Dorothy M Herkowski Bitters Scholarship

NEW BERLIN, WI EIN: 99-0686692

Dorothy M Herkowski Bitters Scholarship is a private foundation focused on Education, based in NEW BERLIN, WI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

Annual Giving

$40K

Grant Count

Avg Grant Size

$40K

Under IRS private-foundation payout rules, Dorothy M Herkowski Bitters Scholarship reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

About Dorothy M Herkowski Bitters Scholarship

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $40K (100%)

States

Wisconsin

Cities

Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$1,029,789	—
Revenue	$950,078	—
Expenses	$47,883	—
Qualifying Distributions	$45,057	—
Net Investment Income	$7,209	—
Distributable Amount	$34,330	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pius Xi High School ($40,000).

Recipient	Purpose	Amount
PIUS XI HIGH SCHOOL MILWAUKEE, WI	SCHOLARSHIPS	$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JARED HAGENY	PRESIDENT	0.75	$1,662
JAMES HAGENY	VICE PRESIDENT	0.25	$1,662
KELLY URBANEK	SECRETARY/TREASURER	0.25	$1,662

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Dorothy M Herkowski Bitters Scholarship?

Dorothy M Herkowski Bitters Scholarship is a private foundation focused on Education, based in NEW BERLIN, WI. It holds $1.0M in total assets as of 2024.

How large is Dorothy M Herkowski Bitters Scholarship?

As of 2024, Dorothy M Herkowski Bitters Scholarship holds $1.0M in total assets with $950K in annual revenue. It awarded 1 grants totaling $40K in 2024.

Where does Dorothy M Herkowski Bitters Scholarship operate?

Dorothy M Herkowski Bitters Scholarship has awarded grants in Wisconsin.

What size grants does Dorothy M Herkowski Bitters Scholarship award?

In 2024, Dorothy M Herkowski Bitters Scholarship awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.

How much is Dorothy M Herkowski Bitters Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dorothy M Herkowski Bitters Scholarship reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dorothy M Herkowski Bitters Scholarship's EIN?

Dorothy M Herkowski Bitters Scholarship's EIN (Employer Identification Number) is 99-0686692. IRS Form 990 filing data is available on this page for 2023–2024.