Herbert Family Foundation

Organization Overview

Herbert Family Foundation is located in Corona Del Mar, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Herbert Family 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, Herbert Family Foundation generated $326.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $307.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Herbert Family Foundation has awarded 125 individual grants totaling $2,286,350. 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)Compensation
Gavin S Herbert
President / Director
$0
Cynthia H Mjolsness
Director
$0
Lauri H Delson
Director
$0
Gavin S Herbert Jr
Director
$0
Pamela Dunzer
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $14,890
Dividends & Interest $199,846
Net Rental Income$0
Net Gain on Sale of Assets $111,378
Capital Gain Net Income $111,378
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $326,114

Grants Awarded

Over the last fiscal year, Herbert Family Foundation has awarded $280,000 in support to 10 organizations.

Grant RecipientAmount

CASA ROMANTICA CULTURAL CENTER AND GARDENS

PURPOSE: GENERAL PURPOSE

$5,000

RICHARD NIXON FOUNDATION

PURPOSE: GENERAL PURPOSE

$10,000

HOAG HOSPITAL FOUNDATION

PURPOSE: GENERAL PURPOSE

$25,000

FOUNDATION OF THE AMERICAN ACADEMY OF OPTHALMOLOGY

PURPOSE: GENERAL PURPOSE

$10,000

SHERMAN LIBRARY & GARDENS

PURPOSE: GENERAL PURPOSE

$5,000

ST FRANCIS EPISCOPAL CHURCH

PURPOSE: GENERAL PURPOSE

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Broad Foundation
Los Angeles, CA
$135,756,363
Jay And Rose Phillips Family Foundation Of California
San Francisco, CA
$58,236
Jay And Rose Phillips Family Foundation Of Colorado
Redwood City, CA
-$205,157
Engelstad Fam Foundation
Las Vegas, NV
$53,710,352
W M Keck Foundation
Los Angeles, CA
$52,701,006
Henry J Kaiser Family Foundation
San Francisco, CA
$84,804,935
John H And Regina K Scully Foundation
San Rafael, CA
$12,086,785
Conrad Prebys Foundation
San Diego, CA
$33,852,859
The Ahmanson Foundation
Beverly Hills, CA
$107,282,633
Weingart Foundation
Los Angeles, CA
$77,965,136
Tosa Foundation
Portola Valley, CA
$45,134,010
Oprah Winfrey Charitable Foundation
Los Angeles, CA
$4,550,279
Diane And Bruce Halle Foundation
Scottsdale, AZ
$41,667,429
Margaret M Bloomfield Family Foundation
Manhattan Beach, CA
$1,302,932
Price Philanthropies Foundation
La Jolla, CA
$26,148,917
Reed Family Giving
Palo Alto, CA
$1,785,630
Elbridge Stuart Foundation
San Francisco, CA
$19,491,342
Alan J Arnold Md Charitable Foundation
Las Vegas, NV
$22,602,200
Gary And Mary West Charitable Trust
La Jolla, CA
$16,909,732
Autodesk Foundation
San Francisco, CA
$33,300,000
Kate B Reynolds Charitable Trust
Las Vegas, NV
$4,424,686
Windsong Tr
Manhattan Beach, CA
$36,236,726
The 1440 Foundation
Saratoga, CA
$24,001,341
Hobson Lucas Family Foundation
San Rafael, CA
$41,002,391
Hopper-Dean Foundation
Menlo Park, CA
$9,669,254

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