Herbert Foundation

EAST LANSING, MI EIN: 88-2809300

Herbert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST LANSING, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 4 grants totaling $400K. Net investment income was $206K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

-3.8% YoY

Annual Giving

$400K

+6255.3% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$100K

+1488.8% YoY

Under IRS private-foundation payout rules, Herbert Foundation reported a distributable amount of $468K for 2024 — the minimum it must pay out in qualifying distributions.

About Herbert Foundation

Based on IRS filings

Herbert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST LANSING, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 4 grants totaling $400K. Net investment income was $206K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BathGrand RapidsLansing

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M202220232024
Metric202420232022
Total Assets$5,467,839$5,684,750$33,297
Revenue$183,417$8,392,411$138,810
Expenses$400,328$6,452$10,000
Qualifying Distributions$400,000$6,294$2,500
Net Investment Income$206,251$88,984
Distributable Amount$467,862$195,129$619

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants20221 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

SPARROW CLINICAL RESEARC…$250KMSU DEPT OF TRANSLATION …$100KGREATER LANSING FOOD BANK$45KASSOCIATION CHILDRENS ME…$5K

Grant Size Distribution

5 grants across all recorded years

3<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sparrow Clinical Research Institute ($250,000), Msu Dept of Translation Neuro ($100,000), Greater Lansing Food Bank ($45,000).

RecipientPurposeAmount
GREATER LANSING FOOD BANK BATH, MIFOOD SUPPORT$45,000
SPARROW CLINICAL RESEARCH INSTITUTE LANSING, MIMEDICAL RESEARCH$250,000
ASSOCIATION CHILDRENS MENTAL HEALTH LANSING, MIHEALTH SERVICES$5,000
MSU DEPT OF TRANSLATION NEURO GRAND RAPIDS, MIMEDICAL RESEARCH$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES HERBERTPRIOR PRES/T
JUDITH A HERBERTPRESIDENT
MELISSA K HERBERTVP & TREASUR
JAMES S HERBERTVP & SECRETA

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Herbert Foundation?

Herbert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST LANSING, MI. It holds $5.5M in total assets as of 2024.

How large is Herbert Foundation?

As of 2024, Herbert Foundation holds $5.5M in total assets with $183K in annual revenue. It awarded 4 grants totaling $400K in 2024.

Where does Herbert Foundation operate?

Herbert Foundation has awarded grants in Michigan.

What size grants does Herbert Foundation award?

In 2024, Herbert Foundation awarded 4 grants totaling $400K — an average of about $100K per grant, based on its IRS Form 990 filings.

How much is Herbert Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert Foundation reported a distributable amount of $468K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herbert Foundation's EIN?

Herbert Foundation's EIN (Employer Identification Number) is 88-2809300. IRS Form 990 filing data is available on this page for 2022–2024.

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

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