She is a member of the board of trustees of Loyola University Chicago, and serves on its executive committee. We especially thank the City of Norfolk, our Board of Trustees, and all the leadership donors listed below for their commitment to the Chrysler Museum of Art. Get the latest business insights from Dun & Bradstreet. The Sherman Fairchild Foundation, founded in 1955, is a charitable foundation of Sherman Fairchild, founder and chairman of the Fairchild Corporations. His mother was the daughter of William Sherman, of Davenport, Iowa. Cause IQ inputs known data points on the organization (primarily from the Form 990) into GPT-3 to generate an informative and user-friendly description summarizing the organization. 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? Its total assets are $573,550,159. Carleton Receives 4-Star Rating from Charity Navigator, Schier Talks to Reuters About Tea Party's Problems with Romney, One North College StNorthfield, MN 55057USA. Later that same year Fairchild acquired Republic Aviation, which became the Republic Aviation Division of Fairchild Hiller. Sign up to get ProPublicas biggest stories delivered straight to your inbox. The grantmaker, based in Chevy Chase, Maryland, is the charitable foundation of Sherman Mills Fairchild, the American businessman, investor, inventor, and founder of more than 70 companies. Connecticut College has announced two gifts totaling $20 million for the renovation of Palmer Auditorium and Castle Court.. Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Home Sponsors Sherman Fairchild Foundation, Inc. Sherman Fairchild Foundation, Inc. Archived Projects; 1 Archived Projects. "Walter was a wonderful friend to me, to PMA, and to Caltech," says Kip Thorne (BS '62), Richard P. Feynman Professor of Theoretical Physics, Emeritus, and a 2017 Nobel Laureate in Physics. * Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%. In 1921, he formed Fairchild Aerial Surveys and bought a surplus World War I Fokker D.VII biplane to take his aerial photographs. The company was renamed Fairchild-Stratos Corporation in 1961, and began building meteoroid detection satellites for NASA as well as cameras that were used during the Apollo missions. [4] When the M-62 won the contest, the Air Corps awarded Fairchild with a contract for 270 planes to be designated the PT-19. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Pictured here are instruments recently used to improve mirror coatings for LIGO, extending its reach into the universe. Discovering Drugs for Prion Diseases: 7/1/10: 6/30/16: . Death. Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges? Total revenues $48,078,697 2018 20122013201420152018$40m$50m$60m Total expenses $39,008,343 2018 20122013201420152018$20m$40m Total assets $573,550,159 2018 20122013201420152018$0.5b$0.6b Burke, the longtime president and treasurer of the Sherman Fairchild Foundation and a life member of the Caltech Board of Trustees, passed away on November 1, 2018. Most of the $200+ million estate went to two charitable foundations he formed during his lifetime, the Fairchild Foundation and the Sherman Fairchild Foundation. Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? While each of these fields shapes the other, they have historically been pursued separately. [3], In 1917, after being rejected from the military because of his poor health, Fairchild was determined to find another way to support the World War I effort. [3] Recipients include Caltech, Dartmouth College, MIT, and Bryn Mawr College. [12][13], Fairchild Corporation also developed the Fairchild Lunar Mapping Camera (also known as the Metric Camera) for NASA. He left bequests to more than 50 relatives, friends and former . During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? The division also manufactured parts for the F-4 Phantom and the Boeing 747 Jumbo Jet. Upon his death on March 28, 1971, he left the bulk of his estate to his foundations. The Sherman Fairchild Foundation, a longtime supporter of research at Caltech, has granted the Institute $20 million for the construction of laboratories that integrate gravitational-wave science and quantum precision measurement. [17] After numerous changes it became the Aircraft Division in 1967, which was broken up in a corporate reorganization after Fairchild's death. [16] In 1950, it became Fairchild Engine and Airplane Company. The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. December 06, 2021 The Sherman Fairchild Foundation, a longtime supporter of research at Caltech, has granted the Institute $20 million for the construction of laboratories that integrate gravitational-wave science and quantum precision measurement. 