Frank & Helen Hermann Foundation Inc

Private foundation · Grantmaker Middle Village, NY EIN: 11-3618580

Frank & Helen Hermann Foundation Inc is a private foundation, based in Middle Village, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $781K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $24K.

Key facts about Frank & Helen Hermann Foundation Inc

In short: Frank & Helen Hermann Foundation Inc gave $28K across 4 grants in 2024 (avg $7K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
11-3618580
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$27,656
Grants made (2024)
4
Average grant
$6,914
Median grant
$7,500
Total assets
$781,473
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$781K

-1.8% YoY

Annual Giving

$28K

+0.6% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$7K

+0.6% YoY

Under IRS private-foundation payout rules, Frank & Helen Hermann Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

How Frank & Helen Hermann Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−8%). Method
  • In 2024 it paid out 131% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

New YorkPlainview

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2020 3 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2020) to $30K (2021). In 2024 it made 4 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Lincoln Center Chamber Music Society: $10KLincoln Center Chamber MusicSociety$10KHarmony Program: $10KHarmony Program$10KMannes School of Music: $5KMannes School of Music$5KPaul Efferman Music: $3KPaul Efferman Music$3K

The largest 2024 recipient was Lincoln Center Chamber Music Society ($10K). Together the top 4 received $28K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lincoln Center Chamber Music Society New York, NYEducation programs for k-12 at Chamber Music Society$10,000
Harmony Program New York, NYEducation programs for Violin Harmony Program$10,000
Mannes School of Music New York, NYTuition for violin students at the Mannes School$5,000
Paul Efferman Music Plainview, NYTuition for music instruction for students studying violin at Holy Name of Mary School$2,656

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$781,473$795,982$812,163
Revenue$25,651$24,273$24,908
Expenses$40,160$40,454$40,976
Qualifying Distributions$38,346$38,350$37,807
Net Investment Income$23,837$22,169$21,739
Distributable Amount$29,370$41,233$41,592

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Frank & Helen Hermann Foundation Inc is led by Donald Magnotta, President Director on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Donald Magnotta

    President Director

    On filings since 2020

    10 hrs/week

    $17K (2020) → $8K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Donald Magnotta — President Director: $8KDonald MagnottaPresident Director$8K

The highest reported compensation on the 2024 filing was $8K, to Donald Magnotta (President Director).

Frequently asked questions about Frank & Helen Hermann Foundation Inc

How much does Frank & Helen Hermann Foundation Inc give each year?

Frank & Helen Hermann Foundation Inc gave $28K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 4 grants.

What is Frank & Helen Hermann Foundation Inc's typical grant size?

Frank & Helen Hermann Foundation Inc's median grant in 2024 was $7,500, and its average grant was $6,914, across 4 grants on its 2024 IRS Form 990-PF.

Where does Frank & Helen Hermann Foundation Inc give grants?

Frank & Helen Hermann Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (3 grants).

Does Frank & Helen Hermann Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Frank & Helen Hermann Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is Frank & Helen Hermann Foundation Inc?

Frank & Helen Hermann Foundation Inc reported $781K in total assets on its 2024 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).

What is Frank & Helen Hermann Foundation Inc's EIN?

Frank & Helen Hermann Foundation Inc's EIN (Employer Identification Number) is 11-3618580. IRS Form 990 filing data is available on this page for 2020–2024.

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

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