The Sherman Foundation
- Assets
- $70.1m
- Revenue
- $0.0
- Investments
- $70.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 91-2136222
Organization Overview
The Sherman Foundation is located in Houston, TX. The organization was established in 0000. 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.
Since 2020, Sherman Foundation has awarded 44 individual grants totaling $2,004,990. 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 |
|---|---|---|---|
Jim Sherman Trustee | 2 | $0 | |
Kathryn Sherman Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $649,450 |
| Total expenses and disbursements | $649,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,178 |
| Savings and temporary cash investments | $0 |
| 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 | $70,089,775 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $70,091,953 |
| 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, The Sherman Foundation has awarded $649,450 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG SURVIVAL COALITION PURPOSE: CHARITY | $7,500 |
THE METHODIST HOSPITAL FOUNDATION PURPOSE: CHARITY | $410,000 |
BERNARDO VOLUNTEER FIRE PURPOSE: CHARITY | $50,000 |
TURTLE WING FOUNDATION PURPOSE: CHARITY | $5,000 |
HOWARD UNIVERSITY PURPOSE: CHARITY | $37,950 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: CHARITY | $10,000 |