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Filing year 2024

SHERMAN FAMILY FOUNDATION

Baltimore, Maryland·EIN 52-6723302·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$6M
Total assets
$73.3M
Total expenses
$20.2M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. SHERMAN FAMILY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

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

Total granted

$19M

Itemized grants

118

Median grant

$50k

RecipientLocationPurposeAmount
UMBCUNIVERSITY SYSTEM OF MARYLAND FOUNDATION INCADELPHI, MDGENERAL OPERATIONS$2.9M
CENTER FOR URBAN FAMILIES INCBALTIMORE, MDGENERAL OPERATIONS$2.3M
BALTIMORE SYMPHONY ORCHESTRABALTIMORE, MDGENERAL OPERATIONS$1.4M
THE Y OF CENTRAL MARYLAND INCBALTIMORE, MDGENERAL OPERSTIONS$1M
FUND FOR EDUCATIONAL EXCELLENCEBALTIMORE, MDGENERAL OPERATIONS$740k
MPT FOUNDATION INCOWINGS MILLS, MDGENERAL OPERATIONS$525k
UNITED WAY OF CENTRAL MARYLANDBALTIMORE, MDGENERAL OPERATIONS$510k
POINT SOURCE YOUTHNEW YORK, NYGENERAL OPERATIONS$500k
ROLAND PARK COMMUNITY FOUNDATIONBALTIMORE, MDGENERAL OPERATIONS$500k
TEACH FOR AMERICA BALTIMOREBALTIMORE, MDGENERAL OPERATIONS$500k
UNIVERSITY OF MD BALTIMORE FDNBALTIMORE, MDGENERAL OPERATIONS$500k
BOYS AND GIRLS CLUB OF METRO BALTIMOREBALTIMORE, MDGENERAL OPERATIONS$400k
FAMILY TREE THEBALTIMORE, MDGENERAL OPERATIONS$390k
BALTIMORE COMMUNITY FOUNDATION INCBALTIMORE, MDGENERAL OPERATIONS$365k
CHERRY HILL STRONGBALTIMORE, MDGENERAL OPERATIONS$300k
THREADBALTIMORE, MDGENERAL OPERATIONS$300k
MAINE PUBLICLEWISTON, MEGENERAL OPERATIONS$250k
MARYLAND FAMILY NETWORKBALTIMORE, MDGENERAL OPERATIONS$250k
THE BALTIMORE CHILDRENS MUSEUM INCBALTIMORE, MDGENERAL OPERATIONS$250k
THE TAKI ALSOP CONDUCTING FELLOWSHIP INCBALTIMORE, MDGENERAL OPERATIONS$250k
UPSURGE BALTIMOREBALTIMORE, MDGENERAL OPERATIONS$250k
MAINE HEALTHAUGUSTA, MEGENERAL OPERATIONS$200k
KIPP 3D ACADEMYHOUSTON, TXGENERAL OPERATIONS$175k
BALTIMORE ABORTION FUNDBALTIMORE, MDGENERAL OPERATIONS$150k
MAINE COAST HERITAGE TRUSTTOPSHAM, MEGENERAL OPERATIONS$150k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

SHERMAN FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$19.8M
2023
$6M
$20.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maryland

SHERMAN FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maryland earns a median of $40,778.

25th percentile
$12k
Median
$40,778
75th percentile
$115k
90th percentile
$207k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 389 organizations across 389 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maryland
FAQ

Common questions about SHERMAN FAMILY FOUNDATION

What are SHERMAN FAMILY FOUNDATION's revenue and expenses?

In 2024, SHERMAN FAMILY FOUNDATION reported $6M in total revenue and $20.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.