Nonprofit · EIN 95-4090829
SHERNOFF FAMILY FOUNDATION
Tax-exempt · INGLEWOOD, CA 90301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $99,882 | $116,606 | -$16,724 | $77,090 | $0 | $77,090 |
| August 31, 2024 | 990-PF | $42,123 | $24,737 | $17,386 | $93,814 | $0 | $93,814 |
| August 31, 2023 | 990-PF | $5,320 | $26,480 | -$21,160 | $76,428 | $0 | $76,428 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Dividends
- $6,156
- Net gain from sales of assets
- $93,726
Expenses
- Grants and similar amounts paid
- $106,000
- Compensation of officers, directors and key employees
- $8,904
- Disbursements for charitable purposes
- $116,436
- Excise tax on investment income
- $1,386
Balance sheet and other
- Total assets, start of year
- $93,814
- Total assets, end of year
- $77,090
- Total liabilities, end of year
- $0
- Net assets, end of year
- $77,090
- Fair market value of assets
- $915,757
- Qualifying distributions
- $116,436
- Net investment income
- $99,882
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SHERNOFF 16 HOPKIMSON CT, BASKING RIDGE, NJ 07920 | Director | 1 | $8,904 |
| WILLIAM SHERNOFF 301 NCANON DRIVE 200, BEVERLY HILLS, CA 90210 | President & CEO | 1 | $0 |
| MITCHELL SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Director | 1 | $0 |
| HOWARD SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Secretary | 1 | $0 |
990-PF for the year ended August 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SHERNOFF 16 HOPKIMSON CT, BASKING RIDGE, NJ 07920 | Director | 1 | $9,646 |
| WILLIAM SHERNOFF 301 NCANON DRIVE 200, BEVERLY HILLS, CA 90210 | President & CEO | 1 | $0 |
| MITCHELL SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Director | 1 | $0 |
| HOWARD SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Secretary | 1 | $0 |
990-PF for the year ended August 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SHERNOFF 16 HOPKIMSON CT, BASKING RIDGE, NJ 07920 | Director | 1 | $8,162 |
| WILLIAM SHERNOFF 301 NCANON DRIVE 200, BEVERLY HILLS, CA 90210 | President & CEO | 1 | $0 |
| MITCHELL SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Director | 1 | $0 |
| HOWARD SHERNOFF 301 N CANON DRIVE 200, BEVERLY HILLS, CA 90210 | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9133 S LA CIENEGA BLVD STE 260, INGLEWOOD, CA 90301-7461
- Signed the 990-PF
- WILLIAM SHERNOFF, President & CEO
- Phone
- (310) 246-0503
- Return prepared by
- Corby and Corby An Accountancy Corp
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4090829 or by the name SHERNOFF FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 95-4090829
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1987
- Accounting year ends
- August
- Files
- Form 990-PF
- Assets (IRS master file)
- $77,090
- Income (IRS master file)
- $102,074
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $99,882 | $116,606 | $77,090 | XML |
| 990-PF | August 2024 | $42,123 | $24,737 | $93,814 | XML |
| 990-PF | August 2023 | $5,320 | $26,480 | $76,428 | XML |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 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 95-4090829).
Questions about SHERNOFF FAMILY FOUNDATION
- What is the EIN of SHERNOFF FAMILY FOUNDATION?
- The employer identification number (EIN) of SHERNOFF FAMILY FOUNDATION is 95-4090829.
- Is SHERNOFF FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to SHERNOFF FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHERNOFF FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHERNOFF FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHERNOFF FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of SHERNOFF FAMILY FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $8,904 (DAVID SHERNOFF, Director).
- How much revenue does SHERNOFF FAMILY FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $99,882, expenses of $116,606 and total assets of $77,090 at year end.
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