Marion A & Ruth K Sherwood Family Fund in Grand Haven, Michigan (MI)

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Marion A & Ruth K Sherwood Family Fund
Employer Identification Number (EIN)383645324
Name of OrganizationMarion A & Ruth K Sherwood Family Fund
In Care of NameLynne Sherwood
AddressOne South Harbor Drive, Grand Haven, MI 49417-1385
SubsectionCharitable Organization
Ruling Date04/2002
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$10,296,610
Amount of Income$1,103,111
Form 990 Revenue Amount$209,976
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations


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Amount of income in 2012: $1,103,111 (it was $209,588 in 2011)
This organization: 

 $1,103,111
Other organizations performing similar types of work: 

 $90,224

Assets in 2012: $10,296,610 (it was $9,383,576 in 2011)
Marion A & Ruth K Sherwood Family Fund: 

 $10,296,610
Other organizations performing similar types of work: 

 $323,888

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$209,588
Contributions, Gifts, Grants and Other Similar Amounts$250
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$209,338
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$359,788
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$359,788
Balance Sheet (for 2011)
Total assets$9,383,576
Total liabilities$31,185
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$31,185
Total net assets or fund balances$9,352,391
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Kosciusko 21st Century Foundation Inc2170 N Pointe Dr, Warsaw, IN 46582-9043IN1967-11$72,939,129
2Wem 2000 Foundation, Martin Phillip H TteePO BOX 5628, Minneapolis, MN 55440-5628MN2000-09$14,734,494
3The Beall Family Foundation5 San Joaquin Plz Ste 320, Newport Beach, CA 92660-5936CA2001-02$11,754,599
4North Penn Community Health Foundation2506 N Broad St Ste 206, Colmar, PA 18915-9439PA1956-03$6,461,062
5Henry E & Nancy H Bartels Trust Fbo, University Of New HavenPO BOX 187169, Hamden, CT 06518-7020CT1989-04$2,910,909
6Pugdin Memorial Fund P 61620004PO BOX 3038, Milwaukee, WI 53201-3038WI2000-03$2,007,783
7Lancaster County Partners For Youth IncPO BOX 1023, Lancaster, SC 29721-1023SC1996-10$698,073
8Gordon G Wilson Trust Uw Fbo, Covington United 32100302010 S Dearborn Il1-0117, Chicago, IL 60603-2300IL2000-01$590,765
9Abner F Morison Tr Fund, Bar Harbor Bank & TrustPO BOX 1100, Ellsworth, ME 04605-1100ME1993-03$121,688
10Cargill Macmillan Jr Charitable Tr, Martin Phillip H TteePO BOX 5628, Minneapolis, MN 55440-5628MN2000-09$71,682
11The David And Carol Van Andel Foundation3133 Orchard Vista Dr Se, Grand Rapids, MI 49546-7033MI2005-10$10,322,005
12The Steve Van Andel Foundation3133 Orchard Vista Drive Se, Grand Rapids, MI 49546-7033MI2005-10$7,416,222
13Elizabeth Hekman Gordon Family Foundation3123 Judson Rd, Spring Lake, MI 49456-9312MI2008-08$5,308,725
14Kresge Foundation3215 W Big Beaver, Troy, MI 48084-2818MI1928-04$4,490,222
15Lachimi Foundation3270 W Big Beaver Road, Troy, MI 48084-2901MI1999-12$4,323,978
16James C Acheson Foundation405 Water St Ste 200, Port Huron, MI 48060-5469MI2001-09$4,066,260
17Allegra C Ford Foundation2000 Brush St Ste 440, Detroit, MI 48226-2251MI2009-07$3,828,376
18Patrice K Aaron Family Foundation2800 Stein Ct, Ann Arbor, MI 48105-9600MI2002-01$3,539,688
19R Hugh Elliott Family Foundation1882 Pond Run, Auburn Hills, MI 48326-2768MI2008-06$3,141,560
20Brown Tassell Foundation2353 Cascade Lakes Cir Se, Grand Rapids, MI 49546-6630MI2006-12$3,009,125
Number of organizations performing similar types of work
Alaska8
Alabama189
Arkansas76
Arizona255
California2,264
Colorado383
Connecticut378
District of Columbia99
Delaware361
Florida1,391
Georgia433
Hawaii77
Iowa135
Idaho68
Illinois994
Indiana243
Kansas142
Kentucky137
Louisiana125
Massachusetts669
Maryland413
Maine64
Michigan535
Minnesota313
Missouri300
Mississippi54
Montana57
North Carolina473
North Dakota13
Nebraska122
New Hampshire63
New Jersey816
New Mexico71
Nevada180
New York2,349
Ohio614
Oklahoma216
Oregon176
Pennsylvania999
Rhode Island165
South Carolina127
South Dakota31
Tennessee177
Texas1,160
Utah208
Virginia430
Vermont32
Washington355
Wisconsin341
West Virginia44
Wyoming59
International32
Total19,416

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