CHEVY CHASE, MD
Sherman Fairchild Foundation Inc.
Quick Facts
- EIN
- 131951698
- Location
- CHEVY CHASE, MD
- Category
- Philanthropy & Grantmaking
- Total Assets
- $689.6M
- Annual Income
- $109.4M
- IRS Ruling Year
- 1957
About This Foundation
Sherman Fairchild Foundation Inc. is a private foundation based in CHEVY CHASE, MD. The foundation received its IRS ruling in 1957. It holds total assets of $689.6M. Annual income is reported at $109.4M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$53.3M
2023-17%
Total Assets
$676M
2023-5%
Fair Market Value
$1B
2023
Net Worth
$673.6M
2023
Grants Paid
$47.2M
2023
Contributions
$0
2023
Net Investment Income
$63.7M
2023
Distribution Amount
$46.8M
2023
Total Giving by Year
$28.9M
11$23.3M
12$37M
13$44.3M
14$31.1M
15$42.3M
19$40.6M
20$51.5M
21$64.4M
22$53.3M
23Asset Growth
$465.8M
11$512.3M
12$522.9M
13$536M
14$554.1M
15$578.8M
19$608.8M
20$713.4M
21$714.5M
22$676M
23Investment Portfolio (2023)
Total: $81.3M
Corporate Stock: $81.3M
Other Investments: $494.1M
Corporate Stock (14%)
Other Investments (86%)
Expense Breakdown (2023)
Grants Paid$47.2M
Officer Compensation$1.8M
Pension & Benefits$437K
Accounting Fees$224K
Travel & Conferences$173K
Occupancy$156K
Depreciation$35K
Legal Fees$17K
Printing & Publications$2K
Revenue Sources (2023)
- Capital Gains (Net)
- $56.2M
- Other Income
- $8.9M
- Dividends
- $3.4M
- Interest
- $3M
Financial Details (2023)
- Total Revenue
- $71.6M
- Total Expenses
- $53.3M
- Exempt Purpose Expenses
- $49.8M
- Required Distribution
- $46.8M
- Undistributed Income
- $43.3M
- Grants Approved (Future)
- $23.7M
- Total Liabilities
- $2.4M
- Excise Tax
- $885K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking
More Foundations in Maryland
Philanthropy & Grantmaking
Annie E Casey Foundation
BALTIMORE, MD
$2.3BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
The Harry & Jeanette Weinberg Foundation Inc.
OWINGS MILLS, MD
$1.8BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Davis Family Foundation
HANOVER, MD
$1.6BPhilanthropy & Grantmaking