Overview
What is The Sherwood Oaks Fund?
The Sherwood Oaks Fund is a charitable organization based in Cranberry Township, Pennsylvania, with an address at 100 Norman Drive. Its primary mission is to support operational and capital programs within Pittsburgh Lifetime Care Community, also known as Sherwood Oaks. This organization, exempt from income taxation under IRS Code Section 501(C)(3), receives funds for various purposes. One of its notable initiatives is the Sherwood Oaks Employee Scholarship Program, where funds are collected and then directly disbursed to the colleges or universities of the employees who are awarded the scholarships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Sherwood Oaks Fund has received a commendable score of 94%, reflecting strong performance in accountability and finance. This high rating is derived from a comprehensive evaluation indicating that the charity maintains a high standard of transparency and effective governance, which is critical for donor trust and organizational efficiency.
The organization excels with a fully independent board of directors, demonstrating commitment to ethical oversight and conflict of interest policies. Additionally, there is no indication of material diversion of assets, showcasing responsible financial management. The charity's 100% program expense ratio also highlights its focus on utilizing funds for its mission rather than administrative costs.
While the rating reflects exceptional financial health and governance, there are no notable limitations indicated in the feedback. Overall, The Sherwood Oaks Fund stands out as a trustworthy nonprofit dedicated to maximizing the impact of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Sherwood Oaks Fund legitimate?
The Sherwood Oaks Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sherwood Oaks Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Sherwood Oaks Fund?
The Sherwood Oaks Fund supports various capital and operational programs within the Pittsburgh Lifetime Care Community, also known as Sherwood Oaks. As a charity exempt from income taxation under IRS Code Section 501(c)(3), its primary objective is to aid in the execution of existing programs at this organization. Notably, the fund has contributed to the Sherwood Oaks Employee Scholarship Program, directly disbursing scholarships to the chosen employees attending colleges or universities.
What is the revenue of The Sherwood Oaks Fund?
The Sherwood Oaks Fund's revenue in 2024 was $883,961.
Who are the executives of The Sherwood Oaks Fund and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Sherwood Oaks Fund?
The Sherwood Oaks Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Sherwood Oaks Fund
The Sherwood Oaks Fund, a charitable organization operating under IRS code section 501(C)(3), supports the capital and operational programs existing at Pittsburgh Lifetime Care Community, also known as Sherwood Oaks. This fund's primary mission is to contribute financially to various initiatives within the organization, aiming to enhance its services and capabilities. Notably, The Sherwood Oaks Fund has played a significant role in sponsoring the Sherwood Oaks Employee Scholarship Program. Through this program, the fund directly disburses scholarships to eligible employees who have been awarded scholarships to attend colleges or universities. This initiative not only supports the employees' educational pursuits but also contributes to the overall development of the organization by investing in its human capital.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Sherwood Oaks Fund significantly impacts the quality of life at the Pittsburgh Lifetime Care Community, enhancing both capital and operational programs. A key initiative of the fund is the Sherwood Oaks Employee Scholarship Program, which provides financial support for employees seeking higher education. By disbursing scholarships directly to the colleges and universities attended by awardees, the fund not only promotes professional development but also fosters a culture of continuous learning within the community. This investment in education empowers employees, enriches their skill sets, and ultimately benefits the residents of Sherwood Oaks, creating a more knowledgeable and engaged staff committed to providing exceptional care.
This information is meant to be a general summary of The Sherwood Oaks Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $5,671
- Gross Receipts: $883,961
Assets and Liabilities:
- Total Assets: $1,567,932
- Total Liabilities: $0
- Net Assets: $1,567,932
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Principal Officer
Gary Brandenberger
NTEE Category
Code: Z99 - Unknown
If you are a representative of The Sherwood Oaks Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.