SHERMAN FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SHERMAN FAMILY FOUNDATION (EIN 52-6723302)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202133199349103868
- Schema version
- 2020v4.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T12:35:47-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341912961 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHEN & COMPANY LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | OFFICES LISTED AT | AddressLine1Txt |
| City | WWWCOHENCPACOM | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526723302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHER | BusinessNameControlTxt |
| Phone | 3056040500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 LAGORCE CIRCLE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33141 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETSY SHERMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3056040500 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BETSY | PersonFirstNm |
| Person Last | SHERMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNA RADOCAJ | PreparerPersonNm |
| PTIN | P01247490 | PTIN |
| Phone | 8002291099 | PhoneNum |
| Preparation | 2021-11-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $41,941,688 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $2,148 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,148 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $323,355 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $323,355 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,139,294 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,310,794 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,139,294 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $185,082 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $185,082 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,649,879 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,649,879 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $36,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $36,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $101,928 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $75 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $75 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $138,003 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $75 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,783,478 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,783,478 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,921,481 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $75 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,819,478 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,728,398 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,649,804 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,410,591 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,913,107 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,913,107 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $27,422,333 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,970,358 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $25,970,358 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,105,804 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,058,223 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,058,223 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,000,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $40,938,728 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,941,688 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $41,941,688 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $40,938,728 | RetainedEarningBOYAmt |
| Retained Earning EOY | $41,941,688 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,938,728 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,941,688 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,938,728 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,941,688 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,938,728 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,728,398 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $43,667,126 | SubtotalAmt |
| Other Decreases | $1,725,438 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $41,941,688 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| CAPITAL GAIN FROM PASS-THROUGH | P | $5,181 | $5,181 | $5,181 | |
| REXNORD - SCHWAB | P | $155,481 | -$16,019 | -$16,019 | $171,500 |
| REXNORD - CALL - SCHWAB | P | $29,983 | $29,983 | $29,983 | |
| REXNORD - SCHWAB | P | $1,096,199 | $1,096,199 | $1,096,199 | |
| JPMORGAN | P | $561,650 | $561,650 | $561,650 | |
| JPMORGAN | P | $3,976,919 | $3,976,919 | $3,976,919 | |
| CAPITAL GAINS DIVIDENDS | P | $485,381 | $485,381 | $485,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,139,294 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $92,432 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $92,432 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $92,432 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $150,000 | 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 | $150,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $752 | EsPenaltyAmt |
