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THE RON AND EVA-MARIA SHER FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE RON AND EVA-MARIA SHER FOUNDATION (EIN 92-2765467)
Tax period
2023-03-02 to 2023-12-31
Filed
2024-05-02
IRS object ID
202411239349100421
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-02T11:41:42-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-03-02TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN922765467EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Ron and Eva-Maria Sher FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlRONABusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN S TRUEPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKAREN SPersonFirstNm
Person LastTRUEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$17,031FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$178,732ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$126InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$126InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$1,404NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$152,328GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$144,875CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$177,454TotalRevAndExpnssAmt
Total Net Invst Incm$145,001TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$21,875OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$21,875OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$6,548OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$6,548OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$28,423TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$28,423TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$132,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$132,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$160,423TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$160,423TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$17,031ExcessRevenueOverExpensesAmt
Net Investment Income$145,001NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst EOY$17,031SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$17,031SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$0TotalAssetsBOYAmt
Total Assets EOY$17,031TotalAssetsEOYAmt
Total Assets EOYFMV$17,031TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning EOY$17,031RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$0TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$17,031TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$0TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$17,031TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$0TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$17,031ExcessRevenueOverExpensesAmt
Subtotal$17,031SubtotalAmt
Tot Net Ast Or Fund Balances EOY$17,031TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$152,328GrossSalesPriceAmt
Cost Or Other Basis$7,453CostOrOtherBasisAmt
Gain Or Loss$144,875GainOrLossAmt
Gains Minus Excess Or Losses$144,875GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$144,875CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,016InvestmentIncomeExciseTaxAmt
Subtotal$2,016SubtotalAmt
Tax Based On Investment Income$2,016TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$2,016TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
David Beckerman
Foundation Source 501 Silverside RdWilmingtonDE198091377Treas1.0$0$0$0
Ron Sher
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
Karen True
Foundation Source 501 Silverside RdWilmingtonDE198091377Sec1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,511AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$26,537AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$31,048TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$31,048AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$466CashDeemedCharitableAmt
Net Vl Noncharitable Assets$30,582NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,278MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,278MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,016TaxBasedOnInvestmentIncomeAmt
Total Tax$2,016TotalTaxAmt
Distributable Before Adj$0DistributableBeforeAdjAmt
Distributable Before Ded$0DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$160,423ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$160,423QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Qualifying Distributions$160,423QualifyingDistributionsAmt
Applied To Current Year$0AppliedToCurrentYearAmt
Remaining Distri From Corpus$160,423RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$160,423TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$160,423ExcessDistriCyovToNextYrAmt
Excess From Current Year$160,423ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRon SherContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALASKA WILDERNESS LEAGUE
122 C ST NW SUITE 240WASHINGTONDC20001N/APCGeneral & Unrestricted$2,500
AMERICAN FORESTS
1220 L ST NW STE 750WASHINGTONDC20005N/APCGeneral & Unrestricted$1,000
BIKE WORKS SEATTLE
3709 S FERDINAND STSEATTLEWA98118N/APCGeneral & Unrestricted$7,500
BRAIDED RIVER
