Herrig Charitable Foundation
- Assets
- $234.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Dubuque, IA
- Founding
- 10/1989
- Data as of
- 12/2022
- EIN
- 42-6430625
Organization Overview
Herrig Charitable Foundation is located in Dubuque, IA. The organization was established in 1989. 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. Herrig 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 12/2022, Herrig Charitable Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $218.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $754,250 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $337,656 |
| Total Revenue | $1,091,907 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $196,456 |
| Taxes | $2,594 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $361 |
| Total operating and administrative expenses | $205,791 |
| Contributions, gifts, grants paid | $12,300 |
| Total expenses and disbursements | $218,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,110 |
| 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 | $233,280 |
| Total assets | $234,390 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $910,931 |
| Mortgages and other notes payable | $4,289,339 |
| Other liabilities | $0 |
| Total liabilities | $5,200,270 |
Grants Awarded
Over the last fiscal year, Herrig Charitable Foundation has awarded $12,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF GREATER DUBUQUE PURPOSE: CHARITABLE | $3,050 |
DUBUQUE HUMANE SOCIETY PURPOSE: CHARITABLE | $250 |
HOLY FAMILY SCHOOL PURPOSE: CHARITABLE | $1,250 |
NO FOOT TOO SMALL PURPOSE: CHARITABLE | $1,250 |
PROJECT ROOTED PURPOSE: CHARITABLE | $1,000 |
SAINT JUDE'S CHILDREN'S HOSPITAL PURPOSE: CHARITABLE | $1,000 |