SHERMAN FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SHERMAN FAMILY FOUNDATION (EIN 52-6723302)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201633209349101843
- Schema version
- 2015v2.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T12:05:49-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521471836 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARTHUR F BELL JR & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 INTERNATIONAL CIRCLE SUITE 400 | AddressLine1Txt |
| City | HUNT VALLEY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | 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 | GEORGE SHERMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3056040500 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINA A BLANDEBURGO CPA | PreparerPersonNm |
| PTIN | P01294479 | PTIN |
| Phone | 4107710001 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,436,503 | 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 | $171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $171 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $198,641 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $198,641 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,358,514 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,020,808 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,338,360 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$121,780 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,218 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,435,546 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,550,390 | 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 |
| Taxes Rev And Expnss | $3,126 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,126 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,255 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,255 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $15,381 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,381 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,860,925 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,860,925 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,876,306 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,381 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,860,925 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,440,760 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,535,009 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $398,667 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $301,423 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $301,423 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $28,467,525 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,727,723 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,727,723 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,659,746 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,407,357 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,407,357 | 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 | $32,525,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,436,503 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,436,503 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $32,525,938 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,436,503 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,525,938 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,436,503 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,525,938 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,436,503 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,525,938 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,440,760 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $31,085,178 | SubtotalAmt |
| Other Decreases | $4,648,675 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,436,503 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| CHESAPEAKE INVESTMENTS II LIMITED PARTNERSHIP | P | $15,702 | $15,702 | ||
| CHESAPEAKE INVESTMENTS III LIMITED PARTNERSHIP | P | $84,589 | $84,589 | ||
| THIRD CINVEN FUND US NO. 2 | P | $28,943 | $28,943 | ||
| STRATEGIC PARTNERS FUND V, LP | P | $133,601 | $133,601 | ||
| BLACKSTONE REAL ESTATE PARTNERS VII.F-NQ LP | P | -$116 | -$116 | ||
| MERRILL LYNCH 04D29 | P | $26,200 | $26,200 | ||
| SCHWAB 0809 | P | $323,898 | $323,898 | ||
| ROYCE LOW PRICED | P | -$25,622 | -$25,622 | $422,516 | $448,138 |
| ROYCE LOW PRICED | P | -$12,650 | -$12,650 | $208,588 | $221,238 |
| ROYCE LOW PRICED | P | $125,319 | $125,319 | $1,771,302 | $1,645,983 |
| BLACKSTONE REAL ESTATE PARTNERS VII.F | P | $20,094 | $20,094 | ||
| CAPITAL GAINS DIVIDENDS | P | $618,402 | $618,402 | $618,402 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,338,360 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,331,215 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $31,884,115 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.073115 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,354,571 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $28,381,185 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.082962 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,275,693 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,122,263 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.102869 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $453,063 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,295,644 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.021275 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $636,576 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,761,892 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.035839 | DistributionYr5Rt |
