The Ivan Morton Sherman Foundation
- Assets
- $0.0
- Revenue
- $43.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2018
- EIN
- 47-1113975
Organization Overview
The Ivan Morton Sherman Foundation is located in New Orleans, LA.
For the year ending 12/2018, Ivan Morton Sherman Foundation generated $43.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $702.9k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivan Sherman President | 0 | $0 | |
Stacy Sherman Board Member | 0 | $0 | |
Mark Ledet Board Members | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,585 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,827 |
| Capital Gain Net Income | $36,827 |
| Net ST Capital Gain | $10,068 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,412 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,981 |
| Contributions, gifts, grants paid | $692,892 |
| Total expenses and disbursements | $702,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, The Ivan Morton Sherman Foundation has awarded $692,892 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GNOF IMS FUND PURPOSE: TO EFFECT EXEMPT PURPOSE | $689,892 |
OVERSEAS PASSOVER CAMPAIGN PURPOSE: TO EFFECT EXEMPT PURPOSE | $500 |
CHILDRENS SHELTER OF HOPE FOUNDATIO PURPOSE: TO EFFECT EXEMPT PURPOSE | $1,000 |
LIBERTY KITCHEN PURPOSE: TO EFFECT EXEMPT PURPOSE | $1,500 |