Nonprofit · EIN 27-3585804
STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION
Tax-exempt · LOS ANGELES, CA 90067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,094 | $9,566 | -$3,472 | $247,802 | $0 | $247,802 |
| December 31, 2023 | 990-PF | $2,374 | $6,015 | -$3,641 | $183,717 | $0 | $183,717 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,724
- Interest
- $2
- Net gain from sales of assets
- $4,368
Expenses
- Grants and similar amounts paid
- $7,500
- Disbursements for charitable purposes
- $7,500
- Excise tax on investment income
- $85
Balance sheet and other
- Total assets, start of year
- $183,722
- Total assets, end of year
- $247,802
- Total liabilities, end of year
- $0
- Net assets, end of year
- $247,802
- Fair market value of assets
- $247,802
- Qualifying distributions
- $7,500
- Net investment income
- $6,094
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN E SCHERER 1901 AVENUE OF THE STARS 1100, LOS ANGELES, CA 900676002 | CEO | 1 | $0 |
| DEBORAH MAY SCHERER 1901 AVENUE OF THE STARS 1100, LOS ANGELES, CA 900676002 | Secretary | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN E SCHERER 1901 AVENUE OF THE STARS 1100, LOS ANGELES, CA 900676002 | CEO | 1 | $0 |
| DEBORAH MAY SCHERER 1901 AVENUE OF THE STARS 1100, LOS ANGELES, CA 900676002 | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1901 AVENUE OF THE STARS 11TH FL, LOS ANGELES, CA 90067-6001
- In care of
- % SCHERER BRADFORD & LYSTER
- Signed the 990-PF
- STEPHEN E SCHERER, President & CEO
- Phone
- (310) 556-2055
- Return prepared by
- Private Financial Counseling
California records
California keeps its own records of charities and corporations. Search them by EIN 27-3585804 or by the name STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION.
- 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-3585804
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $247,802
- Income (IRS master file)
- $7,095
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,094 | $9,566 | $247,802 | XML |
| 990-PF | December 2023 | $2,374 | $6,015 | $183,717 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 27-3585804).
Questions about STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION
- What is the EIN of STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION?
- The employer identification number (EIN) of STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION is 27-3585804.
- Is STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does STEPHEN E AND DEBORAH MAY SCHERER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,094, expenses of $9,566 and total assets of $247,802 at year end.
Other nonprofits in LOS ANGELES
- J PAUL GETTY TRUST EIN 95-1790021 · last filed 990-PF for 2025
- WILLIAM AND BARBARA MARTIN FOUNDATION EIN 93-2687518 · last filed 990-PF for 2024
- CALIFORNIA COMMUNITY FOUNDATION EIN 95-3510055 · last filed 990 for 2025
- ST JOHNS COMMUNITY HEALTH EIN 95-4067758 · last filed 990 for 2025
- W M KECK FOUNDATION EIN 95-6092354 · last filed 990-PF for 2024
- JEWISH COMMUNITY FDN OF THE JEWISH FEDERATION COUNCIL OF GREATER LA EIN 95-6111928 · last filed 990 for 2024
- THE CALIFORNIA ENDOWMENT EIN 95-4523232 · last filed 990-PF for 2024
- BROAD FOUNDATION EIN 95-4686318 · last filed 990-PF for 2024
All nonprofits in LOS ANGELES · California · Philanthropy, voluntarism and grantmaking foundations