Hermelin Family Foundation

Organization Overview

Hermelin Family Foundation is located in Bloomfield Hills, MI. The organization was established in 1985. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Hermelin Family 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 05/2022, Hermelin Family Foundation generated $748.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.5% each year . All expenses for the organization totaled $214.8k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hermelin Family Foundation has awarded 112 individual grants totaling $4,261,270. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE JEWISH COMMUNITY AND THE COMMUNITY AS A WHOLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS AND AWARDS GIVEN TO CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Ingber
Assistant Secretary
$0
Dorothy Benyas
Assistant Treasurer
$0
Doreen N Hermelin
President
$0
Brian M Hermelin
Vice President
$0
Francine G Hermelin
Secretary
$0
Julie C Hermelin
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$355,940
Noncash contributions included in lines 1a–1f $355,940
Total Revenue from Contributions, Gifts, Grants & Similar$355,940
Total Program Service Revenue$0
Investment income $203,130
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $188,967
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $748,037

Grants Awarded

Over the last fiscal year, Hermelin Family Foundation has awarded $128,513 in support to 4 organizations.

Grant RecipientAmount

JEWISH FEDERATION OF METROPOLITAN DETROIT

Org PageRecipient Profile

Bloomfield Hills, MI

PURPOSE: TO SUPPORT THE ANNUAL CAMPAIGN.

$90,180

New York, NY

PURPOSE: TO SUPPORT WORLDWIDE EDUCATION.

$20,000

EPILEPSY FOUNDATION OF LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: TO SUPPORT EPILEPSY RESEARCH

$10,000

DETROIT JEWISH NEWS FOUNDATION INC

Org PageRecipient Profile

Farmington Hills, MI

PURPOSE: TO SUPPORT THE JEWISH COMMUNITY

$8,333
View Grant Profile

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