Herrendorf Family Foundation Inc
- Assets
- $0.0
- Revenue
- $2.9m
- Investments
- $37.6m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 03/1988
- Data as of
- 06/2021
- EIN
- 36-3553268
Organization Overview
Herrendorf Family Foundation Inc is located in Northbrook, IL. The organization was established in 1988. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herrendorf Family 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 06/2021, Herrendorf Family Foundation Inc generated $2.9m in total revenue. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 106.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Herrendorf Family Foundation Inc has awarded 334 individual grants totaling $10,482,273. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzi Glassman Vp/director | 8 | $25,000 | |
Joshua Herrendorf President/director | 8 | $25,000 | |
Kasondra Cohen Herrendorf Vp/director | 10 | $0 | |
David P Pogrund Secretary/treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tanya Slingsby | 6/29/22 | $125,528 |
Stone Pogrund & Korey | 6/29/22 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,500 |
| Interest on Savings | $23,862 |
| Dividends & Interest | $531,710 |
| Profit on Inventory Sales | $0 |
| Other Income | $894,776 |
| Total Revenue | $2,906,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $685,229 |
| Contributions, gifts, grants paid | $1,088,730 |
| Total expenses and disbursements | $1,773,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,470,766 |
| Investments—mortgage loans | $100,000 |
| Investments—other | $4,396,309 |
| Other assets | $2,031,435 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herrendorf Family Foundation Inc has awarded $2,308,205 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIAN HAMEL ILLINOIS INSTITUTE OF PURPOSE: SCHOLARSHIPS | $1,790 |
ADMIRALS COVE FOUNDATION PURPOSE: DONOR ADVISED FUND | $100,000 |
ADRIAN HAMEL ILLINOIS INSTITUTE OF PURPOSE: SCHOLARSHIPS | $7,763 |
ADRIAN HAMEL ILLINOIS INSTITUTE OF PURPOSE: SCHOLARSHIPS | $7,681 |
AIYANNAH TASKER-LEWIS NEW YORK UNIV PURPOSE: SCHOLARSHIPS | $9,708 |
AGUDAH CAMPS PURPOSE: CHARITABLE CONTRIBUTIONS | $20,000 |