Laurence E Herman Family Foundation

OAK BROOK, IL EIN: 26-2387412

Laurence E Herman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 15 grants totaling $117K. Net investment income was $167K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

+16.4% YoY

Annual Giving

$117K

-4.2% YoY

Grant Count

15

-16.7% YoY

Avg Grant Size

$8K

+15.0% YoY

About Laurence E Herman Family Foundation

Based on IRS filings

Laurence E Herman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 15 grants totaling $117K. Net investment income was $167K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ChicagoCincinattiDeerfieldDowners GroveEvanstonFremontInvernessMinneapolisNew YorkOak BrookUrbanaWashingtonWestchesterWheaton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$54K$107K$161K$215K20202021202220232024
Metric202420232022
Total Assets$2,966,280$2,547,439$2,193,310
Revenue$195,262$58,429$-52,638
Expenses$146,125$147,861$166,190
Qualifying Distributions$117,825$122,925$139,190
Net Investment Income$167,220$33,493$7,364
Distributable Amount$136,409$118,154$123,114

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$69K$103K$138K14 grants202014 grants202117 grants202218 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIDELITY CHARITABLE GIVING$101KUNIVERSITY OF ILLINOIS F…$3KERIE FAMILY HEALTH FOUND…$3KOLD TOWN SCHOOL OF FOLK …$2KJDRFBREAKTHROUGH T1D-IL$2KUNITED STATES HOLOCAUST …$1KOAK BROOK HISTORICAL SOC…$1KRONALD MCDONALD HOUSE CH…$1KCAMP ONE STEP$1KDUPAGE PADS$500

Grant Size Distribution

78 grants across all recorded years

73<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
LAURENCE E HERMANDirector
LESLIE S HERMANDirector
LAURA B WINTERDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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