENT LITERACY ASSOCIATION | UNRESTRICTED PROGRAM SUPPORT | 6185-D RIVERS AVENUE NORTH CHARLESTON, SC US | 2022 | |
| $7,500 | THE SHERMAN HOUSE | UNRESTRICTED PROGRAM SUPPORT | 1635 WALLENBERG BLVD CHARLESTON, SC US | 2022 | |
| $7,000 | COASTAL COMMUNITY FOUNDATION | UNRESTRICTED PROGRAM SUPPORT | 1691 TURNBULL AVE NORTH CHARLESTON, SC US | 2024 | |
| $5,000 | CHARLESTON JEWISH FEDERATION | UNRESTRICTED PROGRAM SUPPORT | 176 CROGHAN SPUR STE 100 CHARLESTON, SC US | 2022 | |
| $5,000 | ADDLESTONE HEBREW ACADEMY | UNRESTRICTED PROGRAM SUPPORT | 1639 RAOUL WALLENBERG CHARLESTON, SC US | 2023 | |
| $5,000 | CASA JOJO FOUNDATION | UNRESTRICTED PROGRAM SUPPORT | 160 RAINBOW DRIVE LIVINGSTON, TX US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
HBS HOWARD B SHERMAN | TRUSTEE | $45,735 | 2024 |
HBS HOWARD B SHERMAN | TRUSTEE | $10,000 | 2023 |
IMS IVAN M SHERMAN | TRUSTEE | $10,000 | 2023 |
MLS MITCHELL L SHERMAN | TRUSTEE | $10,000 | 2023 |
IMS IVAN M SHERMAN | TRUSTEE | $9,800 | 2024 |
HOWARD B SHERMAN
TRUSTEE
HOWARD B SHERMAN
TRUSTEE
IVAN M SHERMAN
TRUSTEE
MITCHELL L SHERMAN
TRUSTEE
IVAN M SHERMAN
TRUSTEE
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024