The Franchi-hershoff Family
The Franchi-hershoff Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 11 grants totaling $35K. Net investment income was $226.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32K
-39.5% YoY
Annual Giving
$35K
+352.7% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$3K
+311.5% YoY
Under IRS private-foundation payout rules, The Franchi-hershoff Family reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Franchi-hershoff Family
Based on IRS filings
The Franchi-hershoff Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 11 grants totaling $35K. Net investment income was $226.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,602 | $52,243 | $45,725 |
| Revenue | $15,226 | $15,329 | $20,087 |
| Expenses | $35,867 | $8,811 | $15,106 |
| Qualifying Distributions | $34,631 | $7,650 | $14,020 |
| Net Investment Income | $226 | $329 | $87 |
| Distributable Amount | $2,062 | $2,407 | $2,128 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Norwell Arts ($15,000), Norwell High School Pto ($14,940), Lake Winnipesaukee Association ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CASTLE PRESERVATION SOCIETY MOULTONBOROUGH, NH | ENVIRONMENTAL PRESERVATION | $500 |
| LAKE WINNIPESAUKEE ASSOCIATION MEREDITH, NH | ENVIRONMENTAL PRESERVATION | $1,500 |
| LAKES REGION CONSERVATION TRUST CENTER HARBOR, NH | GENERAL SUPPORT | $500 |
| LOON PRESERVATION COMMITTEE MOULTONBOROUGH, NH | ENVIRONMENTAL PRESERVATION | $250 |
| NORWELL HIGH SCHOOL PTO NORWELL, MA | EDUCATION | $250 |
| NORWELL ARTS NORWELL, MA | EDUCATION | $15,000 |
| NORWELL HIGH SCHOOL PTO NORWELL, MA | EDUCATION | $14,940 |
| TUFTONBORO FIREFIGHTERS ASSOCIATION CENTER TUFTONBORO, NH | FIREFIGHTER SUPPORT | $100 |
| MAZON AJEWISH RESPONSE TO HUNGER SHERMAN OAKS, CA | COMMUNITY SUPPORT | $41 |
| UNIVERSITY OF ROCHESTER ROCHESTER, NY | UNIVERSITY SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD HERSHOFF | TRUSTEE | — | — |
| JEAN M FRANCHI | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Franchi-hershoff Family?
The Franchi-hershoff Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. It holds $32K in total assets as of 2024.
How large is The Franchi-hershoff Family?
As of 2024, The Franchi-hershoff Family holds $32K in total assets with $15K in annual revenue. It awarded 11 grants totaling $35K in 2024.
Where does The Franchi-hershoff Family operate?
The Franchi-hershoff Family has awarded grants in California, Massachusetts, New Hampshire, New York, Virginia.
What size grants does The Franchi-hershoff Family award?
In 2024, The Franchi-hershoff Family awarded 11 grants totaling $35K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Franchi-hershoff Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Franchi-hershoff Family reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Franchi-hershoff Family's EIN?
The Franchi-hershoff Family's EIN (Employer Identification Number) is 45-6659007. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.