Bob L Herd Foundation

TYLER, TX EIN: 75-2530305

Bob L Herd Foundation is a private foundation, based in TYLER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.8M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $3.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.8M

+5.3% YoY

Annual Giving

$1.3M

-4.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.3M

-4.8% YoY

About Bob L Herd Foundation

Based on IRS filings

Bob L Herd Foundation is a private foundation, based in TYLER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.8M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $3.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Various

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$907K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$32,793,258$31,138,815$30,616,031
Revenue$3,299,111$2,228,039$455,758
Expenses$1,636,422$1,713,501$1,820,163
Qualifying Distributions$1,504,684$1,597,921$1,734,864
Net Investment Income$3,212,020$2,142,236$640,899
Distributable Amount$1,586,823$1,497,517$1,598,713

Giving Over Time

Total grant dollars and number of grants per year

$0$397K$793K$1M$2M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED STATEMENT$1.3M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

COURTNEY LOGGINSVice President$85KTHOMAS NEUHOFFTreasurer$60K

From 2024 filing

NameTitleHoursCompensation
THOMAS NEUHOFFTreasurer7$60,000
COURTNEY LOGGINSVice President7$85,000
MICHAEL HERDPresident1

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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