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Sherman Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 952672431 ✦ Newport beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sherman Foundation?

The Sherman Foundation is a nonprofit organization based in Newport Beach, California, specifically at 567 SAN NICOLAS DRIVE 220, CA 92660. Its mission is centered around the operation of the Sherman Library & Gardens, a tranquil haven that caters to the public's appreciation of regional history, horticulture, and the arts. The unique botanical collection at the gardens spans various climates globally, from desert vegetation to exotic tropical plants. The library within the foundation specializes in the history of the Pacific Southwest and houses a collection of California Impressionist art. In addition to its collections and exhibitions, the Sherman Library & Gardens hosts a multitude of public and private events, such as outdoor sculpture displays, concerts, horticulturally-themed dinners, community meetings, educational and wellness classes, lectures, children's programs, garden tours, and festivals. The foundation's efforts are supported by dedicated volunteers who put in a combined total of 8,019 and 2,663 hours annually.


Official website here: www.thesherman.org

What are the reviews and ratings of this charity?

97% rating from Charity Navigator signifies that the Sherman Foundation is recognized for its exceptional accountability and financial health. The organization has earned a Four-Star out of Four Star rating, indicating strong management practices and a commitment to transparency in its operations.

The foundation showcases notable strengths, particularly with a perfect score in Accountability & Finance. It has a fully independent board, exemplary financial oversight, and robust policies that include conflict of interest and whistleblower protocols. Additionally, the financial ratios demonstrate a solid program expense ratio of 87.19% and an impressive fundraising efficiency, ensuring that a significant portion of donations is used effectively towards its mission.

There are no significant limitations reported in the data, highlighting the foundation’s stability and sound practices. With a low liabilities to assets ratio and a working capital ratio that indicates financial resilience, the Sherman Foundation stands out as a well-managed nonprofit committed to its goals and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Sherman Foundation?

94% of 485 reviewers on Facebook recommend the Sherman Foundation. Here is a summary of their reviews:

Many users highlight the success of events hosted by the nonprofit, such as the Mother's Day Brunch, which received positive remarks for its beautiful venue and excellent organization. Reviewers appreciate the overall experience, indicating that events are well-planned and enjoyable.

The sentiment towards the Sherman Foundation is overwhelmingly positive, with numerous attendees expressing satisfaction with the services and events provided. It appears the organization effectively delivers memorable experiences, further enhancing its reputation in the community.


This AI summary has been generated from reviews found on Facebook.

Is Sherman Foundation legitimate?

Sherman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherman Foundation 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: $83,349
Other Salaries and Wages: $1,325,856

For more financial information, click here


Official website here: www.thesherman.org

What is the mission statement of Sherman Foundation?

The Sherman Foundation operates a public space called the Sherman Library & Gardens, located in a specific location which is not mentioned. The mission of this institution is to provide an inspiring, educational, and appreciative environment for the public, focusing on regional history, horticulture, and the arts. The gardens showcase a diverse range of plant life from various parts of the world, extending from desert flora to exotic vegetation in tropical climates. The library is a historical research center specializing in the history of the Pacific Southwest, and it also houses a collection of California Impressionist art. In addition to collections and exhibitions, the Library & Gardens hosts a variety of public and private events, including outdoor sculpture displays, concerts, educational and wellness classes, lectures, children's programs, garden tours, and festivals.


Official website here: www.thesherman.org

Who is the CEO of Sherman Foundation?

Gary Pickett is the President of Sherman Foundation.


Official website here: www.thesherman.org

What is the revenue of Sherman Foundation?

Sherman Foundation's revenue in 2022 was $2,966,996.


Official website here: www.thesherman.org

Who are the executives of Sherman Foundation and what are their salaries?

The average compensation at Sherman Foundation during 2022 was $30,133. There are 44 employees and 125 volunteers at Sherman Foundation.


Here are 11 key members and their salaries:


Gary Pickett (President)
  • Compensation: $0
  • Related: $903,489
  • Other: $22,609
A Scott Lafleur (Exec Dir-Sl&G)
  • Compensation: $225,000
  • Related: $0
  • Other: $16,717
Kyle Cheesborough (Garden Director)
  • Compensation: $131,250
  • Related: $0
  • Other: $5,299
Dt Daniels (Trustee)
  • Compensation: $0
  • Related: $102,000
  • Other: $0
Julie Pedersen (Secretary)
  • Compensation: $32,550
  • Related: $0
  • Other: $9,482
Matt Echeverria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Stacy Cannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Avery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Cadwalader (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thesherman.org

Where can I find the form 990 for Sherman Foundation?

Sherman Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thesherman.org

Learn more at the official website: www.thesherman.org

Mission Statement of Sherman Foundation

The Sherman Foundation, a non-profit organization, is dedicated to the operation of Sherman Library & Gardens, an oasis that offers inspiration, education, and appreciation for regional history, horticulture, and the arts. The foundation's mission is twofold, encompassing both the library and gardens.

Sherman Library serves as a historical research library, specializing in the history of the Pacific Southwest, while also housing a collection of California Impressionist art. On the other hand, Sherman Gardens boasts an extensive botanical collection that spans the globe, showcasing plant life from deserts to tropical climates.

The Sherman Foundation hosts a variety of public and private events, such as outdoor sculpture displays, concerts, horticulturally themed dinners, educational and wellness classes, lectures, children's programs, garden tours, and festivals. These events aim to engage the community and broaden their understanding of the collections and exhibitions the foundation offers.

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Impact




June, 2024

Sherman Foundation, through its operation of Sherman Library & Gardens in Corona Del Mar, CA, provides the public with an oasis of inspiration, education, and appreciation of regional history, horticulture, and the arts. Sherman Gardens features an extensive botanical collection from around the globe, showcasing plant life from deserts to tropical climates. The Sherman Library specializes in the history of the Pacific Southwest and houses a collection of California Impressionist art.

In addition to the collections and exhibitions, Sherman Library & Gardens hosts a diverse range of public and private events, including outdoor sculpture displays, concerts, horticulturally themed dinners, community meetings, educational and wellness classes, lectures, children's programs, garden tours, and festivals. In the past year, Sherman Gardens welcomed 99,941 visitors, and the Sherman Gardens Volunteer Association and docents contributed a total of 10,682 hours.

Overall, Sherman Foundation's impact is evident in its promotion of environmental awareness, historical education, and cultural appreciation through the vibrant programs and offerings at Sherman Library & Gardens.




This information is meant to be a general summary of Sherman Foundation. 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.

Revenue
$2,966,996 (2022)
Expenses
$2,584,599 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $816,585
  • Program Service Revenue: $403,323
  • Gross Receipts: $6,038,736

Assets and Liabilities:

  • Total Assets: $20,971,786
  • Total Liabilities: $177,563
  • Net Assets: $20,794,223

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$374,473

DIRECTORY USE

Revenue

$28,850

Organization Details

Founding Year

1951

Principal Officer

Gary Pickett

Main Address

567 SAN NICOLAS DRIVE 220, NEWPORT BEACH, CA, 92660

NTEE Category

Code: C120 - Environment

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