Sherman Family Foundation
- Assets
- $41.5m
- Revenue
- $14.5m
- Investments
- $27.6m
- Employees
- 0
- Location
- Mission Woods, KS
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5667031
Organization Overview
Sherman Family Foundation is located in Mission Woods, KS. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 Family Foundation 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 12/2022, Sherman Family Foundation generated $14.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $6.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sherman Family Foundation has awarded 558 individual grants totaling $40,461,236. 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 |
|---|---|---|---|
John Sherman Foundation Manager | 1 | $0 | |
Mary Sherman President - Foundation Manager | 1 | $0 | |
Amy Donnelly Director | 1 | $0 | |
Elizabeth Allen Program Officer | 10 | $37,335 | |
Joseph Allen Vice President Of Programs | 40 | $150,583 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,020,236 |
| Interest on Savings | $0 |
| Dividends & Interest | $751,498 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,710,239 |
| Capital Gain Net Income | $1,710,239 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,481,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $187,918 |
| Other employee salaries and wages | $43,500 |
| Pension plans, employee benefits | $65,816 |
| Interest | $0 |
| Taxes | $108,233 |
| Depreciation | $20,555 |
| Occupancy | $85,315 |
| Travel, conferences, and meetings | $2,452 |
| Printing and publications | $0 |
| Other expenses | $14,509 |
| Total operating and administrative expenses | $709,417 |
| Contributions, gifts, grants paid | $5,533,458 |
| Total expenses and disbursements | $6,242,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,261 |
| Savings and temporary cash investments | $3,892,663 |
| 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 | $76,040 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $917,054 |
| Net Land, buildings, and equipment | $96,552 |
| Other assets | $9,840,421 |
| Total assets | $41,548,194 |
| 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 Family Foundation has awarded $10,616,430 in support to 142 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS PURPOSE: TO SUPPORT PROGRAMS FOR YOUTH. | $10,000 |
ACCELERATED SCHOOLS OF OVERLAND PARK PURPOSE: TO SUPPORT A NON-TRADITIONAL, ACCREDITED SCHOOL. | $25,000 |
AVENUE OF LIFE PURPOSE: TO SUPPORT URBAN FAMILIES AND REDUCE THE DROP OUT RATE. | $25,000 |
AMERICAN PUBLIC SQUARE PURPOSE: IMPROVING THE TONE AND QUALITY OF DISCOURSE IN OUR COMMUNITY. | $25,000 |
BOYS AND GIRLS CLUB OF GREATER KANSAS CITY PURPOSE: TO SUPPORT PROGRAMS FOR YOUTH. | $25,000 |
BISHOP WARD HIGH SCHOOL PURPOSE: TO FURTHER EDUCATION AT AN ACCREDITED SCHOOL. | $40,000 |