Named in honor of Sherman W. Schultz (b. 1922), retired lecturer of astronomy and telescope making who taught for more than 40 years at Macalester College, St. Paul, Minnesota. An optometrist by profession, Schultz figured the mirrors and built an array of telescopes for the college observatory, and these enabled undergraduates to perform photometric observations of minor planets and variable stars that are published in the professional literature. He guided more than 250 students and college faculty to make their own telescopes. The naming of this minor planet commemorates the May 1998 dedication of the Sherman W. Schultz Observatory at Macalester College. Name proposed by the discoverer following a suggestion by R. P. Binzel, who prepared the citation.