Hermanns Family Foundation Inc. is a private corporation based in ST PETERSBURG, FL. The foundation received its IRS ruling in 1997. The principal officer is % Richard F Mermanns Pres. It holds total assets of $12.4M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hermanns Family Foundation Inc. has made 26 grants totaling $1.4M, with a median grant of $30K. Annual giving has decreased from $927K in 2021 to $471K in 2022. Individual grants have ranged from $100 to $300K, with an average award of $54K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in South Carolina, Florida, California, which account for 81% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Hermanns Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in SC, FL, CA.
Hermanns Family Foundation Inc. has distributed a total of $1.4M across 26 grants. The median grant size is $30K, with an average of $54K. Individual grants have ranged from $100 to $300K.
Hermanns Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (650760751) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Hermanns Family Foundation Inc. is headquartered in ST PETERSBURG, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Hermanns | PRESIDENT | $0 | $0 | $0 |
| Lisa Hermanns | VP | $0 | $0 | $0 |
Total Giving
$471K
Total Assets
$9.7M
Fair Market Value
$9.7M
Net Worth
$9.7M
Grants Paid
$471K
Contributions
$1.9M
Net Investment Income
$101K
Distribution Amount
$367K
Total: $5.6M
Total Grants
26
Total Giving
$1.4M
Average Grant
$54K
Median Grant
$30K
Unique Recipients
15
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Living WaterCHRISTIAN CHARITY | Bellflower, CA | $100K | 2022 |
| American Cancer SocietyCANCER RESEARCH | Haggerston, MD | $100 | 2022 |
| Feather Sound ChurchEDUCATIONAL OPPORTUNITIES | Clearwater, FL | $175K | 2022 |
| Cavalry ChapelCARE FOR THE INDIGENT | Clearwater, FL | $50K | 2022 |
| Mercy International FoundationCARE FOR THE INDIGENT |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| St Petersburg, FL |
| $48K |
| 2022 |
| Go Drill InternationalPROVIDED INFRASTRUCTURE FOR THE IND. | Giddings, TX | $40K | 2022 |
| Wiley CollegeSUPPORT FOR HBC | Marshall, TX | $20K | 2022 |
| Xavier UniversitySUPPORT FOR HBC | New Orleans, LA | $10K | 2022 |
| Faith Covenent ChurchAID TO THE INDIGENT | St Petersburg, FL | $10K | 2022 |
| Cooper State University DevelopmentSUPPORT FOR HBC | Baltimore, MD | $10K | 2022 |
| Higher Quest FoundationAID FOR THE INDIGENT | Goose Creek, SC | $8K | 2022 |
| St Petersburg Christian SchoolENHANCE EDUCATIONAL OPPORTUNITIES | St Petersburg, FL | $100 | 2022 |
| Florida Dream CenterCARE FOR THE INDIGENT | St Petersburg, FL | $50K | 2021 |
| Childrens Hospital Of Los AngelesFEED THE INDIGENT | Los Angeles, CA | $1K | 2021 |
| Southern UniversityHIGHER EDUCATION | Lakeland, FL | $200 | 2021 |
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