Herbert N Gundersheimer Foundation Inc

Foundation · Grantmaker Baltimore, MD EIN: 52-2070429

Herbert N Gundersheimer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Baltimore, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 12 grants totaling $276K. Net investment income was $227K.

Key facts about Herbert N Gundersheimer Foundation Inc

EIN: 52-2070429
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $275,500
Grants made (2024): 12
Average grant: $22,958
Median grant: $12,500
New grantees (estimate): 0% first-time grantees (0 of 12, 2024)
Total assets: $2,233,838
Primary geography: Maryland (85% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Herbert N Gundersheimer Foundation Inc funds

By grant dollars, the top recipient states for Herbert N Gundersheimer Foundation Inc's 12 itemized 2024 grants were Maryland (85%) and Virginia (15%). The most frequent recipient cities were Baltimore, MD (4 grants) and Takoma Park, MD (2 grants). None of its 12 grants with a stated purpose were described as general or operating support.

Is Herbert N Gundersheimer Foundation Inc open to new grantees?

first-time grantees, 2024

In 2024, 0 of 12 grantees (0%) were first-time recipients. How we count

100% of 2024 grantees were also funded in 2023. Method
Giving grew 35% from 2021 to 2024. Method
In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-3.1% YoY

Annual Giving

$276K

+17.0% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$23K

+36.5% YoY

Under IRS private-foundation payout rules, Herbert N Gundersheimer Foundation Inc reported a distributable amount of $325K for 2024 — the minimum it must pay out in qualifying distributions.

About Herbert N Gundersheimer Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $236K (85%)

Virginia $40K (15%)

Share of all 12 itemized 2024 grant dollars.

States

Maryland Virginia

Cities

BaltimoreTakoma ParkSilver SpringColumbiaHagerstownPhoenixReisterstownBeltsvilleRoanoke

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,233,838	$2,304,136	$2,462,007
Revenue	$342,554	$204,848	$123,901
Expenses	$418,454	$359,965	$396,279
Qualifying Distributions	$302,833	$261,333	$288,000
Net Investment Income	$227,073	$106,216	$20,907
Distributable Amount	$325,000	$247,952	$246,507

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

68 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Washington Adventist University ($130,000), Compress and Shock Foundation ($40,000), Baltimore Symphony Orchestra ($25,000).

Recipient	Purpose	Amount
WASHINGTON ADVENTIST UNIVERSITY Takoma Park, MD	TO PROMOTE EDUCATION FOR DISAVANTAGED STUDENTS.	$130,000
COMPRESS AND SHOCK FOUNDATION Roanoke, VA	TO PROVIDE CHEST COMPRESSION CPR AND AED EDUCATION.	$40,000
BALTIMORE SYMPHONY ORCHESTRA Baltimore, MD	TO THE ORCHKIDS PROGRAM TO PROVIDE EQUITABLE ACCESS TO MUSIC INSTRUCTION FOR DISADVANTAGED YOUTH.	$25,000
SPENCERVILLE ACADEMY Silver Spring, MD	TO PROMOTE EDUCATION FOR DISADVANTAGED STUDENTS.	$20,000
HIGHLAND VIEW ACADEMY Hagerstown, MD	TO PROMOTE EDUCATION FOR DISADVANTAGED STUDENTS.	$20,000
TAKOMA ACADEMY Takoma Park, MD	TO PROMOTE EDUCATION FOR NEEDY STUDENTS.	$20,000
JOHNS HOPKNS UNIV CTR FOR TALENTED Baltimore, MD	TO SUPPORT EDUCATIONFOR DISADVANTGED YOUTH.	$5,000
CATHOLIC CHARITIES Baltimore, MD	TO SUPPORT LOW INCOME PRE-SCHOOL CHILDREN.	$5,000
DEFENDERS OF ANIMAL RIGHTS Phoenix, MD	TO PROMOTE PREVENTION OF ANIMAL CRUELTY.	$3,000
HUMANE SOCIETY-BALTIMORE CNTY Reisterstown, MD	TO PREVENT ANIMAL CRUELTY.	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
H Dean Bouland	President/Direc	3	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Herbert N Gundersheimer Foundation Inc?

Herbert N Gundersheimer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Baltimore, MD. It holds $2.2M in total assets as of 2024.

How large is Herbert N Gundersheimer Foundation Inc?

As of 2024, Herbert N Gundersheimer Foundation Inc holds $2.2M in total assets with $343K in annual revenue. It awarded 12 grants totaling $276K in 2024.

Where does Herbert N Gundersheimer Foundation Inc operate?

Herbert N Gundersheimer Foundation Inc has awarded grants in Maryland, Virginia.

What size grants does Herbert N Gundersheimer Foundation Inc award?

In 2024, Herbert N Gundersheimer Foundation Inc awarded 12 grants totaling $276K — an average of about $23K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert N Gundersheimer Foundation Inc reported a distributable amount of $325K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herbert N Gundersheimer Foundation Inc's EIN?

Herbert N Gundersheimer Foundation Inc's EIN (Employer Identification Number) is 52-2070429. IRS Form 990 filing data is available on this page for 2020–2024.