Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Sherman Fairchild Foundation Inc
 
% BONNIE HIMMELMAN
Number and street (or P.O. box number if mail is not delivered to street address)5454 Wisconsin Avenue Ste 1205
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chevy Chase, MD20815
A Employer identification number

13-1951698
B Telephone number (see instructions)

(301) 913-5990
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,049,207,158J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 2,991,574 2,991,574  
4 Dividends and interest from securities... 3,447,074 3,447,074  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 56,211,743
b Gross sales price for all assets on line 6a 128,917,414
7 Capital gain net income (from Part IV, line 2)... 59,352,175
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,945,747 1,397,757  
12 Total. Add lines 1 through 11........ 71,596,138 67,188,580  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,845,312 756,578   1,088,734
14 Other employee salaries and wages...... 335,832 137,691   198,141
15 Pension plans, employee benefits....... 437,324 179,303   258,021
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
17,446 7,153 0 10,293
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
224,448 89,820 0 134,628
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,553,946 2,019,092 0 534,854
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
87,385 37,185 0 50,200
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
35,331 35,331  
20 Occupancy.............. 156,269 62,508   93,761
21 Travel, conferences, and meetings....... 173,464 69,386   104,078
22 Printing and publications.......... 2,313 925   1,388
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
275,031 112,762 0 162,269
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,144,101 3,507,734 0 2,636,367
25 Contributions, gifts, grants paid....... 47,188,693 47,188,693
26 Total expenses and disbursements. Add lines 24 and 25 53,332,794 3,507,734 0 49,825,060
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,263,344
b Net investment income (if negative, enter -0-) 63,680,846
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 71,255,563 98,098,385 98,098,385
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 126,340,054 Click to see attachment
List of Attached Documents:
// Content
81,279,729 		75,819,576
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 514,341,282 Click to see attachment
List of Attached Documents:
// Content
494,083,667 		872,739,191
14 Land, buildings, and equipment: basis right arrow481,263
Less: accumulated depreciation (attach schedule) right arrow290,782 25,647 190,481 190,481
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,504,616 		Click to see attachment
List of Attached Documents:
// Content
2,359,525 		Click to see attachment
List of Attached Documents:
// Content
2,359,525
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 714,467,162 676,011,787 1,049,207,158
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,504,616 		Click to see attachment
List of Attached Documents:
// Content
2,413,818
23 Total liabilities (add lines 17 through 22)......... 2,504,616 2,413,818
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 711,962,546 673,597,969
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 711,962,546 673,597,969
30 Total liabilities and net assets/fund balances (see instructions). 714,467,162 676,011,787
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
711,962,546
2
Enter amount from Part I, line 27a .....................
2
18,263,344
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
730,225,890
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
56,627,921
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
673,597,969
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a T ROWE PRICE - LT      
b VANGUARD - ST      
c VANGUARD - LT      
d SECURITIES, NET HOLDINGS GAINS      
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 65,075,373   69,565,239 -4,489,866
b 338     338
c 377,607     377,607
d 60,323,664     60,323,664
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -4,489,866
b       338
c       377,607
d       60,323,664
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 59,352,175
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 885,164
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 885,164
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 885,164
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,332,985
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,332,985
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,447,821
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,447,821 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA, MD, NY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowBONNIE HIMMELMAN Telephone no.right arrow (301) 913-5990

