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Filing year 2024

MICHAEL T SHERMAN FOUNDATION #95-602840

Boston, Massachusetts·EIN 27-3842131·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.1M
Total assets
$3.5M
Total expenses
$528k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Trustee
Board Member
Median to 75th percentile
$16k
$17k
Trustee
Board Member
Median to 75th percentile
$16k
$17k
Trustee
Board Member
Below 10th percentile
$1k
$1k
Trustee
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MICHAEL T SHERMAN FOUNDATION #95-602840 equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$454k

Itemized grants

26

Median grant

$18k

RecipientLocationPurposeAmount
GREATER BOSTON FOOD BANK INCBOSTON, MAGENERAL PURPOSE$30k
PERKINS SCHOOL FOR THE BLINDWATERTOWN, MAGENERAL PURPOSE$30k
COMPASS WORKING CAPITALBOSTON, MAGENERAL PURPOSE$27k
EVERYTOWN FOR GUN SAFETY SUPPORT FUNDNEW YORK, NYGENERAL PURPOSE$25k
MULTIPLE MYELOMA RESEARCH FD INCBOSTON, MAGENERAL PURPOSE$25k
SIERRA CLUB FOUNDATIONSAN FRANCISCO, CAGENERAL PURPOSE$25k
ASPCANEW YORK, NYGENERAL PURPOSE$20k
FRANCISCAN HOSPITAL FOR CHILDREN INCBRIGHTON, MAGENERAL PURPOSE$20k
HABITAT FOR HUMANITY INTERNATIONAL INCATLANTA, GAGENERAL PURPOSE$20k
MASSACHUSETTS GENERAL HOSPITALBOSTON, MAHOME BASE PROGRAM$20k
NEADSPRINCETON, MAGENERAL PURPOSE$20k
PHOENIX CHILDRENS HOSPITAL FOUNDATIONPHOENIX, AZGENERAL PURPOSE$20k
WORLD WILDLIFE FUND INCWASHINGTON, DCGENERAL PURPOSE$20k
BOSTON HIGHER EDUCATION RESOURCE CENTERBOSTON, MAGENERAL PURPOSE$15k
CAMFED USA FOUNDATIONSAN FRANCISCO, CAGENERAL PURPOSE$15k
COMMUNITY WORKSHOPS INCBOSTON, MACOMMUNITYWORKS SERVICES$15k
HIMALAYAN CATARACT PROJECT INCWATERBURY, VTGENERAL PURPOSE$15k
ONEGOAL MASSACHUSETTSBOSTON, MAGENERAL PURPOSE$15k
SCHOOL ON WHEELS OF MASSACHUSETTS INCEAST BRIDGEWATER, MAGENERAL PURPOSE$15k
TEACH FOR AMERICA INCBOSTON, MAGENERAL PURPOSE$15k
RESILIENT CODERS INCBOSTON, MAGENERAL PURPOSE$13k
PROJECT MEDISHARE FOR HAITIMIAMI, FLGENERAL PURPOSE$10k
FRIENDS OF PROJECT RENEWMCLEAN, VAGENERAL PURPOSE$8k
MINES ADVISORY GROUP AMERICA INCWASHINGTON, DCGENERAL PURPOSE$8k
PEACETREES VIETNAMSEATTLE, WAGENERAL PURPOSE$8k
Compare this foundation's grantees

Up 29%
from 2023

From $13k in 2023 to $16k in 2024.

$13k
2023
$16k
2024
In today's dollarsEst.
Up 24% in real terms$14k to $17k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 29% from 2023 to 2024, while revenue rose 165%.

$13k in 2023 to $16k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MICHAEL T SHERMAN FOUNDATION #95-602840

What does the Board Member of MICHAEL T SHERMAN FOUNDATION #95-602840 earn?

In 2024, the Board Member of MICHAEL T SHERMAN FOUNDATION #95-602840 received $16,198 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MICHAEL T SHERMAN FOUNDATION #95-602840 compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Board Member at MICHAEL T SHERMAN FOUNDATION #95-602840 falls between the median and the 75th percentile. In 2024, the highest total compensation at MICHAEL T SHERMAN FOUNDATION #95-602840 equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MICHAEL T SHERMAN FOUNDATION #95-602840's revenue and expenses?

In 2024, MICHAEL T SHERMAN FOUNDATION #95-602840 reported $1.1M in total revenue and $528k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.