Mission
The organization was formed to further invest and support equity in education.
Public Charity
SchermCo Foundation
SchermCo Foundation, of Charlotte, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $110K in revenue, $93K in expenses, $549K in total assets. 3 publicly reported grants to this organization, totaling roughly $53K, appear in IRS filings.
EIN: 853967606
Charlotte, NC
Latest filing: 2025
Total Revenue$110K
Total Expenses$93K
Total Assets$549K
Grant Records3
Funding Total$53K
Filing Years2021–2025
Sample Grants Received
GENERAL SUPPORT
$25,000
fund volunteer partnership
$8,040
GENERAL SUPPORT
$20,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
Treasurer
Brandon Zeigler
Director
Crystal Rountree
Board Chair
Greg Schermbeck
Secretary
Lori Schermbeck
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $110K | $93K | $549K |
| 2024 | $350K | $312K | $321K |
| 2023 | $246K | $160K | $286K |
| 2022 | $120K | $33K | $184K |
| 2021 | $114K | $65K | $97K |
Between 2021 and 2025, reported annual revenue declined from $114K to $110K (-3%), with total assets most recently reported at $549K.
Interactive year-over-year charts and full filing details available with membership.