Sherman White Jr And Virginia H White Charitable Fund
- Assets
- $12.4m
- Revenue
- $1.1m
- Investments
- $11.9m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3970395
Organization Overview
Sherman White Jr And Virginia H White Charitable Fund is located in Brooklyn, OH. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherman White Jr And Virginia H White Charitable Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sherman White Jr And Virginia H White Charitable Fund generated $1.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sherman White Jr And Virginia H White Charitable Fund has awarded 15 individual grants totaling $2,354,812. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $260,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $827,865 |
| Capital Gain Net Income | $827,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,958 |
| Total Revenue | $1,093,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,221 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $124,254 |
| Contributions, gifts, grants paid | $884,360 |
| Total expenses and disbursements | $1,008,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $462,211 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,915,566 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,377,777 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sherman White Jr And Virginia H White Charitable Fund has awarded $884,360 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE TIFFIN COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING | $353,744 |
TIFFIN SENECA LIBRARY FDN PURPOSE: GENERAL OPERATING | $88,436 |
HEIDELBERG COLLEGE PURPOSE: GENERAL OPERATING | $221,090 |
MERCY HOSPITAL OF TIFFIN PURPOSE: GENERAL OPERATING | $88,436 |
FIRST PRESBYTERIAN CHURCH OF PURPOSE: GENERAL OPERATING | $132,654 |