Hersey Foundation
The Hersey Foundation is a private family foundation based in Saint Paul, Minnesota. Established around 1968, it operates as a 501(c)(3) charitable organization focused on grantmaking in education, human services, and community development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.7M
+2.9% YoY
Annual Giving
$961K
-0.9% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$160K
-0.9% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Higher education
- Human services
- Community development
Grantmaking
The foundation does not accept unsolicited applications. Grants are made by invitation only.
Grant Range
$5,000 to $700,000
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Geographic Focus
Where this funder awards grants
The foundation funds nationally, with recent grants to organizations in Rhode Island, Minnesota, Florida, and South Dakota.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving:
- Total assets (2024): $23.1 million
- Total assets (2023): $23.9 million
- Annual expenses: $1.1 million
- Giving rate: 4.2% of assets
Historical Giving Trends:
| Year | Total Assets | Total Giving | Number of Grants | Median Grant |
|---|---|---|---|---|
| 2024 | $23.1M | $970K | 6 | $75K |
| 2023 | $23.9M | $1.7M | 4 | $325K |
| 2022 | $26.4M | $1.0M | 11 | $20K |
| 2021 | $11.2M | $610K | 8 | $37K |
| 2020 | $11.3M | $666K | 9 | $30K |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,746,358 | $23,076,550 | $23,861,428 |
| Revenue | $1,741,043 | $335,248 | $-674,208 |
| Expenses | $1,089,205 | $1,120,126 | $1,802,856 |
| Qualifying Distributions | $1,010,756 | $972,889 | $1,693,981 |
| Net Investment Income | $1,666,923 | $352,062 | $325,373 |
| Distributable Amount | $1,214,294 | $1,102,246 | $1,160,651 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD H HAMM JR | PRESIDENT & DIRECTOR | — | — |
| SHANNON HAMM | VP, TREASURER & DIRECTOR | — | — |
| KATHERINE A HASKINS | SECRETARY & DIRECTOR | — | — |
Contact Information
Address: 400 Selby Ave, Suite B Saint Paul, MN 55102
Phone: 651-289-4794
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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