The Arthur and Janet Hershaft Foundation

PALM BEACH, FL EIN: 22-6462965

The Arthur and Janet Hershaft Foundation is a private family foundation based in Palm Beach, Florida. Established in 1988 in New York, the foundation operates as a 501(c)(3) charitable organization and maintains its primary office at 150 Bradley Place, Unit 209, Palm Beach, FL 33480.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-2.5% YoY

Annual Giving

$308K

-0.3% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$13K

-8.6% YoY

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

Mission & Focus Areas

The foundation's giving focuses primarily on human services and Jewish organizations.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BethesdaBinghamtonBostonBronxChicagoEast HamptonElmsfordGreenwichHanoverJupiterNew YorkPalm BeachPhoenixPurchaseRockledgeWashingtonWest HarrisonWest Palm BeachWoodbury

Financial History

Multi-year comparison from IRS filings

As of the most recent available tax filings (fiscal year 2023):

  • Total Assets: $1.91 million
  • Annual Revenue: $1.96 million
  • Annual Expenses: $315,931
  • Total Liabilities: $0

The foundation maintains a strong financial position with minimal liabilities and consistent annual revenue from investments and contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$538K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,860,183$1,907,399$266,969
Revenue$286,507$1,956,361$42,321
Expenses$333,723$315,931$125,221
Qualifying Distributions$330,634$315,181$122,417
Net Investment Income$286,418$210,169$42,234
Distributable Amount$86,311$17,957$16,996

Giving Over Time

Total grant dollars and number of grants per year

$0$107K$214K$321K$428K27 grants202023 grants202123 grants202222 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MORSE LIFE FOUNDATION$59KNYU LANGONE HEALTH$50KJEWISH FEDERATION OF PAL…$28KCOLUMBIA UNIVERSITY$20KAMERICAN FRIENDS OF THE …$20KPALM BEACH SYNAGOGUE$17KFRIENDS OF THE ISRAEL DE…$15KPARK AVENUE SYNAGOGUE$14KKRAVIS CENTER$10KPALM BEACH COUNTRY CLUB …$10K

Grant Size Distribution

119 grants across all recorded years

111<$50K4$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Arthur J. Hershaft, born in 1937, serves as a principal associated with the foundation. The foundation is named for both Arthur and Janet Hershaft, reflecting their joint philanthropic partnership.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARTHUR N HERSHAFTTrustee
JANET HERSHAFTTrustee

Contact Information

  • Address: 150 Bradley Place, Unit 209, Palm Beach, FL 33480
  • Telephone: 212-223-9080
  • EIN: 22-6462965

Related Funders

Similar funders by location and focus area

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

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