| Total Distribution | 0.316060 | TotalDistributionRt |
| Average Distribution | 0.063212 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,947,584 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,829,835 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $15,350 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,845,185 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,860,925 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $15,350 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,350 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,350 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,333 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,333 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $172 | EsPenaltyAmt |
| Tax Due | $9,189 | TaxDueAmt |
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 | 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 | GEORGE M 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE M 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 | $25,157,723 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $647,813 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,582,874 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,388,410 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,388,410 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $440,826 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,947,584 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,447,379 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,447,379 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,350 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,350 | TotalTaxAmt |
| Distributable Before Adj | $1,432,029 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,432,029 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,432,029 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,860,925 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,860,925 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $15,350 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,845,575 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,432,029 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $1,194,068 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $965,614 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $790,609 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,950,291 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,860,925 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,432,029 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,428,896 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,379,187 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,379,187 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $1,194,068 | ExcessFromYear3Amt |
| Excess From Year2 | $965,614 | ExcessFromYear2Amt |
| Excess From Year1 | $790,609 | ExcessFromYear1Amt |
| Excess From Current Year | $1,428,896 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GEORGE M SHERMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ADRIENE ARSHT CENTER FOR THE PERFORMING ARTS | ||||||||
| 1300 BISCAYNE BLVD | MIAMI | FL | 33132 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 | |
| BALTIMORE COMMUNITY FOUNDATION INC | ||||||||
| 2 E READ ST 9TH FL | BALTIMORE | MD | 21202 | N/A | PUBLIC | GENERAL OPERATIONS | $400,000 | |
| BALTIMORE MUSEUM OF ARTS | ||||||||
| 10 ART MUSEUM DRIVE | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $2,500 | |
| BALTIMORE SYMPHONY ORCHESTRA | ||||||||
| 1212 CATHEDRAL STREET | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $40,000 | |
| BROOKLYN MUSEUM | ||||||||
| 200 EASTERN PARKWAY | BROOKLYN | NY | 11238 | N/A | PUBLIC | GENERAL OPERATIONS | $10,000 | |
| 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 OPERATIONSGENERAL OPERATIONS;LISTTOTAL 101000 | $250,000 | |
| CRISTO REY JESUIT HIGH SCHOOL | ||||||||
| 420 SOUTH CHESTER STREET | BALTIMORE | MD | 21231 | N/A | PUBLIC | GENERAL OPERATIONS | $60,000 | |
| FAMILY TREE THE | ||||||||
| 2108 NORTH CHARLES STREET | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $65,000 | |
| FRIENDS OF THE SMITHSONIAN | ||||||||
| PO BOX 37012 MRC 035 | WASHINGTON | DC | 20013 | N/A | PUBLIC | GENERAL OPERATIONS | $425 | |
| FRIENDS OF WLRN INC LLC | ||||||||
| DUPONT BUILDING 169 E FLAGLER ST | MIAMI | FL | 33131 | N/A | PUBLIC | GENERAL OPERATIONS | $8,000 | 1400 |
| GIRL SCOUTS | ||||||||
| 420 5TH AVENUE | NEW YORK | NY | 10018 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 | |
| JEMICY SCHOOL | ||||||||
| 11202 GARRISON FOREST ROAD | OWINGS MILLS | MD | 21117 | N/A | PUBLIC | GENERAL OPERATIONS | $2,000 | |
| JOHNS HOPKINS MEDICINE | ||||||||
| 733 NORTH BROADWAY | BALTIMORE | MD | 21205 | N/A | PUBLIC | GENERAL OPERATIONS | $2,500 | |
| KIPP FOUNDATION | ||||||||
| 135 MAIN STREET | SAN FRANCISCO | CA | 94105 | N/A | PUBLIC | GENERAL OPERATIONS | $25,000 | |
| KRISTI HOUSE INC | ||||||||
| 1265 NW 12TH AVENUE | MIAMI | FL | 33136 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 | |
| MARYLAND FOOD BANK | ||||||||
| 2200 HALETHORPE FARMS | BALTIMORE | MD | 21227 | N/A | PUBLIC | GENERAL OPERATIONS | $500 | |
| MARYLAND PUBLIC TELEVISION | ||||||||
| 11767 OWINGS MILL BOULEVARD | OWINGS MILLS | MD | 21117 | N/A | PUBLIC | GENERAL OPERATIONS | $1,000 | |
| MCDONOGH SCHOOL | ||||||||
| 8600 MCDONOGH ROAD | OWINGS MILLS | MD | 21117 | N/A | PUBLIC | GENERAL OPERATIONS | $32,500 | |
| MEALS ON WHEELS | ||||||||
| 515 SOUTH HAVEN STREET | BALTIMORE | MD | 21224 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 | |
| OPEN SOCIETY INSTITUTE - BALTIMORE | ||||||||
| 201 NORTH CHARLES STREET STE 1300 | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $25,000 | |
| PARK SCHOOL OF BALTIMORE | ||||||||
| 2425 OLD COURT ROAD | BALTIMORE | MD | 21208 | N/A | PUBLIC | GENERAL OPERATIONS | $250 | |
| PARKS & PEOPLE FOUNDATION | ||||||||
| 800 WYMAN PARK DRIVE SUITE 010 | BALTIMORE | MD | 21211 | N/A | PUBLIC | GENERAL OPERATIONS | $50,000 | |
| SANT BANI SCHOOL | ||||||||
| 19 ASHRAM ROAD | SANBORNTON | NH | 03269 | N/A | PUBLIC | GENERAL OPERATIONS | $40,000 | |
| SEED FOUNDATION INC | ||||||||
| 1776 MASSACHUSETTS AVENUE NW STE | WASHINGTON | DC | 20036 | N/A | PUBLIC | GENERAL OPERATIONS | $20,000 | 600 |
| SPECIAL OLYMPICS FLORIDA | ||||||||
| 1915 DON WICKHAM DRIVE | CLERMONT | FL | 34711 | N/A | PUBLIC | GENERAL OPERATIONS | $3,500 | |
| TEACH FOR AMERICA BALTIMORE | ||||||||
| 2601 N HOWARD ST SUITE 300 | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $250,000 | |
| UMBC FOUNDATION | ||||||||
| 1000 HILLTOP CIRCLE | BALTIMORE | MD | 21230 | N/A | PUBLIC | GENERAL OPERATIONS | $1,250,000 | |
| UNITED WAY OF CENTRAL MARYLAND | ||||||||
| PO BOX 1576 | BALTIMORE | MD | 21203 | N/A | PUBLIC | GENERAL OPERATIONS | $10,250 | |
| UNITED WAY OF MIAMI DADE | ||||||||
| 3250 SOUTHWEST 3RD AVENUE | MIAMI | FL | 33129 | N/A | PUBLIC | GENERAL OPERATIONS | $240,000 | |
| WALTERS ART MUSEUM | ||||||||
| 600 NORTH CHARLES STREET | BALTIMORE | MD | 21201 | N/A | PUBLIC | GENERAL OPERATIONS | $2,500 | |
| WYPR RADIO | ||||||||
| 2216 NORTH CHARLES STREET | BALTIMORE | MD | 21218 | N/A | PUBLIC | GENERAL OPERATIONS | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,860,925 | 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 | $171 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $198,641 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,218 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $20,154 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,338,360 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME FROM UBIT | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$134,998 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$114,844 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,550,390 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,435,546 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | CAPITAL GAINS TO 990-T | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | $20,154 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHARLES SCHWAB 0809 | $12,179,629 | $12,179,629 |
| MERRILL LYNCH | $869,566 | $869,566 |
| T. ROWE PRICE | $7,678,528 | $7,678,528 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BLACKSTONE REAL ESTATE PARTNERS VII | FMV | $1,062,538 | $1,062,538 |
| CHESAPEAKE INVESTMENTS II LP | FMV | $99,429 | $99,429 |
| CHESAPEAKE INVESTMENTS III LP | FMV | $190,161 | $190,161 |
| CS STRATEGIC PARTNERS V | FMV | $941,679 | $941,679 |
| GOLDMAN SACHS DEVELOPING MARKETS REAL ESTATE COMPANY | FMV | $62,563 | $62,563 |
| THIRD CINVEN FUND | FMV | $50,987 | $50,987 |
| ENCAPSYS | FMV | $2,000,000 | $2,000,000 |
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 LOSS ON INVESTMENTS | Desc |
| Amt | $4,648,675 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ACCOUNT FEES | $150 | $150 | $0 |
| ACCOUNTANT FEES | $12,105 | $12,105 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CHESAPEAKE INVESTMENTS II LP | -$18,686 | -$18,686 | -$18,686 |
| CHESAPEAKE INVESTMENTS III LP | -$113,141 | -$113,141 | -$113,141 |
| LOSS REPORTED ON 990-T | $134,998 | $134,998 | $134,998 |
| THIRD CINVEN FUND US NO. 2 | -$30 | -$30 | -$30 |
| CS STRATEGIC PARTNERS V | -$6,400 | -$6,400 | -$6,400 |
| CS STRATEGIC PARTNERS V COMMUNICATIONS AIV | -$79 | -$79 | -$79 |
| BLACKSTONE REAL ESTATE PARTNERS VII.F-NQ | $121 | $121 | $121 |
| BREP VII ALBERTA FEEDER (OFFSHORE) F LP | $4,505 | $4,505 | $4,505 |
| BREP VII ALBERTA FEEDER (OFFSHORE) F-AIV 2 LP | $20 | $20 | $20 |
| BREP VII ALBERTA FEEDER (OFFSHORE) F-NQ LP | $18,931 | $18,931 | $18,931 |
| ENCAPSYS | -$8,773 | -$8,773 | -$8,773 |
| BLACKSTONE REAL ESTATE PARTNERS VII.F | $1,752 | $1,752 | $1,752 |
| INCOME FROM UBIT | -$134,998 | -$134,998 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $3,126 | Amt |
| Net Investment Income | $3,126 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |