Nonprofit · EIN 95-6685753
LILLIAN SCHERMER CHARITABLE TRUST
Tax-exempt · BEVERLY HILLS, CA 90210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-PF | $43,918 | $12,651 | $31,267 | $146,092 | $0 | $146,092 |
| May 31, 2024 | 990-PF | $2,345 | $11,442 | -$9,097 | $114,809 | $0 | $114,809 |
Financial details: 990-PF for the year ended May 31, 2025
Revenue
- Dividends
- $5,047
- Net gain from sales of assets
- $38,871
Expenses
- Grants and similar amounts paid
- $10,500
- Compensation of officers, directors and key employees
- $1,044
- Disbursements for charitable purposes
- $11,022
- Excise tax on investment income
- $589
Balance sheet and other
- Total assets, start of year
- $114,809
- Total assets, end of year
- $146,092
- Total liabilities, end of year
- $0
- Net assets, end of year
- $146,092
- Fair market value of assets
- $222,680
- Qualifying distributions
- $11,022
- Net investment income
- $43,918
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| City National Bank 400 NORTH ROXBURY DRIVE SUITE 600, BEVERLY HILLS, CA 90210 | Co-Trustee | 5 | $1,044 |
| Bruce Sherman 9380 WHOOPING CRANE WAY, NAPLES, FL 34120 | Co-Trustee | 5 | $0 |
| RICHARD MARLIN 1302 WILL-O-WOOD, HUBBARD, OH 44425 | CO-TRUSTEE | 5 | $0 |
990-PF for the year ended May 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| City National Bank 400 NORTH ROXBURY DRIVE SUITE 600, BEVERLY HILLS, CA 90210 | Co-Trustee | 5 | $841 |
| Bruce Sherman 9380 WHOOPING CRANE WAY, NAPLES, FL 34120 | Co-Trustee | 5 | $0 |
| RICHARD MARLIN 1302 WILL-O-WOOD, HUBBARD, OH 44425 | CO-TRUSTEE | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 400 N ROXBURY DR STE 600, BEVERLY HILLS, CA 90210-5021
- 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 95-6685753 or by the name LILLIAN SCHERMER CHARITABLE TRUST.
- 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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-PF on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-6685753
- 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
- 1980
- Accounting year ends
- May
- Files
- Form 990-PF
- Assets (IRS master file)
- $146,092
- Income (IRS master file)
- $66,688
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | May 2025 | $43,918 | $12,651 | $146,092 | XML |
| 990-PF | May 2024 | $2,345 | $11,442 | $114,809 | XML |
| 990-PF | May 2023 | – | – | – | IRS |
| 990-PF | May 2022 | – | – | – | IRS |
| 990-PF | May 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 95-6685753).
Questions about LILLIAN SCHERMER CHARITABLE TRUST
- What is the EIN of LILLIAN SCHERMER CHARITABLE TRUST?
- The employer identification number (EIN) of LILLIAN SCHERMER CHARITABLE TRUST is 95-6685753.
- Is LILLIAN SCHERMER CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to LILLIAN SCHERMER CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LILLIAN SCHERMER CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LILLIAN SCHERMER CHARITABLE TRUST due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LILLIAN SCHERMER CHARITABLE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended May 2025.
- Who are the officers and directors of LILLIAN SCHERMER CHARITABLE TRUST?
- The 990-PF for the year ended May 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $1,044 (City National Bank, Co-Trustee).
- How much revenue does LILLIAN SCHERMER CHARITABLE TRUST have?
- On its 990-PF for the year ended May 31, 2025 it reported revenue of $43,918, expenses of $12,651 and total assets of $146,092 at year end.
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