The Hera Foundation
The Hera Foundation is a private foundation, based in FISHER ISLAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $136K. Net investment income was $99K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+3.5% YoY
Annual Giving
$136K
-6.2% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$12K
+2.3% YoY
Under IRS private-foundation payout rules, The Hera Foundation reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hera Foundation
Based on IRS filings
The Hera Foundation is a private foundation, based in FISHER ISLAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $136K. Net investment income was $99K.
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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 | $2,515,571 | $2,429,589 | $2,593,152 |
| Revenue | $328,310 | $81,198 | $307,426 |
| Expenses | $242,328 | $244,761 | $193,812 |
| Qualifying Distributions | $166,921 | $189,217 | $141,889 |
| Net Investment Income | $99,065 | $17,953 | $155,493 |
| Distributable Amount | $131,021 | $123,384 | $125,304 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Miami Dept of Otolaryngology ($81,000), Mount Sinai Medical Center Foundation ($31,000), Albert Einstein School of Medicine ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBERT EINSTEIN SCHOOL OF MEDICINE BRONX, NY | TO ADVANCE EDUCATION IN FIELD OF CANCER | $5,000 |
| ALBERT ELLIS INSTITUTE NEW YORK, NY | EDUCATION | $1,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ALOM NEW YORK, NY | MEDICAL ASSISTANCE | $5,000 |
| FOUNDATION FOR WOMEN'S CANCER CHICAGO, IL | CANCER RESEARCH | $1,000 |
| FRIENDS OF CANCER RESEARCH WASHINGTON, DC | CANCER RESEARCH | $500 |
| JEFFERSON MEDICAL PHILADELPHIA, PA | EDUCATION | $500 |
| MEMORIAL SLOAN KETTERING NEW YORK, NY | SUPPORT OF MEDICAL EDUCATION, SCHOLARSHIPS AND RESEARCH | $1,000 |
| MOUNT SINAI MEDICAL CENTER FOUNDATION MIAMI BEACH, FL | EDUCATION AND RESEARCH | $31,000 |
| SIMPLY SMILES WESTPORT, CT | CARE FOR UNDERPRIVILEGED CHILDREN | $5,000 |
| UCONN FOUNDATION STORRS, CT | EDUCATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARTHUR GOLDBERG | DIRECTOR | 0.2 | — |
| CAROLYN RUNOWICZ MD | PRESIDENT | 0.3 | — |
| SHELDON CHERRY MD | SECRETARY/TREASURER | 7 | $48,000 |
| MICHAEL FISCHER | DIRECTOR | 0.2 | — |
| REBECCA GOUREVITCH | DIRECTOR | 0.2 | — |
Frequently Asked Questions
How large is The Hera Foundation?
As of 2024, The Hera Foundation holds $2.5M in total assets with $328K in annual revenue. It awarded 11 grants totaling $136K in 2024.
Where does The Hera Foundation operate?
The Hera Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Illinois, New York, Pennsylvania, Virginia.
What size grants does The Hera Foundation award?
In 2024, The Hera Foundation awarded 11 grants totaling $136K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Hera Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hera Foundation reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hera Foundation's EIN?
The Hera Foundation's EIN (Employer Identification Number) is 13-3583082. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hera Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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