1929 Kreider-Resner Aircraft Company, Inc. (82% stock) 1929 Fairchild Shares Corporation. He founded over 70 companies, including Fairchild Aircraft ( Fairchild Aviation Corporation ), Fairchild Industries, and Fairchild Camera and Instrument. The building is named for Albert B. Maginnes '21, who was a lawyer and university trustee. In addition to crucial support for gravitational-wave research, grants have supported 80 outstanding postdoctoral scholars at Caltech and brought hundreds of distinguished visitors to campus. After receiving his LLB from Columbia Law School in 1948, he practiced with Cadwalader, Wickersham & Taft from 1948 to 1952. Upon his death on March 28, 1971, he left the bulk of his estate to his foundations. He was a member of the Jet Propulsion Laboratory committee as well as a member of the visiting committees for the divisions of physics, mathematics and astronomy (PMA), and the humanities and social sciences (HSS). Chevy Chase, ProPublica posts new tax forms as they are released by the IRS. He incorporated Fairchild Aviation Corporation as a holding company for all his other endeavors, with two of its largest subsidiaries being the Fairchild Airplane Manufacturing Corporation of Farmingdale, New York, and the Kreider-Reisner Aircraft Company of Hagerstown, Maryland. Subscribe . The $300,000, three-year project will support Carleton arts and technology faculty in developing new class modules, courses, collaborative courses, and curricular models for multi-disciplinary student projects. Click here to open the "Quick Links" submenu, Click here to open the "About Caltech" Submenu, Click here to open the "Research" Submenu, Click here to open the "Academics" Submenu, Click here to open the "Admissions & Aid" Submenu, Click here to open the "Campus Life & Events" Submenu, Technology Transfer & Corporate Partnerships, Walter Burke Institute for Theoretical Physics, Walter Burke Institute for Theoretical Physics Established at Caltech. The Fairchild 670, introduced shortly after the 660, is a dual-channel version. De exemplu, cnd se afieaz 4-T, aceasta nseamn: de la numrul 4 la toate numerele pare. Scaling up quantum phenomena is also foundational for quantum computing. [3], Known to be a particularly bright and naturally inquisitive child, Fairchild matriculated at Harvard University in 1915 where, in his freshman year, he invented the first synchronized camera shutter and flash. Taxable trusts and private foundations that are required to file a form 990PF are also included. The Sherman Fairchild Foundation, Inc. While each of these fields shapes the other, they have historically been pursued separately. Walter served on many corporate Boards. A new grant enables construction of laboratories at Caltech that will integrate gravitational-wave science and quantum precision measurement. The rarity of Fairchild compressors has made them highly desirable and . He held an Honorary Doctor of Laws Degree from Dartmouth College. , Non-representatives - add comments about Sherman Fairchild Foundation Inc, You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated, (additional info to increase the weight and the placement of your review and ratings), NonProfitFacts.com is not associated with, endorsed by, or sponsored by Sherman Fairchild Foundation Inc and has no official or unofficial affiliation with Sherman Fairchild Foundation Inc, Would you recommend Sherman Fairchild Foundation Inc to others? Upon his death on March 28, 1971, he left the bulk of his estate to his foundations.[2]. "Walter's storied career, taste for talent, and exemplary generosity contributed to Caltech's success for more than 40 years," says Caltech president Thomas Rosenbaum, the Sonja and William Davidow Presidential Chair and professor of physics. The funding enables a paid . Sherman Fairchild Foundation Inc in Chevy Chase, Maryland (MD) Advertisements Table of contents: Overview Detailed Reports Analysis of Revenue and Expenses Balance Sheets Capital Gains and Losses for Tax on Investment Income Excise Tax Based on Investment Income Statements Regarding Activities [4], In the summer of 1939, he entered the plane in a U.S. Army competition against other primary trainer candidates. About Sherman Mills Fairchild. Walter Burke, longtime president and treasurer of the Sherman Fairchild Foundation and a life member of the Caltech Board of Trustees, passed away on November 1, 2018. [4] It was nicknamed the "Flying Boxcar" because the plane's cargo capacity of 2,870 cubic feet (81m3) was the same as that of a standard railway boxcar. December 06, 2021 The Sherman Fairchild Foundation, a longtime supporter of research at Caltech, has granted the Institute $20 million for the construction of laboratories that integrate gravitational-wave science and quantum precision measurement. Sherman Mills Fairchild formed two charitable foundations, the Fairchild Foundation and the Sherman Fairchild Foundation during his lifetime. [4] During the Great Depression he consolidated his aircraft business in Hagerstown to form the