The David M Hermann Foundation Inc

SANDY SPRINGS, GA EIN: 20-0265655

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

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $210K (100%)

States

Georgia

Cities

AtlantaGainesvilleGainsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.