Located atright arrow5454 WISCONSIN AVE 1205Chevy ChaseMD ZIP+4right arrow20815
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
BONNIE HIMMELMAN PRESIDENT/DIRECTOR
0 		530,400 94,832 0
5454 Wisconsin Avenue Ste 1205
Chevy Chase,MD20815
WALTER F BURKE III Chief Invest. Officer/Chairman
0 		478,400 85,026 0
5454 Wisconsin Avenue Ste 1205
Chevy Chase,MD20815
BRUCE DRESNER DIRECTOR
0 		51,000 0 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
WILL MCLEAN DIRECTOR
0 		55,000 0 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
CAROL FOLT DIRECTOR
0 		31,000 0 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
DALE KNOBEL DIRECTOR
0 		57,000 0 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
JEFF HIMMELMAN Vice President/Director
0 		325,000 97,945 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
DOROTHY KOSINSKI Director
0 		35,000 0 0
5454 Wisconsin Avenue Ste 1205
SUITE 1205
Chevy Chase,MD20815
JULIE MCLEAN TREASURER
0 		247,512 49,880 0
5454 Wisconsin Avenue Ste 1205
Chevy Chase,MD20815
RUSSEL GRANET Director
0 		35,000 0 0
5454 Wisconsin Avenue Ste 1205
Chevy Chase,MD20815
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
HEATHER BARRY STAFF
0 		165,850 38,972  
5454 WISOONSON AVENUE
CHEVY CHASE,MD20215
PAT WALLIES STAFF
0 		125,221 62,122  
5454 WISCONSIN AVENUE
CHEVY CHASE,MD20815
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BDO USALLP audit & tax services 220,404
8401 Greensboro Drive Suite 800
MCLEAN,VA22102
Barbara Beltz Grants Consultant 100,347
5454 WISCONSIN AVENUE 1205
CHEVY CHASE,MD20815
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
75,819,575
b
Average of monthly cash balances.......................
1b
20,419,243
c
Fair market value of all other assets (see instructions)................
1c
872,739,191
d
Total (add lines 1a, b, and c).........................
1d
968,978,009
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
968,978,009
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
14,534,670
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
954,443,339
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
47,722,167
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
47,722,167
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
885,164
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
885,164
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
46,837,003
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
46,837,003
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
46,837,003
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
49,825,060
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
49,825,060
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 46,837,003
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 46,297,700
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 49,825,060
a Applied to 2022, but not more than line 2a 46,297,700
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 3,527,360
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		43,309,643
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

The Morgan Library & Museum

225 Madison Ave
New York,NY10016 		None PC Centennial Support 10,000,000

Northwestern University

633 Clark St
Evanston,IL60208 		None PC Cryoelectron Microscopy Advancement 7,500,000

Partnership Schools

1011 First Ave Suite 1800
New York,NY10022 		None PC General Support/Establish Fellowship 5,000,000

University of Miami

6200 San Amaro Dr
Coral Gables,FL33146 		None PC Education Innovation Endowment 5,000,000

University of Southern California

3551 Trousdale Pkwy Suite 160
Los Angeles,CA90089 		None PC High-Tech Scholar Program 5,000,000

Lincoln Center for the Performing Arts

70 Lincoln Center Plaza 9th Fl
New York,NY10023 		None PC Tradition and Innovation Education 3,000,000

The Frick Collection

1 East 70th St
New York,NY10021 		None PC Center for Art Conservation Campaign 1,382,500

Equal Justice Initiative

122 Commerce St
Montgomery,AL36104 		None PC General Support 1,000,000

The Apollo Theater Foundation Inc

253 West 125th St
New York,NY10027 		None PC Multi-Year Program Support 1,000,000

Corporation of the Fine Arts Museums

50 Hagiwara Tean Garden Dr
San Francisco,CA94119 		None PC Arts, Diversity and Technology Initiative 833,334

NXTHVN

169 Henry St
New Haven,CT06511 		None PC Stipends for Studio and Curatorial Fellows 750,000

The Salvation Army Territorial Headquarters

120 West 14th St
New York,NY10011 		None PC General Support 700,000

The Partnership for Inner City Education

1011 First Ave Suite 1800
NY,NY10022 		None PC Partnership Schools 500,000

The Phillips Collection

1600 21st St NW
Washington,DC20009 		None PC Education in Museum 300,000

The Salvation Army Territorial Headquarters

2507 E 22nd St
Cleveland,OH44115 		None PC Emergency Services 300,000

The Salvation Army Territorial Headquarters

120 West 14th St
New York,NY10011 		None PC Emergency Services 300,000

The Salvation Army Territorial Headquarters

25 Shawmut Rd
Canton,MA02021 		None PC Emergency Services 300,000

The Salvation Army Territorial Headquarters

2300 Martin Luther King Jr Ave
Washington,DC20020 		None PC Emergency Services 300,000

The Salvation Army

5040 North Pulaski Rd
Chicago,IL60630 		None PC Emergency Services 300,000

The Metropolitan Museum of Art

1000 Fifth Ave
New York,NY10028 		None PC Dan Weiss discretionary support 250,000

Lafayette College

307 Markle Hall 730 High Street
Easton,PA18042 		None PC A&T Phase VI 170,948

Beloit College

700 College St
Beloit,WI53511 		None PC A&T Phase VI 156,935

Skidmore College

Office of the President 815 N Broa
Saratoga Springs,NY128661632 		None PC 20-21 general support 153,000

Bates College

2 Andrews Rd
Lewiston,ME04240 		None PC A&T Phase VI 151,000

Lewis and Clark College

615 S Palatine Hill Rd
Portland,OR97219 		None PC A&T Phase VI 132,620

Gustavus Adophus College

800 W College Ave
Saint Peter,MN56082 		None PC SEP Phase XV 125,000

Knox College

2 East South St
Galesburg,IL61401 		None PC SEP Phase XV 125,000

Willamette University

900 State St
Salem,OR97301 		None PC SEP Phase XVI 125,000

Tougaloo College

Office of the President 500 W Cou
Tougaloo,MI39174 		None PC 20-21 general support 124,993

LaGuardia Community College

31-10 Thomson Ave E509
Long Island City,NY11101 		None PC SEP Phase XVI 124,963

Cornell College

600 First St SW
Mt Vernon,IA52314 		None PC SEP Phase XVI 123,500

Rollins College

1000 Holt Ave
Winter Park,FL32789 		None PC SEP Phase XVI 122,650

Juniata College

1700 Monroe St
Huntingdon,PA16652 		None PC SEP Phase XVI 121,500

Miami Music Project Inc

2000 South Dixie Hwy Suite 100B
Miami,FL33133 		None PC Unified Program Evaluation Plan 100,000

Medgar Evers Educational Foundation Inc

1650 Bedford Ave
Brooklyn,NY11225 		None PC SEP Phase XVI 93,500

Agnes Scott College

141 E College Ave
Decatur,GA30030 		None PC Summer Stipend Program 82,500

Hobart and William Smith Colleges

300 Pulteney St
Geneva,NY14456 		None PC Summer Stipend Program 82,500

Moorhouse College

830 Westview Drive SW
Atlanta,GA30314 		None PC Summer Stipend Program 82,500

Occidental College

1600 Campus Rd
Los Angeles,CA90041 		None PC Summer Stipend Program 82,500

St Olaf

1520 St Olaf Ave
Northfield,MN55057 		None PC Summer Stipend Program 82,500

The College of New Jersey Foundation Inc

PO Box 7718
Ewing,NJ08628 		None PC Summer Stipend Program 82,500

Dillard University

2601 Gentilly Blvd
New Orleans,LA70122 		None PC Summer Stipend Program 55,000

Black Women for Wellness

PO Box 292516
Los Angeles,CA90029 		None PC General Support 50,000

Curts Cafe

2922 Central St
Evanston,IL60201 		None PC Self Sufficiency for Young Adults at risk 50,000

Friends of Catherine and Channel Lakes

3216 N Hoyne Ave
Chicago,IL60618 		None PC Improve/Maintain Water Quality Natural Ecosystem 50,000

Pathfinders Milwaukee Inc

4200 N Holton St Suite 400
Milwaukee,WI53212 		None PC Youth Homelessness safety and stability 50,000

Saint Francis de Sales Parish

303 Bunker Hill St
Charleston,MA02129 		None PC Church Steeple reconstruction 50,000

St Ann's Episcopal Church

167 Ocean Ave
Kennebunkport,ME04046 		None PC Preservation fund 50,000

Ravinia Festival Association

418 Sheridan Rd
Highland Park,IL60035 		None PC Reach, Teach, Play Programs 40,000

Maine Initiatives Inc

56 North St
Portland,ME04101 		None PC Racial Justice Advancement 35,000

National Links Trust

331 7th St NE
Washington,DC20002 		None PC Rock Creek Park Golf Improvements 35,000

Williamson County Childrens Advocacy Center Inc

1811 SE Inner Loop
Georgetown,TX78626 		None PC Power of Us Campaign 35,000

Breads for the City Inc

1525 Seventh St NW
Washington,DC20001 		None PC Low Income residents in DC 30,000

Lakeside Chautauqua

236 Walnut Ave
Lakeside,OH43440 		None PC Sesquicenteninial Support 30,000

Shalom Farms

1010 W Laburnam Ave
Richmond,VA23227 		None PC Culturally relevent produce on farms 30,000

Virginia Center for the Creative Arts

154 San Angelo Dr
Amherst,VA24521 		None PC Artist Residency Program 30,000

Adirondack Theatre Festival Inc

50 Elm St
Glen Falls,NY12801 		None PC Musical & Play production 25,000

Children's Museum of Manhattan

212 W 83rd St
New York,NY10024 		None PC Cultural Resource Access for Children 25,000

Friends of Montgomery Count Animals Inc

PO Box 386
Germantown,MD20875 		None PC Cat Welfare 25,000

Interlochen Center for the Arts

PO Box 199
Interlochen,MI49643 		None PC Annual Fund 25,000

International Arts and Artists

9 Hillyer Ct NW
Washington,DC20008 		None PC IA&A at Hillyer 25,000

Living Grace Canine Ranch

723 W University Ave Suite 110
Georgetown,TX78626 		None PC Senior Canine Dental Health 25,000

Onegoal

180 N Wabash Ave
Chicago,IL60601 		None PC Closing the degree divide in MA 25,000

Post Classical Ensemble Inc

5104 44th St NW
Washington,DC20016 		None PC General Support 25,000

Share Our Strength

1030 15th St NW Suite 1100 W
Washington,DC20005 		None PC No Kid Hungry Campaign 25,000

Sun24 Inc

1815 Jetton Ave
Tampa,FL33606 		None PC Save Forests in Africa 25,000

The Dallas Institute of Humanities and Culture

2719 Routh St
Dallas,TX75201 		None PC Preserving and Pursuing Culture 25,000

The Nicholson Project

2310 Nicholson St SE
Washington,DC20020 		None PC DC Arts Fellowship 25,000

The NYC Art-In-Educations Roundtable Inc

Times Square Station PO Box 2094
New York,NY10108 		None PC Arts Education Service Org Support 25,000

Univeristy of Southern California

3551 Trousdale Pkwy Suite 110
Los Angeles,CA90089 		None PC Ennvironmental Justice Initiative 25,000

University of Southern California

3551 Trousdale Pkwy Suite 160
Los Angeles,CA90089 		None PC CHARM in LA 25,000

St Mary's College of MD Foundation Inc

18952 E Fisher Rd
St Marys City,MD20686 		None PC SEP Phase XV 22,250

Sleep in Heavenly Peace Inc

1560 Eldridge Ave
Twin Falls,ID83301 		None PC Beds for Children in Need 10,000
Total .................................right arrow 3a 47,188,693
bApproved for future payment

Northwestern University
633 Clark St
Evanston,IL60208 		None PC Cryoelectron Microscopy Advancement 0

Bard College
PO Box 5000
AnnandaleonHudson,NY12504 		None PC Two Micro College Endowed Chairs 0

Partnership Schools
1011 First Ave Suite 1800
New York,NY10022 		None PC General Support/Establish Fellowship 0

NXTHVN
169 Henry St
New Haven,CT06511 		None PC Stipends for Studio and Curatorial Fellows 0

Yale Divinity School
195 Church St 11th Floor
New Haven,CT06510 		None PC Living Village Residential Complex 0

The Apollo Theater Foundation Inc
253 West 125th St
New York,NY10027 		None PC Multi-Year Program Support 0

Medgar Evers Educational Foundation Inc
1650 Bedford Ave
Brooklyn,NY11225 		None PC SEP Phase XVI 0

Cornell College
600 First St SW
Mt Vernon,IA52314 		None PC SEP Phase XVI 0

Juniata College
1700 Monroe St
Huntingdon,PA16652 		None PC SEP Phase XVI 0

Willamette University
900 State St
Salem,OR97301 		None PC SEP Phase XVI 0

LaGuardia Community College
31-10 Thomson Ave E509
Long Island City,NY11101 		None PC SEP Phase XVI 0

Rollins College
1000 Holt Ave
Winter Park,FL32789 		None PC SEP Phase XVI 0

Lewis and Clark College
615 S Palatine Hill Rd
Portland,OR97219 		None PC A&T Phase VI 0

Beloit College
700 College St
Beloit,WI53511 		None PC A&T Phase VI 0

Bates College
2 Andrews Rd
Lewiston,ME04240 		None PC A&T Phase VI 0

Lafayette College
307 Markle Hall 730 High Street
Easton,PA18042 		None PC A&T Phase VI 0
Total ................................. right arrow 3b 23,692,312
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 2,991,574  
4 Dividends and interest from securities ....     14 3,447,074  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 525990   14 8,945,747  
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990   18 56,211,743  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   71,596,138  
13Total. Add line 12, columns (b), (d), and (e)..................
13
71,596,138
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT AND TAX PREPARATION 220,404 88,162 0 132,242
401K ADMINISTRATION 4,044 1,658 0 2,386

TY 2023 ContractorCompensationExpln
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Contractor Explanation
BDO USA LLP AUDIT AND TAX SERVICES
Barbara Beltz GRANTS CONSULTANT

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Statement:
A COPY OF FORM 990PF HAS NOT BEEN FILED WITH MARYLAND. MARYLAND ONLY REQUIRES THE 990PF BE FILED WHEN THE ORGANIZATION IS FUNDRAISING IN THE STATE.

TY 2023 InvestmentsCorpStockSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Name of Stock End of Year Book Value End of Year Fair Market Value
CHINA RENAISSANCE HOLDINGS LTD 200,900 59,379
NU HOLDINGS LTD/CAYMAN ISLANDS 176,000 208,250
TANSDIGM GROUP INC 457,714 706,097
DOORDASH INC. 333,305 593,340
DUOLINGO INC 327,841 680,550
META PLATFORMS INC 39,720 707,920
ROBLOX CORP 350,246 365,349
SAMSARA INC 200,800 333,800
SERVICENOW INC. 37,310 706,490
SNOWFLAKE INC 904,384 995,000
VANGUARD RUSSELL 1000 5,996,270 6,968,773
VANGUARD RUSSELL 2000 4,998,643 5,944,918
PIMCO TOTAL RETURN FUND INST 67,256,596 57,549,710

TY 2023 InvestmentsOtherSchedule2
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED AT COST 494,083,667 872,739,191

TY 2023 LegalFeesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL-GENERAL 17,446 7,153 0 10,293


TY 2023 OtherAssetsSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHT OF USE ASSET 2,504,616 2,359,525 2,359,525


TY 2023 OtherDecreasesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description Amount
UNREALIZED LOSSES 56,627,921


TY 2023 OtherExpensesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER EXPENSE 182,597 74,865 0 107,732
INSURANCE 57,028 23,381 0 33,647
POSTAGE/COPYING 8,983 3,683 0 5,300
TELEPHONE 5,118 2,098 0 3,020
OTHER EXPENSE 21,305 8,735 0 12,570


TY 2023 OtherIncomeSchedule2
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership income(loss)-attachment 17 8,944,844 6,103,372  
Less: unrelated business income gain 0 -1,566,086  
Less non-ubit capital gains on line 7 0 -3,140,432  
OTHER INVESTMENT INCOME 903 903  


TY 2023 OtherLiabilitiesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Description Beginning of Year - Book Value End of Year - Book Value
LEASE LIABILITY 2,504,616 2,413,818


TY 2023 OtherProfessionalFeesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 2,009,457 2,009,457 0 0
GRANTS CONSULTANTS 520,989 0 0 520,989
CONSULTING FEES 23,500 9,635 0 13,865


TY 2023 TaxesSchedule
Name:
Sherman Fairchild Foundation Inc
EIN:
13-1951698
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 85,085 34,885 0 50,200
FILING FEES 2,300 2,300 0 0