Nonprofit · EIN 84-3511408
SHERWOOD FUND
Tax-exempt · MIDDLEBURG, VA 20118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $13,124,280 | $828,703 | $12,295,577 | $96,828,039 | $11,001 | $96,817,038 |
| December 31, 2023 | 990-PF | $25,158,281 | $247,336 | $24,910,945 | $84,521,461 | $0 | $84,521,461 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $775,232
- Net rental income
- -$291,902
- Net gain from sales of assets
- $12,325,322
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $187,805
- Excise tax on investment income
- $181,370
Balance sheet and other
- Total assets, start of year
- $84,521,461
- Total assets, end of year
- $96,828,039
- Total liabilities, end of year
- $11,001
- Net assets, end of year
- $96,817,038
- Fair market value of assets
- $93,390,465
- Qualifying distributions
- $14,357,675
- Net investment income
- $13,100,554
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES T AKRE JR PO BOX 1540, MIDDLEBURG, VA 20118 | PRES./SEC./TREAS. | 10 | $0 |
| DEANNA S AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
| THOMAS SB AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
| ALEXIS A AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 15 | $0 |
| ANDREW C AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES T AKRE JR PO BOX 1540, MIDDLEBURG, VA 20118 | PRES./SEC./TREAS. | 2 | $0 |
| DEANNA S AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
| THOMAS SB AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
| ALEXIS A AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 5 | $0 |
| ANDREW C AKRE PO BOX 1540, MIDDLEBURG, VA 20118 | VICE PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1540, MIDDLEBURG, VA 20118-1540
- Signed the 990-PF
- ALEXIS A AKRE, DIRECTOR
- Phone
- (540) 326-8954
- Return prepared by
- YOUNT HYDE & BARBOUR PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 84-3511408
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $96,828,039
- Income (IRS master file)
- $13,237,192
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $13,124,280 | $828,703 | $96,828,039 | XML |
| 990-PF | December 2023 | $25,158,281 | $247,336 | $84,521,461 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3511408).
Questions about SHERWOOD FUND
- What is the EIN of SHERWOOD FUND?
- The employer identification number (EIN) of SHERWOOD FUND is 84-3511408.
- Is SHERWOOD FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SHERWOOD FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does SHERWOOD FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHERWOOD FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHERWOOD FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SHERWOOD FUND?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SHERWOOD FUND have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,124,280, expenses of $828,703 and total assets of $96,828,039 at year end.
Other nonprofits in MIDDLEBURG
- FAGUS FOUNDATION EIN 26-1812101 · last filed 990-PF for 2024
- ISLAND SUNRISE FOUNDATION INC EIN 38-3351882 · last filed 990-PF for 2025
- PROTEUS FOUNDATION EIN 54-2013543 · last filed 990-PF for 2025
- GRAHAM FAMILY FOUNDATION INC EIN 31-1737383 · last filed 990-PF for 2025
- DUN FOUNDATION EIN 20-4463281 · last filed 990-PF for 2025
- ANNA MCWANE CHARITABLE FOUNDATION EIN 26-1826355 · last filed 990-PF for 2024
- CHARLES HARDY GRIM AND EMILY GROVE GRIM CHARITABLE TRUST EIN 45-2787474 · last filed 990-PF for 2025
- MIDDLEBURG CHARITABLE FOUNDATION EIN 88-3945284 · last filed 990 for 2024
All nonprofits in MIDDLEBURG · Virginia · Philanthropy, voluntarism and grantmaking foundations