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. 29 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 952672431 NEWPORT BEACH, CA Latest filing: 2024
Total Revenue$8.4M
Total Expenses$3.7M
Total Assets$27.5M
Grant Records29
Funding Total$1.2M
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.

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

UNRESTRICTED GENERAL SUPPORT
$280,000 4 grants
CULTURE
$250,000 1 grant
For grant recipient's exempt purposes
$200,199 5 grants
ENVIRONMENTAL AND ANIMALS
$168,850 4 grants
ENVIRONMENT
$96,336 4 grants

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.

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