Thomas B & Elizabeth M Sheridan Foundation Inc is located in Hunt Valley, MD. The organization was established in 1968. 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. Thomas B & Elizabeth M Sheridan Foundation Inc 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, Thomas B & Elizabeth M Sheridan Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $955.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Thomas B & Elizabeth M Sheridan Foundation Inc has awarded 117 individual grants totaling $6,371,210. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES GRANTS TO OTHER CHARITABLE ORGANIZATIONS THAT QUALIFY UNDER SECTION 501(C)(3), LOCATED IN BALTIMORE, MARYLAND & SURROUNDING AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Sinclair President | 2 | $94,000 | |
Jessica S Schram Vice President | 1 | $4,000 | |
Scott A Wieler Secretary | 1 | $4,000 | |
Ellen Dew Treasurer | 1 | $3,250 | |
Anne Lawrence Deering Trustee | 2 | $4,000 | |
Mary H Dekuyper Trustee | 1 | $4,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $346,806 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,667,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,500 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $21,411 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $242,036 |
| Contributions, gifts, grants paid | $713,274 |
| Total expenses and disbursements | $955,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,053 |
| Investments—mortgage loans | $0 |
| Investments—other | $16,160,976 |
| Other assets | $4,313 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,665 |
Over the last fiscal year, Thomas B & Elizabeth M Sheridan Foundation Inc has awarded $1,987,325 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
CALVERT SCHOOL PURPOSE: FINANCIAL AID FOR STUDENTS | $30,000 |
COCKEYSVILLE VOLUNTEER FIRE COMPANY PURPOSE: GENERAL SUPPORT | $75 |
FRIENDS SCHOOL OF BALTIMORE PURPOSE: FINANCIAL AID FOR STUDENTS | $35,000 |
GILMAN SCHOOL PURPOSE: FINANCIAL AID FOR STUDENTS | $36,500 |
MCDONOGH SCHOOL PURPOSE: FINANCIAL AID FOR STUDENTS | $30,000 |
NOTRE DAME PREPARATORY SCHOOL PURPOSE: FINANCIAL AID FOR STUDENTS | $30,000 |