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Herbert Family Foundation is a private corporation based in TONKA BAY, MN. The foundation received its IRS ruling in 2020. The principal officer is Timothy Herbert. It holds total assets of $219K. Annual income is reported at $122K. Total assets have decreased from $517K in 2019 to $219K in 2024. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Minnesota and New York. According to available records, Herbert Family Foundation has made 38 grants totaling $682K, with a median grant of $16K. Annual giving has grown from $78K in 2021 to $125K in 2023. Grantmaking activity was highest in 2022 with $480K distributed across 24 grants. Individual grants have ranged from $1K to $61K, with an average award of $18K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Minnesota and New York and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$11K
Largest Grant
$30K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Herbert Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in MN, NY, VA.
Herbert Family Foundation has distributed a total of $682K across 38 grants. The median grant size is $16K, with an average of $18K. Individual grants have ranged from $1K to $61K.
Herbert Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbert Family Foundation is headquartered in TONKA BAY, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy Herbert | BOARD MEMBER | $0 | $0 | N/A |
| Margaret Herbert | PRESIDENT | $0 | $0 | N/A |
| Derek Herbert | SECRETARY | $0 | $0 | N/A |
| Dustin Herbert | TREASURER | $0 | $0 | N/A |
| Brianna Herbert | BOARD MEMBER | $0 | $0 | N/A |
| Hannah Herbert | BOARD MEMBER | $0 | $0 | N/A |
| Maighdlin Herbert | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$219K
Fair Market Value
N/A
Net Worth
$212K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
38
Total Giving
$682K
Average Grant
$18K
Median Grant
$16K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL FUND | Roseville, MN | $2K | 2022 |
| Alzheimer'S Association Of MnndGENERAL FUND | Minnetonka, MN | $61K | 2023 |
| American Heart Association IncGENERAL FUND | Eagan, MN | $22K | 2023 |
| St JudeGENERAL FUND | Edina, MN | $22K | 2023 |
| Relate Counseling CenterGENERAL FUND | Minnetonka, MN | $12K | 2023 |
| Young LifeGENERAL FUND | Roseville, MN | $4K | 2023 |
| The Bowery MissionGENERAL FUND | New York, NY | $3K | 2023 |
| Lundstrum Performing ArtsGENERAL FUND | Minneapolis, MN | $1K | 2023 |
| Children'S Health Care FoundationGENERAL FUND | Minneapolis, MN | $52K | 2022 |
| Tanzia Health PartnershipGENERAL FUND | Minneapolis, MN | $52K | 2022 |
| Grafton School IncGENERAL FUND | Winchester, VA | $40K | 2022 |
| Planned ParenthoodGENERAL FUND | New York, NY | $23K | 2022 |
| Park Nicollet FoundationGENERAL FUND | St Louis Park, MN | $21K | 2022 |
| Southwest Options For WomenGENERAL FUND | Hopkins, MN | $2K | 2022 |
| The Barstool FundGENERAL FUND | New York, NY | $30K | 2021 |
| Toys For TotsGENERAL FUND | New Hope, MN | $1K | 2021 |