Nonprofit · EIN 38-3314501
RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION
Tax-exempt · FARMINGTON HILLS, MI 48334
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990-PF | $8,171 | $22,452 | -$14,281 | $51,206 | $0 | $51,206 |
| January 31, 2024 | 990-PF | $2,362 | $32,925 | -$30,563 | $65,487 | $0 | $65,487 |
| January 31, 2023 | 990-PF | $7,129 | $32,044 | -$24,915 | $104,666 | $0 | $104,666 |
Financial details: 990-PF for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $4,265
- Dividends
- $1,069
- Net gain from sales of assets
- $2,837
Expenses
- Grants and similar amounts paid
- $20,900
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $21,624
- Excise tax on investment income
- $43
Balance sheet and other
- Total assets, start of year
- $65,487
- Total assets, end of year
- $51,206
- Total liabilities, end of year
- $0
- Net assets, end of year
- $51,206
- Fair market value of assets
- $78,358
- Qualifying distributions
- $21,624
- Net investment income
- $3,906
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 January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | DIRECTOR | 1 | $0 |
| LYNDSEY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
| AARON GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
990-PF for the year ended January 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | DIRECTOR | 1 | $0 |
| LYNDSEY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
| AARON GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
990-PF for the year ended January 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | DIRECTOR | 1 | $0 |
| LYNDSEY GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
| AARON GERSHENSON 31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 31500 NORTHWESTERN HWY 100, FARMINGTON HILLS, MI 48334-0000
- Signed the 990-PF
- SHERRY GERSHENSON, TRUSTEE
- Phone
- (248) 785-2300
- Return prepared by
- GERSHENSON REALTY & INVESTMENT
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990-PF on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990-PF on file |
IRS record
- EIN
- 38-3314501
- 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
- 1996
- Accounting year ends
- January
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $51,206
- Income (IRS master file)
- $26,263
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | January 2025 | $8,171 | $22,452 | $51,206 | XML |
| 990-PF | January 2024 | $2,362 | $32,925 | $65,487 | XML |
| 990-PF | January 2023 | $7,129 | $32,044 | $104,666 | XML |
| 990-PF | January 2022 | – | – | – | IRS |
| 990-PF | January 2021 | – | – | – | IRS |
| 990-PF | January 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 38-3314501).
Questions about RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION
- What is the EIN of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION?
- The employer identification number (EIN) of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION is 38-3314501.
- Is RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended January 2025.
- Who are the officers and directors of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION?
- The 990-PF for the year ended January 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended January 31, 2025 it reported revenue of $8,171, expenses of $22,452 and total assets of $51,206 at year end.
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