Shermer Charitable Foundation
- Assets
- $189.1k
- Revenue
- $15.3k
- Investments
- $183.5k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- Data as of
- 03/2024
- EIN
- 74-6515281
Organization Overview
Shermer Charitable Foundation is located in Pennington, NJ.
For the year ending 03/2024, Shermer Charitable Foundation generated $15.3k 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 (17.0%) each year. All expenses for the organization totaled $28.1k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 3 years. 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 |
|---|---|---|---|
Bank Of America N A Trustee | 1 | $3,775 | |
Linda Beth Vitale Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,783 |
| Capital Gain Net Income | $10,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117 |
| Total Revenue | $15,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,775 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $221 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9 |
| Total operating and administrative expenses | $4,005 |
| Contributions, gifts, grants paid | $24,110 |
| Total expenses and disbursements | $28,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25 |
| Savings and temporary cash investments | $5,567 |
| 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 | $5,677 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $189,074 |
| 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, Shermer Charitable Foundation has awarded $24,110 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HOMELESS EMERGENCY PROJECT INC PURPOSE: GENERAL OPERATING | $4,822 |
MORTON PLANT MEASE HEALTH CARE PURPOSE: GENERAL OPERATING | $4,822 |
HOSPICE OF THE FLORIDA SUNCOAST INC PURPOSE: GENERAL OPERATING | $7,233 |
FLORIDA SHERIFFS YOUTH RANCHES INC PURPOSE: GENERAL OPERATING | $4,822 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $2,411 |