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    SHERMAN FAMILY FOUNDATION

    Supporting OrganizationIRS data 2022–2024
    BALTIMORE, MDEIN 526723302 Website

    Annual Giving

    $19.0M-2% YoY

    Grants

    118

    Median Grant

    $50K

    Organizations Funded

    144

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    Foundation Overview

    Mission

    The Sherman Family Foundation invests in nonprofits that serve vulnerable young people who are the hardest to reach, with the greatest obstacles to overcome on their way to leading a productive adult life. Today, Betsy leads the foundation with the vision of improving the lives of young people by prioritizing investments in early childhood and promoting supports for children, youth, and families.

    Focus Areas

    higher educationk-12 educationcharter schoolsteacher trainingyouth developmentarts and culturepublic media and journalismhospitals and healthcare

    Grant Types

    operating support

    Funded Initiatives

    The foundation focuses on expanding early learning that is affordable, accessible, and high quality; infant and maternal health and family supports; efforts to improve outcomes in schools in literacy and mathematics achievement and promote teacher pipelines; opportunities in STEM and the arts, as well as longitudinal youth programs; support for children and families that make opportunity possible.

    How to Apply

    Applications are by invitation only. Organizations may submit a letter of inquiry to the foundation or be invited by program staff to apply directly. Contact program staff at grants@shermanfamfdn.org. Must be 501(c)3 organizations with focus in Baltimore City.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-2%

    $19.0M

    Grants

    118

    Median

    $50K

    States

    14

    2023+47%

    $19.3M

    Grants

    106

    Median

    $40K

    States

    10

    2022

    $13.1M

    Grants

    84

    Median

    $25K

    States

    15

    Grant Size Distribution

    $50K

    Typical Grant (Median)

    $500

    Smallest

    $16K

    25th Pctile

    $124K

    75th Pctile

    $2.9M

    Largest

    Excludes grants ≤ $5K. Half fall between $16K and $124K.

    Largest Recent Grants

    $2.9M

    2024

    UMBCUNIVERSITY SYSTEM OF MARYLAND FOUNDATION INC

    MD · GENERAL OPERATIONS

    $2.3M

    2024

    CENTER FOR URBAN FAMILIES INC

    MD · GENERAL OPERATIONS

    $1.4M

    2024

    BALTIMORE SYMPHONY ORCHESTRA

    MD · GENERAL OPERATIONS

    $1.0M

    2024

    THE Y OF CENTRAL MARYLAND INC

    MD · GENERAL OPERSTIONS

    $740K

    2024

    FUND FOR EDUCATIONAL EXCELLENCE

    MD · GENERAL OPERATIONS

    Geographic Focus

    MD
    $16.7M73 grants
    ME
    $712K8 grants
    NY
    $712K11 grants
    TX
    $175K1 grants
    PA
    $150K1 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $73.3M
    $19.0M(25.9%)
    2023
    $87.5M
    $19.3M(22.1%)
    2022
    $103.6M
    $13.1M(12.7%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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