Ned And Emily Sherwood Family Foundation
- Assets
- $2.0m
- Revenue
- -$179.9k
- Investments
- $2.0m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1999
- Data as of
- 05/2024
- EIN
- 36-4273196
Organization Overview
Ned And Emily Sherwood Family Foundation is located in Indianapolis, IN. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Ned And Emily Sherwood Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Ned And Emily Sherwood Family Foundation has awarded 134 individual grants totaling $2,680,760. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO THE ADMINISTRATION OF GRANTS TO QUALIFIED 501(C)(3) CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ned L Sherwood Pres/ Director | 0 | $0 | |
Emily Layzer Sherwood Vp/ Director | 2 | $0 | |
Richard I Sherwood Treas/ Director | 0 | $0 | |
Matthew F Sherwood Sec'y/ Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $92,661 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$272,604 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$179,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,428 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $345 |
| Total operating and administrative expenses | $12,893 |
| Contributions, gifts, grants paid | $939,820 |
| Total expenses and disbursements | $952,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $781 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,040,086 |
| 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, Ned And Emily Sherwood Family Foundation has awarded $939,820 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: UNRESTRICTED | $250 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: UNRESTRICTED | $120,000 |
CITYSQUASH PURPOSE: UNRESTRICTED | $77,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: UNRESTRICTED | $32,500 |
COLUMBIA UNIVERSITY PURPOSE: UNRESTRICTED | $50,000 |
HOSPITAL FOR SPECIAL SURGERY FOUNDATION PURPOSE: UNRESTRICTED | $260 |