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
Under IRS private-foundation payout rules, Hersey Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Hamm Clinic ($700,000), The Conservation Fund ($100,000), The Everglades Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BROWN UNIVERSITY PROVIDENCE, RI | GENERAL FUND - EDUCATIONAL PURPOSES | $50,000 |
| CHRIST MEMORIAL CHAPEL HOBE SOUND, FL | GENERAL FUND - RELIGIOUS ACTIVITIES | $10,000 |
| HAMM CLINIC ST PAUL, MN | GENERAL FUND - COMMUNITY PROJECTS | $700,000 |
| THE CONSERVATION FUND STUART, FL | GENERAL FUND - CONSERVATION PROJECTS | $100,000 |
| THE EVERGLADES FOUNDATION PALMETTO BAY, FL | GENERAL FUND - COMMUNITY PROJECTS | $100,000 |
| ST FELIX CHURCH WABASHA, MN | GENERAL FUND - RELIGIOUS ACTIVITIES | $1,000 |
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
Frequently Asked Questions
What does Hersey Foundation fund?
The foundation's giving priorities include: • Higher education • Human services • Community development
How do I apply for a grant from Hersey Foundation?
**Grant Activity:** • Total giving in 2024: $970,000 • Number of grants in 2024: 6 • Grant range: $5,000 to $700,000 • Median grant size: $75,000 **Recent Grant Recipients (2023):** • Brown University ($50,000) — Educational purposes • Hamm Clinic ($700,000) — Community projects • Christ Memorial Chapel ($5,000) — Religious activities • The Everglades Foundation ($100,000) — Community projects • The Conservation Fund ($100,000) — Conservation projects • Oglala Lakota College ($15,000) — Educati…
Where does Hersey Foundation make grants?
The foundation funds nationally, with recent grants to organizations in Rhode Island, Minnesota, Florida, and South Dakota.
What size grants does Hersey Foundation award?
In 2024, Hersey Foundation awarded 6 grants totaling $961K — an average of about $160K per grant, based on its IRS Form 990 filings.
How much is Hersey Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hersey Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hersey Foundation's EIN?
Hersey Foundation's EIN (Employer Identification Number) is 23-7001771. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hersey 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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