Sherwood Trust A State Of Washington Non-Profit Corporation
- Assets
- $39.6m
- Revenue
- $3.3m
- Investments
- $39.1m
- Employees
- 0
- Location
- Walla Walla, WA
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 91-6337526
Organization Overview
Sherwood Trust A State Of Washington Non-Profit Corporation is located in Walla Walla, WA. The organization was established in 1992. 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 Trust A State Of Washington Non-Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sherwood Trust A State Of Washington Non-Profit Corporation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sherwood Trust A State Of Washington Non-Profit Corporation has awarded 227 individual grants totaling $7,536,410. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
IN 2018 SHERWOOD TRUST HOSTED "BALD FUTURIST" STEVE BROWN TO TALK ABOUT WAYS TECHNOLOGY IS CHANGING THE ECONOMY WITH A PARTICULAR FOCUS ON RURAL AREAS. EVENTS INCLUDED A DINNER WITH PARTNERS ON OCTOBER 30 AND AN ALL-DAY CONFERENCE FOR 131 PEOPLE AT WHITMAN COLLEGE ON OCTOBER 31ST. HE SEPARATELY MET WITH STUDENTS AT WHITMAN COLLEGE AND GAVE A PUBLIC PRESENTATION ON CAMPUS ON NOVEMBER 1 FOR APPROXIMATELY 50 PEOPLE THAT FOCUSED ON JOBS OF THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hunt CEO | 40 | $132,175 | |
Allan Gillespie Treasurer As Of 2021 | 4 | $10,000 | |
Chuck Fulton Director | 4 | $10,000 | |
Jean H Adams Director | 4 | $10,000 | |
Robert L Zagelow Director Unitl June | 4 | $10,000 | |
William Albee Director | 4 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,288 |
| Dividends & Interest | $585,186 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,925,794 |
| Capital Gain Net Income | $1,925,794 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $790,535 |
| Total Revenue | $3,306,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $197,175 |
| Other employee salaries and wages | $63,773 |
| Pension plans, employee benefits | $21,756 |
| Interest | $158 |
| Taxes | $41,024 |
| Depreciation | $0 |
| Occupancy | $20,419 |
| Travel, conferences, and meetings | $5,492 |
| Printing and publications | $0 |
| Other expenses | $41,817 |
| Total operating and administrative expenses | $492,514 |
| Contributions, gifts, grants paid | $1,593,259 |
| Total expenses and disbursements | $2,085,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $462,287 |
| 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 | $39,118,978 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,581,265 |
| Accounts payable and accrued expenses | $7,697 |
| 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 | $50,651 |
| Total liabilities | $58,348 |
Grants Awarded
Over the last fiscal year, Sherwood Trust A State Of Washington Non-Profit Corporation has awarded $1,593,259 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF COLLEGE PLACE PURPOSE: CORE GRANT | $500,000 |
Walla Walla, WA PURPOSE: CORE GRANT | $135,000 |
WALLA WALLA SENIOR CITIZENS CENTER DBA THE CENTER AT THE PARK PURPOSE: CORE GRANT | $91,000 |
BLUE MOUNTAIN ACTION COUNCIL FOR COMITTMENT TO COMMUNITY PURPOSE: INVITATIONAL | $67,405 |
WALLA WALLA ALLIANCE FOR HOMELESS PURPOSE: CORE GRANT | $60,000 |
Walla Walla, WA PURPOSE: CORE GRANT | $55,021 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |