Chavi F Hertz Foundation Inc
- Assets
- $599.1k
- Revenue
- $166.6k
- Investments
- $444.4k
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 91-2152284
Organization Overview
Chavi F Hertz Foundation Inc is located in Beverly Hills, CA. 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. Chavi F Hertz 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.
Since 2015, Chavi F Hertz Foundation Inc has awarded 396 individual grants totaling $2,745,918. 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 |
|---|---|---|---|
Chavi F Hertz President | 1 | $0 | |
Sandy Gordon Vice President | 0 | $0 | |
Yisrael Gordon Vice President | 0 | $0 | |
Zev Hertz CFO | 0 | $0 | |
Isaac Hertz Secretary | 0 | $0 | |
Jael Hertz Ass. Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $215,576 |
| Interest on Savings | $41 |
| Dividends & Interest | $21,150 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$70,136 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $166,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,341 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,443 |
| Total operating and administrative expenses | $7,859 |
| Contributions, gifts, grants paid | $591,490 |
| Total expenses and disbursements | $599,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,253 |
| Savings and temporary cash investments | $65,463 |
| 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 | $25,000 |
| 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 | $0 |
| Total assets | $599,087 |
| 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 | $11,439 |
| Total liabilities | $11,439 |
Grants Awarded
Over the last fiscal year, Chavi F Hertz Foundation Inc has awarded $591,490 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
MESIVTA OF GREATER LOS ANGELES PURPOSE: GENERAL | $3,600 |
THE ALEPH INSTITUTE PURPOSE: GENERAL | $2,800 |
KEVER RACHEL FUND INC PURPOSE: GENERAL | $100 |
KAREN YEHOSHUA V'YISROEL PURPOSE: GENERAL | $100 |
CHABAD OF NORTH BEVERLY HILLS PURPOSE: GENERAL | $360 |
CHAI LIFELINE PURPOSE: GENERAL | $10,850 |