Hermes Family Foundation Co Gwendolyn H
Hermes Family Foundation Co Gwendolyn H is a private foundation, based in SUMMERFIELD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 31 grants totaling $86K. Net investment income was $357K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+28.4% YoY
Annual Giving
$86K
+65.4% YoY
Grant Count
31
+63.2% YoY
Avg Grant Size
$3K
+1.4% YoY
Under IRS private-foundation payout rules, Hermes Family Foundation Co Gwendolyn H reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.
About Hermes Family Foundation Co Gwendolyn H
Based on IRS filings
Hermes Family Foundation Co Gwendolyn H is a private foundation, based in SUMMERFIELD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 31 grants totaling $86K. Net investment income was $357K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,100,821 | $857,316 | $695,339 |
| Revenue | $378,750 | $237,265 | $73,308 |
| Expenses | $116,312 | $75,288 | $78,921 |
| Qualifying Distributions | $88,250 | $52,000 | $59,000 |
| Net Investment Income | $356,973 | $218,652 | $55,856 |
| Distributable Amount | $71,557 | $59,836 | $60,649 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Forsyth Country Day School Inc ($26,000), St Jude Childrens Research Hospital ($8,500), Moses Cone Health ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF THE BLUE RIDGE MARTINSVILLE, VA | GENERAL OPERATING | $2,000 |
| AMERICAN NATIONAL RED CROSS WASHINGTON, DC | GENERAL OPERATING | $1,000 |
| AMERICAN RED CROSS PIEDMONT TRIAD CH HIGH POINT, NC | GENERAL OPERATING | $3,000 |
| CARLISLE SCHOOL MARTINSVILLE, VA | GENERAL OPERATING | $3,000 |
| CARTER HIGH SCHOOL WINSTON SALEM, NC | GENERAL OPERATING | $2,000 |
| MOSES CONE HEALTH GREENSBORO, NC | GENERAL OPERATING | $6,000 |
| DUKE UNIVERSITY DURHAM, NC | GENERAL OPERATING | $1,000 |
| EASTER SEALS UCP NORTH CAROLINA RALEIGH, NC | GENERAL OPERATING | $1,000 |
| FERRUM COLLEGE FERRUM, VA | GENERAL OPERATING | $1,000 |
| FAMILY YOUNG MENS CHRISTIAN WINSTON SALEM, NC | GENERAL OPERATING | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADRIENNE HERMES | SECRETARY | — | — |
| GWENDOLYN SMITH | OFFICER/DIRECTOR | — | — |
| IRMA SMART | VICE PRESIDENT | — | — |
| DORIS CRUMPLER | PRESIDENT/DIRECTOR | — | — |
Frequently Asked Questions
How large is Hermes Family Foundation Co Gwendolyn H?
As of 2024, Hermes Family Foundation Co Gwendolyn H holds $1.1M in total assets with $379K in annual revenue. It awarded 31 grants totaling $86K in 2024.
Where does Hermes Family Foundation Co Gwendolyn H operate?
Hermes Family Foundation Co Gwendolyn H has awarded grants in District of Columbia, Georgia, North Carolina, New York, Pennsylvania, Tennessee, Virginia.
What size grants does Hermes Family Foundation Co Gwendolyn H award?
In 2024, Hermes Family Foundation Co Gwendolyn H awarded 31 grants totaling $86K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Hermes Family Foundation Co Gwendolyn H required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hermes Family Foundation Co Gwendolyn H reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hermes Family Foundation Co Gwendolyn H's EIN?
Hermes Family Foundation Co Gwendolyn H's EIN (Employer Identification Number) is 51-0172567. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hermes Family Foundation Co Gwendolyn H's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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