2024-03-26T10:15:00-07:00 2023-09-30 990 2022-10-01 952672431 SHERMAN FOUNDATION SHER 9496421626 567 SAN NICOLAS DRIVE 220 NEWPORT BEACH CA 92660 GARY PICKETT President 2024-03-26 GARY PICKETT 999009999 true 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z GARY PICKETT 567 SAN NICOLAS DRIVE 220 NEWPORT BEACH CA 92660 7738651 false X WWW.THESHERMAN.ORG X 1951 CA IN ADDITION TO THE COLLECTIONS AND EXHIBITIONS, THE LIBRARY & GARDENS HOSTS A VARIETY 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. 8 6 47 125 255769 8156 1018674 3285619 403323 400454 816585 878855 728414 728780 2966996 5293708 0 0 1543895 1927319 83349 189447 416918 957355 1281276 2584599 3398042 382397 1895666 20971786 22843748 177563 153856 20794223 22689892 X THE MISSION OF SHERMAN FOUNDATION IS THE OPERATION OF SHERMAN LIBRARY & GARDENS LOCATED IN CORONA DEL MAR, CA. THE MISSION OF SHERMAN LIBRARY & GARDENS IS TO PROVIDE THE PUBLIC AN OASIS OF INSPIRATION, EDUCATION AND APPRECIATION OF REGIONAL HISTORY, HORTICULTURE AND THE ARTS. SHERMAN GARDENS FEATURES AN EXTENSIVE BOTANICAL COLLECTION THAT SPANS THE GLOBE, RANGING FROM PLANT LIFE OF THE DESERT TO EXOTIC VEGETATION OF TROPICAL CLIMES. SHERMAN LIBRARY IS A HISTORICAL RESEARCH LIBRARY SPECIALIZING IN THE HISTORY OF THE PACIFIC SOUTHWEST, AS WELL AS HOME TO A COLLECTION OF CALIFORNIA IMPRESSIONIST ART. false false 2562716 759379 SHERMAN GARDENS HAD 90,005 VISITORS, AN INCREASE OF 17% OVER THE PRIOR YEAR. THE SHERMAN GARDENS VOLUNTEER ASSOCIATION AND DOCENTS WORKED 10,800 HOURS, AN INCREASE OF 47% OVER THE PRIOR YEAR. SHERMAN GARDENS REINSTITUTED EDUCATIONAL TOURS OF THE BOTANICAL GARDENS FOR SCHOOL CHILDREN IN GRADES 3 THROUGH 5 BUSED IN FROM ALL PARTS OF ORANGE COUNTY, CA. LESSON PLANS WERE DEVELOPED FOR THE DAY PRIOR TO THE TOUR AND FOR THE SUBSEQUENT DAY OF THE TOUR. TRANSPORTATION COSTS WERE FUNDED BY SHERMAN GARDENS THROUGH DONATIONS.SHERMAN GARDENS IS ALSO DEVELOPING A PLANT DATA BASE FOR THE BENEFIT OF HORTICULTURAL STUDIES. 278187 14045 SHERMAN LIBRARY HAD 5,080 VISITORS, AN INCREASE OF 23.8% OVER THE PRIOR YEAR. OUR STAFF ASSISTED 528 SERIOUS RESEARCHERS IN THEIR STUDY OF THE HISTORY OF THE PACIFIC SOUTHWEST, WHICH IS THE MAIN FOCUS OF THE LIBRARY. VOLUNTEERS WORKED 1,209 HOURS, DOCENTS WORKED 140 HOURS AND INTERNS WORKED 190 HOURS AT THE LIBRARY. EACH CATEGORY EXCEEDED THE PRIOR YEAR. SHERMAN LIBRARY RESTORED OVER 40 PIECES OF ART RECEIVED IN THE PRIOR YEAR AND SUCCESSFULLY DISPLAYED THE COLLECTION TO THE PUBLIC. IN ADDITION, IN COOPERATION WITH THE LAGUNA BEACH ART MUSEUM, SHERMAN LIBRARY LOANED ITS CALIFORNIA IMPRESSIONIST COLLECTION TO LBAM FOR A SIX WEEK EXHIBIT TO THE PUBLIC. 