Hermes Foundation Inc

BOSTON, MA EIN: 22-2560268

Hermes Foundation Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $991K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$991K

+125.4% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$248K

+125.4% YoY

Under IRS private-foundation payout rules, Hermes Foundation Inc reported a distributable amount of $5K for 2021 — the minimum it must pay out in qualifying distributions.

About Hermes Foundation Inc

Based on IRS filings

Hermes Foundation Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $991K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$274K$549K$823K$1M20202021
Metric20212020
Total Assets$996,049
Revenue$1,449$113,534
Expenses$997,308$468,027
Qualifying Distributions$991,073
Net Investment Income$99,231
Distributable Amount$5,038$73,130

Giving Over Time

Total grant dollars and number of grants per year

$0$248K$496K$743K$991K4 grants20204 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

FIDELITY CHARITABLE$248KFIDELITY CHARITABLE$248KFIDELITY CHARITABLE$248KFIDELITY CHARITABLE$248K

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Fidelity Charitable ($247,769), Fidelity Charitable ($247,768), Fidelity Charitable ($247,768).

RecipientPurposeAmount
FIDELITY CHARITABLE CINCINNATI, OHGENERAL PURPOSES$247,769
FIDELITY CHARITABLE CINCINNATI, OHGENERAL PURPOSES$247,768
FIDELITY CHARITABLE CINCINNATI, OHGENERAL PURPOSES$247,768
FIDELITY CHARITABLE CINCINNATI, OHGENERAL PURPOSES$247,768

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
MARYLOUISE COOLIDGEDIRECTOR & TREASURER
MORRIS GRAY JRCLERK
ELLEN C BURBANKDIRECTOR
GEORGINA L BOGETTODIRECTOR
MARY COOLIDGEDIRECTOR

Frequently Asked Questions

Where does Hermes Foundation Inc operate?

Hermes Foundation Inc has awarded grants in Ohio.

What size grants does Hermes Foundation Inc award?

In 2021, Hermes Foundation Inc awarded 4 grants totaling $991K — an average of about $248K per grant, based on its IRS Form 990 filings.

How much is Hermes Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Hermes Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hermes Foundation Inc's EIN?

Hermes Foundation Inc's EIN (Employer Identification Number) is 22-2560268. IRS Form 990 filing data is available on this page for 2020–2021.

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

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