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Nonprofit · EIN 23-6298319

SHEERR FOUNDATION INC

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$13K$17K2023$15K$20K2024$16K$20K2025
Revenue Expenses · by fiscal year end
Financials of SHEERR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$15,959$19,590-$3,631$215,618$0$215,618
December 31, 2024990-PF$14,939$19,795-$4,856$219,464$0$219,464
December 31, 2023990-PF$13,160$17,085-$3,925$226,230$0$226,230
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,000
Dividends
$12,193
Net gain from sales of assets
$2,766

Expenses

Grants and similar amounts paid
$16,990
Disbursements for charitable purposes
$18,290
Excise tax on investment income
$20

Balance sheet and other

Total assets, start of year
$219,464
Total assets, end of year
$215,618
Total liabilities, end of year
$0
Net assets, end of year
$215,618
Fair market value of assets
$298,891
Qualifying distributions
$18,290
Net investment income
$2,766

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD SHEERR
ROSENFIELD 1650 MARKET ST, PHILADELPHIA, PA 19103
TRUSTEE1$0
BETSY SHEERR
ROSENFIELD 1650 MARKET ST, PHILADELPHIA, PA 19103
TRUSTEE1$0
MELANIE SHEERR
ROSENFIELD 1650 MARKET ST, PHILADELPHIA, PA 19103
TRUSTEE1$0
LAUREN SHEERR BESHEARS
ROSENFIELD 1650 MARKET ST, PHILADELPHIA, PA 19103
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
RICHARD SHEERR
1650 MARKET ST - 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
BETSY SHEERR
1650 MARKET ST - 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
MELANIE SHEERR
1650 MARKET ST - 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
LAUREN SHEERR BESHEARS
1650 MARKET ST - 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RICHARD SHEERR
CO B ROSENFIELD 1500 MARKET, PHILADELPHIA, PA 19102
TRUSTEE1$0
BETSY SHEERR
CO B ROSENFIELD 1500 MARKET, PHILADELPHIA, PA 19102
TRUSTEE1$0
MELANIE SHEERR
CO B ROSENFIELD 1500 MARKET, PHILADELPHIA, PA 19102
TRUSTEE1$0
LAUREN SHEERR BESHEARS
CO B ROSENFIELD 1500 MARKET, PHILADELPHIA, PA 19102
TRUSTEE1$0

Address and contacts

Address (IRS master file)
ROSENFIELD 1650 MARKET ST - 1200, PHILADELPHIA, PA 19103-0000
Signed the 990-PF
RICHARD SHEERR, TRUSTEE
Phone
(215) 575-7093
Return prepared by
Fratantoni & Company PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-6298319
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
1949
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$215,618
Income (IRS master file)
$18,276

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$15,959$19,590$215,618XML
990-PFDecember 2024$14,939$19,795$219,464XML
990-PFDecember 2023$13,160$17,085$226,230XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 23-6298319).

Questions about SHEERR FOUNDATION INC

What is the EIN of SHEERR FOUNDATION INC?
The employer identification number (EIN) of SHEERR FOUNDATION INC is 23-6298319.
Is SHEERR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
Are donations to SHEERR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHEERR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SHEERR FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHEERR FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SHEERR FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does SHEERR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $15,959, expenses of $19,590 and total assets of $215,618 at year end.

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