2840903 true true false false false false false true false false true true false false true false true true false false false false false true true false false false false true false false false false false false false true false false false false false true true true false false true 29 0 true 47 true true true false false false false false false 0 false false false false false false false X 8 6 true false false false false false false true true false false true true true true true true true true false CA DE X GARY PICKETT 9496421626 567 SAN NICOLAS DR 220 NEWPORT BEACH CA 92660 GARY PICKETT President 15.00 30.00 X X 0 812500 898 A SCOTT LAFLEUR EXEC DIR-SL&G 40.00 0.00 253000 0 15781 KYLE CHEESBOROUGH GARDEN DIRECTOR 40.00 0.00 157500 0 10281 DT DANIELS Trustee 3.00 16.00 X 0 102000 0 JENNIFER GRANGER DIR OF ADVANCEMENT 40.00 0.00 91000 0 0 PETER ROONEY Trustee 0.20 0.00 X 0 0 0 C STACY CANNON Trustee 0.20 0.00 X 0 0 0 WILLIAM B AVERY Trustee 0.20 0.00 X 0 0 0 KRISTIN YOKOMOTO Trustee 0.20 0.00 X 0 0 0 JAMES RAY Trustee 4.00 0.00 X 0 0 0 TIM COLLINS Trustee 4.00 0.00 X 0 0 0 501500 914500 26960 2 false true true 0 3285619 3285619 ADMISSIONS 900099 386409 386409 DIRECTORY USE 900099 14045 14045 400454 966988 966988 0 1423 1423 372970 372970 372970 372970 1821607 1909740 -88133 -88133 -88133 336567 238602 97965 0 552370 296601 255769 255769 MISCELLANEOUS INCOME 900099 653 653 653 5293708 774077 255769 880278 0 0 0 0 0 0 1670636 1547336 123300 36032 36032 93486 93486 127165 117620 9545 0 4647 4647 65000 65000 0 189447 189447 52900 52900 3090 90 3000 62394 62394 164458 164458 0 0 570368 570368 23203 23203 0 0 0 0 57479 57479 60458 42874 17584 CAPITAL CAMPAIGN EXPENSES 91626 91626 BANK AND CREDIT CARD FEES 57923 57923 Printing and Publications 29282 29282 PAYROLL PREPARATION 23391 23391 15057 15057 3398042 2840903 140221 416918 2518 2518 19617 172736 0 33418 1085977 0 0 0 89626 54878 33363 29433 3690191 2005969 1734963 1684222 9215595 9552410 9621892 9621892 0 0 220794 639682 20971786 22843748 148839 133869 28724 19987 177563 153856 X 20794223 22689892 20794223 22689892 20971786 22843748 X 1895666 3 X false true X true false X 569836 801199 904833 1393147 3645197 7314212 0 0 569836 801199 904833 1393147 3645197 7314212 1297186 6017026 815214 601331 688751 804376 968411 3878083 6443 9495 45791 47461 9156 118346 245338 258381 293663 630112 696285 2123779 13434420 2123749 0.44790 0.43870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 931532 X X X false 648583 648583 1627361 1613154 14207 57628 19740 37888 220578 185308 35270 1136041 187767 948274 1684222 9621892 C 9621892 DEFERRED SPECIAL EVENTS -27949 DOCENT FUND 15510 SECURITY DEPOSITS -616 VOLUNTEER ASSOC FUND 33042 19987 5293708 5293708 5293708 3398042 3398042 3398042 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o SHERMAN LIBRARY IS DEVOTED TO THE HISTORY OF THE PACIFIC SOUTHWEST DURING THE PAST 200 YEARS. ITS COLLECTIONS INCLUDE BOOKS, MANUSCRIPTS, PHOTOS AND MAPS RELATING TO THIS PERIOD AND A COLLECTION OF CALIFORNIA IMPRESSIONIST PAINTINGS