Herzing Foundation Inc
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.
Key facts about Herzing Foundation Inc
- EIN
- 84-5147767
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $161,000
- Grants made (2024)
- 7
- Average grant
- $23,000
- Median grant
- $25,000
- Total assets
- $2,750,186
- Primary geography
- Wisconsin (75% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Herzing Foundation Inc funds
By grant dollars, the top recipient states for Herzing Foundation Inc's 7 itemized 2024 grants were Wisconsin (75%), Tennessee (16%) and California (10%). The most frequent recipient cities were Milwaukee, WI (4 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Operations Support" (7 grants).
How Herzing Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+1%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Herzing Foundation Inc
- How to evaluate Herzing Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Herzing Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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
Ready to take the next step with Herzing Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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 |
| 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 |
| UNITED WAY OF GREATER MILWAUKEE Knoxville, TN | OPERATIONS SUPPORT | $25,000 |
| BOYS AND GIRLS CLUB OF GREATER MILWAUKEE Milwaukee, WI | OPERATIONS SUPPORT | $20,000 |
| WORLD WIDE EDUCATION FUND Palo Alto, CA | OPERATIONS SUPPORT | $16,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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
Similar Funders
Funders that support many of the same organizations
Daniel M Soref Rvoc Tr
Milwaukee, WI
Assets
—
Grants
44
Total Given
$3.0M
Charter Manufacturing Company
Milwaukee, WI
Assets
—
Grants
32
Total Given
$1.4M
John Oster Family Foundation Inc
Milwaukee, WI
Assets
—
Grants
3
Total Given
$4K
Zore Family Foundation
River Hills, WI
Assets
$323K
Grants
13
Total Given
$123K
Kelben Foundation Inc
Milwaukee, WI
Assets
—
Grants
417
Total Given
$4.9M
William Stark Jones Foundation
Milwaukee, WI
Assets
—
Grants
62
Total Given
$240K
Milwaukee Jewish Federation Inc
Milwaukee, WI
Assets
$280.1M
Grants
196
Total Given
$11.6M
Westbury Bank Charitable Foundation
West Bend, WI
Assets
—
Grants
17
Total Given
$64K
Herbert H Kohl Charities Inc
Milwaukee, WI
Assets
—
Grants
258
Total Given
$14.2M
Four-Four Foundation Inc
New York, NY
Assets
—
Grants
89
Total Given
$2.3M
Regal Beloit Charitable Foundation
Milwaukee, WI
Assets
—
Grants
73
Total Given
$778K
The United Way of Greater Waterbury Inc
Waterbury, CT
Assets
$9.8M
Grants
32
Total Given
$1.1M
More Funders in Wisconsin
Data last updated September 2026. Sourced from IRS Form 990-PF filings.