Herschmann Family Foundation
- Assets
- $61.2k
- Revenue
- $677.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 61-1579433
Organization Overview
Herschmann Family Foundation is located in Brooklyn, NY. The organization was established in 2012. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herschmann 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.
Since 2017, Herschmann Family Foundation has awarded 44 individual grants totaling $428,184. 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 |
|---|---|---|---|
Eric Herschmann Director | 0 | $0 | |
Michael Herschmann Director | 0 | $0 | |
Aimee Ciment Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38 |
| Dividends & Interest | $639 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $677 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $71,875 |
| Total expenses and disbursements | $71,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,196 |
| 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 | $61,196 |
| 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 | $117,686 |
| Total liabilities | $117,686 |
Grants Awarded
Over the last fiscal year, Herschmann Family Foundation has awarded $71,875 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MORIAH PURPOSE: EDUCATION | $5,000 |
CONG AHAVATH TORAH PURPOSE: RELIGIOUS | $1,575 |
EAST HILL SYNAGOGUE PURPOSE: RELIGIOUS | $2,700 |
UT CHABAD PURPOSE: RELIGIOUS | $15,000 |
SHALOM AUSTIN PURPOSE: CHARITABLE | $3,600 |
ZICHRON BARUCH PURPOSE: RELIGIOUS | $10,000 |