Sherman Harriet M Mem Tr Uw

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Trust operates exclusively to make distributions to the New England Kurn Hattin Homes, also known as the Kurn Hattin Homes for Children, in Westminster, Vermont, for the permanent support and maintenance of the said institution.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$41K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $42K a year · 28% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$41K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $2.3M in investments, Pt X · Ln 11–13
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$121K
-25% vs prior year
Spent
$150K
To programs
70%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$121K
FY2025▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$52K
FY2021$250K
FY2022$126K
FY2023$196K
FY2024$162K
FY2025$121K
Expenses
$150K
FY2025▲ +45%
Tap a bar for its year
Expenses by fiscal year
FY2020$100K
FY2021$103K
FY2022$100K
FY2023$99K
FY2024$103K
FY2025$150K
Net assets
$2.3M
FY2025▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.2M
FY2022$2.2M
FY2023$2.3M
FY2024$2.3M
FY2025$2.3M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $104K Management & general 30% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990; $41K paid to officers and key staff.

Part VII, Section A · reportable compensation
$40,762Pt VII · Sec A

M & T Trust Company’s $41K as Trustee is at the 38th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2021FY2020
M & T Trust Company$40,762$25,514——
Peoples United Bank N A——$27,813$24,872

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Sherman Harriet M Mem Tr Uw executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides funding for the Kurn Hattin Homes for Children in Vermont.

Questions for Sherman Harriet M Mem Tr Uw

Tap to ask. Sherman Harriet M Mem Tr Uw sees how many people are interested.

Your first name shows with your question. Sherman Harriet M Mem Tr Uw answers here, for everyone.

1 program · $104K · in their own filed words · FY2025
01

Support for new england kurn hattin homes

$104Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $178K · 2020–2025
New England Kurn Hattin HomesVT · FY2025$104,462

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$121K
Ln 12
Investment incomeLn 3$121K
Money outPt IX
$150K
Ln 25
Programscol B$104K
Managementcol C$46K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$52K
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$121K
Gains on assetsLn 7$43K
Total revenueLn 12$121K
Assets in detailPt X, end of year
SavingsLn 2$52K
Cash and savings togetherLn 1–2$52K
InvestmentsLn 11–13$2.3M
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$162K$52K
InvestmentsLn 11–13$2.2M$2.3M
Total assetsLn 16$2.3M$2.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.3M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$104K$104K
Pay of current officers, directors and key staffLn 5$41K$41K
Accounting feesLn 11c$4K$4K
Other expenses (24a–d)Ln 24$894$894
Total functional expensesLn 25$150K$104K$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 11, 2026 $121K$150K−$30K$2.3M 990 PDF
FY2024Filed with the IRS May 13, 2025 $162K$103K$58K$2.3M 990 PDF
FY2023Filed with the IRS May 9, 2024 $196K$99K$97K$2.3M 990 PDF
FY2022Filed with the IRS May 12, 2023 $126K$100K$26K$2.2M 990 PDF
FY2021Filed with the IRS Apr 18, 2022 $250K$103K$147K$2.2M 990 PDF
FY2020Filed with the IRS Apr 30, 2021 $52K$100K−$48K$2.0M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $120,641 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $161,615$120,641
I-11 Other revenue$0
I-12 Total revenuePrior year $161,615$120,641
I-13 Grants and similar amounts paidPrior year $73,772$104,462
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $25,514$40,762
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,024$4,999
I-18 Total expensesPrior year $103,310$150,223
I-19 Revenue less expensesPrior year $58,305−$29,582
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $120,641 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $77,973$77,973
VIII-7 Net gain or loss on sales of assetsExcluded from tax $42,668$42,668
VIII-12 Total revenueExcluded from tax $120,641$120,641
Part IX · Statement of functional expenses $150,223 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $104,462$104,462
IX-5 Pay of current officers, directors and key staffManagement $40,762$40,762
IX-11c Accounting feesManagement $4,105$4,105
IX-24 Other expenses (24a–d)Management $894$894
IX-25 Total functional expensesPrograms $104,462 · Management $45,761 · Fundraising $0$150,223
Part X · Balance sheet $2,321,731 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $161,677$52,137
X-11 Publicly traded securitiesStart of year $2,187,767$2,269,594
X-16 Total assetsStart of year $2,349,444$2,321,731
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,349,444$2,321,731
X-33 Total liabilities and net assetsStart of year $2,349,444$2,321,731
Part XI · Reconciliation of net assets $2,321,731 net assets at year end
XI-1 Total revenue$120,641
XI-2 Total expenses$150,223
XI-3 Revenue less expenses−$29,582
XI-4 Net assets at start of year$2,349,444
XI-9 Other changes in net assets$1,869
XI-10 Net assets at end of year$2,321,731

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.