Hoerle Foundation Inc

NEW YORK, NY EIN: 13-3419592

Hoerle Foundation Inc is a private foundation based in New York City, established in 1987. The foundation is located at 551 5th Avenue, Floor 33, New York City, NY 10176.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.0M

+3.1% YoY

Annual Giving

$1.4M

+42.4% YoY

Grant Count

+10.8% YoY

Avg Grant Size

$33K

+28.5% YoY

Under IRS private-foundation payout rules, Hoerle Foundation Inc reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving primarily focuses on education. Additional funding areas include philanthropy, voluntarism, grantmaking, and human services.

Grantmaking

Ready to take the next step with Hoerle Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation's grant-making activities are primarily concentrated in New York, Massachusetts, and the District of Columbia.

Grant Distribution by State

New York $3.6M (54%)

Connecticut $2.6M (39%)

Massachusetts $347K (5%)

Louisiana $75K (1%)

District of Columbia $16K (0%)

Pennsylvania $2K (0%)

Tennessee $1K (0%)

Florida $605 (0%)

+9 more states

States

Arizona California Connecticut District of Columbia Florida Indiana Kansas Louisiana Massachusetts Maryland New York Pennsylvania Rhode Island Tennessee Utah Virginia West Virginia

Cities

AndoverBelmontBostonBronxCarmelDavisEdgartownFalmouthHagerstownHartfordHyannisIndianapolisJacksonvilleKanabKentKingstonKnoxvilleLakevilleLarchmontLong Beach

Financial History

Multi-year comparison from IRS filings

As of the 2024 tax year:

Total Assets: $24,025,428
Total Giving: $1,362,277
IRS Status: Tax-exempt since October 1987

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$24,025,428	$23,295,140	$21,855,241
Revenue	$3,032,915	$3,883,830	$6,096,951
Expenses	$1,887,101	$1,432,017	$1,869,294
Qualifying Distributions	$1,362,277	$956,716	$1,436,475
Net Investment Income	$2,001,154	$1,786,437	$2,750,847
Distributable Amount	$1,793,686	$1,587,670	$1,495,146

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

186 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kent School ($721,000), Philharmonic Symphony Society of New York Incnew York Philharmonic ($450,000), Dancing Classrooms ($54,000).

Recipient	Purpose	Amount
564 PARK AVENUE PRESERVATION FOUNDATION NEW YORK, NY	CHARITABLE	$1,000
92 NY NEW YORK, NY	CHARITABLE	$250
AARP FOUNDATION LONG BEACH, CA	CHARITABLE	$25
ANIMAL SHELTER OF MARTHA'S VINEYARD EDGARTOWN, MA	CHARITABLE	$2,500
BEST FRIENDS ANIMAL SOCIETY KANAB, UT	CHARITABLE	$150
CENTRAL PARK CONSERVANCY NEW YORK, NY	CHARITABLE	$1,000
CHAPIN SCHOOL LTD NEW YORK, NY	CHARITABLE	$1,000
CITY GARDEN CLUB OF NEW YORK CITY INCORPORATED NEW YORK, NY	CHARITABLE	$600
DANCING CLASSROOMS NEW YORK, NY	CHARITABLE	$54,000
EDGARTOWN FIREMAN'S ASSOCIATION EDGARTOWN, MA	CHARITABLE	$250

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by the following board members:

Robert F. Hoerle — President & Director (2 hours/week)
Sheila A. Hoerle — Vice President & Director
Pierre J. Devegh — Treasurer
Jeffrey A. Hoerle — CFO, Secretary & Director
William S. Hoerle — Director
Alexander F. Hoerle — Director

The foundation operates with limited staffing and relies primarily on volunteer board leadership.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT F HOERLE	PRESIDENT & DIRECTOR	2	—
SHEILA A HOERLE	VICE PRES.& DIRECTOR	—	—
PIERRE J DEVEGH	TREASURER	—	—
JEFFREY A HOERLE	CFO, SECRETARY & DIRECTOR	0.5	—
WILLIAM S HOERLE	DIRECTOR	—	—
ALEXANDER F HOERLE	DIRECTOR	—	—

Frequently Asked Questions

What does Hoerle Foundation Inc fund?

The foundation's giving primarily focuses on education. Additional funding areas include philanthropy, voluntarism, grantmaking, and human services.

How do I apply for a grant from Hoerle Foundation Inc?

The foundation made total grants of $1,362,277 in 2024. Grant awards typically range from $25 to $753,000, with a median grant amount of $1,000. The foundation made 41 grants in the most recent filing period. The foundation operates on a preselected basis only and does not accept unsolicited applications for funding.

Where does Hoerle Foundation Inc make grants?

The foundation's grant-making activities are primarily concentrated in New York, Massachusetts, and the District of Columbia.

What size grants does Hoerle Foundation Inc award?

In 2024, Hoerle Foundation Inc awarded 41 grants totaling $1.4M — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Hoerle Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hoerle Foundation Inc reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.