SHERWOOD TRUST A STATE OF WASHINGTON NON-PROFIT CORPORATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SHERWOOD TRUST A STATE OF WASHINGTON NON-PROFIT CORPORATION (EIN 91-6337526)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-15
- IRS object ID
- 202401369349100145
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T07:52:54-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 916337526 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sherwood Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHER | BusinessNameControlTxt |
| Phone | 5095292791 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1855 | AddressLine1Txt |
| City | Walla Walla | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99362 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brian Hunt | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5095292791 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Brian | PersonFirstNm |
| Person Last | Hunt | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2024-05-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $37,405,088 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $328 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $328 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $744,176 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $744,176 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $544,392 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,581,746 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $544,392 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,288,896 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,288,896 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $224,835 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $33,725 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $191,110 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $60,055 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $60,055 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $24,313 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,076 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $22,237 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,066 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $14,066 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $92,023 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,023 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $6 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $6 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $52,615 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,499 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $14,567 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $19,641 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $19,641 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $57,341 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $57,341 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46,128 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $46,128 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $591,023 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $130,323 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $425,151 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,529,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,529,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,120,023 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $130,323 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,954,151 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$831,127 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,158,573 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,406,103 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $272,943 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $272,943 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $34,187,995 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $37,132,145 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $37,132,145 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,547 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,547 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $35,594,098 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,405,088 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,405,088 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $8,930 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $8,173 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $38,089 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $25,526 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $47,019 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,699 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $13,658,972 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,658,972 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $9,225,495 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $9,225,495 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $12,662,612 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,486,922 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $35,547,079 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $37,371,389 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $35,594,098 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $37,405,088 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $35,547,079 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$831,127 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,655,437 | OtherIncreasesAmt |