FROM THE LAST CENTURY. THESE COLLECTIONS ARE OF INTEREST OT VISITORS TO THE LIBRARY AND TO SERIOUS RESEARCHERS WHO USE THE LIBRARY IN CONNECTION TO THEIR ACADEMIC ENDEAVORS. X X X X X true LEONIDAS STRATEGIES 638 CAMINO DE LAS MARES SAN CLEMENTE CA 92673 CAPITAL CAMPAIGN PLANNING false 2589900 86950 2502950 2589900 86950 2502950 VARIOUS EVENTS 336567 336567 238602 336567 336567 238602 238602 97965 X X false false false false false false false false false A SCOTT LAFLEUR EXEC DIR-SL&G 218000 35000 15781 268781 DT DANIELS Trustee 102000 102000 GARY PICKETT President 680000 132500 898 813398 KYLE CHEESBOROUGH GARDEN DIRECTOR 157500 10281 167781 DT DANIELS TRUSTEE SEE PART V false GARY PICKETT TRUSTEE SEE PART V false Schedule L, Part V Supplemental Information SHERMAN FOUNDATION TRUSTEES D.T. DANIELS AND GARY PICKETT ARE ALSO CURRENT OFFICERS AND DIRECTORS OF M.H. SHERMAN CO., WHICH IS A RELATED ORGANIZATION 100% OWNED BY SHERMAN FOUNDATION. Form 990, Part VI, Section A, Line 2 D.T. DANIELS AND GARY PICKETT ARE TRUSTEES OF SHERMAN FOUNDATION AND OFFICERS AND DIRECTORS OF M.H. SHERMAN COMPANY. SHERMAN FOUNDATION CONTROLS 100% OF THE OUTSTANDING STOCK OF M.H. SHERMAN COMPANY. Form 990, Part VI, Section B, Line 11b EACH TRUSTEE RECEIVES A COPY OF THE FORM 990 THAT HAS BEEN PREPARED AND REVIEWED BY TWO CPAS. EACH TRUSTEE HAS THE OPPORTUNITY TO DISCUSS ANY ITEMS IN THE RETURN WITH FOUNDATION MANAGEMENT. Form 990, Part VI, Section B, Line 12c SECTION VI OF THE SHERMAN FOUNDATION CONFLICT OF INTEREST POLICY STATES:EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSONS AND HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. Form 990, Part VI, Section B, Line 15a THE CEO IS UNPAID. THERE ARE NO KEY EMPLOYEES PER THE FORM 990 INSTRUCTIONS. ANNUALLY, THE TRUSTEES REVIEW AND APPROVE COMPENSATION PAID TO THE 5 HIGHEST PAID EMPLOYEES BASED ON APPROPRIATE COMPENSATION SURVEYS FOR NON-PROFIT ORGANIZATIONS. D.T. DANIELS AND GARY PICKETT ARE DIRECTORS OF M.H. SHERMAN COMPANY AND SUBSIDIARY, A RELATED ORGANIZATION. MR. PICKETT ALSO SERVES AS AN OFFICER OF M.H. SHERMAN COMPANY. Form 990, Part VI, Section B, Line 15b THE EXECUTIVE DIRECTOR FOR SHERMAN LIBRARY AND GARDENS MEETS WITH THE FOUNDATION PRESIDENT ANNUALLY TO REVIEW EMPLOYEE PERFORMANCE AND DETERMINE PROPER COMPENSATION. THIS INFORMATION IS THEN PRESENTED TO THE BOARD OF TRUSTEE'S COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL. MANAGEMENT CONSIDERS COMPENSATION SURVEYS FROM THE AMERICAN PUBLIC GARDENS ASSOCIATION AND LOCAL COST OF LIVING INFORMATION. