The David Herro Charitable Foundation

Organization Overview

The David Herro Charitable Foundation is located in Palm Beach, FL. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. David Herro Charitable 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 12/2021, David Herro Charitable Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, David Herro Charitable Foundation has awarded 122 individual grants totaling $31,085,285. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,192,065
Interest on Savings $0
Dividends & Interest $49
Net Rental Income$0
Net Gain on Sale of Assets $216,327
Capital Gain Net Income $216,327
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,513,531
Total Revenue $2,921,972

Grants Awarded

Over the last fiscal year, The David Herro Charitable Foundation has awarded $4,572,517 in support to 13 organizations.

Grant RecipientAmount

HF FOUNDATION INC

Org PageRecipient Profile

Hartland, WI

PURPOSE: UNRESTRICTED

$3,423,046

Keller, TX

PURPOSE: UNRESTRICTED CONTRIBUTION

$250,000

BIG SHOULDERS FUND

Org PageRecipient Profile

Chicago, IL

PURPOSE: UNRESTRICTED CONTRIBUTION

$250,000

INSTITUTE OF CONTEMPORARY ART MIAMI

Org PageRecipient Profile

Miami, FL

PURPOSE: UNRESTRICTED CONTRIBUTION

$167,000

TWYLA THARP DANCE FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$150,000

MIDWEST ATHLETES AGAINST CHILDHOOD CANCER

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: TREK 100

$100,000
View Grant Profile

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