| Overpayment | $56,816 | OverpaymentAmt |
| Applied To ES Tax | $56,816 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | BETSY SHERMAN | IndividualWithBooksNm |
| Phone | 3056040500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 LAGORCE CIRCLE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33141 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETSY SHERMAN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 LAGORCE CIRCLE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33141 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $40,331,861 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,597,610 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $44,929,471 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $44,929,471 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $673,942 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $44,255,529 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,212,776 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,212,776 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $92,432 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $92,432 | TotalTaxAmt |
| Distributable Before Adj | $2,120,344 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,120,344 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,120,344 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,819,478 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,819,478 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,819,478 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,120,344 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,428,896 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,739,189 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,719,896 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,753,655 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,785,315 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,426,951 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,819,478 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,120,344 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,699,134 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,126,085 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,428,896 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,697,189 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,739,189 | ExcessFromYear4Amt |
| Excess From Year3 | $1,719,896 | ExcessFromYear3Amt |
| Excess From Year2 | $1,753,655 | ExcessFromYear2Amt |
| Excess From Year1 | $1,785,315 | ExcessFromYear1Amt |
| Excess From Current Year | $1,699,134 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BETSY SHERMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADRIENE ARSHT CENTER FOR THE PERFORMING ARTS | |||||||
| 1300 BISCAYNE BLVD | MIAMI | FL | 33132 | N/A | PUBLIC | GENERAL OPERATIONS | $100,000 |
| BALTIMORE COMMUNITY FOUNDATION INC | |||||||
| 2 E READ ST 9TH FL | BALTIMORE | MD | 21202 | N/A | PUBLIC | GENERAL OPERATIONS | $60,000 |
| BALTIMORE DESIGN SCHOOL | |||||||
| 1500 BARCLAY STREET | BALTIMORE | MD | 21202 | N/A | PUBLIC | GENERAL OPERATIONS | $40,000 |
| BALTIMORE MUSEUM OF ARTS | |||||||
| 10 ART MUSEUM DRIVE | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 |
| BALTIMORE SCHOOL FOR THE ARTS | |||||||
| 712 CATHEDRAL STREET | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $12,000 |
| BALTIMORE SYMPHONY ORCHESTRA | |||||||
| 1212 CATHEDRAL STREET | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $500,000 |
| BREAKTHROUGH MIAMI | |||||||
| 3250 SOUTHWEST 3RD AVENUE | MIAMI | FL | 33129 | N/A | PUBLIC | GENERAL OPERATIONS | $10,800 |
| BROOKLYN MUSEUM | |||||||
| 200 EASTERN PARKWAY | BROOKLYN | NY | 11238 | N/A | PUBLIC | GENERAL OPERATIONS | $50,000 |
| CENTER FOR URBAN FAMILIES INC | |||||||
| 3002 DRUID PARK DRIVE | BALTIMORE | MD | 21215 | N/A | PUBLIC | GENERAL OPERATIONS | $40,000 |
| CENTER STAGE | |||||||
| 700 NORTH CALVERT STREET | BALTIMORE | MD | 21202 | N/A | PUBLIC | GENERAL OPERATIONS | $265,000 |
| CHURCH OF THE HOLY TRINITY | |||||||
| 2300 W LAFAYETTE AVE | BALTIMORE | MD | 21202 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 |
| COMMUNITY FOUNDATION OF GREATER NEW BRITAIN | |||||||
| 74A VINE STREET | NEW BRITAIN | CT | 06052 | N/A | PUBLIC | GENERAL OPERATIONS | $1,000 |
| CRISTO REY JESUIT HIGH SCHOOL | |||||||
| 420 SOUTH CHESTER STREET | BALTIMORE | MD | 21231 | N/A | PUBLIC | GENERAL OPERATIONS | $75,000 |
| FAMILY TREE THE | |||||||
| 2108 NORTH CHARLES STREET | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $100,000 |
| FISHER ISLAND PHILANTHROPIC FUND | |||||||
| 3250 SW THIRD AVENUE | MIAMI | FL | 33129 | N/A | PUBLIC | GENERAL OPERATIONS | $25,000 |
| FIU IMPACT | |||||||
