Hermanns Family Foundation Inc

Organization Overview

Hermanns Family Foundation Inc is located in St Petersburg, FL. The organization was established in 1997. 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. Hermanns Family Foundation Inc 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, Hermanns Family Foundation Inc generated $957.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $500.8k during the year ending 12/2021. While expenses have increased by 32.5% per year over the past 7 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 2014, Hermanns Family Foundation Inc has awarded 69 individual grants totaling $1,245,247. 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
Richard Hermanns
President
$0
Lisa Hermanns
VP
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $543,900
Interest on Savings $3,918
Dividends & Interest $114,628
Net Rental Income$0
Net Gain on Sale of Assets $295,210
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $957,656

Grants Awarded

Over the last fiscal year, Hermanns Family Foundation Inc has awarded $463,700 in support to 7 organizations.

Grant RecipientAmount

HIGHER QUEST FOUNDATION

Org PageRecipient Profile

Goose Creek, SC

PURPOSE: AID FOR THE INDIGENT

$300,000

FLORIDA DREAM CENTER

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: CARE FOR THE INDIGENT

$50,000

CAVALRY CHAPEL

PURPOSE: CARE FOR THE INDIGENT

$50,000

LIVING WATER

PURPOSE: CHRISTIAN CHARITY

$47,500

MERCY INTERNATIONAL FOUNDATION

PURPOSE: CARE FOR THE INDIGENT

$15,000

CHILDRENS HOSPITAL OF LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: FEED THE INDIGENT

$1,000
View Grant Profile

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