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Also known as: CHARITABLE FOUNDATION
Albert And Ethel Herzstein Charitable Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1998. The principal officer is % L Michael Hajtman. It holds total assets of $132.3M. Annual income is reported at $32.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Albert And Ethel Herzstein Charitable Foundation has made 1,042 grants totaling $16.7M, with a median grant of $10K. Annual giving has grown from $4.2M in 2021 to $5.1M in 2023. Grantmaking activity was highest in 2022 with $7.5M distributed across 502 grants. Individual grants have ranged from $2K to $500K, with an average award of $16K. The foundation has supported 422 unique organizations. The foundation primarily supports organizations in Texas, District of Columbia, New Mexico, which account for 91% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
Albert And Ethel Herzstein Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1,042 grants. Its grantmaking reaches organizations primarily in TX, DC, NM.
Albert And Ethel Herzstein Charitable Foundation has distributed a total of $16.7M across 1,042 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $2K to $500K.
Albert And Ethel Herzstein Charitable Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (746070484) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Albert And Ethel Herzstein Charitable Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 21 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| L Michael Hajtman | PRESIDENT (1/1/23-8/4/23) | $132K | $22K | $154K |
| Justina Renee Masaryk | EXECUTIVE DIRECTOR & INTERIM PRESIDENT | $123K | $18K | $142K |
| George W Strake Jr | EMERITUS ADVISORY | $26K | $0 | $26K |
| Robert Shoss | DIRECTOR | $24K | $0 | $24K |
| Michael Viator | CHAIRMAN | $24K | $0 | $24K |
Total Giving
$6.2M
Total Assets
$126.5M
Fair Market Value
$126.5M
Net Worth
$126.5M
Grants Paid
$5.1M
Contributions
$0
Net Investment Income
$8.7M
Distribution Amount
$5.9M
Total: $36.5M
Total Grants
1,042
Total Giving
$16.7M
Average Grant
$16K
Median Grant
$10K
Unique Recipients
422
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Heritage FoundationTOWARD SUPPORT OF FIGHTING FOR FREEDOM AND TRANSPARENCY THROUGH REFORMING ELECTIONS AND COMBATING BIG TECH'S OVERREACH. | Washington, DC | $100K | 2023 |
| Houston Museum Of Natural ScienceTOWARDS SUPPORT OF THE MATTER & MOTION HALL AND TO NAME THE HOUSTON CONNECTION GALLERY IN HONOR OF ALBERT AND ETHEL HERZSTEIN. | Houston, TX | $500K | 2023 |
| Battleship Texas Foundation IncTOWARDS SUPPORT OF THE COME AND SAVE IT! - BATTLESHIP TEXAS CAPITAL CAMPAIGN. | Houston, TX | $450K | 2023 |
| The Museum Of Fine Arts HoustonTOWARDS SUPPORT OF THE JUAICA ART GALLERY ENDOWMENT FUND THROUGH THE CAMPUS REDEVELOPMENT CAMPAIGN. | Houston, TX | $400K | 2023 |
| Steven Sheldon | SECRETARY/TREASURER | $24K | $0 | $24K |
| Richard Loewenstern | EMERITUS ADVISORY | $23K | $0 | $23K |
| Craig Loewenstern | DIRECTOR | $20K | $0 | $20K |
| Bryan Miller | VICE PRESIDENT | $20K | $0 | $20K |
| George W Strake Iii | DIRECTOR | $20K | $0 | $20K |
| Jewish Federation Of Greater HoustonTOWARDS SUPPORT OF EARLY CHILDHOOD INITIATIVES. | Houston, TX | $150K | 2023 |
| Worktexas Training CenterTOWARDS SUPPORT OF THE EXPANSION OF SERVICES. | Houston, TX | $150K | 2023 |
| Union County Historical SocietyTOWARDS SUPPORT OF WINDOW RESTORATION/PRESERVATION. | Clayton, NM | $150K | 2023 |
| Friends Of The Israel Defense ForcesTOWARDS SUPPORT OF MEDICAL DEVICES FOR SOLDIERS. | Houston, TX | $120K | 2023 |
| Sailing Angels FoundationIN MEMORIAM OF L. MICHAEL HAJTMAN, PAST PRESIDENT OF THE ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION. | Houston, TX | $100K | 2023 |
| Texas Public Policy FoundationTOWARDS SUPPORT OF SECURING THE TEXAS BORDER AND STRENGTHENING GRID RELIABILITY IN TEXAS AND BEYOND. | Austin, TX | $100K | 2023 |
| Chinquapin Preparatory SchoolTOWARDS SUPPORT FOR THE PETERSON FAMILY ACADEMIC FUND. | Highlands, TX | $100K | 2023 |
| 1894 IncIN MEMORIAM OF L. MICHAEL HAJTMAN, PAST PRESIDENT OF THE ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION. | Galveston, TX | $100K | 2023 |
| Wonderland Educational Estate AssociationTOWARDS SUPPORT OF THE WONDERWORKS CAMPAIGN. | Houston, TX | $100K | 2023 |
| Prager University FoundationTOWARDS SUPPORT OF PRAGERU KIDS IN TEXAS SCHOOLS IN MEMORY OF L. MICHAEL HAJTMAN. | Sherman Oaks, CA | $100K | 2023 |
