The Sally M and Stephen Herman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $157K in total assets. In 2024, it awarded 29 grants totaling $88K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$157K
-2.8% YoY
Annual Giving
$88K
-12.5% YoY
Grant Count
29
-39.6% YoY
Avg Grant Size
$3K
+44.8% YoY
Under IRS private-foundation payout rules, The Sally M and Stephen Herman reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sally M and Stephen Herman
Based on IRS filings
The Sally M and Stephen Herman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $157K in total assets. In 2024, it awarded 29 grants totaling $88K. Net investment income was $39K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $156,925 | $161,471 | $188,095 |
| Revenue | $42,240 | $42,133 | $40,135 |
| Expenses | $91,350 | $106,635 | $129,554 |
| Qualifying Distributions | $88,128 | $100,704 | $129,526 |
| Net Investment Income | $39,497 | $37,339 | $40,135 |
| Distributable Amount | $74,265 | $71,684 | $71,264 |
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
176 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Virginia Humanities ($25,305), Anti-defamation League ($20,798), Temple Micah ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $20,798 |
| BARRIER ISLAND CENTER MACHIPONGO, VA | GENERAL CHARITABLE PURPOSES | $200 |
| BISHOP WALKER SCHOOL FOR BOYS WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $500 |
| BLUEGRASS COUNTRY FOUNDATION WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $5,000 |
| BULLIS POTOMAC, MD | GENERAL CHARITABLE PURPOSES | $2,000 |
| CHRYSLER MUSEUM NORFOLK, VA | GENERAL CHARITABLE PURPOSES | $3,000 |
| DC PUBLIC LIBRARY FOUNDATION WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $1,000 |
| EDLAVITCH DC JEWISH COMMUNITY WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $500 |
| JEWISH MUSEUM AND CULTURAL CENTER PORTSMOUTH, VA | GENERAL CHARITABLE PURPOSES | $1,000 |
| KENNEDY CENTER WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN A HERMAN | PRESIDENT | 1 | — |
| SALLY M HERMAN | SECRETARY/TREASURER | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sally M and Stephen Herman?
The Sally M and Stephen Herman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. It holds $157K in total assets as of 2024.
How large is The Sally M and Stephen Herman?
As of 2024, The Sally M and Stephen Herman holds $157K in total assets with $42K in annual revenue. It awarded 29 grants totaling $88K in 2024.
Where does The Sally M and Stephen Herman operate?
The Sally M and Stephen Herman has awarded grants in Alabama, District of Columbia, Georgia, Illinois, Louisiana, Massachusetts, Maryland, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin.
What size grants does The Sally M and Stephen Herman award?
In 2024, The Sally M and Stephen Herman awarded 29 grants totaling $88K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Sally M and Stephen Herman required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sally M and Stephen Herman reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sally M and Stephen Herman's EIN?
The Sally M and Stephen Herman's EIN (Employer Identification Number) is 20-1817835. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sally M and Stephen Herman'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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