Public Charity

SHERMAN FOUNDATION

SHERMAN FOUNDATION is a Public Charity headquartered in NEWPORT BEACH, CA. Financial data from the 2024 filing: $8.4M revenue, $3.7M expenses, $27.5M total assets. 32 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 952672431 NEWPORT BEACH, CA Fund Raising & Fund Distribution NTEE: C12 Latest filing: 2024
Total Revenue$8.4M
Total Expenses$3.7M
Total Assets$27.5M
Grant Records32
Funding Total$1.3M
Filing Years2020–2024

Mission

THE MISSION OF SHERMAN FOUNDATION IS THE OPERATION OF SHERMAN LIBRARY & GARDENS LOCATED IN CORONA DEL MAR, CA. THE MISSION OF SHERMAN LIBRARY & GARDENS IS TO PROVIDE THE PUBLIC AN OASIS OF INSPIRATION, EDUCATION AND APPRECIATION OF REGIONAL HISTORY, HORTICULTURE AND THE ARTS. SHERMAN GARDENS FEATURES AN EXTENSIVE BOTANICAL COLLECTION THAT SPANS THE GLOBE, RANGING FROM PLANT LIFE OF THE DESERT TO EXOTIC VEGETATION OF TROPICAL CLIMES. SHERMAN LIBRARY IS A HISTORICAL RESEARCH LIBRARY SPECIALIZING IN THE HISTORY OF THE PACIFIC SOUTHWEST, AS WELL AS HOME TO A COLLECTION OF CALIFORNIA IMPRESSIONIST ART.

Where $100 goes at Sherman Foundation

How Sherman Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$87 Programs the work itself
$5 Management running the organization
$8 Fundraising raising the next dollar

Inside the $87 for programs

$81
Sherman gardens had 97,191 visitors, an increase of 8% over the prior year
93% of program spending · Reported in the filing: 97,191 visitors; 9,915 hours; 3,403 hours
$6
Sherman library had 23,040 views of our historical photo database, and 2,560 records and artifacts accessed by researchers
7% of program spending · Reported in the filing: 5,100 visitors; 1,209 hours; 460 hours
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXEC DIR-SL&G A Scott Lafleur
Trustee C Stacy Cannon
Trustee Dt Daniels
President Gary Pickett
Trustee James Ray
Trustee Janet Ray

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$591,471 15 grants
Arts & Culture
$302,000 3 grants
Animal Welfare
$198,550 6 grants
Environment & Conservation
$96,336 4 grants
Education
$25,992 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.4M $3.7M $27.5M
2023 $5.3M $3.4M $22.8M
2022 $3.0M $2.6M $21.0M
2021 $2.1M $2.1M $20.5M
2020 $1.7M $1.9M $20.5M

Between 2020 and 2024, reported annual revenue grew from $1.7M to $8.4M (+388%), with total assets most recently reported at $27.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SHERMAN FOUNDATION

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