Bill And Susan Sherrard Foundation is located in Las Vegas, NV. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Bill And Susan Sherrard Foundation 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 06/2023, Bill And Susan Sherrard Foundation generated $194.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $263.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bill And Susan Sherrard Foundation has awarded 25 individual grants totaling $930,135. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $47,758 | 
| Net Rental Income | $114,414 | 
| Net Gain on Sale of Assets | $21,978 | 
| Capital Gain Net Income | $21,978 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $194,786 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,526 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $1,992 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $10,662 | 
| Total operating and administrative expenses | $43,601 | 
| Contributions, gifts, grants paid | $220,000 | 
| Total expenses and disbursements | $263,601 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49 | 
| Savings and temporary cash investments | $163,813 | 
| 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 | $1,659,962 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $2,046,158 | 
| 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 | 
Over the last fiscal year, Bill And Susan Sherrard Foundation has awarded $220,000 in support to 8 organizations.
| Grant Recipient | Amount | 
|---|---|
| GENESEO HISTORICAL ASSOCIATION PURPOSE: GENERAL OPERATING PURPOSES | $31,000 | 
| HILLCREST HOME PURPOSE: GENERAL OPERATING PURPOSES | $36,100 | 
| CONCORDIA EVANGELICAL LUTHERAN CHURCH PURPOSE: GENERAL OPERATING PURPOSES | $33,000 | 
| BISHOP HILL HERITAGE ASSOCIATION PURPOSE: GENERAL OPERATING PURPOSES | $1,000 | 
| GENESEO PUBLIC LIBRARY DISTRICT PURPOSE: GENERAL OPERATING PURPOSES | $1,000 | 
| GENESEO ENDOWMENT FOR EXCELLENCE PURPOSE: GENERAL OPERATING PURPOSES | $100,000 |