| Alley TheatreTOWARDS SUPPORT OF EDUCATION AND COMMUNITY ENGAGEMENT PROGRAM. | Houston, TX | $50K | 2023 |
| Manned Space Flight Education Foundation IncorporatedTOWARDS SUPPORT OF THE 2024 SPACE EXPLORATION EDUCATORS CONFERENCE. | Houston, TX | $35K | 2023 |
| Congregation Emanu ElTOWARDS SUPPORT OF L'DOR VADOR, THE CAMPAIGN FOR EMANU EL'S FUTURE. | Houston, TX | $25K | 2023 |
| Houston Baptist UniversityTOWARDS SUPPORT OF THE INSTALLATION OF THE LIBERTY LABORATORY AS A VISITOR CENTER FOR INDEPENDENCE HALL AT HOUSTON CHRISTIAN UNIVERSITY. | Houston, TX | $25K | 2023 |
| William Marsh Rice UniversityTOWARDS SUPPORT OF THE CENTER FOR PUBLIC FINANCE. | Houston, TX | $25K | 2023 |
| Hermann Park ConservancyTOWARDS SUPPORT OF THE PLAY YOUR PARK CAMPAIGN: COMMONS WITH NAMING IN THE PERENNIAL GARDENS. | Houston, TX | $25K | 2023 |
| Catholic Charities Of The Archdiocese Of Galveston-HoustonTOWARDS SUPPORT OF THE SPIRIT OF CHARITY LUNCHEON. | Houston, TX | $25K | 2023 |
| Washington-On-The-Brazos Park Association IncTOWARDS SUPPORT OF THE WHERE TEXAS BECAME TEXAS CAPITAL CAMPAIGN. | Washington, TX | $25K | 2023 |
| San Jacinto Museum And Battlefield AssociationTOWARDS SUPPORT OF A LIBRARY DIGITAL MANAGEMENT SYSTEM. | La Porte, TX | $25K | 2023 |
| Boys And Girls Clubs Of Greater Houston IncTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $20K | 2023 |
| Jewish Family ServiceTOWARDS SUPPORT OF THE JFS CELEBRATION COMPANY SATELLITE CAMPUS. | Houston, TX | $20K | 2023 |
| University Of Texas FoundationTOWARDS SUPPORT OF THE PACESETTER BSN STUDENT SCHOLARSHIPS & SUPPORT FOR ACADEMIC SUCCESS CENTER AT UTHEALTH HOUSTON'S CIZIK SCHOOL OF NURSING. | Austin, TX | $20K | 2023 |
| Houston'S Amazing Place IncTOWARDS SUPPORT OF THE AMAZING TOGETHER CAMPAIGN. | Houston, TX | $20K | 2023 |
| Houston Public Media FoundationTOWARDS SUPPORT OF NOVA. | Houston, TX | $20K | 2023 |
| The Woods ProjectTOWARDS SUPPORT OF THE JUNIOR LEADERS PROGRAM. | Houston, TX | $20K | 2023 |
| The Jewish Institute For National Security Of AmericaTOWARDS SUPPORT OF THE GENERAL & ADMIRALS AND USMLP PROGRAMS. | Washington, DC | $20K | 2023 |
| Search Homeless ServicesTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $20K | 2023 |
| Aishel House IncTOWARDS SUPPORT OF THE SHUTTLE SERVICE. | Houston, TX | $20K | 2023 |
| Action Institute For The Study Of Religion And LibertyTOWARDS SUPPORT OF SCHOLARSHIPS FOR TWO TEXAS COLLEGE INTERNS ATTENDING THE EMERGING LEADERS PROGRAM. | Grand Rapids, MI | $20K | 2023 |
| Community Kollel Of HoustonTOWARDS SUPPORT OF THE WOMEN'S PROGRAMMING INITIATIVES. | Houston, TX | $20K | 2023 |
| Pro-Vision IncTOWARDS SUPPORT OF GENERAL OPERATIONS OF THE CORE PROGRAMS. | Houston, TX | $20K | 2023 |
| Crime Stoppers Of Houston IncTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $20K | 2023 |
| Junior Achievement Of Southeast Texas IncTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $20K | 2023 |
| Lone Star Flight MuseumTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $16K | 2023 |
| Prison Entrepreneurship ProgramTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $16K | 2023 |
| Bridges To LifeTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $16K | 2023 |
| Big Brothers Big Sisters Lone StarTOWARDS SUPPORT OF ONE-TO-ONE MENTORING. | Houston, TX | $16K | 2023 |
| Kids' Meals IncTOWARDS SUPPORT OF THE 2023 HEALTHY MEAL DELIVERY PROGRAM. | Houston, TX | $16K | 2023 |
| Folds Of Honor FoundationTOWARDS SUPPORT OF EDUCATIONAL SCHOLARSHIPS FOR RECIPIENTS IN THE HOUSTON AREA. | Tulsa, OK | $16K | 2023 |
| Houston Symphony SocietyTOWARDS SUPPORT OF GENERAL OPERATIONS OF THE 2023-24 SEASON. | Houston, TX | $15K | 2023 |
| Jewish Children'S Regional ServiceTOWARDS SUPPORT OF GENERAL OPERATIONS. | Metairie, LA | $15K | 2023 |
| Lemonade Day HoustonTOWARDS SUPPORT OF THE LEMONADE DAY HOUSTON PROGRAM. | Houston, TX | $15K | 2023 |
| Sefardic Gan IncTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $15K | 2023 |
| Hope And Healing Center & InstituteTOWARDS SUPPORT OF DIRECT PROGRAM SERVICES. | Houston, TX | $15K | 2023 |
| Ronald Mcdonald House Of Houston IncTOWARDS SUPPORT OF GENERAL OPERATIONS. | Houston, TX | $15K | 2023 |
| Intercollegiate Studies Institute IncTOWARDS SUPPORT OF THE TEXAS LIBERTY EDUCATIONAL INITIATIVE. | Wilmington, DE | $15K | 2023 |
HOUSTON, TX
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