Hermione Foundation
The Hermione Foundation is a private foundation based in New York, NY, established in 1992. It operates as a 501(c)(3) organization and functions primarily as a grantmaking foundation, distributing funds to other charitable organizations rather than operating its own programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+54.9% YoY
Annual Giving
$1.6M
+125.5% YoY
Grant Count
23
-30.3% YoY
Avg Grant Size
$69K
+223.5% YoY
Under IRS private-foundation payout rules, Hermione Foundation reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking focuses on:
- Arts and Culture — Particularly opera and music, with demonstrated support for performing arts organizations and cultural institutions
- Education — Including support for educational institutions and youth development
- Health and Human Services
- Philanthropy and Voluntarism
The foundation does not maintain a public website and provides limited transparency regarding its specific grantmaking priorities and strategies.
Grantmaking
Other documented grantees include Metropolitan Opera Association, 92nd Street Y, Artists Space, Carnegie Hall Society, The Metropolitan Museum of Art, Richard Tucker Music Foundation, and Junior Achievement.
Average Grant
amount varies by year
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, New Jersey, and North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $3,108,960
- Total revenues: $2,324,293
- Total expenses: $1,593,804
- Total giving: $1,579,257
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,108,960 | $2,007,474 | $1,991,793 |
| Revenue | $2,324,293 | $750,166 | $971,317 |
| Expenses | $1,593,804 | $715,468 | $1,484,669 |
| Qualifying Distributions | $1,579,600 | $707,457 | $1,464,183 |
| Net Investment Income | $1,216,660 | $499,403 | $524,463 |
| Distributable Amount | $131,140 | $92,643 | $102,200 |
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
142 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alumnae Association of Barnard College ($503,600), Metropolitan Opera ($465,511), New York Philharmonic ($206,870).
| Recipient | Purpose | Amount |
|---|---|---|
| THE STEPHEN & CHRISTINE SCHWARZMAN ANIMAL MEDICAL CENTER NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $1,500 |
| ALUMNAE ASSOCIATION OF BARNARD COLLEGE NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $503,600 |
| BREAKTHROUGH NEW YORK INC NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $1,500 |
| CARNEGIE HALL SOCIETY NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $10,500 |
| CENTRAL SYNAGOGUE NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $10,180 |
| CITY MEALS OF WHEELS DURHAM, NC | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $65,000 |
| FEEDING WESTCHESTER ELMSFORD, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $5,000 |
| FOOD BANK NYC HARTSDALE, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $70,000 |
| JAZZ AT LINCOLN CENTER NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $3,921 |
| METROPOLITAN OPERA NEW YORK, NY | TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES | $465,511 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founder: Laura J. Sloate, a finance veteran who established the foundation in 1992. Sloate holds a bachelor's degree from Barnard College and a master's degree from Columbia University. Her career in finance includes roles as a security analyst, managing director at Metropolitan Opera Association, and co-founder of Sloate Weisman, where she served as chairwoman, treasurer, chief investment officer, and director of research. She has also worked with Neuberger Berman and Drexel Burnham.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA J SLOATE | PRESIDENT | — | — |
| MICHAEL J SCHWARTZ | TRUSTEE | — | — |
| DONNA LEONE | TRUSTEE | — | — |
| NESLI BASGOZ | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation's most recent tax filing is from December 2024, reflecting 33 grants distributed that year with significant support directed toward arts and culture organizations, particularly in music and performing arts.
Frequently Asked Questions
What does Hermione Foundation fund?
The foundation's grantmaking focuses on: • **Arts and Culture** — Particularly opera and music, with demonstrated support for performing arts organizations and cultural institutions • **Education** — Including support for educational institutions and youth development • **Health and Human Services** • **Philanthropy and Voluntarism** The foundation does not maintain a public website and provides limited transparency regarding its specific grantmaking priorities and strategies.
How do I apply for a grant from Hermione Foundation?
**Grant Activity:** • Made 33 grants in 2024 • Total giving: $1,579,257 (2024) • Typical award range: $466–$569,250 • Average grant amount varies by year **Recent Grantees (2024):** • Alumnae Association of Barnard College — $503,600 • New York Philharmonic — $206,870 • Perlman Music Program — $172,275 Other documented grantees include Metropolitan Opera Association, 92nd Street Y, Artists Space, Carnegie Hall Society, The Metropolitan Museum of Art, Richard Tucker Music Foundation, and Junior …
Where does Hermione Foundation make grants?
The foundation primarily funds organizations in New York, New Jersey, and North Carolina.
What size grants does Hermione Foundation award?
In 2024, Hermione Foundation awarded 23 grants totaling $1.6M — an average of about $69K per grant, based on its IRS Form 990 filings.
How much is Hermione Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hermione Foundation reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hermione Foundation's EIN?
Hermione Foundation's EIN (Employer Identification Number) is 13-3673826. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hermione Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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