Wm H & Clara L Herman Charitable Trust

DALLAS, TX EIN: 30-6311067

Wm H & Clara L Herman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 1 grants totaling $32K. Net investment income was $64K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$676K

+4.6% YoY

Annual Giving

$32K

-2.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$32K

-2.4% YoY

Under IRS private-foundation payout rules, Wm H & Clara L Herman Charitable Trust reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About Wm H & Clara L Herman Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $160K (100%)

States

Illinois

Cities

Freeburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$676,311	$646,629	$671,725
Revenue	$67,154	$12,177	$-20,346
Expenses	$36,786	$37,049	$42,920
Qualifying Distributions	$33,780	$34,535	$37,182
Net Investment Income	$63,732	$13,854	$10,754
Distributable Amount	$37,091	$33,753	$34,581

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Freeburg Community Hs Dist 77 ($31,506).

Recipient	Purpose	Amount
FREEBURG COMMUNITY HS DIST 77 FREEBURG, IL	EQUIPMENT FOR SCHOOL	$31,506

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$1,584

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Wm H & Clara L Herman Charitable Trust?

Wm H & Clara L Herman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $676K in total assets as of 2024.

How large is Wm H & Clara L Herman Charitable Trust?

As of 2024, Wm H & Clara L Herman Charitable Trust holds $676K in total assets with $67K in annual revenue. It awarded 1 grants totaling $32K in 2024.

Where does Wm H & Clara L Herman Charitable Trust operate?

Wm H & Clara L Herman Charitable Trust has awarded grants in Illinois.

What size grants does Wm H & Clara L Herman Charitable Trust award?

In 2024, Wm H & Clara L Herman Charitable Trust awarded 1 grants totaling $32K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Wm H & Clara L Herman Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wm H & Clara L Herman Charitable Trust reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wm H & Clara L Herman Charitable Trust's EIN?

Wm H & Clara L Herman Charitable Trust's EIN (Employer Identification Number) is 30-6311067. IRS Form 990 filing data is available on this page for 2019–2024.