Sherwood Foundation
- Assets
- $1.6m
- Revenue
- $36.8k
- Investments
- $476.3k
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5081192
Organization Overview
Sherwood Foundation is located in Austin, TX. The organization was established in 2016. 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. Sherwood 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 2016, Sherwood Foundation has awarded 159 individual grants totaling $1,440,216. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven J Sherwood President | 2 | $0 | |
Brenda Sherwood Secretary | 0.5 | $0 | |
Tracy Hayes Director | 3 | $0 | |
Jennifer Revering Director | 0.5 | $0 | |
Michael Voss Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,967 |
| Dividends & Interest | $20,570 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,266 |
| Capital Gain Net Income | $16,691 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,764 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $32,915 |
| Printing and publications | $0 |
| Other expenses | $4,471 |
| Total operating and administrative expenses | $110,041 |
| Contributions, gifts, grants paid | $282,811 |
| Total expenses and disbursements | $392,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,155 |
| Savings and temporary cash investments | $991,295 |
| 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 | $460 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,552,197 |
| 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, Sherwood Foundation has awarded $282,811 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ABILENE CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP FOR Z. ESPINOSA-GUZMAN ($5,000). | $5,000 |
SOUTH TEXAS COLLEGE OF LAW PURPOSE: SCHOLARSHIP FOR R. GONZALES ($5,000). | $5,000 |
TEXAS TECH UNIVERSITY HEALTH SCIENC PURPOSE: SCHOLARSHIPS FOR B. AVERY ($13,500) AND S. GARCIA ($14,446). | $27,946 |
TEXAS TECH UNIVERSITY PURPOSE: SCHOLARSHIPS FOR J. ALAQUINEZ ($14,523) AND M. ARMSTRONG ($10,807). | $25,330 |
TEXAS TECH UNIVERSITY PURPOSE: SCHOLARSHIPS FOR H. BARAJAS ($10,000) AND J. BUSTAMANTE ($7,250). | $17,250 |
TEXAS TECH UNIVERSITY PURPOSE: SCHOLARSHIPS FOR A. CADENAS ($10,000), M. CERVANTES ($5,000), M. DE LA VEGA ($13,935), D. ESPARZA ($10,000), AND E. GARCIA ($10,000). | $48,935 |