Fairchild Aircraft Corp in 1935, which became his principal US aircraft manufacturing subsidiary. Fairchild left most of his $200 million estate to his foundations upon his death in . The 40-seat plane was also the first to offer its passengers air conditioning and pressurization within the short-haul marketplace. "He was a longtime member of the Caltech Board of Trustees and of the PMA visiting committee, where his frank, to-the-point advice was of great value.". The Sherman Fairchild Foundation and the Atheys are major supporters of Connecticut College, funding scholarships, research and science and arts initiatives over the years. The newly funded laboratories will provide outstanding technical facilities for Caltech's research programs in quantum precision measurement and gravitational-wave detection. For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits. Win whats next. 09/14/2022. Mr. Fairchild attended Harvard College, but his formal education was interrupted by illness. Sherman Fairchild Foundation Inc in Chevy Chase, Maryland (MD), NonProfitFacts.com - Tax-Exempt Organizations, Capital Gains and Losses for Tax on Investment Income, Statements Regarding Activities for Which Form 4720 May Be Required, Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations, Organizations performing similar types of work, Dorothy Gilson Morris Charitable Remainder Unitrust, Mudd Dorothy M Ttee, Theocracy International Ministries Inc, Theocracy Christian Center, Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha, William Kelly Gregory & Anna Margaretta Gregory Charitable Foun, The@milton M Meyer Jr & Mildred B Meyer Foundation, The William S Baer School Partnership Board Inc, Syed Mohamed And Sharifah Zaitun Albukhary Waqf, Gifts, grants, or loans to other organizations, National Taxonomy of Exempt Entities (NTEE), Philanthropy, Voluntarism and Grantmaking Foundations: Corporate Foundations. 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? MD United States 20815, Terms of Access lists of funders based on detailed search criteria and other features such as: Emphasis on higher education and fine arts and cultural institutions; some support for medical research and social welfare. Did the foundation comply with the public inspection requirements for its annual returns and exemption application? The gifts, which include $10 million from the Sherman Fairchild Foundation and $10 million from alumna Nancy Marshall Athey ('72) and her husband, Preston Athey, will enable the college to transform the 1,300-seat Palmer Auditorium, an Art Deco theater built in 1939, and . Organizations making less than $50,000 dont have to file either form but do have to let the IRS theyre still in business via a Form 990N "e-Postcard.". Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? Caltech has begun design of the laboratories, which will include 12,000 square feet ofbest-in-class experimental facilities. The foundation's philanthropy to Caltech dates back to the 1970s. Please share any feedback you have about Foundation Directory Online. Did any persons become substantial contributors during the tax year? Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? Established in 1955, the foundation primarily supports education, cultural institutions, medical research, visual and performance arts, and social welfare organizations. The field of quantum measurement arose from the half-century quest to build gravitational-wave detectors, instruments that can detect and measure ripples in spacetime. Using these techniques, Caltech scientists aim to invent tools that will use quantum phenomena to change what can be measured, detected, and observed, with profound ramifications for science and society. Currently, Dr. Knobel serves as a Director of the Sherman Fairchild Foundation, a philanthropic supporter of higher education and the fine arts in the United States, and resides in suburban Austin, Texas. He left Columbia during World War I to build an aerial camera for the War Department. In 1979, Fairchild was inducted into the National Aviation Hall of Fame. These researchers' insights and technical advances helped the broader scientific community see new possibilities for controlling and scaling up quantum phenomena that typically are observed at subatomic levels. In 1929, Fairchild acquired a controlling interest in the Kreider-Reisner Co. and began building new manufacturing facilities at the Hagerstown Airfield. The Internal Revenue Service is substantially delayed in processing and releasing nonprofit filings, so documents available here may not be the most recent an organization has filed. [4] In 1923, Fairchild formed Fairchild Aerial Surveys of Canada, Limited after he was asked by the chief forester of the Laurentide Paper Company to perform aerial surveys of Canada. . He was 96 years old. We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. He