Rubin Sherman Charitable Tr Fbo R E S T Sherman Family
- Assets
- $1.0m
- Revenue
- $244.6k
- Investments
- $853.2k
- Employees
- 0
- Location
- Holmdel, NJ
- Founding
- 04/1990
- Data as of
- 12/2022
- EIN
- 22-3035886
Organization Overview
Rubin Sherman Charitable Tr Fbo R E S T Sherman Family is located in Holmdel, NJ. The organization was established in 1990. 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. Rubin Sherman Charitable Tr Fbo R E S T Sherman Family 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, Rubin Sherman Charitable Tr Fbo R E S T Sherman Family generated $244.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $51.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rubin Sherman Charitable Tr Fbo R E S T Sherman Family has awarded 67 individual grants totaling $360,270. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE SEE CHARITY LIST IN PART XV. TRUST CONDUCTS NO OTHER ACTIVITIES OTHER THAN DONATIONS TO VARIOUS CHARI- TABLE ORGANIZATIONS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $6,051 |
| Dividends & Interest | $36,191 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,328 |
| Capital Gain Net Income | $2,309 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $3,747 |
| Contributions, gifts, grants paid | $47,550 |
| Total expenses and disbursements | $51,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,911 |
| 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 | $1,011,134 |
| 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, Rubin Sherman Charitable Tr Fbo R E S T Sherman Family has awarded $47,550 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE EMANUEL OF NORTH J PURPOSE: CHARITY | $41,350 |
AMERICAN CANCER SOCIETY PURPOSE: CHARITY | $100 |
WOUNDED WARRIORS PURPOSE: CHARITY | $200 |
MEMORIAL SLOAN KETTERING PURPOSE: CHARITY | $500 |
VFW PURPOSE: CHARITY | $100 |
ALZHEIMER'S ASSOC PURPOSE: CHARITY | $100 |