The Herschmann Family Foundation
The Herschmann Family Foundation is a private foundation focused on Human Services, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 2 grants totaling $30K. Net investment income was $5K.
The Herschmann Family Foundation at a glance
In short: The Herschmann Family Foundation gave $30K across 2 grants in 2024 (avg $15K), top state New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,000
- -59.2% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $15,000
- -18.5% vs 2023
- Median grant
- $15,000
- Total assets
- $154,701
- +80.5% vs 2023
- Primary geography
- New York (17% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Herschmann Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Cong Zichron Baruch ($25K). Together the top 2 received $30K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 26 grants of 27 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Herschmann Family Foundation gives
- Giving fell 31% from 2021 to 2024. Method
- In 2024 it paid out 43% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $30K (2024) to $74K (2023). In 2024 it made 2 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cong Zichron Baruch | Religious | $25,000 |
| Central Fund of Israel Cedarhurst, NY | Charitable | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $154,701 | $70,213 | $30,031 | $30,000 | 2 | $30,000 | $5,395 | $69,897 |
| 2023 | $85,724 | $37,322 | $73,609 | $73,600 | 4 | $73,600 | $2,217 | $52,678 |
| 2022 | $61,196 | $677 | $71,875 | $71,875 | 9 | $71,875 | $677 | $41,535 |
| 2021 | $64,894 | $56,483 | $43,280 | $43,280 | 5 | $43,280 | $7,855 | $30,543 |
| 2020 | $72,987 | $83,083 | $41,907 | $40,400 | 7 | — | $181 | $38,332 |
Under IRS private-foundation payout rules, The Herschmann Family Foundation reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Herschmann Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Aimee Ciment
Director
On filings since 2020
No compensation reported
Eric Herschmann
Director
On filings since 2020
No compensation reported
Michael Herschmann
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Herschmann Family Foundation
How much does The Herschmann Family Foundation give each year?
The Herschmann Family Foundation gave $30K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $74K across 4 grants.
How large is The Herschmann Family Foundation?
The Herschmann Family Foundation reported $155K in total assets on its 2024 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $70K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Herschmann Family Foundation?
The Herschmann Family Foundation is a private foundation focused on Human Services, based in Brooklyn, NY. It holds $155K in total assets as of 2024.
Where does The Herschmann Family Foundation operate?
The Herschmann Family Foundation has awarded grants in California, New Jersey, New York, Texas.
What is The Herschmann Family Foundation's EIN?
The Herschmann Family Foundation's EIN (Employer Identification Number) is 61-1579433. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Herschmann Family Foundation funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Herschmann Family Foundation's focus areas in our free grants database
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