Herray Foundation
- Assets
- $6.6m
- Revenue
- $504.3k
- Investments
- $6.5m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 46-1394812
Organization Overview
Herray Foundation is located in Seattle, WA. The organization was established in 2013. 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. Herray Foundation 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 12/2023, Herray Foundation generated $504.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $599.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $53,226 |
| Dividends & Interest | $210,899 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $229,760 |
| Capital Gain Net Income | $229,760 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,450 |
| Total Revenue | $504,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,015 |
| Taxes | $7,236 |
| Depreciation | $555 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,249 |
| Total operating and administrative expenses | $94,932 |
| Contributions, gifts, grants paid | $505,000 |
| Total expenses and disbursements | $599,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,427 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,507,395 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,905 |
| Total assets | $6,621,727 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herray Foundation has awarded $745,895 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE GIFT FUND PURPOSE: GIFTS TO PUBLIC CHARITY (IES) THROUGH A DONOR ADVISED FUND | $740,000 |
SEATTLE SYMPHONY PURPOSE: GENERAL FUND | $895 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: POLAR SCIENCE CENTER (PSC) SUPPORT FUND - OTHER UNIVERSITY SUPPORT | $5,000 |