Sherman Charitable Foundation Inc
- Assets
- $0.0
- Revenue
- -$5.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1999
- Data as of
- 06/2024
- EIN
- 56-2158727
Organization Overview
Sherman Charitable Foundation Inc is located in Washington, DC. The organization was established in 1999. 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 Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilson C Sherman President/director | 1 | $0 | |
Lee C Sherman Vice President/director | 1 | $0 | |
Susan S Moore Secretary/director | 1 | $0 | |
Douglas G Moore Treasurer/director | 1 | $0 | |
Trustcorp America Trustee | 1 | $4,942 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,491 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$5,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,942 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,694 |
| Contributions, gifts, grants paid | $114,488 |
| Total expenses and disbursements | $121,182 |
| 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, Sherman Charitable Foundation Inc has awarded $6,900 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SANDHILLSMOORE COALITION FOR GRANT PURPOSE: GENERAL OPERATING | $2,100 |
LIFE CARE PREGNANCY CENTER PURPOSE: GENERAL OPERATING | $1,000 |
FAMILY PROMISE OF MOORE COUNTY PURPOSE: GENERAL OPERATING | $800 |
SALVATION ARMY PURPOSE: GENERAL OPERATING | $550 |
THE SANDHILLS COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $200 |
BOYS & GIRLS CLUB OF THE SANDHILLS PURPOSE: GENERAL OPERATING | $1,550 |