Herman Foundation

Organization Overview

Herman Foundation is located in Bennington, NE. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Herman 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, Herman Foundation generated $212.6k 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 (25.4%) each year. All expenses for the organization totaled $279.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Herman Foundation has awarded 25 individual grants totaling $1,237,500. 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 $0
Interest on Savings $3
Dividends & Interest $108,887
Net Rental Income$0
Net Gain on Sale of Assets $103,667
Capital Gain Net Income $103,667
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $212,557

Grants Awarded

Over the last fiscal year, Herman Foundation has awarded $215,000 in support to 5 organizations.

Grant RecipientAmount

UNIVERSITY OF NEBRASKA FOUNDATION

PURPOSE: CHARITABLE OPERATIONS

$120,000

ST PATRICK CATHOLIC CHURCH

PURPOSE: CHARITABLE OPERATIONS

$50,000

FOODBANK FOR THE HEARTLAND

PURPOSE: CHARITABLE OPERATIONS

$25,000

TEAMMATES FOUNDATION

Org PageRecipient Profile

Lincoln, NE

PURPOSE: CHARITABLE OPERATIONS

$15,000

RICHARD GLOVER ALL ACCESS TO LIFE FOUNDATION INC

PURPOSE: CHARITABLE OPERATIONS

$5,000
View Grant Profile

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