//
Herbst Foundation Inc. is a private corporation based in SAN FRANCISCO, CA. The foundation received its IRS ruling in 1963. It holds total assets of $60.2M. Annual income is reported at $16.9M. The foundation operates in the area of education. According to available records, Herbst Foundation Inc. has made 4 grants totaling $15.6M, with a median grant of $3.6M. Annual giving has grown from $3.6M in 2020 to $5M in 2023. Individual grants have ranged from $3.4M to $5M, with an average award of $3.9M. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Herbst Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Herbst Foundation Inc. has distributed a total of $15.6M across 4 grants. The median grant size is $3.6M, with an average of $3.9M. Individual grants have ranged from $3.4M to $5M.
Herbst Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Herbst Foundation Inc. is headquartered in SAN FRANCISCO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert K Taylor | Treas. & Direct | $0 | $0 | $0 |
| Bruce W Hart | Director | $0 | $0 | $0 |
| William Noble | Director | $0 | $0 | $0 |
| Jerrol L Harris | Director | $0 | $0 | $0 |
| Melvyn I Mark | President | $0 | $0 | $0 |
Total Giving
$5.6M
Total Assets
$59.2M
Fair Market Value
$81.8M
Net Worth
$59.2M
Grants Paid
$5M
Contributions
$0
Net Investment Income
$2.2M
Distribution Amount
$3.8M
Total Grants
4
Total Giving
$15.6M
Average Grant
$3.9M
Median Grant
$3.6M
Unique Recipients
1
Most Common Grant
$3.4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule AttachedVarious | San Francisco, CA | $5M | 2023 |
| Fredric C Nelson Esq |
| Sec. & Director |
| $0 |
| $0 |
| $0 |
| Steven Monosson | Director | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
© 2026 Granted AI