Bernard Heerey Family Foundation
The Bernard Heerey Family Foundation is a private foundation established in 2005 and based in Chicago, Illinois. The foundation operates as a 501(c)(3) exempt private foundation with a primary focus on providing funding for scholarships and support to charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$56.3M
+0.7% YoY
Annual Giving
$3.7M
+21.1% YoY
Grant Count
26
-3.7% YoY
Avg Grant Size
$142K
+25.7% YoY
Mission & Focus Areas
The foundation provides funding for scholarships to worthy students. All grants are paid to tax-exempt section 501(c)(3) public charities, with no direct programming conducted by the foundation itself.
Primary funding interests include:
- Education and scholarships
- Assistance to the elderly
- Human services
- Philanthropy and grantmaking
Grantmaking
The foundation made 22 grants in 2024. Recent grant recipients and amounts include:
Grant Range
** Typical awards range from $24,000 to $541,809
Ready to take the next step with Bernard Heerey Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Illinois and Michigan.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $56,333,520
- Total Revenue: $6,583,032
- Total Expenses: $6,194,940
- Total Liabilities: $73,900
As of 2023:
- Fair Market Value of Assets: $81,693,333
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $56,333,520 | $55,929,029 | $55,359,202 |
| Revenue | $6,583,032 | $5,905,492 | $6,195,165 |
| Expenses | $6,194,940 | $5,321,293 | $6,195,559 |
| Qualifying Distributions | $3,925,409 | $3,328,837 | $4,149,436 |
| Net Investment Income | $4,374,304 | $3,968,194 | $4,207,527 |
| Distributable Amount | $4,228,772 | $3,794,356 | $3,996,659 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
124 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Jordan A Grey, Senior Vice President
- Thomas E Baltz, Vice President and Assistant Secretary
- Charles E Dobrusin, Trustee
- Martin D Kerpel, Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NATHANIEL I GREY | MANAGING TRUSTEE, DIRECTOR, PRESIDENT | 7.18 | $184,759 |
| CHARLES E DOBRUSIN | DIRECTOR | 0.2 | — |
| MARTIN D KERPEL | DIRECTOR | 0.4 | — |
| JORDAN A GREY | SENIOR VICE PRESIDENT, ASST TREASURER | 30.67 | $630,997 |
| THOMAS E BALTZ | VICE PRESIDENT, ASST. SECRETARY | 30.02 | $617,089 |
| LILLIAN T LICHENIAK | SECRETARY, TREASURER | 21.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Bernard Heerey Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities