The Herman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 15 grants totaling $141K. Net investment income was $141K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-0.7% YoY
Annual Giving
$141K
-6.7% YoY
Grant Count
15
-11.8% YoY
Avg Grant Size
$9K
+5.7% YoY
Under IRS private-foundation payout rules, The Herman Foundation reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
About The Herman Foundation
Based on IRS filings
The Herman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 15 grants totaling $141K. Net investment income was $141K.
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 | $1,564,632 | $1,575,311 | $1,539,693 |
| Revenue | $165,745 | $215,389 | $71,584 |
| Expenses | $176,424 | $179,771 | $180,994 |
| Qualifying Distributions | $140,703 | $150,806 | $150,447 |
| Net Investment Income | $140,513 | $193,809 | $49,276 |
| Distributable Amount | $165,872 | $141,447 | $148,980 |
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
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yehudi Menuhin Live Music Now ($20,367), Elisabethstift ($20,336), Team Prime Time Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Team Prime Time Inc Los Angeles, CA | After School Program for At-Risk Youth | $15,000 |
| Puppies Behind Bars New York, NY | Support prison inmate guide dog training program | $5,000 |
| Canine Companions for Independence Santa Rosa, CA | Support providing service dogs to assist the disabled | $5,000 |
| Elisabethstift | Support their advocacy for youth care and education. | $20,336 |
| ALS Association Golden West Chapter Woodland Hills, CA | Support finding a cure for ALS through research & providing care & support for patients & their families. | $5,000 |
| Yehudi Menuhin Live Music Now | Support music therapy for people in hospitals, nursing homes, orphanages, prisons, homes or other social institutions. | $20,367 |
| CASA of Los Angeles Monterey Park, CA | Support advocacy for abused and neglected children. | $10,000 |
| School on Wheels Inc Ventura, CA | Support enhancing education opportunities of homeless children | $5,000 |
| Mr Holland's Opus Foundation Studio City, CA | Support underfunded school music programs to give economically disadvantaged youth access to music education. | $5,000 |
| RedRover dba of United Animal Natio Sacramento, CA | Support bringing animals out of crisis. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael G Herman | Pres Treas Dir | 5 | — |
| Daniel Herman | Director | — | — |
| Dieter Ulrich | VP, Director | 1 | — |
| Candice E Herman | Secretary, Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Herman Foundation?
The Herman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $1.6M in total assets as of 2024.
How large is The Herman Foundation?
As of 2024, The Herman Foundation holds $1.6M in total assets with $166K in annual revenue. It awarded 15 grants totaling $141K in 2024.
Where does The Herman Foundation operate?
The Herman Foundation has awarded grants in California, District of Columbia, Hawaii, Massachusetts, New York.
What size grants does The Herman Foundation award?
In 2024, The Herman Foundation awarded 15 grants totaling $141K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Herman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herman Foundation reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Herman Foundation's EIN?
The Herman Foundation's EIN (Employer Identification Number) is 35-2376324. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Herman 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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