Also known as: FOUNDATION
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Hermanson Family Charitable Foundation is a private corporation based in STORY CITY, IA. The foundation received its IRS ruling in 2012. The principal officer is Peter A Hermanson. It holds total assets of $42K. Annual income is reported at $2K. Total assets have decreased from $225K in 2011 to $44K in 2023. The foundation is governed by 1 officer or trustee. 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. Grantmaking is concentrated in Iowa. According to available records, Hermanson Family Charitable Foundation has made 121 grants totaling $1.4M, with a median grant of $500. Annual giving has grown from $51K in 2020 to $1.2M in 2023. Individual grants have ranged from $100 to $567K, with an average award of $11K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Iowa, Minnesota, Washington, which account for 53% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$2K
Largest Grant
$10K
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.
Hermanson Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 121 grants. Its grantmaking reaches organizations primarily in IA, MN, WA.
Hermanson Family Charitable Foundation has distributed a total of $1.4M across 121 grants. The median grant size is $500, with an average of $11K. Individual grants have ranged from $100 to $567K.
Hermanson Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hermanson Family Charitable Foundation is headquartered in STORY CITY, IA. While based in IA, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter A Hermanson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$44K
Fair Market Value
$52K
Net Worth
$44K
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$49K
Total: $29K
Total Grants
121
Total Giving
$1.4M
Average Grant
$11K
Median Grant
$500
Unique Recipients
45
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Omaha, NE | $1K | 2023 |
| World ConcernCHARITABLE | Seattle, WA | $500 | 2023 |
| Story County Community FoundationCHARITABLE | Ames, IA | $567K | 2023 |
| Iowa State University FoundationEDUCATIONAL | Ames, IA | $287K | 2023 |
| Waldorf Lutheran College FoundationEDUCATIONAL | Forest City, IA | $287K | 2023 |
| Hope MinistriesCHARITABLE | Des Moines, IA | $1K | 2023 |
| Iowa State Fair Blue Ribbon FoundatCHARITABLE | Des Moines, IA | $1K | 2023 |
| Ripe For HarvestCHARITABLE | Colorado Springs, CO | $1K | 2023 |
| Victory Lutheran ChurchCHARITABLE | Mesa, AZ | $1K | 2023 |
| Mobility WorldwideCHARITABLE | Columbia, MO | $800 | 2023 |
| Living History FarmsEDUCATIONAL | Urbandale, IA | $500 | 2023 |
| Dresses For OrphansCHARITABLE | Mesa, AZ | $500 | 2023 |
| Leadership InstituteCHARITABLE | Arlington, VA | $500 | 2023 |
| Iowa 4-H FoundationCHARITABLE | Ames, IA | $500 | 2023 |
| Ronald Reagan Presidential FoundatiCHARITABLE | Simi Valley, CA | $200 | 2023 |
| Wartburg CollegeEDUCATIONAL | Waverly, IA | $100 | 2023 |
| University Of Washington FoundationEDUCATIONAL | Seattle, WA | $100 | 2023 |
| Immanuel Lutheran ChurchCHARITABLE | Story City, IA | $100 | 2023 |
| United Way Of Story CountyCHARITABLE | Ames, IA | $3K | 2022 |
| Roland Story School FoundationEDUCATION | Story City, IA | $1K | 2022 |
| Samaritans PurseCHARITABLE | Boone, NC | $1K | 2022 |
| Mayo ClinicCHARITABLE | Rochester, MN | $1K | 2022 |
| Judicial WatchCHARITABLE | Washington, DC | $500 | 2022 |
| Compassion InternationalCHARITABLE | Colorado Springs, CO | $500 | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA