Herman Family Foundation Co Valley National
- Assets
- $0.0
- Revenue
- $23.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wayne, NJ
- Founding
- 02/1995
- Data as of
- 12/2019
- EIN
- 52-1913550
Organization Overview
Herman Family Foundation Co Valley National is located in Wayne, NJ. The organization was established in 1995. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Herman Family Foundation Co Valley National generated $23.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 58.9% each year . All expenses for the organization totaled $84.4k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 2 | $858 | |
William Herman Co-Trustee | 1 | $0 | |
Joshua Herman Co-Trustee | 1 | $0 | |
Michelle Herman Co-Trustee | 1 | $0 | |
Aaron Herman Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,212 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,816 |
| Capital Gain Net Income | $21,816 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $858 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,715 |
| Contributions, gifts, grants paid | $81,640 |
| Total expenses and disbursements | $84,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Herman Family Foundation Co Valley National has awarded $81,640 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH SHORE ANIMAL LEAGUE AMERICA PURPOSE: UNRESTRICTED GENERAL | $3,320 |
STATE THEATRE OF NEW JERSEY PURPOSE: UNRESTRICTED GENERAL | $25,000 |
ST HUBERT'S ANIMAL WELFARE CENTER PURPOSE: UNRESTRICTED GENERAL | $3,320 |
YESHIVA PASSAIC TORAH INSTITUTE PURPOSE: UNRESTRICTED GENERAL | $25,000 |
YBH OF PASSAIC HILLEL PURPOSE: UNRESTRICTED GENERAL | $25,000 |