| Subtotal | $37,371,389 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $37,371,389 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Charles Schwab - Publicily traded securities | P | $6,240,197 | $6,037,354 | $202,843 | $202,843 |
| Liberty Lake Land Company, LLC K-1 | P | $17,432 | $17,432 | $17,432 | |
| Capital Gains Dividends | P | $324,117 | $324,117 | $324,117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $544,392 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,104 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,104 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,104 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $34,628 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $34,628 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $18,524 | OverpaymentAmt |
| Applied To ES Tax | $18,524 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.sherwoodtrust.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brian Hunt | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5095292791 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1855 | AddressLine1Txt |
| City | Walla Walla | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Brian Hunt | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | CEO | 40.00 | $144,799 | $13,823 | $3,300 |
| Paul Schneidmiller | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Director | 4.00 | $11,500 | $0 | $0 |
| Kazi Joshua | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | President | 4.00 | $11,500 | $0 | $0 |
| Toni Alvarado-Jackson | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Vice President | 4.00 | $11,500 | $0 | $0 |
| Allan Gillespie | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Treasurer | 4.00 | $11,500 | $0 | $0 |
| Jean H Adams | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Director | 4.00 | $11,500 | $0 | $0 |
| Chuck Fulton | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Director | 4.00 | $11,500 | $0 | $0 |
| Cheris Brewer Current | ||||||||
| PO Box 1855 | Walla Walla | WA | 99362 | Director | 4.00 | $0 | $0 | $0 |
| William Albee | ||||||||
| PO Box 1855 | Walla Walla | WA | 99632 | Director | 4.00 | $11,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Verus | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Fifth Avenue Suite 3900 | AddressLine1Txt |
| City | Seattle | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Management | ServiceTypeTxt |
| Compensation | $91,913 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $33,972,840 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $555,656 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,016,173 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,544,669 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,544,669 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $533,170 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,011,499 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,750,575 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,750,575 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,104 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,104 | TotalTaxAmt |
| Distributable Before Adj | $1,734,471 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,734,471 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,734,471 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,954,151 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,954,151 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,734,471 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,215,601 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,954,151 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,215,601 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $738,550 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $995,921 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Brian Hunt CEO Sherwood Trust | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1855 | AddressLine1Txt |
| City | Walla Walla | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5095292791 | RecipientPhoneNum |
| Form And Info And Materials | See www.sherwoodtrust.org for application instructions. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Prior to March 1. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Religious, charitable, and educational purposes within the Walla Walla geographical area. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (38 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Abundant Life Ministries for Abundant Life Childcare | ||||||
| 122 Coppei Ave | Waitsburg | WA | 99361 | PC | Impact | $15,000 |
| Blue Mountain Community Foundation for Comittment to Community | ||||||
| 22 E Poplar Street 206 | Walla Walla | WA | 99362 | PC | Invitational | $175,000 |
| Blue Mountain Community Foundation for Noon Rotary Don Sherwood Scholarship | ||||||
| 23 E Poplar Street 206 | Walla Walla | WA | 99362 | PC | Invitational | $5,000 |
| Blue Mountain Community Foundation for Running Waters Equity Fund | ||||||
| 24 E Poplar Street 206 | Walla Walla | WA | 99362 | PC | Invitational | $10,000 |
| Blue Mountain Community Foundation for Walla Walla Change Team | ||||||
| 25 E Poplar Street 206 | Walla Walla | WA | 99362 | PC | Impact | $5,000 |
| Blue Mountain Community Foundation for Walla Walla Immigrant Rights Coaliti | ||||||
| 26 E Poplar Street 206 | Walla Walla | WA | 99362 | PC | Core | $175,000 |
| Blue Mountain Humane Society | ||||||
| 7 E George Street | Walla Walla | WA | 99362 | PC | Legacy | $1,000 |
| Blue Mountian Land Trust | ||||||
| 6 1/2 Second Ave 304 | Walla Walla | WA | 99362 | PC | Core | $50,000 |
| Boy Scouts of Amer Blue Mt Council | ||||||
