The New Jersey State Capitol

Form 990-PFTax year 2025EIN 22-3035886

The R E S T Sherman Charitable Trus

A private foundation in Holmdel, NJ. Its return for tax year 2025 lists 8 grants and $57,269 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact person
On file
Phone
On file
Mailing address
On file
Form and materials
On file
Deadlines
Applications are accepted at any time, notification sent within two months.
Restrictions
None

Contact person, phone, mailing address and application materials on file. See them with a plan.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $57,269

    Grants listed
    8
    Assets, end of year
    $1,247,071
  • Tax year 2024

    $55,600

    Grants listed
    9
    Assets, end of year
    $1,245,806
  • Tax year 2023

    $44,200

    Grants listed
    9
    Assets, end of year
    $1,244,087
  • Tax year 2022

    $47,550

    Grants listed
    9
    Assets, end of year
    $1,011,134
  • Tax year 2021

    $44,465

    Grants listed
    8
    Assets, end of year
    $819,672
  • Tax year 2020

    $45,128

    Grants listed
    9
    Assets, end of year
    $824,867
  • Tax year 2019

    $45,241

    Grants listed
    4
    Assets, end of year
    $827,390
  • Tax year 2018

    $43,997

    Grants listed
    10
    Assets, end of year
    $829,049

Grants paid in 2025

8 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Colgate UniversityHamilton, NY

    Charity

    $33,000
  2. Individual

    Charity

    $18,219
  3. Temple Emanuel of North JFranklin Lakes, NJ

    Charity

    $5,150
  4. American Cancer SocietyAtlanta, GA

    Charity

    $200
  5. Individual

    Charity

    $200
  6. Individual

    Charity

    $200
  7. Holocust MuseumNew York, NY

    Charity

    $200
  8. Alzheimer's AssocNew York, NY

    Charity

    $100

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. New York3 grants $33,300
  2. New Jersey1 grant $5,150
  3. Georgia1 grant $200

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Terry ShermanTRUSTEE Hours 0.5Pay $0

The return

More foundations

Other foundations in New Jersey

  1. Mahmoud M Abdallah Foundation IncPrinceton, NJ 5 grants Preselected only $57,285 giving
  2. William J Martin FoundationLake Hopatcong, NJ 3 grants Preselected only $57,465 giving
  3. The Elana Wilf & Brett Tanzman Family Foundation IncShort Hills, NJ 5 grants Preselected only $57,072 giving
  4. The Terrance W & Charlene T Connolly FoundationincCedar Grove, NJ 4 grants Preselected only $57,500 giving
  5. McInerney and Fafard FDNPennington, NJ 7 grants Preselected only $57,000 giving