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE FOUNDATION BUSINESS OFFICE. Form 990, Part XI, Line 9 ROUNDING = $3 FORM 990, PART 1, LINE 1-ORGANIZATION MISSION AND ACTIVITIES IN ADDITION TO THE COLLECTIONS AND EXHIBITIONS, THE LIBRARY & GARDENS HOST A VARIETY OF PUBLIC AND PRIVATE EVENTS INCLUDING OUTDOOR ART DISPLAYS, CONCERTS, HORTICULTURALLY THEMED DINNERS, COMMUNITY MEETINGS, EDUCATIONAL AND WELLNESS CLASSES, LECTURES, CHILDREN'S PROGRAMS, GARDEN TOURS AND FESTIVALS. FORM 990, PART III, LINE 1-ORGANIZATION MISSION THE MISSION OF SHERMAN FOUNDATION IS THE OPERATION OF SHERMAN LIBRARY & GARDENS LOCATED IN CORONA DEL MAR, CA. THE MISSION OF SHERMAN LIBRARY & GARDENS IS TO PROVIDE THE PUBLIC AN OASIS OF INSPIRATION, EDUCATION AND APPRECIATION OF REGIONAL HISTORY, HORTICULTURE AND THE ARTS. SHERMAN GARDENS FEATURES AN EXTENSIVE BOTANICAL COLLECTION THAT SPANS THE GLOBE, RANGING FROM PLANT LIFE OF THE DESERT TO EXOTIC VEGETATION OF TROPICAL CLIMES. SHERMAN LIBRARY IS A HISTORICAL RESEARCH LIBRARY SPECIALIZING IN THE HISTORY OF THE PACIFIC SOUTHWEST, AS WELL AS HOME TO A COLLECTION OF CALIFORNIA IMPRESSIONIST ART. FORM 990, PART VI, LINE 11B-FORM 990 REVIEW PROCESS EACH TRUSTEE RECEIVES A COPY OF THE FORM 990 THAT HAS BEEN PREPARED AND REVIEWED BY TWO CPAS. EACH TRUSTEE HAS THE OPPORTUNITY TO DISCUSS ANY ITEMS IN THE RETURN WITH FOUNDATION MANAGEMENT. FORM 990, PART VI, LINE 12C-MONITORING AND ENFORCEMENT OF CONFLICTS SECTION VI OF THE SHERMAN FOUNDATION CONFLICT OF INTEREST POLICY STATES: EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, LINE 15A-COMP. REVIEW & APPROVAL PROCESS FOR MGMT. THE CEO IS UNPAID. THERE ARE NO KEY EMPLOYEES PER THE FORM 990 INSTRUCTIONS. ANNUALLY, THE TRUSTEES REVEIW AND APPROVE COMPENSATION PAID TO THE FIVE HIGHEST PAID EMPLOYEES BASED ON APPROPRIATE COMPENSATION SURVEYS FOR NON-PROFIT ORGANIZATIONS. FORM 990, PART VI, LINE 15B-COMP. REVIEW & APPROVAL-KEY EMPLOYEES THE SHERMAN LIBRARY & GARDEN EXECUTIVE DIRECTOR AND LIBRARY DIRECTOR MEET WITH THE FOUNDATION PRESIDENT ANNUALLY TO REVIEW EMPLOYEE PERFORMANCE AND DETERMINE PROPER COMPENSATION. MANAGEMENT CONSIDERS COMPENSATION SURVEYS FROM THE AMERICAN PUBLIC GARDENS ASSOCIATION AND LOCAL COST OF LIVING INFORMATION. FORM 990, PART VI, LINE 2-BUS. RELATIONSHIP OF OFFICERS AND DIRECTORS D.T. DANIELS AND GARY PICKETT ARE TRUSTEES OF SHERMAN FOUNDATION AND OFFICERS AND DIRECTORS OF M.H. SHERMAN COMPANY. SHERMAN FOUNDATION CONTROLS 100% OF THE OUTSTANDING STOCK OF M.H. SHERMAN COMPANY. MH SHERMAN COMPANY 567 SAN NICOLAS DR 220 NEWPORT BEACH CA 92660 951218180 REAL ESTATE INVESTOR CA NA C 3845761 73105542 1.00000 true false false false false false true false false false false false false false false false true false false false MH SHERMAN COMPANY p 154095 ACCTS PAYABLE MH SHERMAN COMPANY f 626142 CASH RECEIPTS M.H. SHERMAN COMPANY SHERMAN FOUNDATION REIMBURSES M.H. SHERMAN COMPANY FOR PROPERTY CASUALTY AND LIABILITY INSURANCE AS WELL AS GROUP INSURANCE POLICIES FOR HEALTH AND DENTAL PREMIUMS. THERE ARE ALSO SMALL REIMBURSEMENTS FOR NOMINAL ADMINISTRATIVE EXPENSES. M.H. SHERMAN COMPANY PAID CASH DIVIDENDS TO SHERMAN FOUNDATION, A SHAREHOLDER.