Meyer And Raena Hammerman Foundation

Organization Overview

Meyer And Raena Hammerman Foundation is located in Chicago, IL. The organization was established in 1957. 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. Meyer And Raena Hammerman 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 11/2023, Meyer And Raena Hammerman Foundation generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $37.5k during the year ending 11/2023. While expenses have increased by 9.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Meyer And Raena Hammerman Foundation has awarded 356 individual grants totaling $139,990. 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)Compensation
Michael Hammerman
President, Treasurer, Director
$9,750
Thomas N Hammerman
Assistant Secretary, Director
$0
Myrna L Hammerman
Director
$0
Marlene E Libs
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $13,598
Net Rental Income$0
Net Gain on Sale of Assets $35,600
Capital Gain Net Income $35,600
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $49,199

Grants Awarded

Over the last fiscal year, Meyer And Raena Hammerman Foundation has awarded $20,000 in support to 102 organizations.

Grant RecipientAmount

CHICAGO PUBLIC MEDIA

PURPOSE: OPERATING PROGRAMS

$240

LYRIC OPERA

PURPOSE: OPERATING PROGRAMS

$300

WIKIMEDIA FOUNDATION INC

PURPOSE: OPERATING PROGRAMS

$191

HARVARD CLUB OF CHICAGO

PURPOSE: OPERATING PROGRAMS

$700

WORLD RESOURCES INSTITUTE

PURPOSE: OPERATING PROGRAMS

$109

FOUNDATION FIGHTING BLINDNESS

PURPOSE: OPERATING PROGRAMS

$833
View Grant Profile

Peer Organizations

Organization NameAssets
Fischer Fam Foundation 2008 Charita Ble Tr
Fort Mitchell, KY
$84,603,295
Grand Victoria Foundation
Chicago, IL
$14,764,733
Carson-Myre Charitable Foundation
Paducah, KY
$4,075,748
William G Mcgowan Charitable Fund Inc
Chicago, IL
$4,758,244
Sondheimer Family Charitable Foundation
Wilmette, IL
$30,820
Steward Family Foundation
St Louis, MO
$9,619,434
Two Eagles Foundation Inc
Tomahawk, WI
$6,815,290
John Joseph Sigstein Foundation Inc
Huntington, IN
$2,327,854
Frank E Payne And Seba B Payne Foundation
Chicago, IL
$5,178,669
J S Frank Foundation
Deerfield, IL
$14,003,341
Jefferson Foundation
Festus, MO
$3,247,827
Cement Masons Local No 502 Savings Fund
Bellwood, IL
$9,139,294
Sue Ling Gin Foundation Tr
Chicago, IL
$5,216,823
Anheuser-Busch Foundation
Clayton, MO
$7,550,380
Comer Science And Education Foundation
Waukesha, WI
$2,583,611
Illinois Tool Works Foundation
Glenview, IL
$8,339,751
Vivo Foundation
Northbrook, IL
$2,792,090
The Brinson Foundation
Chicago, IL
$4,173,974
Wilemal Fund
Chicago, IL
$8,303,096
Richard And Mary L Gray Foundation
Chicago, IL
$1,641,767
Helen Brach Foundation
Chicago, IL
$13,643,070
David E Simon & Jacqueline S Simon Charitable Foundation
Indianapolis, IN
$2,438,463
Healthy Communities Foundation
Riverside, IL
$2,203,070
Ed Uihlein Family Foundation
Lake Forest, IL
$7,204,315
1111 Foundation
Highland Park, IL
$9,299,988

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