Dorothy B Hersh Foundation Inc logo

Dorothy B Hersh Foundation Inc

PEAPACK, NJ EIN: 22-2280011 Website

The Dorothy B. Hersh Foundation is a private foundation established in 1982 in New Jersey, dedicated to supporting underprivileged, handicapped, and special needs children. The foundation is located in Peapack, New Jersey and operates as a 501(c)(3) charitable organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.5M

+15.4% YoY

Annual Giving

$872K

+169.6% YoY

Grant Count

7

+75.0% YoY

Avg Grant Size

$125K

+54.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to make a meaningful impact on the lives of underprivileged, handicapped, and special needs children in the New Jersey area. Giving is limited to agencies that represent handicapped children.

The foundation awards grants specifically for capital expenditure programs and projects, including:

  • Building improvements
  • Specialized transportation vehicles
  • Specialized equipment
  • Physical property needs ("brick and mortar" projects)

Grantmaking

The foundation requires electronic submissions of grant requests to minimize paperwork for both grantees and the foundation. The foundation is committed to responding to inquiries in a timely fashion and to honestly informing grant seekers about their prospects for funding.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New Jersey, with qualified programs also eligible in New York and Pennsylvania.

Grant Distribution by State

1states

States

Cities

BedminsterCedar KnollsColumbusEdisonElizabethFreeholdFreenoldMonroe TownshipMorganvilleMorristownNeptuneNew BrunswickNewtonOakhurstOaklandPattersonSummitUnionWall

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $24,665,304
  • Total Revenues: $2,483,297
  • Total Expenses: $926,358
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$683K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$28,475,323$24,665,304$18,976,302
Revenue$1,312,818$2,483,297$513,408
Expenses$1,451,364$926,358$711,965
Qualifying Distributions$970,868$417,497$1,245,191
Net Investment Income$1,048,756$2,256,511$283,408
Distributable Amount$1,167,868$981,529$1,033,445

Giving Over Time

Total grant dollars and number of grants per year

$0$277K$553K$830K$1M9 grants20209 grants20218 grants20224 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

MORRISTOWN MEDICAL HEALT…$250KCENTRASTATE HEALTHCARE F…$200KOVERLOOK HOSPITAL FOUNDA…$200KVIRTUA HEALTH$100KST JOSEPH'S HEALTH FOUND…$75KPG CHAMBERS SCHOOL$28KSPECIAL STRIDES$19K

Grant Size Distribution

37 grants across all recorded years

16<$50K5$50–100K12$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Robert Donnelly serves as President and Director of the foundation.

Compensation Overview

From 2024 IRS filing

MR ROBERT DONNELLY JRPRES/DIR$20KMS DIANA KELLYDIRECTOR$20KMR CHRISTOPHER REEDDIRECTOR$20K

From 2024 filing

NameTitleHoursCompensation
MR ROBERT DONNELLY JRPRES/DIR$19,929
MS DIANA KELLYDIRECTOR$19,929
MR CHRISTOPHER REEDDIRECTOR$19,929

Recent News & Activity

Recent developments and announcements

The foundation has supported significant healthcare initiatives in New Jersey:

Atlantic Health System's Morristown Medical Center announced the Hersh Fetal Diagnostic Center, a specialized center to treat high-risk pregnancies, supported by a grant from the foundation.

Atlantic Health System\u2019s Morristown Medical Center Announces Specialized\

Overlook Medical Center completed the Hersh Children's Center with foundation support.

Atlantic Health System\u2019s Morristown Medical Center Announces Specialized\

The Dorothy B. Hersh Child Protection Center at Saint Peter's Healthcare System in central New Jersey provides crisis intervention, child abuse assessments, and referrals to community resources, serving seven counties.

Atlantic Health System\u2019s Morristown Medical Center Announces Specialized\

Contact Information

Address: PO Box 471, Peapack, NJ 07977-0471

Website: DOROTHYBHERSHFOUNDATION.ORG

Phone: 941-924-1678

EIN: 22-2280011

Related Funders

Similar funders by location and focus area

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

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