The David M Hermann Foundation Inc
The David M Hermann Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY SPRINGS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $278K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$278K
+30.0% YoY
Annual Giving
$40K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$20K
+0.0% YoY
Under IRS private-foundation payout rules, The David M Hermann Foundation Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About The David M Hermann Foundation Inc
Based on IRS filings
The David M Hermann Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY SPRINGS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $278K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $277,951 | $213,888 | $247,514 |
| Revenue | $99,801 | $8,182 | $12,206 |
| Expenses | $41,836 | $41,808 | $42,080 |
| Qualifying Distributions | $40,000 | $40,000 | $40,000 |
| Net Investment Income | $1,496 | $6,374 | $10,126 |
| Distributable Amount | $10,683 | $10,782 | $12,236 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carrie Steele-Pitts Home Inc ($20,000), Lamp Ministries Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Carrie Steele-Pitts Home Inc Atlanta, GA | Grant for Tutorial Services | $20,000 |
| Lamp Ministries Inc Gainesville, GA | General Support | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David M Hermann | Director / Pres. /Sec. / Treas. | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The David M Hermann Foundation Inc?
The David M Hermann Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY SPRINGS, GA. It holds $278K in total assets as of 2024.
How large is The David M Hermann Foundation Inc?
As of 2024, The David M Hermann Foundation Inc holds $278K in total assets with $100K in annual revenue. It awarded 2 grants totaling $40K in 2024.
Where does The David M Hermann Foundation Inc operate?
The David M Hermann Foundation Inc has awarded grants in Georgia.
What size grants does The David M Hermann Foundation Inc award?
In 2024, The David M Hermann Foundation Inc awarded 2 grants totaling $40K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The David M Hermann Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The David M Hermann Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The David M Hermann Foundation Inc's EIN?
The David M Hermann Foundation Inc's EIN (Employer Identification Number) is 20-0265655. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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