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FRANCES SCHERMER CHARITABLE TRUST 41-46496008

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Public IRS 990 nonprofit record

FRANCES SCHERMER CHARITABLE TRUST 41-46496008

EIN 95-6685749 · Private Independent Foundations (T22)

What they do

FRANCES SCHERMER CHARITABLE TRUST 41-46496008

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$178.58spent for every $100 of revenueSpending was higher than revenue this year.
$15.85in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $84,177 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $14,373 for CITY NATIONAL BANK (CO-TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$107,118
Expenses$191,295
Annual shortfall $84,177 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$107,118
Expenses$191,295
Assets$3,031,529
Income$357,962
Grants given$655,588
Average grant$3,663
Executive compensation (total)$25,885
Investing fees$14,373
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CITY NATIONAL BANKCO-TRUSTEE · 10 hrs/week $14,373
BRUCE SHERMANCO-TRUSTEE · 10 hrs/week $5,200
RICHARD MARLINCO-TRUSTEE · 10 hrs/week $5,200
JAMES L PAZOLCONSULTANT · 10 hrs/week $3,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

CITY NATIONAL BANKCO-TRUSTEE

BRUCE SHERMANCO-TRUSTEE

RICHARD MARLINCO-TRUSTEE

JAMES L PAZOLCONSULTANT

About this charity

Recognized since
January 1981
Location
400 N ROXBURY DRIVE SUITE 600, BEVERLY HILLS, CA 902105021
County
Los Angeles
In care of
CITY NATIONAL BANK
Primary officer
CITY NATIONAL BANK, TRUSTEE

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990PF
Tax preparer
KPMG LLP
NTEE classification
Private Independent Foundations (T22)
IRS tax category
Private Independent Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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