is buried within walking distance of the home he grew up in, now the Oneonta Masonic Lodge. [8] The need for Fairchild's aerial cameras continued to grow; during World War II over 90% of all aerial cameras used by Allied Forces were of Fairchild design or manufacture. [2], Fairchild wanted to expand the capabilities of his cameras for map making and aerial surveying. It contributed to the Sherman Fairchild Library of Engineering and Applied Science and the Cahill Center for Astronomy and Astrophysics. The laboratories will be named for a scientist who has shaped those fields: Kip Thorne (BS '62), Caltech's Richard P. Feynman Professor of Theoretical Physics, Emeritus. [1] Fairchild made significant contributions to the aviation industry and was inducted into the National Aviation Hall of Fame in 1979. Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? Did the foundation have excess business holdings in this year 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? The Sherman Fairchild Foundation, a longtime supporter of research at Caltech, has granted the Institute $20 million for the construction of laboratories that integrate gravitational-wave science and quantum precision measurement. [8] In the 1950s, Fairchild manufactured the C-123 Provider, a short-range assault transport which was used for a variety of purposes, including spraying defoliants in Vietnam. The Sherman Fairchild Foundation was clearly pleased with the progress. Company is located in the register under the national Company number 62665. Since 1987, Burke Awards have been essential to the success of more than 400 faculty members. His father died on December 31, 1924, and as an only child he inherited his father's multimillion-dollar estate. [4] His father was a Republican Congressman as well as a co-founder and the first Chairman of IBM. See the list , The data powering this website is available programmatically, via an API. Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? The assets of the foundation are managed by the board of directors. SCHOLARSHIP PROGRAM | The Sherman Foundation SHERMAN FOUNDATION GRANT ASSISTANCE PROGRAM The Sherman Foundation collaborates with a number of local organizations to offer support and programs dedicated to our cause, providing: Crisis Assistance, Referrals, Guidance Family & Individual Support Groups Legal, Financial, & Education Assistance Pictured here are instruments recently used to improve mirror coatings for LIGO, extending its reach into the universe. History of acquisitions, mergers and divestitures, Fairchild Recording Equipment Corporation, Fairchild Camera & Instrument Corporation, Semiconductor Division, California State University at Northridge, Fairchild 660 mono and 670 stereo dynamic range compressors, American Society for the Prevention of Cruelty to Animals, "In 1920s New York, This Woman Typist Became a Pioneering Aerial Photographer", "Prominent Collector Endorses MIL Bid for Unique Photo Collection", "The Apollo Lunar Mapping Cameras: Charting a New Frontier", "History of the manufacturer Fairchild Recording Equipment Corp.; Whitestone NY", "Columbia Gets $6.5Million for Biology Building", Detailed biography of airplane accomplishments, https://en.wikipedia.org/w/index.php?title=Sherman_Fairchild&oldid=1127517668, Fellows of the Royal Aeronautical Society, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 15 December 2022, at 05:01. [8], In 1956, Fairchild built the Fokker F-27 Friendship passenger airplane, the first American-built airliner in service. Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? If this organization has filed an amended return, it may not be reflected in the data below. The new laboratories will bring together these fields, which have such a strong mutual influence. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information. Sherman Mills Fairchild (April 7, 1896 - March 28, 1971) was an American businessman and investor. Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? [3] Fairchild is also responsible for inventing the first synchronized camera shutter and flash as well as developing new technologies for aerial cameras that were later used on the Apollo Missions. The new laboratories will bring together these fields, which have such a strong mutual influence. The center will leverage an array of Caltech programs, such as WAVE, FUTURE, and the Presidential Postdoctoral Fellows Program, to build diverse cohorts of students and postdoctoral scholars. If you would like us to contact you for follow up, please include your name and e-mail address and we will be in touch. A recipient of the South Carolina Governor's Award for Excellence in Scientific Research, he has also received Furman's Meritorious Advising Award and the Henry Keith and Ellen Hard Townes Professorship. 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