Nonprofit · EIN 95-6685749
FRANCES SCHERMER CHARITABLE TR
Tax-exempt · BEVERLY HILLS, CA 90210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $107,118 | $191,295 | -$84,177 | $1,922,118 | $0 | $1,922,118 |
| June 30, 2024 | 990-PF | $168,513 | $173,353 | -$4,840 | $1,965,122 | $0 | $1,965,122 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $68,349
- Net gain from sales of assets
- $38,765
- Other income
- $4
Expenses
- Grants and similar amounts paid
- $145,497
- Compensation of officers, directors and key employees
- $27,773
- Disbursements for charitable purposes
- $166,083
- Excise tax on investment income
- $1,184
Balance sheet and other
- Total assets, start of year
- $1,965,122
- Total assets, end of year
- $1,922,118
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,922,118
- Fair market value of assets
- $3,031,529
- Qualifying distributions
- $166,083
- Net investment income
- $107,118
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| City National Bank 400 NORTH ROXBURY DRIVE SUITE 600, BEVERLY HILLS, CA 90210 | Co-Trustee | 10 | $14,373 |
| BRUCE SHERMAN 9380 WHOOPING CRANE WAY, NAPLES, FL 34120 | Co-Trustee | 10 | $5,200 |
| RICHARD MARLIN 1302 WILL-O-WOOD, HUBBARD, OH 44425 | Co-Trustee | 10 | $5,200 |
| JAMES L PAZOL 21 N WICKLIFFE CIRCLE, YOUNGSTOWN, OH 44515 | Consultant | 10 | $3,000 |
990-PF for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| City National Bank 400 NORTH ROXBURY DRIVE SUITE 600, BEVERLY HILLS, CA 90210 | Co-Trustee | 10 | $12,883 |
| Bruce Sherman 9380 WHOOPING CRANE WAY, NAPLES, FL 34120 | Co-Trustee | 10 | $5,200 |
| RICHARD MARLIN 1302 WILL-O-WOOD, HUBBARD, OH 44425 | Co-Trustee | 10 | $5,200 |
| JAMES L PAZOL 21 N WICKLIFFE CIRCLE, YOUNGSTOWN, OH 44515 | Consultant | 10 | $3,000 |
Address and contacts
- Address (IRS master file)
- 400 N ROXBURY DR STE 600, BEVERLY HILLS, CA 90210-5021
- In care of
- % CITY NATIONAL BANK
- Signed the 990-PF
- CITY NATIONAL BANK, TRUSTEE
- Phone
- (310) 888-6247
- Return prepared by
- KPMG LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-6685749 or by the name FRANCES SCHERMER CHARITABLE TR.
- 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-6685749
- 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
- 1981
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,922,118
- Income (IRS master file)
- $357,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $107,118 | $191,295 | $1,922,118 | IRS |
| 990-PF | June 2024 | $168,513 | $173,353 | $1,965,122 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 95-6685749).
Questions about FRANCES SCHERMER CHARITABLE TR
- What is the EIN of FRANCES SCHERMER CHARITABLE TR?
- The employer identification number (EIN) of FRANCES SCHERMER CHARITABLE TR is 95-6685749.
- Is FRANCES SCHERMER CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to FRANCES SCHERMER CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRANCES SCHERMER CHARITABLE TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANCES SCHERMER CHARITABLE TR due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANCES SCHERMER CHARITABLE TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of FRANCES SCHERMER CHARITABLE TR?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 4 received compensation from the organization, the highest $14,373 (City National Bank, Co-Trustee).
- How much revenue does FRANCES SCHERMER CHARITABLE TR have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $107,118, expenses of $191,295 and total assets of $1,922,118 at year end.
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