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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$155K
+80.5% YoY
Annual Giving
$30K
-59.2% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$15K
-18.5% YoY
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.
About The Herschmann Family Foundation
Based on IRS filings
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.
Focus Areas
Ready to take the next step with The Herschmann Family Foundation?
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 | $154,701 | $85,724 | $61,196 |
| Revenue | $70,213 | $37,322 | $677 |
| Expenses | $30,031 | $73,609 | $71,875 |
| Qualifying Distributions | $30,000 | $73,600 | $71,875 |
| Net Investment Income | $5,395 | $2,217 | $677 |
| Distributable Amount | $69,897 | $52,678 | $41,535 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cong Zichron Baruch ($25,000), Central Fund of Israel ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONG ZICHRON BARUCH | RELIGIOUS | $25,000 |
| CENTRAL FUND OF ISRAEL CEDARHURST, NY | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC HERSCHMANN | DIRECTOR | — | — |
| MICHAEL HERSCHMANN | DIRECTOR | — | — |
| AIMEE CIMENT | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is The Herschmann Family Foundation?
As of 2024, The Herschmann Family Foundation holds $155K in total assets with $70K in annual revenue. It awarded 2 grants totaling $30K in 2024.
Where does The Herschmann Family Foundation operate?
The Herschmann Family Foundation has awarded grants in California, New Jersey, New York, Texas.
What size grants does The Herschmann Family Foundation award?
In 2024, The Herschmann Family Foundation awarded 2 grants totaling $30K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Herschmann Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herschmann Family Foundation reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Herschmann Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Jewish Federation of Metropolitan
CHICAGO, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
The Jewish Federation of Greater
NORTH BETHESDA, MD
Assets
$354.3M
Grants
401
Total Given
$36.6M
Houston Jewish Community Foundation
HOUSTON, TX
Assets
$260.7M
Grants
248
Total Given
$23.7M
The Bessemer Giving Fund
WOODBRIDGE, NJ
Assets
$948.2M
Grants
1,653
Total Given
$138.5M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Associated Jewish Charities of Baltimore
BALTIMORE, MD
Assets
$422.3M
Grants
505
Total Given
$30.1M
Morton H Meyerson Family Foundation
DALLAS, TX
Assets
$784K
Grants
5
Total Given
$803K
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
The Zommer Foundation
DAVIE, FL
Assets
$9.9M
Grants
10
Total Given
$451K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Herschmann Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities