Skip to content
Nonprofiteer
← FLORENCE E HERMAN CHARITABLE TRUST

Form 990 for tax year 2023

Filed by FLORENCE E HERMAN CHARITABLE TRUST.

Totals

Total revenue
$80,137
Total expenses
$121,105
Contributions and grants received
$0
Grants paid
$105,007
Program service revenue
$0
Investment income
$80,137
Other revenue
$0
Total assets, end of year
$1,602,475
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,602,475
Program services expenses (Part IX)
$105,007
Management and general expenses
$16,098
Fundraising expenses
$0
Program service expenses (Part III)
$105,007

Program services were 86.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $42,848 · excluded $42,848

  • 7a · Gross sales of assets other than inventory

    securities $440,307

  • 7b · Less cost or other basis and sales expenses

    securities $403,018

  • 7c · Gain or loss

    securities $37,289

  • 7d · Net gain or loss

    total $37,289 · excluded $37,289

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $105,007 · program services $105,007

  • 5 · Compensation of officers, directors and key employees

    total $15,015 · management and general $15,015

  • 11c · Fees: accounting

    total $1,000 · management and general $1,000

  • 24a · Other expenses: FOREIGN TAX PAID

    total $83 · management and general $83

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $106,541 · end of year $98,998

  • 11 · Investments: publicly traded securities

    beginning of year $1,536,902 · end of year $1,503,477

  • 29 · Capital stock, trust principal or current funds

    beginning of year $1,719,835 · end of year $1,719,835

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$76,392 · end of year -$117,360

Mission and programs · 2023

Mission

DISTRIBUTIONS ARE PAID TO NAMED CHARITY PER TERMS OF THE GOVERNING DOCUMENT TO HELP DEFRAY EXPENSES OF THE CHARITY.

  • DISTRIBUTIONS TO CHARITABLE ORGANIZATION AS DIRECTED BY THE GOVERNING DOCUMENT.

    Expenses $105,007 · Grants $105,007

As filed on the 2023 return.

Listed in Part VII

  • Greenleaf Trust

    TRUSTEE

    Total calculated
    $15,015
    From this org
    $15,015
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.1
Source object
202443109349302439

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.