Robert E Herman Family Foundation
- Assets
- $11.7m
- Revenue
- $654.9k
- Investments
- $11.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- Data as of
- 12/2022
- EIN
- 46-4365075
Organization Overview
Robert E Herman Family Foundation is located in Las Vegas, NV. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert E Herman 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 12/2022, Robert E Herman Family Foundation generated $654.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $869.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert E Herman Family Foundation has awarded 43 individual grants totaling $1,475,350. 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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $124,309 | |
Name Not Listed Trustee | 1 | $15,859 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $400,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $253,844 |
| Capital Gain Net Income | $253,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $250 |
| Total Revenue | $654,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,510 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,352 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,723 |
| Total operating and administrative expenses | $219,478 |
| Contributions, gifts, grants paid | $650,000 |
| Total expenses and disbursements | $869,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,733 |
| Savings and temporary cash investments | $541,221 |
| 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 | $5,276,367 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,723,837 |
| 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, Robert E Herman Family Foundation has awarded $650,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WILLISTON PURPOSE: GENERAL OPERATING | $17,447 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $12,000 |
WILLISTON COMMUNITY LIBRARY FOUNDATION PURPOSE: GENERAL OPERATING | $10,000 |
THE VILLAGE FAMILY SERVICE CENTER PURPOSE: GENERAL OPERATING | $45,000 |
UPPER MISSOURI LUTHERAN BIBLE CAMP PURPOSE: GENERAL OPERATING | $65,000 |
DAKOTA BOYS AND GIRLS RANCH PURPOSE: GENERAL OPERATING | $51,000 |