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Filing year 2023

SHERMAN FOUNDATION

Newport Beach, California·EIN 95-2672431·NTEE C120 · Environment·501(c)(3)
Total revenue
$8.4M
Total assets
$27.5M
Total expenses
$3.7M
Reported officers
13
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Exec Dir-sl&g
Unclassified
$317k
$350k
Base
$265k
Bonus
$35k
Other
$17k
Benefits
Garden Director
Unclassified
$170k
$188k
Base
$159k
Bonus
Other
$11k
Benefits
Dir of Library
Unclassified
$106k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SHERMAN FOUNDATION equaled 9% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2023)
9%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 18%
from 2022

From $269k in 2022 to $317k in 2023.

$269k
2022
$317k
2023
In today's dollarsEst.
Up 14% in real terms$307k to $350k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SHERMAN FOUNDATION

What are SHERMAN FOUNDATION's revenue and expenses?

In 2023, SHERMAN FOUNDATION reported $8.4M in total revenue and $3.7M in total expenses on its IRS Form 990.

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