Hellmuth Hertz Foundation
- Assets
- $0.0
- Revenue
- $188.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 36-3741553
Organization Overview
Hellmuth Hertz Foundation is located in Portland, OR. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hellmuth Hertz Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hellmuth Hertz Foundation generated $188.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $206.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Hellmuth Hertz Foundation has awarded 16 individual grants totaling $1,399,723. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans Hertz President | 4 | $0 | |
Per Alm Secretary And Treasurer | 10 | $0 | |
Lena Ambjrn Director | 2 | $0 | |
Lil Traskman-Bendz Director | 2 | $0 | |
Freddy Stalberg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $60 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,263 |
| Capital Gain Net Income | $188,263 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $188,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,667 |
| Total operating and administrative expenses | $24,017 |
| Contributions, gifts, grants paid | $182,880 |
| Total expenses and disbursements | $206,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hellmuth Hertz Foundation has awarded $206,205 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MARTIN BERNHARDSSON PURPOSE: FINANCIAL RESOURCES FOR THIS POST-DOCTORAL STIPEND, FROM THE BIRGIT AND HELLMUTH HERTZ FOUNDATION, ARE GRANTED AT THE DISCRETION OF THE FOUNDATION BOARD AND ARE ADMINISTERED BY THE ROYAL PHYSIOGRAPHIC SOCIETY OF LUND. THE GOAL IS TO ALLOW YOUNGER RESEARCHERS THE POSSIBILITY TO RENEW THEIR RESEARCH BY THE AWARD OF A PROJECT GRANT OVER TWO TO THREE YEARS. THE PROJECT MUST INCLUDE A LONGER RESEARCH VISIT (6-12 MONTHS) AT A WELL-RESPECTED FOREIGN UNIVERSITY (OR EQUIVALENT) OUTSIDE THE NORDIC REGION FOLLOWED BY RESEARCH WITHIN THE SAME PROJECT AT THE HOME UNIVERSITY (18-24 MONTHS). | $71,484 |
OSCAR NORDAHL PURPOSE: FINANCIAL RESOURCES FOR THIS POST-DOCTORAL STIPEND, FROM THE BIRGIT AND HELLMUTH HERTZ FOUNDATION, ARE GRANTED AT THE DISCRETION OF THE FOUNDATION BOARD AND ARE ADMINISTERED BY THE ROYAL PHYSIOGRAPHIC SOCIETY OF LUND. THE GOAL IS TO ALLOW YOUNGER RESEARCHERS THE POSSIBILITY TO RENEW THEIR RESEARCH BY THE AWARD OF A PROJECT GRANT OVER TWO TO THREE YEARS. THE PROJECT MUST INCLUDE A LONGER RESEARCH VISIT (6-12 MONTHS) AT A WELL-RESPECTED FOREIGN UNIVERSITY (OR EQUIVALENT) OUTSIDE THE NORDIC REGION FOLLOWED BY RESEARCH WITHIN THE SAME PROJECT AT THE HOME UNIVERSITY (18-24 MONTHS). | $87,981 |
JONAS OFORI PURPOSE: FINANCIAL RESOURCES FOR THIS POST-DOCTORAL STIPEND, FROM THE BIRGIT AND HELLMUTH HERTZ FOUNDATION, ARE GRANTED AT THE DISCRETION OF THE FOUNDATION BOARD AND ARE ADMINISTERED BY THE ROYAL PHYSIOGRAPHIC SOCIETY OF LUND. THE GOAL IS TO ALLOW YOUNGER RESEARCHERS THE POSSIBILITY TO RENEW THEIR RESEARCH BY THE AWARD OF A PROJECT GRANT OVER TWO TO THREE YEARS. THE PROJECT MUST INCLUDE A LONGER RESEARCH VISIT (6-12 MONTHS) AT A WELL-RESPECTED FOREIGN UNIVERSITY (OR EQUIVALENT) OUTSIDE THE NORDIC REGION FOLLOWED BY RESEARCH WITHIN THE SAME PROJECT AT THE HOME UNIVERSITY (18-24 MONTHS). | $46,740 |