1001 SW KLICKITAT WAY STE 201SEATTLEWA98134N/APCfunds for general support and "Big River Book" project$2,000
BRAIDED RIVER
1001 SW KLICKITAT WAY STE 201SEATTLEWA98134N/APCGeneral & Unrestricted$2,500
CASCADE BICYCLE CLUB
7787 62ND AVE NESEATTLEWA98115N/APCGeneral & Unrestricted$2,500
COLORADO COLLEGE
14 E CACHE LA POUDRE STCOLORADO SPRINGSCO80903N/APCGeneral & Unrestricted$10,000
EASTRAIL PARTNERS
12011 NE BEL-RED RDBELLEVUEWA98005N/APCGeneral & Unrestricted$1,000
FORTERRA NW
5101 14TH AVE NW STE 200 307SEATTLEWA98107N/APCGeneral & Unrestricted$10,000
FOUR WINDS INC
PO BOX 140DEER HARBORWA98243N/APCGeneral & Unrestricted$1,000
FUTUREWISE
816 2ND AVE 200SEATTLEWA98104N/APCGeneral & Unrestricted$5,000
GIRAFFE PROJECT INC
PO BOX 759LANGLEYWA98260N/APCGeneral & Unrestricted$500
GRIST MAGAZINE INC
1501 E MADISON ST SUITE 650SEATTLEWA98122N/APCGeneral & Unrestricted$500
ISLANDWOOD
4450 BLAKELY AVE NEBAINBRIDGE ISWA98110N/APCGeneral & Unrestricted$5,000
KUOW-PUGET SOUND PUBLIC RADIO
4518 UNIVERSITY WAY NE STE 310SEATTLEWA98105N/APCGeneral & Unrestricted$1,500
M-LISADA AFRICA FOUNDATION
130 E 12TH ST APT 6BNEW YORKNY10003N/APCGeneral & Unrestricted$2,000
MEERKERK RHODODENDRON GARDENS
PO BOX 154GREENBANKWA98253N/APCGeneral & Unrestricted$1,000
NATURE BRIDGE
1033 FORT CRONKHITESAUSALITOCA94965N/APCGeneral & Unrestricted$5,000
NATURE CONSERVANCY - WASHINGTON
74 WALL STSEATTLEWA98121N/APCGeneral & Unrestricted$5,000
ORGANIC FARM SCHOOL FORMERLY GREENBANK FARM MANAGE
PO BOX 837FREELANDWA98249N/APCGeneral & Unrestricted$5,000
PCC FARMLAND TRUST
1501 E MADISON ST STE 520SEATTLEWA98122N/APCGeneral & Unrestricted$1,000
PITZER COLLEGE
1050 N MILLS AVECLAREMONTCA91711N/APCGeneral & Unrestricted$15,000
PLANNED PARENTHOOD GREAT NORTHWEST HAWAII ALASKA I
2001 E MADISON STSEATTLEWA98122N/APCGeneral & Unrestricted$1,000
POSITIVE FUTURES NETWORK
PO BOX 1219POULSBOWA98370N/APCGeneral & Unrestricted$1,500
RAILS TO TRAILS CONSERVANCY
2445 M ST NW STW 650WASHINGTONDC20037N/APCGeneral & Unrestricted$1,000
THE MOUNTAINEERS
7700 SAND POINT WAY NESEATTLEWA98115N/APCGeneral & Unrestricted$1,000
THE MOUNTAINS TO SOUND GREENWAY TR
2701 1ST AVE STE 240SEATTLEWA98121N/APCGeneral & Unrestricted$2,500
TIBETAN NUNS PROJECT
815 SEATTLE BLVD S STE 216SEATTLEWA98134N/APCGeneral & Unrestricted$3,000
TILTH ALLIANCE
4649 SUNNYSIDE AVE N STE 100SEATTLEWA98103N/APCGeneral & Unrestricted$1,000
TRUST FOR PUBLIC LAND
PO BOX 889336LOS ANGELESCA90088N/APCGeneral & Unrestricted$10,000
WASHINGTON CONSERVATION ACTION EDUCATION FUND
1402 THIRD AVE SUITE 1400SEATTLEWA98101N/APCGeneral & Unrestricted$7,500
WASHINGTON STATE UNIVERSITY FOUNDATION
PO BOX 641927PULLMANWA99164N/APCBread Lab at Mount Vernon - GF002855 Fund$10,000
WASHINGTON WILDLIFE AND RECREATION COALITION
6716 E SIDE DR NE 1-302TACOMAWA98422N/APCGeneral & Unrestricted$1,000
WHIDBEY ENVIRONMENTAL ACTION NETWORK
PO BOX 293LANGLEYWA98260N/APCGeneral & Unrestricted$2,500
WHIDBEY WATERSHED STEWARDS
PO BOX 617LANGLEYWA98260N/APCGeneral & Unrestricted$1,000
YOUTH SERVICE AMERICA
1050 CONNECTICUT AVE NW UNIT 65525WASHINGTONDC20035N/APCGeneral & Unrestricted$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$132,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$126ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$1,404ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$1,278ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$1,278TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSher RonContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14957 Lakemont Blvd SE C4-11AddressLine1Txt
CityBellevueCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98006ZIPCd
FieldValueIRS element (for citing)
Total Contributions$178,732TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1TESLA MOTORS INC TSLA, 150 sh.$37,7152023-09-05
1COSTCO WHOLESALE CORPORATION COST, 100 sh.$56,7872023-10-02
1COSTCO WHOLESALE CORPORATION COST, 100 sh.$59,2312023-11-24

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonKaren TruePersonNm
Short Explanation*KAREN TRUE, Secretary OF The Ron and Eva-Maria Sher Foundation, IS A DISQUALIFIED PERSON WITH RESPECT TO THE FOUNDATION. DURING TAXABLE YEAR ENDING 12/31/2023, THE FOUNDATION PAID $21,875 TO KAREN TRUE FOR ADMINISTRATIVE SERVICES AS REPORTED IN FORM 990-PF, PART I, LINE 16C.ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2023 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $132,000. This amount represents 25% or more of the Foundation's net assets of $25,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$504$504
Administrative Set-Up Fee$4,400$4,400
Delaware Incorporation Fees$500$500
IRS Application Fees$600$600
TRAINING & PROF DEVELOPMENT$500$500
Website Hosting/Support$44$44

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryAdministration of FoundationCategoryTxt
Amt$21,875Amt
Disbursements Charitable Prps$21,875DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonSher RonPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14957 Lakemont Blvd SE C4-11AddressLine1Txt
CityBellevueCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98006ZIPCd