Herrendorf Family Foundation Inc is a private family foundation established in 1987 and based in Northbrook, Illinois. The foundation invests in strategic partnerships with global change leaders, with a primary focus on education, empowerment, and generational resilience.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41.7M
+2.4% YoY
Annual Giving
$3.9M
+68.9% YoY
Grant Count
194
+79.6% YoY
Avg Grant Size
$20K
-6.0% YoY
Under IRS private-foundation payout rules, Herrendorf Family Foundation Inc reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Herrendorf Family Foundation's mission is to invest in strategic partnerships with global change leaders to advocate for education, empowerment, and generational resilience.
The foundation's primary focus areas include:
- Scholarships and Student Financial Aid: Multi-year scholarships, annual bursaries, and emergency funds for students
- Youth Leadership Development: Programs connecting scholars with mentors and thought leaders
- Educational Access: Supporting academically gifted students from diverse backgrounds
Grantmaking
The foundation provides various forms of financial support to scholars:
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Geographic Focus
Where this funder awards grants
The foundation has a primary focus on Chicago and Illinois, with some national and international reach through collaborative programs. The OWLS scholarship program supports students from across the country.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available filings:
| Metric | Amount |
|---|---|
| Total Assets (2024) | $41.7 million |
| Total Assets (2023) | $40.8 million |
| Total Giving (2023) | $2.3 million |
| Revenue (2024) | $3.44 million |
| Expenses (2024) | $5.77 million |
| Total Liabilities (2024) | $4.21 million |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $41,746,255 | $40,782,526 | $34,600,088 |
| Revenue | $3,436,265 | $3,739,815 | $2,302,025 |
| Expenses | $5,768,617 | $3,733,154 | $3,042,480 |
| Qualifying Distributions | $5,162,767 | $3,250,143 | $2,850,136 |
| Net Investment Income | $1,520,277 | $2,681,709 | $2,096,011 |
| Distributable Amount | $1,789,191 | $1,815,808 | $1,789,232 |
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
203 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Admirals Cove Foundation ($100,000), Baden K9 Kares Foudation ($50,000), Catherine Hou - Boston College ($44,060).
| Recipient | Purpose | Amount |
|---|---|---|
| Admirals Cove Foundation Jupiter, FL | Charitable contributions | $100,000 |
| Adrian Hamel - Illinios Institute o Chicago, IL | Scholarships | $351 |
| Adrian Hamel - Illinios Institute o Chicago, IL | Scholarships | $4,000 |
| Adrian Hamel - Illinios Institute o Chicago, IL | Scholarships | $9,672 |
| Adrian Hamel - Illinios Institute o Chicago, IL | Scholarships | $9,672 |
| Agudah Camps Chicago, IL | Charitable contributions | $20,000 |
| Aiyannah Tasker-Lewis - New York Un New York, NY | Scholarships | $380 |
| Aiyannah Tasker-Lewis - New York Un New York, NY | Scholarships | $3,163 |
| Aiyannah Tasker-Lewis - New York Un New York, NY | Scholarships | $3,163 |
| Aiyannah Tasker-Lewis - New York Un New York, NY | Scholarships | $15,815 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Kasondra Cohen Herrendorf: VP/Director and CEO of Herrendorf Family Foundation
- Joshua Herrendorf: President/Director
- Suzi Glassman: VP/Director
- David P Pogrund: Secretary/Treasurer
The foundation was named after Hershel Herrendorf, the late founder who was born in Haifa, Israel and moved to Chicago in 1965, where he found success on the Chicago Mercantile Exchange.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Suzi Glassman | VP/Director | 8 | $25,000 |
| Joshua Herrendorf | President/Director | 8 | $25,000 |
| Kasondra Cohen Herrendorf | VP/Director | 10 | — |
| David P Pogrund | Secretary/Treasurer | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced its 4th Annual Holiday Hamper Event
Herrendorf Family Foundation Announces 4th Annual Holiday Hamper Event |In 2021, Herrendorf Family Foundation joined the Oprah Winfrey Charitable Foundation as a contributing founder of the Oprah Winfrey Leaders Scholars (OWLS) program
Herrendorf Family Foundation gives out over $200K in scholarships - ABC7In August 2022, the foundation hosted a dinner at Chicago Cut Steakhouse to distribute over $200,000 in scholarships to Chicago youth entering post-secondary education
Herrendorf Family Foundation gives out over $200K in scholarships - ABC7Contact Information
- Website: herrendorf.org
- Phone: 312-218-7204
- Address: 425 Huehl Road, Building 7, Northbrook, IL 60062
- EIN: 36-3553268
- Tax-Exempt Status: 501(c)(3), tax-exempt since December 1987
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Herrendorf Family Foundation Inc fund?
The Herrendorf Family Foundation's mission is to invest in strategic partnerships with global change leaders to advocate for education, empowerment, and generational resilience. The foundation's primary focus areas include: • **Scholarships and Student Financial Aid**: Multi-year scholarships, annual bursaries, and emergency funds for students • **Youth Leadership Development**: Programs connecting scholars with mentors and thought leaders • **Educational Access**: Supporting academically gifte…
How do I apply for a grant from Herrendorf Family Foundation Inc?
The foundation provides various forms of financial support to scholars: • **We Got You Initiative**: A multi-year support program offering scholarships, emergency grants, community engagement, and the MOM (Moms Offering More) program • **Scholarship Amounts**: In 2022, the foundation distributed over $200,000 in scholarships, providing 13 students with full and partial scholarships in addition to 25 youth already sponsored in Chicago • **Fields Supported**: Students have received support for de…
Where does Herrendorf Family Foundation Inc make grants?
The foundation has a primary focus on Chicago and Illinois, with some national and international reach through collaborative programs. The OWLS scholarship program supports students from across the country.
What size grants does Herrendorf Family Foundation Inc award?
In 2024, Herrendorf Family Foundation Inc awarded 194 grants totaling $3.9M — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Herrendorf Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Herrendorf Family Foundation Inc reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herrendorf Family Foundation Inc's EIN?
Herrendorf Family Foundation Inc's EIN (Employer Identification Number) is 36-3553268. IRS Form 990 filing data is available on this page for 2020–2024.
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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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