| 1751 NW 36TH ST | MIAMI | FL | 33142 | N/A | PUBLIC | GENERAL OPERATIONS | $2,000 |
| FUND FOR EDUCATIONAL EXCELLENCE | |||||||
| 800 N CHARLES ST | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $100,000 |
| GREEN STREET ACADEMY | |||||||
| 125 N HILTON ST | BALTIMORE | MD | 21229 | N/A | PUBLIC | GENERAL OPERATIONS | $200,000 |
| GUARDIAN BALTIMORE | |||||||
| 2227 HUNTINGTON AVE | BALTIMORE | MD | 21211 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 |
| HOLISTIC LIFE FOUNDATION INC | |||||||
| 1014 W 36ST ST SUITE 403 | BALTIMORE | MD | 21211 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 |
| JEMICY SCHOOL | |||||||
| 11202 GARRISON FOREST ROAD | OWINGS MILLS | MD | 21117 | N/A | PUBLIC | GENERAL OPERATIONS | $30,000 |
| JOHNS HOPKINS MEDICINE | |||||||
| 733 NORTH BROADWAY | BALTIMORE | MD | 21205 | N/A | PUBLIC | GENERAL OPERATIONS | $2,000 |
| KIPP 3D ACADEMY | |||||||
| 500 TIDWELL RD | HOUSTON | TX | 77022 | N/A | PUBLIC | GENERAL OPERATIONS | $25,000 |
| LONG ISLAND UNIVERSITY | |||||||
| 1 UNIVERSITY PLAZA | BROOKLYN | NY | 11201 | N/A | PUBLIC | GENERAL OPERATIONS | $60,344 |
| MARYLAND PUBLIC TELEVISION | |||||||
| 11767 OWINGS MILL BOULEVARD | OWINGS MILLS | MD | 21117 | N/A | PUBLIC | GENERAL OPERATIONS | $25,000 |
| REBUILD METRO | |||||||
| 1129 N CAROLINE ST | BALTIMORE | MD | 21213 | N/A | PUBLIC | GENERAL OPERATIONS | $119,500 |
| TEACH FOR AMERICA BALTIMORE | |||||||
| 2601 N HOWARD ST SUITE 300 | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $505,000 |
| UMBC | |||||||
| 1000 HILLTOP CIRCLE | BALTIMORE | MD | 21250 | N/A | PUBLIC | GENERAL OPERATIONS | $2,834 |
| UNITED WAY OF CENTRAL MARYLAND | |||||||
| PO BOX 1576 | BALTIMORE | MD | 21203 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 |
| URBAN TEACHERS | |||||||
| 1800 WASHINGTON BLVD 411 | BALTIMORE | MD | 21230 | N/A | PUBLIC | GENERAL OPERATIONS | $150,000 |
| USMF INC | |||||||
| 3300 METZEROTT ROAD | ADELPHI | MD | 20783 | N/A | PUBLIC | GENERAL OPERATIONS | $1,225,000 |
| WALLKILL VALLEY LAND TRUST | |||||||
| 64 HUGUENOT ST | NEW PALTZ | NY | 12561 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 |
| WLRN - FRIENDS OF WLRN INC | |||||||
| PO BOX 01-2500 | MIAMI | FL | 33101 | N/A | PUBLIC | GENERAL OPERATIONS | $3,000 |
| WYPR RADIO | |||||||
| 2216 NORTH CHARLES STREET | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,783,478 | 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 | $2,148 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $323,355 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $185,082 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,139,294 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,649,879 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,649,879 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES | StockNm |
| EOY Book Value | $25,970,358 | EOYBookValueAmt |
| EOYFMV | $25,970,358 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BLACKSTONE REAL ESTATE PARTNERS VII | FMV | $494,160 | $494,160 |
| STRATEGIC PARTNERS FUND V, LP | FMV | $283,284 | $283,284 |
| CYPRESS PERFORMANCE GROUP LLC | FMV | $6,124,056 | $6,124,056 |
| SHARPVUE | FMV | $237,513 | $237,513 |
| CAMDEN PARTNERS STRATEGIC FUND VI, LP | FMV | $529,114 | $529,114 |
| FIRSTMARK CAPITAL OF III, LP | FMV | $262,491 | $262,491 |
| SEVENTH CINVEN FUND (NO 1) LP | FMV | $119,305 | $119,305 |
| STRATEGIC PARTNERS V COMMUNICATIONS | FMV | $8,300 | $8,300 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REINVESTMENT/LOAN RECEIVABLE | Desc |
| BOY Book Value | $1,000,000 | BOYBookValueAmt |
| EOY Book Value | $1,000,000 | EOYBookValueAmt |
| EOYFMV | $1,000,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED ACTIVITY | Desc |
| Amt | $1,725,438 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHARLES SCHWAB FEES | Desc |
| Revenue And Expenses Per Books | $75 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $75 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| STRATEGIC V | $22,401 | $22,401 | $22,401 |
| STRATEGIC PARTNERS FUND V, LP | $10,822 | $10,822 | $10,822 |
| BREP VII ALBERTA FEEDER (OFFSHORE) F AIV2 | $1,811 | $1,811 | $1,811 |
| BREP VII ALBERTA FEEDER (OFFSHORE) F-NQ LP | $12,933 | $12,933 | $12,933 |
| CYPRESS PERFORMANCE GROUP, LLC | $202,249 | $202,249 | $202,249 |
| BLACKSTONE REAL ESTATE PARTNERS VII.F | $591 | $591 | $591 |
| SHARPVUE | $6,293 | $6,293 | $6,293 |
| BREP VII ALBERTA | $4,574 | $4,574 | $4,574 |
| SEVENTH CINVEN | -$16,524 | -$16,524 | -$16,524 |
| FIRSTMARK | -$2,508 | -$2,508 | -$2,508 |
| STRATEGIC V COMM AIV | -$27 | -$27 | -$27 |
| CAMDEN PARTNERS STRATEGIC FUND VI, LP | -$57,533 | -$57,533 | -$57,533 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $36,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $36,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $101,928 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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