Rick & Julie Hermanson Foundation

Private foundation · Grantmaker Kent, WA EIN: 99-0415103

The Rick & Julie Hermanson Foundation is a private foundation based in Kent, Washington. In 2024, it reported 15 grants totaling $172,557 to charitable organizations.

Key facts about Rick & Julie Hermanson Foundation

In short: Rick & Julie Hermanson Foundation gave $173K across 15 grants in 2024 (avg $12K), mostly in Washington. Source: 2024 IRS Form 990-PF.

EIN
99-0415103
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$172,557
Grants made (2024)
15
Average grant
$11,504
Median grant
$5,000
Total assets
$1,332,157
Primary geography
Washington (76% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests; it states that it makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+154.5% YoY

Annual Giving

$173K

Grant Count

15

Avg Grant Size

$12K

Under IRS private-foundation payout rules, Rick & Julie Hermanson Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

How Rick & Julie Hermanson Foundation gives

  • In 2024 it paid out 743% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grantees describe work in areas including skilled-trades training, high-school education, emergency medical services, wildlife and habitat conservation, local economic development, university support, and community health care. These are the grantees’ own stated missions, not a stated focus-area list for the foundation.

For example, Heavy Metal Summer Experience says it trains students and showcases career opportunities in the skilled trades. Life Support says it works to enhance emergency medical services and health care in the Upper Kittitas Communities and I-90 Corridor. The Rocky Mountain Elk Foundation says its mission includes protecting elk, other wildlife and habitat, and supporting hunting heritage.

Grantmaking

In 2024, the foundation reported 15 grants totaling $172,557. Grant amounts ranged from $500 to $50,190, with a median of $5,000.

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Geographic Focus

Where this funder awards grants

In 2024, recipients in Washington received 76% of grant dollars. The other reported recipient-state shares were Georgia, 9%; Indiana, 6%; Montana, 3%; and Minnesota, 3%.

Grant Distribution by State

6states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

SeattleIndianapolisAtlantaBellevueCle ElumMissoulaRoslynSammamishSouth Cle ElumSt. PaulTacomaVisalia

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2023 15 grants2024

In 2024 it made 15 grants totaling $173K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Multicare Foundation: $50KMulticare Foundation$50KHeavy Metal Summer Experience: $32KHeavy Metal Summer Experience$32KForterra NW: $24KForterra NW$24K3DE National LLC: $15K3DE National LLC$15KLife Support: $10KLife Support$10KRocky Mountain Elk Foundation: $6KRocky Mountain Elk Foundation$6KRoslyn Downtown Association: $5KRoslyn Downtown Association$5KWashington State Grange: $5KWashington State Grange$5KUniversity of Washington Foundation: $5KUniversity of WashingtonFoundation$5KProject 42: $5KProject 42$5K

The largest 2024 recipient was Multicare Foundation ($50K). Together the top 10 received $157K.

Grant Size Distribution

15 grants across all recorded years

14<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 15 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Multicare Foundation Tacoma, WAUnrestricted.$50,190
Heavy Metal Summer Experience Bellevue, WAUnrestricted.$32,000
Forterra NW Seattle, WAUnrestricted.$23,500
3DE National LLC Atlanta, GAUnrestricted.$15,000
Life Support South CLE Elum, WAUnrestricted.$10,167
Rocky Mountain Elk Foundation Missoula, MTUnrestricted.$5,700
Roslyn Downtown Association Roslyn, WAUnrestricted.$5,000
Washington State Grange CLE Elum, WAUnrestricted.$5,000
University of Washington Foundation Seattle, WAUnrestricted.$5,000
Project 42 St. Paul, MNUnrestricted.$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $1,332,157 $1,007,329 $175,172 $172,557 15
2023 $523,433 $523,433 Not provided Not provided 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2023 2024
Metric20242023
Total Assets$1,332,157$523,433
Revenue$1,007,329$523,433
Expenses$175,172—
Qualifying Distributions$172,557—
Net Investment Income$20,417—
Distributable Amount$23,219$48

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard Hermanson as president, Julie Hermanson as vice president, Jana Burbank as secretary, and David McNear as treasurer.

Rick & Julie Hermanson Foundation is led by Richard Hermanson, President on every filing since 2023; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard Hermanson

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • David McNear

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jana Burbank

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

  • Julie Hermanson

    Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 21440 68Th Ave S, Kent, WA 98032
Phone: (206) 575-9700

Frequently asked questions about Rick & Julie Hermanson Foundation

How much does Rick & Julie Hermanson Foundation give each year?

Rick & Julie Hermanson Foundation gave $173K across 15 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Rick & Julie Hermanson Foundation's typical grant size?

Rick & Julie Hermanson Foundation's median grant in 2024 was $5,000, and its average grant was $11,504, across 15 grants on its 2024 IRS Form 990-PF.

Where does Rick & Julie Hermanson Foundation give grants?

Rick & Julie Hermanson Foundation gives mostly in Washington: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Georgia (9%) and Indiana (6%). The most frequent recipient cities were Seattle, WA (3 grants) and Indianapolis, IN (2 grants).

Does Rick & Julie Hermanson Foundation give general operating support?

Yes: 100% of Rick & Julie Hermanson Foundation's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Rick & Julie Hermanson Foundation's largest grantees?

Rick & Julie Hermanson Foundation's largest 2024 grantees include Multicare Foundation ($50,190), Heavy Metal Summer Experience ($32,000) and Forterra NW ($23,500), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.

How large is Rick & Julie Hermanson Foundation?

Rick & Julie Hermanson Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $173K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

What does Rick & Julie Hermanson Foundation fund?

No mission statement for the foundation is provided. Its 2024 grantees describe work in areas including skilled-trades training, high-school education, emergency medical services, wildlife and habitat conservation, local economic development, university support, and community health care. See mission & focus areas ↑

How do I apply for a grant from Rick & Julie Hermanson Foundation?

The foundation does not accept unsolicited requests; it states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Rick & Julie Hermanson Foundation's EIN?

Rick & Julie Hermanson Foundation's EIN (Employer Identification Number) is 99-0415103. IRS Form 990 filing data is available on this page for 2023–2024.

Does Rick & Julie Hermanson Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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