| 8478 W Gage Blvd | Kennewick | WA | 99336 | PC | Core Mutliyear/ Legacy | $20,500 |
| Camp Fire | ||||||
| 414 S Park Street | Walla Walla | WA | 99362 | PC | Legacy | $1,000 |
| Cardinals Nest | ||||||
| PO Box 217 | Waits | WA | 99361 | PC | Impact | $15,000 |
| Carnegie Picture Lab | ||||||
| PO Box 3223 | Walla Walla | WA | 99362 | PC | Legacy | $1,000 |
| Central Washington Justice for Our Neighbors | ||||||
| 209 E Birch Street | Walla Walla | WA | 99362 | PC | Core | $45,000 |
| Citizens TV | ||||||
| PO Box 2 | Milton Freewater | OR | 97862 | PC | Impact | $15,000 |
| Community Council | ||||||
| PO Box 2936 | Walla Walla | WA | 99362 | PC | Invitational | $150,000 |
| Dayton Adventist Community Services | ||||||
| 1525 South 4th Street | Dayton | WA | 99328 | PC | Impact | $15,000 |
| Friends of the Library of Walla Walla | ||||||
| 328 E Alder Street | Walla Walla | WA | 99362 | PC | Legacy | $5,000 |
| Hope Street | ||||||
| PO Box 2001 | Walla Walla | WA | 99362 | PC | Core Multiyear | $14,563 |
| Lillie Rice Center | ||||||
| 2616 Isaacs Ave | Walla Walla | WA | 99362 | PC | Legacy | $1,000 |
| Little Theatre of Walla Walla | ||||||
| 1130 E Sumach Street | Walla Walla | WA | 99362 | PC | Legacy | $5,000 |
| Milton Freewater Historical Society DBA Frazier Farmstead | ||||||
| 1403 Chestnut Street | Milton Freewater | OR | 97862 | PC | Core | $30,000 |
| Northwest Public Broadcasting | ||||||
| PO Box 642530 | Pullman | WA | 99164 | PC | Impact | $15,000 |
| Plus Delta After School Studios | ||||||
| 528 W Cameron Street | Dayton | WA | 99328 | PC | Core | $42,000 |
| Port of Columbia for All Saints Thrift Strore | ||||||
| 247 E Main Street | Dayton | WA | 99328 | GOV | Core | $45,000 |
| Rhizome | ||||||
| 1403 NE 82nd Street | Seattle | WA | 98115 | PC | Impact | $10,000 |
| Rural Development Initiatives | ||||||
| 91017 S Willamette Street | Coburg | OR | 97408 | PC | Invitational | $118,937 |
| Rural Youth Enrichment Services | ||||||
| 301 Main Street | Waitsburg | WA | 99361 | PC | Impact | $12,000 |
| Salvation Army | ||||||
| 825 W Aldere Street | Walla Walla | WA | 99362 | PC | Core Mutliyear/ Legacy | $26,000 |
| Social Venture Partners for Statewide Capacity Collective | ||||||
| 1200 12th Ave South Suite 1101 | Seattle | WA | 98114 | PC | Invitational | $5,000 |
| Tri-County Partners Habitat for Humanity | ||||||
| 1005 Knight Street | Richland | WA | 99352 | PC | Core | $200,000 |
| Vital Wines | ||||||
| PO Box 15 | Walla Walla | WA | 99362 | PC | Core Multiyear | $20,000 |
| Waitsburg Town Hall | ||||||
| 121 Main Street | Waitsburg | WA | 99361 | PC | Core | $45,000 |
| Walla Walla Area Crime Watch | ||||||
| PO Box 216 | Walla Walla | WA | 99362 | PC | Impact | $15,000 |
| Walla Walla Senior Center | ||||||
| 720 Sprague Street | Walla Walla | WA | 99362 | PC | Legacy | $1,000 |
| Walla Walla Symphony Society Inc | ||||||
| 13 1/2 Main Street Suite 201 | Walla Walla | WA | 99362 | PC | Legacy | $5,000 |
| Walla Walla Valley Historical Society db Fort WW | ||||||
| 755 Myra Road | Walla Walla | WA | 99362 | PC | Legacy | $5,000 |
| YMCA of Walla Walla | ||||||
| 340 Park Street | Walla Walla | WA | 99362 | PC | Legacy | $5,000 |
| YWCA of Walla Walla | ||||||
| 213 S First Ave | Walla Walla | WA | 99362 | PC | Core/Legacy | $205,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,529,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $328 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $744,176 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $544,392 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,288,896 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,288,896 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting & Bookkeeping | CategoryTxt |
| Amt | $14,066 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,066 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Blackstone Partners Offshore Fund | FMV | $5,855,453 | $5,855,453 |
| Liberty Lakes Land Co LLC | FMV | $1,016,073 | $1,016,073 |
| Walla Walla Country Club | FMV | $100 | $100 |
| American Funds Europacific | FMV | $5,121,433 | $5,121,433 |
| Schwab Government Money Market Fund | FMV | $3,185,416 | $3,185,416 |
| Dodge & Cox International Stock | FMV | $4,764,715 | $4,764,715 |
| Dodge & Cox Stock Fund | FMV | $5,450,664 | $5,450,664 |
| T. Rowe Price - Lg. Cap. Growth | FMV | $5,272,821 | $5,272,821 |
| Vanguard Small Cap Index | FMV | $1,468,855 | $1,468,855 |
| Dodge & Cox - Income Fund | FMV | $2,181,847 | $2,181,847 |
| Vanguard Inflation | FMV | $1,066,975 | $1,066,975 |
| Voya Floating Rate Fund | FMV | $1,747,664 | $1,747,664 |
| Schwab Cash | FMV | $129 | $129 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance | $2,568 | $0 | $2,568 |
| Office Expense | $7,751 | $0 | $7,751 |
| Dues & Subscriptions | $8,097 | $0 | $8,097 |
| IT other | $3,508 | $0 | $3,508 |
| Marketing | $3,702 | $0 | $3,702 |
| Nonproift Learning | $19,792 | $0 | $19,792 |
| Staff Development | $710 | $0 | $710 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment Valuation Adjustment | Desc |
| Amt | $2,655,437 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Compensation Payable | Desc |
| BOY Book Value | $38,089 | BOYBookValueAmt |
| EOY Book Value | $25,526 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Consulting | CategoryTxt |
| Amt | $92,023 | Amt |
| Net Investment Income | $92,023 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Payroll Tax | $16,657 | $2,499 | $14,567 |
| Excise Tax | $35,958 | $0 | $0 |
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