The Sherman Foundation

Houston, TXGovernment-related / quasi-publicEIN 91-2136222

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $537K a year · 479% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
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.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$561K
Spent
$575K
Net assets
$76.5M
By yearFY2020–FY2024
Revenue
$561K
FY2024
Revenue by fiscal year
FY2020$25
FY2021$21
FY2022$0
FY2023$0
FY2024$561K
Expenses
$575K
FY2024▼ -14%
Expenses by fiscal year
FY2020$819K
FY2021$537K
FY2022$649K
FY2023$668K
FY2024$575K
Net assets
$76.5M
FY2024▲ +12%
Net assets by fiscal year
FY2020$71.3M
FY2021$70.7M
FY2022$70.1M
FY2023$68.2M
FY2024$76.5M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in 0000.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $575K Operating & administrative 0% · $300

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

Who runs it and what they're paid

2 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Sherman Foundation executive salaries →

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Programs and updates

A government-related organization based in Houston, TX.

Provided by the organization

This section is blank until The Sherman Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 10 grants · $575K · 2024–2024
The Methodist Hospital FoundationFY2024$400,000
Restore Texas MinistriesTX · FY2024$75,000
Bernardo Volunteer FireFY2024$55,353
St Mark LutheranFY2024$10,000
Columbia Hill Cemetery AssocFY2024$10,000
University of NC Greensboro (in Kind)FY2024$8,550
CcfaFY2024$7,500
Columbus Comm HospitalFY2024$6,200
St Roch ChurchFY2024$1,000
Salvation Army Columbus CoFY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$57K
Median grantPart XV$10K
Largest grantPart XV$400K
Top cause focusNTEEEducation (10%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$561K
Gifts and grants$561K
Money out
$575K
Grants paid$575K
Running costs$300
Owns and owes
$76.5M
net assets
Cash and savings$687
Total assets$76.5M
Liabilities$0
People
2
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$561K
Total revenue$561K
Assets in detailEnd of year
Cash and savings together$687
Total assets$76.5M
Liabilities$0
Net assets$76.5M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $561K$575K−$14K$76.5M 990 PDF
FY2023 $0$668K−$668K$68.2M 990 PDF
FY2022 $0$649K−$649K$70.1M 990 PDF
FY2021 $21$537K−$537K$70.7M 990 PDF
FY2020 $25$819K−$819K$71.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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