Ned And Emily Sherwood Family Foundation
- Assets
- $0.0
- Revenue
- $270.4k
- Investments
- $6.1m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1999
- Data as of
- 05/2020
- EIN
- 36-4273196
Organization Overview
Ned And Emily Sherwood Family Foundation is located in Indianapolis, IN. The organization was established in 1999. 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. Ned And Emily Sherwood 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 05/2020, Ned And Emily Sherwood Family Foundation generated $270.4k 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 (55.9%) each year. All expenses for the organization totaled $631.5k during the year ending 05/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Ned And Emily Sherwood Family Foundation has awarded 64 individual grants totaling $1,157,630. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO THE ADMINISTRATION OF GRANTS TO QUALIFIED 501(C)(3) CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ned L Sherwood Pres/ Director | 0 | $0 | |
Emily Layzer Sherwood Vp/ Director | 2 | $0 | |
Matthew F Sherwood Sec'y/ Director | 0 | $0 | |
Richard I Sherwood Treas/ Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,165 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $270,447 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $13,877 |
| Contributions, gifts, grants paid | $617,628 |
| Total expenses and disbursements | $631,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $31,918 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ned And Emily Sherwood Family Foundation has awarded $617,200 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: UNRESTRICTED | $100,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: UNRESTRICTED | $100,000 |
STANFORD UNIVERSITY PURPOSE: UNRESTRICTED | $83,334 |
Vero Beach, FL PURPOSE: UNRESTRICTED | $68,950 |
COLUMBIA UNIVERSITY PURPOSE: UNRESTRICTED | $50,000 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: UNRESTRICTED | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |