Richard And Ethel Herzfeld Foundation Inc

Organization Overview

Richard And Ethel Herzfeld Foundation Inc is located in Milwaukee, WI. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard And Ethel Herzfeld Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Richard And Ethel Herzfeld Foundation Inc generated $7.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Richard And Ethel Herzfeld Foundation Inc has awarded 575 individual grants totaling $36,077,569. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,203,968
Net Rental Income$0
Net Gain on Sale of Assets $6,289,702
Capital Gain Net Income $6,289,702
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $49,465
Total Revenue $7,543,135

Grants Awarded

Over the last fiscal year, Richard And Ethel Herzfeld Foundation Inc has awarded $3,260,400 in support to 69 organizations.

Grant RecipientAmount

UNITED COMMUNITY CENTER

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: EDUCATION - CAPITAL SUPPORT: PREPARATION OF EARLY LEARNING ACADEMY FOR APRIL 2021 OCCUPANCY

$300,000

MILWAUKEE REPERTORY THEATER

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: ARTS AND CULTURE - 21-22 GENERAL OPERATIONS

$172,000

MILWAUKEE SYMPHONY ORCHESTRA

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: ARTS AND CULTURE - 21-22 GENERAL OPERATIONS

$155,000

MILWAUKEE FILM INC

PURPOSE: ARTS AND CULTURE - GENERAL OPERATIONS

$151,500

Milwaukee, WI

PURPOSE: ARTS AND CULTURE - $100K GENERAL OPERATIONS, $25K RESEARCH PROJECT

$125,000

MILWAUKEE ART MUSEUM

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: ARTS AND CULTURE - HERZFELD PHOTOGRAPHY CENTER PROGRAMMING AND ACQUISITION

$100,000
View Grant Profile

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