Herzing Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $161K. Net investment income was $217K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+2.3% YoY
Annual Giving
$161K
+22.0% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$23K
+39.4% YoY
Under IRS private-foundation payout rules, Herzing Foundation Inc reported a distributable amount of $169K for 2024 — the minimum it must pay out in qualifying distributions.
About Herzing Foundation Inc
Based on IRS filings
Herzing Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $161K. Net investment income was $217K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,750,186 | $2,689,252 | $2,948,467 |
| Revenue | $236,696 | $-93,418 | $-20,426 |
| Expenses | $180,215 | $150,017 | $187,707 |
| Qualifying Distributions | $161,000 | $132,000 | $145,000 |
| Net Investment Income | $217,480 | $12,743 | $12,894 |
| Distributable Amount | $168,843 | $142,302 | $140,918 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wisconsin Conservancy of Music ($25,000), Mmac Comunity Support Foundation ($25,000), Medical College of Wi-advancing Wi Health Care Endowment ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WISCONSIN CONSERVANCY OF MUSIC MILWUKEE, WI | OPERATIONS SUPPORT | $25,000 |
| WORLD WIDE EDUCATION FUND PALO ALTO, CA | OPERATIONS SUPPORT | $16,000 |
| MMAC COMUNITY SUPPORT FOUNDATION MILWAUKEE, WI | OPERATIONS SUPPORT | $25,000 |
| MEDICAL COLLEGE OF WI-ADVANCING WI HEALTH CARE ENDOWMENT MILWAUKEE, WI | OPERATIONS SUPPORT | $25,000 |
| CHILDRENS WISCONSIN FOUNDATION MILWAUKEE, WI | OPERATIONS SUPPORT | $25,000 |
| BOYS AND GIRLS CLUB OF GREATER MILWAUKEE MILWAUKEE, WI | OPERATIONS SUPPORT | $20,000 |
| UNITED WAY OF GREATER MILWAUKEE KNOXVILLE, TN | OPERATIONS SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY HERZING | PRESIDENT | 2 | — |
| SUZANNE HERZING | VICE PRESIDENT | 0.3 | — |
| RENEE HERZING | SEC/TREASURER | 0.3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Herzing Foundation Inc?
Herzing Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $2.8M in total assets as of 2024.
How large is Herzing Foundation Inc?
As of 2024, Herzing Foundation Inc holds $2.8M in total assets with $237K in annual revenue. It awarded 7 grants totaling $161K in 2024.
Where does Herzing Foundation Inc operate?
Herzing Foundation Inc has awarded grants in California, Tennessee, Wisconsin.
What size grants does Herzing Foundation Inc award?
In 2024, Herzing Foundation Inc awarded 7 grants totaling $161K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Herzing Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Herzing Foundation Inc reported a distributable amount of $169K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herzing Foundation Inc's EIN?
Herzing Foundation Inc's EIN (Employer Identification Number) is 84-5147767. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Herzing Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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