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Nonprofit · EIN 65-0419459

VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635

Also known as JAYNE SHERMAN TTEE

Tax-exempt · PLANTATION, FL 33322

Financials

$5.3M$4.6M2023$13.6M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$13,582,070$3,349,876$10,232,194$61,938,269$62,521$61,875,748
December 31, 2023990-PF$5,339,770$4,579,819$759,951$51,649,792$6,238$51,643,554
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,255,029
Dividends
$2,796,020
Net gain from sales of assets
$3,445,918
Other income
$85,103

Expenses

Grants and similar amounts paid
$2,196,000
Compensation of officers, directors and key employees
$695,000
Salaries, compensation and benefits (total)
$40,404
Disbursements for charitable purposes
$2,196,000
Excise tax on investment income
$72,921

Balance sheet and other

Total assets, start of year
$51,649,792
Total assets, end of year
$61,938,269
Total liabilities, end of year
$62,521
Net assets, end of year
$61,875,748
Fair market value of assets
$63,931,599
Qualifying distributions
$2,196,000
Net investment income
$6,327,041

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.

NameTitleHours / weekCompensation
JAYNE SHERMAN
753 SPRINGS FIREPLACE ROAD, EAST HAMPTON, NY 11937
TRUSTEE8$350,000
LANNY KALIK
3000 ISLAND BLVD 1605, AVENTURA, FL 33160
MANAGEMENT ADVISOR5$345,000
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JAYNE SHERMAN
753 SPRINGS FIREPLACE ROAD, EAST HAMPTON, NY 11937
TRUSTEE8$300,000
LANNY KALIK
3000 ISLAND BLVD 1605, AVENTURA, FL 33160
MANAGEMENT ADVISOR5$230,000

Address and contacts

Address (IRS master file)
9111 NW 13TH ST, PLANTATION, FL 33322-4905
Signed the 990-PF
JAYNE SHERMAN, TRUSTEE
Phone
(954) 378-9981
Return prepared by
HACKER & ROMANO

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-0419459
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
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$61,938,269
Income (IRS master file)
$31,172,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$13,582,070$3,349,876$61,938,269XML
990-PFDecember 2023$5,339,770$4,579,819$51,649,792XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 65-0419459).

Questions about VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635

What is the EIN of VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635?
The employer identification number (EIN) of VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 is 65-0419459.
Is VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 file?
Form 990-PF. Private foundations file every year.
When is the next return of VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 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 VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 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 VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635?
The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $350,000 (JAYNE SHERMAN, TRUSTEE).
How much revenue does VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,582,070, expenses of $3,349,876 and total assets of $61,938,269 at year end.

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