Sherman Family Foundation
- Assets
- $33.1m
- Revenue
- $5.7m
- Investments
- $26.2m
- Employees
- 0
- Location
- Mission Woods, KS
- Founding
- 11/2006
- Data as of
- 12/2021
- 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 12/2021, Sherman Family Foundation generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sherman Family Foundation has awarded 516 individual grants totaling $37,461,792. 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.
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 |
|---|---|---|---|
Joseph Allen Vice President Of Programs | 40 | $130,000 | |
Elizabeth Allen Program Officer | 10 | $36,000 | |
John Sherman Foundation Manager | 1 | $0 | |
Mary Sherman President - Foundation Manager | 1 | $0 | |
Amy Donnelly Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $802,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,872,503 |
| Capital Gain Net Income | $4,872,503 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,674,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $166,000 |
| Other employee salaries and wages | $41,600 |
| Pension plans, employee benefits | $55,056 |
| Interest | $0 |
| Taxes | $85,840 |
| Depreciation | $21,244 |
| Occupancy | $74,956 |
| Travel, conferences, and meetings | $1,295 |
| Printing and publications | $0 |
| Other expenses | $16,537 |
| Total operating and administrative expenses | $660,890 |
| Contributions, gifts, grants paid | $5,578,221 |
| Total expenses and disbursements | $6,239,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,366 |
| Savings and temporary cash investments | $476,546 |
| 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 | $51,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,025,000 |
| Net Land, buildings, and equipment | $117,258 |
| Other assets | $6,238,500 |
| Total assets | $33,124,617 |
| Accounts payable and accrued expenses | $1,190 |
| 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 | $1,190 |
Grants Awarded
Over the last fiscal year, Sherman Family Foundation has awarded $8,290,420 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: TO SUPPORT URBAN EDUCATION. | $1,100,000 |
Kansas City, MO PURPOSE: TO SUPPORT THE PREPARATION OF TEACHERS FOR URBAN CLASSROOMS. | $800,000 |
Kansas City, MO PURPOSE: TO SUPPORT URBAN EDUCATION. | $555,000 |
Kansas City, MO PURPOSE: TO SUPPORT EDUCATION AT AN ACCREDITED SCHOOL. | $527,840 |
Kansas City, MO PURPOSE: TO SUPPORT TEACHER TRAINING PROGRAMS. | $505,000 |
Kansas City, MO PURPOSE: TO SUPPORT THE COLLEGE ACCELERATION PROGRAM. | $303,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Maccarthy Foundation St Louis, MO | $108,435,057 | $6,194,626 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Edward D Jones & Company Foundation St Louis, MO | $57,937,606 | $44,940,612 |
E L And Thelma Gaylord Foundation Oklahoma City, OK | $0 | $13,309,432 |