Richard And Sherry Gershenson Family Foundation

Farmington Hills, MI
Tax-exempt since Nov. 1996
EIN: 38-3314501

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Revenue

$8.17k (2025)

Expenses

$22.5k (2025)

Total Assets

$51.2k (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Jan.
2025

Revenue

$8,171

Expenses

$22,452

Net Income

-$14,281

Net Assets

$51,206

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,265	52.2%
Interest Revenue	$0
Dividends	$1,069	13.1%
Sales of Assets	$2,837	34.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,624	96.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$51,206
Total Liabilities	$0
Net Assets	$51,206

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 12, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2024

Revenue

$2,362

Expenses

$32,925

Net Income

-$30,563

Net Assets

$65,487

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,425	60.3%
Interest Revenue	$0
Dividends	$1,943	82.3%
Sales of Assets	-$1,006
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,202	97.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$65,487
Total Liabilities	$0
Net Assets	$65,487

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2023

Revenue

$7,129

Expenses

$32,044

Net Income

-$24,915

Net Assets

$104,666

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,428	20.0%
Interest Revenue	$0
Dividends	$5,701	80.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,682	95.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$104,666
Total Liabilities	$0
Net Assets	$104,666

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Jan. 23, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2022

Revenue

$6,296

Expenses

$2,463

Net Income

$3,833

Net Assets

$149,043

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,390	22.1%
Interest Revenue	$0
Dividends	$4,906	77.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$662	26.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$149,043
Total Liabilities	$0
Net Assets	$149,043

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2021

Revenue

$4,576

Expenses

$3,975

Net Income

$601

Net Assets

$143,068

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,576	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,386	60.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$143,069
Total Liabilities	$1
Net Assets	$143,068

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2020

Revenue

$4,975

Expenses

$9,284

Net Income

-$4,309

Net Assets

$129,323

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,299	26.1%
Interest Revenue	$0
Dividends	$3,676	73.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,130	76.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$129,324
Total Liabilities	$1
Net Assets	$129,323

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 15, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2019

Revenue

$5,576

Expenses

$8,044

Net Income

-$2,468

Net Assets

$119,052

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,261	22.6%
Interest Revenue	$0
Dividends	$4,315	77.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,446	80.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$119,052
Total Liabilities	$0
Net Assets	$119,052

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 16, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2018

Revenue

$5,277

Expenses

$9,675

Net Income

-$4,398

Net Assets

$127,186

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,268	24.0%
Interest Revenue	$0
Dividends	$4,009	76.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,133	84.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$127,186
Total Liabilities	$0
Net Assets	$127,186

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2017

Revenue

$6,104

Expenses

$1,990

Net Income

$4,114

Net Assets

$117,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,201	19.7%
Interest Revenue	$0
Dividends	$4,650	76.2%
Sales of Assets	$253	4.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$550	27.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$117,163
Total Liabilities	$0
Net Assets	$117,163

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2016

Revenue

$7,862

Expenses

$3,066

Net Income

$4,796

Net Assets

$104,410

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,365	30.1%
Interest Revenue	$0
Dividends	$5,889	74.9%
Sales of Assets	-$392
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,091	35.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$104,410
Total Liabilities	$0
Net Assets	$104,410

Compensation

Key Employees and Officers	Compensation	Other
Sherry Gershenson (Director)	$0	$0
Lyndsey Gershenson (Trustee)	$0	$0
Aaron Gershenson (Trustee)	$0	$0

990-PF

Filed on Dec. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2015

Revenue

$9,569

Expenses

$3,061

Net Income

$6,508

Net Assets

$107,562

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,374	56.2%
Sales of Assets	$4,195	43.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,082	35.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$107,562
Total Liabilities	$0
Net Assets	$107,562

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2014

Revenue

$3,848

Expenses

$3,270

Net Income

$578

Net Assets

$103,559

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,726	96.8%
Sales of Assets	$122	3.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,372	42.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$103,559
Total Liabilities	$0
Net Assets	$103,559

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2013

Revenue

$17,062

Expenses

$9,056

Net Income

$8,006

Net Assets

$96,444

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$754	4.4%
Sales of Assets	$16,308	95.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,587	72.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,444
Total Liabilities	$0
Net Assets	$96,444

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2012

Revenue

$12,389

Expenses

$24,503

Net Income

-$12,114

Net Assets

$85,122

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,800	30.7%
Sales of Assets	$8,589	69.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$19,544	79.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$85,122
Total Liabilities	$0
Net Assets	$85,122

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2011

Revenue

$3,588

Expenses

$2,119

Net Income

$1,469

Net Assets

$97,236

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,093	86.2%
Sales of Assets	$495	13.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,838	86.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$97,236
Total Liabilities	$0
Net Assets	$97,236

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Updated March 23, 2026

Richard And Sherry Gershenson Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $8.17k (2025)

Expenses $22.5k (2025)

Total Assets $51.2k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Jan. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Jan. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Jan. 2013

Revenue

$8.17k (2025)

Expenses

$22.5k (2025)

Total Assets

$51.2k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Jan.
2025

Fiscal Year Ending Jan.
2024

Fiscal Year Ending Jan.
2023

Fiscal Year Ending Jan.
2022

Fiscal Year Ending Jan.
2021

Fiscal Year Ending Jan.
2020

Fiscal Year Ending Jan.
2019

Fiscal Year Ending Jan.
2018

Fiscal Year Ending Jan.
2017

Fiscal Year Ending Jan.
2016

Fiscal Year Ending Jan.
2015

Fiscal Year Ending Jan.
2014

Fiscal Year Ending Jan.
2013

Fiscal Year Ending Jan.
2012

Fiscal Year Ending Jan.
2011

Fiscal Year Ending Jan.
2010

Fiscal Year Ending Jan.
2009

Fiscal Year Ending Jan.
2008

Fiscal Year Ending Jan.
2007

Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
2002