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Herbst Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2001. The principal officer is Arthur Herbst. It holds total assets of $1.2M. Annual income is reported at $219K. Total assets have grown from $971K in 2011 to $1.2M in 2023. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in Illinois, Arizona and Massachusetts. According to available records, Herbst Family Foundation has made 52 grants totaling $277K, with a median grant of $1K. Individual grants have ranged from $100 to $25K, with an average award of $5K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Arizona, Massachusetts, Illinois, which account for 69% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$5K
Largest Grant
$30K
Based on 31 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.
Herbst Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in AZ, MA, IL.
Herbst Family Foundation has distributed a total of $277K across 52 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $100 to $25K.
Herbst Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbst Family Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Arthur L Herbst | PRESIDENT | $0 | $0 | N/A |
| Arthur L Herbst Jr | DIRECTOR | $0 | $0 | N/A |
| Lee G Herbst | VICE PRES | $0 | $0 | N/A |
Total Giving
$127K
Total Assets
$1.2M
Fair Market Value
$2.7M
Net Worth
$1.2M
Grants Paid
$112K
Contributions
$10K
Net Investment Income
$40K
Distribution Amount
$120K
Total: $1M
Total Grants
52
Total Giving
$277K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
23
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Buckingham Browne Nichols FundPROGRAM SUPPORT | Cambridge, MA | $25K | 2022 |
| U Of A FoundationSCHOOL OF ART | Tucson, AZ | $25K | 2022 |
| Tucson Symphony OrchestraPROGRAM SUPPORT | Tucson, AZ | $15K | 2022 |
| Gilder Lehrman Inst Of Amer HistPROGRAM SUPPORT | New York, NY | $10K | 2022 |
| Lyric Opera Of ChicagoPROGRAM SUPPORT | Chicago, IL | $5K | 2022 |
| Radcliffe InstitutePROGRAM SUPPORT | Cambridge, MA | $5K | 2022 |
| Chicago Symphony OrchestraPROGRAM SUPPORT | Chicago, IL | $5K | 2022 |
| Arizona Public MediaPROGRAM SUPPORT | Tucson, AZ | $4K | 2022 |
| Arizona Theatre CompanyPROGRAM SUPPORT | Tucson, AZ | $3K | 2022 |
| National Academy Of MedicinePROGRAM SUPPORT | Washington, DC | $2K | 2022 |
| Refugee OnePROGRAM SUPPORT | Chicago, IL | $2K | 2022 |
| International Anti-Poaching Foundation IncPROGRAM SUPPORT | Alexandria, VA | $1K | 2022 |
| Planned Parenthood Federation Of America IncPROGRAM SUPPORT | New York, NY | $1K | 2022 |
| The Fishing SchoolPROGRAM SUPPORT | Washington, DC | $1K | 2022 |
| Wildlife Conservation Network IncPROGRAM SUPPORT | San Francisco, CA | $1K | 2022 |
| University Of ChicagoBOOTH SCHOOL OF BUSINESS | Chicago, IL | $1K | 2022 |
| Tucson Festival Of BooksPROGRAM SUPPORT | Tucson, AZ | $1K | 2022 |
| Shady Hill SchoolPROGRAM SUPPORT | Cambridge, MA | $500 | 2022 |
| Hill SchoolPROGRAM SUPPORT | Pottstown, PA | $500 | 2022 |
| World LearningPROGRAM SUPPORT | Washington, DC | $500 | 2022 |
| Latin School Of ChicagoPROGRAM SUPPORT | Chicago, IL | $500 | 2022 |
| Wttw WfmtPROGRAM SUPPORT | Chicago, IL | $350 | 2022 |